Cloud Accounting Podcast

FEBRUARY 10, 2022

We'll also get into some app news, conference updates, and talk more tax, as we wander through the land of IRS troubles. Payments Valued at $72.6T to verify your identity.

Tax 40

Tax Deposits Billing XERO 40

AvidXchange

MAY 9, 2023

The Challenge: Time Wasted Following Up on Payment Status Doron Contracting joined the AvidPay Network in 2021 and enrolled in the supplier portal in 2022. It’ll tell me when it was paid, so I know that I deposited it on that date. AvidXchange’s supplier portal helps Doron Contracting save time and more easily reconcile invoices.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Reconciling 52

Billah and Associates

MARCH 10, 2022

If one is eligible the notice and payment will be made by direct deposit or mailed by cheque. For the 2020 tax year, which pays out from 2021 to 2022, the maximum amount is: If one is single, then $456. Every ineligible person will be sent a notice and they can always object to this notice if necessary.

Deposits 52

Deposits Tax Accounting Accounting 52

AvidXchange

DECEMBER 14, 2020

There was lots of shuffling of checks from one desk to another, lots of deposits having to be made. Read more: Expert Insights for Peak Performance in 2021 For the past eight months Erin and her team have been working remotely and haven’t returned to the office except to occasionally expedite a payment. AvidPay changed all of that.”

AP 52

AP Accounts Payable Accounts Payable Deposits 52

Nanonets

MARCH 21, 2023

ACH is most commonly used for direct deposit of payroll, payment of bills, and business-to-business payments. To reduce error, fraud, and delays, NACHA added new regulations in 2021. No international payments ACH payments can only be deposited into US–based banks. Mistakes usually resulted in a delay of 1 to 2 days.

Deposits 52

Deposits AP Accounts Payable Accounts Payable 52

AvidXchange

JUNE 10, 2024

Considering that major brands like Toyota and HP highlighted environmental messages in their campaigns for the 2021 Olympics, others will likely follow suit this year. Deloitte’s Global Marketing Trends Report indicates that sustainability is a significant marketing trend today.

Data Entry 52

Data Entry Budgeting Deposits Invoice Processing 52

Cloud Accounting Podcast

FEBRUARY 10, 2021

Sponsors QuickFee: [link] Practice Ignition: [link] Odoo: [link] Show Notes 1:30 - Terrible financial advice is going viral on TikTok [link] 1:44 - TikTok Compilation Life Hack A Piece Of Information You Learned That feels Illegal to Know MashUps [link] 2:20 - Question: [link] 3:40 - Start a church: [link] 4:25 - S corp: [link] 9:44 - Closing the Diversity (..)

QuickBooks 40

QuickBooks Tax AR XERO 40

Cloud Accounting Podcast

JANUARY 14, 2022

link] 48:08 – Ted on Tech: Time for a home office update?

Deposits 40

Deposits Auditing QuickBooks Tax 40

Cloud Accounting Podcast

FEBRUARY 2, 2021

20:44 - Melio raises $110M on a $1.3B

QuickBooks 40

QuickBooks Billing Payroll Deposits 40

Cloud Accounting Podcast

SEPTEMBER 30, 2021

Let us know! 45:22 – Expensify is Carbon Neutral in 2021 [link] 46:24 – SURVEY: Zoom Tops Microsoft Teams for Now [link] 47:50 – REPAY, Veem Collaborate on B2B Payments [link] 47:57 – American Express and Extend Partner to Enable Virtual Cards for U.S.

CPA 40

CPA QuickBooks Financial Reporting Deposits 40

MineralTree

NOVEMBER 10, 2022

In fact, 58% of accounts payable teams were targeted via email scams in 2021. As noted above, checks can get lost in the mail, take a long time to arrive, and may not always be deposited immediately upon their receival. These fraudsters may hijack an email chain or send look-alike invoices.

AP 52

AP Invoicing AR Accounts Payable 52

AvidXchange

JUNE 4, 2021

During the pandemic, the ACH processed two rounds of Economic Impact Payments, hundreds of millions made by direct deposit. Your business can take advantage of these benefits too and be well on its way to a productive 2021 and beyond. All of the changes and turmoil could have upended America’s payment system. They didn’t.”

AP 40

AP Deposits Accounting Accounting 40

AvidXchange

JANUARY 10, 2018

They’re leveraging EFT (Electronic Funds Transfer) payments with direct deposit and auto draft for subscription services. By 2021, 46% of global buyers will transition from credit cards and cash to eWallet in the eCommerce world. Buyers are well-adjusted in the ePayments world.

AP 40

AP Deposits Accounts Payable Accounts Payable 40

Nanonets

MAY 30, 2023

 The World Bank reports that two-thirds of adults worldwide make or receive a digital payment today, with the share in developing economies growing from 35% in 2014 to 57% in 2021. Efficiency: ePayment systems do not require waiting in long queues in ATMs and banks to withdraw cash or deposit checks.  

Accounts Payable 52

Accounts Payable Accounts Payable Purchase Order AP 52

AvidXchange

JANUARY 16, 2023

That’s up from 27% of respondents in 2021. In a survey of Community Associations Institute (CAI) members conducted by AvidXchange in May 2022, 37% of respondents believe their organization will face the challenge of managing critical operations with limited staff.

AP 52

AP General Ledger Accounts Payable Accounts Payable 52

Cloud Accounting Podcast

MAY 5, 2021

Sponsors Sage Advice: [link] Client Hub: [link] Relay Financial: [link] Show Notes 4:24 – Biden to propose tax hikes, $80B for audits of rich [link] 7:36 – U.S. million [link] 40:39 – New & Improved in FreshBooks: Income Importer, Dashboard Widgets, and More [link] Get in Touch Thanks for listening and for the great reviews!

Auditing 40

Auditing QuickBooks XERO Deposits 40

Cloud Accounting Podcast

AUGUST 11, 2020

Blake Oliver: [00:21:59] So, all this real-time deposits thing is getting bigger and bigger because we were just talking about this last episode. Blake Oliver: [00:37:35] Until there's a vaccine, I don't think these events resume, and that's gonna take until early 2021. I'm concerned about next year's conference season.

QuickBooks 40

QuickBooks Microsoft Excel Billing Payroll 40

Cloud Accounting Podcast

MARCH 30, 2020

I send it to ADP to do the direct deposits, and when they shoot out those direct deposits, they're adding in that extra 1,200 bucks, or whatever the proper amount is that's from the government [crosstalk] the accounts. It's gonna be called Square Financial Services in 2021. As of right now, you could get the app in the U.S.

Accounting 40

Accounting Accounting Payroll Billing 40

Cloud Accounting Podcast

JANUARY 2, 2025

Pick Pushed a Problematic Tax Credit [link] The Dying Language of Accounting [link] CPAs Deliberate on the Decline of Accounting [link] Most Americans say a salary of $270K deems financial success [link] CFPB Sues Walmart and Branch Messenger for Illegally Opening Deposit Accounts for More Than One Million Delivery Drivers [link] Lyft Accuses San Francisco (..)

CPA 53

CPA Deposits Accounting Accounting 53

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. That's my follow up in the fraud world.

Bookkeeping 40

Bookkeeping QuickBooks Payroll Auditing 40

Cloud Accounting Podcast

FEBRUARY 14, 2023

Harris Adopts Updated Regulation For Disclosure Requirements For Commercial Financing [link] Crypto’s One-Time Favorite Bank Faces Federal Probe Into FTX Relationship [link] US Bank launches automated direct deposit switching [link] Chase to Expand Small Business Banking Workforce by 20% [link] How Can We Make Accounting Cool? -

Accounting 40

Accounting Accounting Deposits QuickBooks 40

Cloud Accounting Podcast

SEPTEMBER 22, 2020

A2X posts tidy summaries of sales, returns, and fees from Shopify and Amazon directly into QuickBooks, or Xero that will exactly match the deposits that appear in your bank account. Instead of me, like right now when I get paid, I can specify what accounts I want my direct deposit to go to – my bank accounts. This is coming soon.

QuickBooks 40

QuickBooks XERO Payroll Deposits 40

Cloud Accounting Podcast

MAY 18, 2020

What he did, is he- somewhere along the line, he crossed the line, and he rerouted payroll direct deposit money that was supposed to go into employees' bank accounts, and the money to pay taxes. David Leary: [00:25:01] I mean, the trouble here is you have to have the cash to deposit in people's accounts. That's what I'm not following.

Payroll 40

Payroll Billing Deposits Auditing 40