AvidXchange

JANUARY 4, 2018

Nearly 75% of companies were targeted in 2016. To prevent ACH fraud, 60% of businesses make it a daily habit to reconcile accounts to return all unauthorized ACH debits. Real-time payments are generally deposited immediately. The statistics of the B2B payment methods are alarming. Payments are processed in no more than 24 hours.

Budgeting 40

Budgeting Deposits Reconciling Accounts Payable 40

Cloud Accounting Podcast

JULY 7, 2020

They gave Wirecard an unqualified audit for years 2016 through 2019, while these accounts were supposed to exist. What got weird about that is that the amount in those accounts became so large- it's equivalent to more than a quarter of the total group revenue for Wirecard in the years 2016 through 2019; a quarter of all of their revenue.

Tax 40

Tax Auditing Deposits Accounting 40

Cloud Accounting Podcast

JUNE 28, 2020

If you've ever tried to get your clients' Stripe, Square, or PayPal transactions into QuickBooks or Xero, you've probably pulled your hair out a few times trying to get income and fees recorded correctly so that the deposit amounts match the bank statement so you can reconcile. They're faking their books."

Bookkeeping 40

Bookkeeping QuickBooks Payroll Auditing 40

Cloud Accounting Podcast

SEPTEMBER 22, 2020

This means that e-commerce sellers are dealing with massive amounts of transactions that need to appear in the general ledger correctly so that you can easily reconcile these transactions with a bank statement. It's starting to get tough, which doesn't reconcile with the whole. David Leary: [00:33:12] Intuit should do this.

QuickBooks 40

QuickBooks XERO Payroll Deposits 40

Cloud Accounting Podcast

JUNE 23, 2020

If you've ever tried to get your clients' Stripe, Square, or PayPal transactions into QuickBooks or Xero, you've probably pulled your hair out a few times trying to get income and fees recorded correctly so that the deposit amounts match the bank statement so you can reconcile.

QuickBooks 40

QuickBooks Computation XERO Tax 40