AvidXchange

SEPTEMBER 1, 2017

Invoices must be manually created, printed, and mailed; then you wait for the customer to open the envelope, enter the invoice into his or her own system, process the invoice, print a check, and mail it to your company; then your staff has to open the envelope, deposit the check, and match the payment to the outstanding invoice.

Billing 52

Billing Deposits Invoicing Computation 52

Cloud Accounting Podcast

APRIL 6, 2020

They have 60 million direct deposits they can do. Interesting fact - Kabbage, in 2017 - raised $250 million from SoftBank. They owe this money, and they need to pay these invoices. Here's an Accounting Today article called: Some Coronavirus Stimulus Checks May Not Arrive Until September." They're gonna do that in mid-April.

Payroll 40

Payroll QuickBooks Tax Bookkeeping 40

Cloud Accounting Podcast

JUNE 8, 2020

Stay tuned to hear more from our sponsor, Liscio, later in the episode. Blake Oliver: [00:00:28] Back in 2017, not that long ago, the AICPA did a demographic trends report, finding that nine percent of students enrolling into accounting bachelor's programs are Black. At least 1,020 duplicate deposits were issued for PPP.

Tax 40

Tax XERO Payroll QuickBooks 40

Cloud Accounting Podcast

MAY 26, 2020

I know we've been thinking, oh, it's gonna be 2016, 2017. Blake Oliver: [00:17:20] Yeah. It sounds like kind of a little bit of a bank feed, but they're gonna tie it back to whether or not invoices are paid or outstanding. If you invoice out of Clear Books, and then you get paid through Revolut, it's going to tie that back together.

XERO 40

XERO Accounting Accounting QuickBooks 40