Xero

FEBRUARY 5, 2023

In June 2021, CommBank developed Stream Working Capital in partnership with Waddle to give businesses access to funds using their outstanding invoices as loan security. The cash conversion cycle – the time it takes to convert investments in inventory into cash – has increased from 55 days in 2020 to more than 100 days in 2022.

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AP Association

APRIL 7, 2022

Accounts payable (AP) is an integral part of business finance that works to ensure that companies are effectively handling their financial obligations. From the digitisation of accounting processes to the integration of automation, there are a number of emerging trends in AP to watch out for.

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Xero

NOVEMBER 30, 2022

In the 2022 budget announcement, Singapore’s Minister for Finance announced the GST rate will increase from 7% to 8% on 1 January 2023, and from 8% to 9% on 1 January 2024. We’ll make the new 8% rate available in Xero by 9 December 2022. We’ll make the new 8% rate available in Xero by 9 December 2022. Update your default rate.

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XERO Bank Reconciliation Billing Invoicing 226

Xero

JULY 6, 2022

It’s also a chance to find out more about some of the powerful apps, tools and services from across the accounting and small business industries. If you’re joining us, take a look at our Xerocon London 2022 event partners, and make sure you add them to your list of must-meets on the 20th and 21st of July at Tobacco Dock in London.

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XERO Invoicing Collections Accounts Payable 246

Xero

AUGUST 16, 2022

Xerocon New Orleans is a unique opportunity to hear about the latest news and updates in the Xero community, get inspired by world-class keynote speakers, and connect with powerful apps, tools and services providers from across the accounting and small business industries. Morial Convention Center. GoCardless.

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XERO Invoicing Collections Billing 224

Xero

NOVEMBER 13, 2022

Read on for five tips for Xero partners, shared by Xero partners, that featured in the 2022 quarterly product updates. In new invoicing, discount percentages are calculated automatically, so the calculator isn’t needed. Use repeating invoices for customers who pay a monthly fee. Read more about shortcuts in Xero. .

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XERO Billing Invoicing Accounting 264

Xero

SEPTEMBER 1, 2022

When you’re at Xerocon Sydney on 7 and 8 September, please take the chance to find out about some of the best and most loved apps, tools and services from across the accounting and small business industries. Here’s more about our Xerocon Sydney 2022 event partners. Directly from your customer’s account to yours. GoCardless.

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XERO Invoicing Bookkeeping Collections 52

Xero

SEPTEMBER 7, 2022

And as this inflationary trend continues towards the end of 2022, pressure on small businesses is only going to mount. The good news is that there are a few steps small businesses and their accountants and bookkeepers can take to minimise cash flow risks. . Seasonal slowdowns create cash flow uncertainty.

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XERO Invoicing Bookkeeping Budgeting 246

Xero

JULY 28, 2022

While this was a positive step, one drawback was trying to navigate the longer payment terms of larger organisations and wait for invoices to be paid. Initially we considered an overdraft or bank loan to get us by, then our bookkeeper suggested we apply for invoice finance through Xero. Invoice financing, made simple and beautiful .

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Bookkeeping XERO Invoicing Financial Services 238

Xero

FEBRUARY 15, 2023

Almost every digital interaction produces data: sending an email, downloading an invoice, searching for local suppliers, posting a status update — even turning on your connected car. Or you can use tools like e-invoicing to ease this burden if it’s available in your region. billion in 2022 to $46.6

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XERO Collections Financial Services Invoicing 261

Xero

NOVEMBER 1, 2023

They’re taking on the difficult task of selecting our winners for the 12 accountant, bookkeeper and app partner award categories. She runs a slick operation at de Jong Phillips and is living proof that the future of the accountancy industry can be flexible and inclusive, while still ensuring that excellent client service remains at the core.

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Xero

NOVEMBER 30, 2022

A version of this blog was originally published as part of HubSpot’s ‘State of Partner Ops and Programs 2022’ report – you can read the full report here. . I was excited to be asked to participate in HubSpot’s ‘State of Partner Ops and Programs 2022’ report. Indeed, Xero is a product-led growth company.

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XERO Invoicing Accounting Accounting 246

Xero

NOVEMBER 23, 2022

What an incredible day it was, meeting the more than 750 accountants and bookkeepers who showed up to engage with the community, share their knowledge and expertise. Adopt cloud accounting. While many Singaporean accountants and bookkeepers have already begun riding this wave with their clients, some have yet to take this first step.

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AP Association

MARCH 15, 2022

For any business that regularly receives and pays invoices, the Accounts Payable department is an indispensable component of its transaction cycle. A well-optimised AP department will ensure a business pays its invoices as soon as possible after receiving them and confirming that they are genuine and accurate.

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Accounts Payable Accounts Payable Accounting Accounting 100

Xero

JULY 20, 2022

I’ve really missed the opportunity to connect in person with our amazing accounting, bookkeeping and app partner communities — especially on such a large scale. At Xero, we believe businesses of all sizes should have access to accounting technology, and that’s really been the driving force behind Xero Go. With around 2.6

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Xero

MAY 16, 2022

As of April 2022, businesses below the £85,000 VAT threshold have been required to switch from paper-based records to filing their taxes digitally using HMRC-approved software. . Thankfully, Candice outlines her incredible relationship with her accountant, who has made adapting to this change easy.

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Tax XERO Accounting Software Bookkeeping 227

Nanonets

NOVEMBER 24, 2024

Accounts Payable (AP) automation, a critical area in financial management, is no exception. By the end of this blog, you’ll understand how to code your own AP agent for your own invoice use-case. Accounts Payable (AP) Automation We'll focus on building an AP system in this section. Components of an AP system.

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Accounts Payable Accounts Payable AP Invoicing 52

AP Association

JANUARY 23, 2023

As a result, businesses are increasingly automating their accounts payable process to increase efficiency going into 2023. Read on to find out about the top accounts payable trends for 2023 that are aimed at preparing your AP team for survival in the mid-term and success in the longer term.

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Accounts Payable Accounts Payable AP Accounting 130

Xero

JANUARY 22, 2023

For instance, suppliers to the public sector agencies in Australia are required to spend significant time getting set up on e-invoicing systems, for no easily apparent added benefit to the business. Sending out invoices generated in Word or Excel makes it harder to get at these valuable insights.

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XERO Payroll Invoicing Accounts Payable 246

Xero

MAY 16, 2022

We’ll also explore how the additional benefits of digitisation and cloud-based accounting software can help you run a healthier business. You’ll be affected by the second stage of MTD for VAT, from April 2022. That doesn’t mean you need to do your accounting every day, just make sure you input daily totals when you do.

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Tax XERO Accounting Software Invoicing 233

Xero

AUGUST 30, 2022

It’d be great for your stress levels too, with less worrying about whether you can cover your overheads for the month and none of those awkward phone calls to chase overdue invoices. . A key reason is that most invoices tend to be paid by manual wire transfer or checks. You just send the link to your customer from your Xero account.

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XERO Collections Billing Invoicing 241

AvidXchange

JANUARY 19, 2024

Accounts payable (AP) is a critical function within any business. To make sure your AP department is operating at an optimal level , consider implementing these accounts payable best practices. 1. Enter Invoices Promptly Enter invoice data into your AP system without delay upon receipt.

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Accounts Payable Accounts Payable AP Accounting 104

AvidXchange

MARCH 17, 2025

McKinsey reports that 82% performed a digital payment in 2022 up from 78% in 2021. Accounts payable (AP) automation allows your financial teams to pay bills in a similar, simplified fashion. Cost savings: AP automation software saves more than $7 per invoice on vendor invoice processing. It also reduces labor costs.

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AvidXchange

SEPTEMBER 21, 2023

T h e I n s t i t u t e o f F i n a n c e & M a n a g e m e n t (IOFM) ’ s Finance & Accounting Appreciation Week is September 25-29, 2023. Now’s the time to order treats and circulate cards for your hard-working accounts payable (AP) team. To have an impact. Thirty-five percent took less than half of their P TO.

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AvidXchange

FEBRUARY 9, 2022

The pandemic has added new pressure on accounts payable (AP) departments at community association management groups and homeowner associations (HOAs). They lead to a single directive — do more with less. How are community association management companies (CAMs) faring as they evolve with their industry and move into 2022?

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Accounts Payable Accounts Payable AP Accounting 52

MineralTree

JANUARY 12, 2023

What are Automated Invoice Payments? Automated invoice payments for businesses refer to when a company digitizes the way they pay their vendors. Automated payments help accounts payable (AP) teams quickly pay suppliers and process invoices by streamlining manual, convoluted AP workflows.

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Xero

JULY 18, 2022

Accounting has always been a careful balance of calculations and consulting. Digitalisation and automating your accounting processes can change your business overnight. Digitalisation and automating your accounting processes can change your business overnight. More authentic interaction with clients.

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XERO Bookkeeping Data Entry Invoice Processing 262

AvidXchange

FEBRUARY 7, 2022

Coming off a tumultuous year, the construction industry faces continued pressures, yet the outlook for 2022 is positive. Teams are scattered across locations, many—including project managers and supervisors who handle invoice approvals— are often away from their offices and continuously moving between job sites, making them hard to reach.

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Accounts Payable Accounts Payable AP Invoicing 52

AvidXchange

FEBRUARY 9, 2022

The pandemic fundamentally shook accounts payable (AP) departments in real estate — forcing remote work and, in turn, accelerating the adoption of AP automation. Many real estate stalwarts have an “if ain’t broke, don’t fix it” mentality when it comes to invoices and payments.

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Accounts Payable Accounts Payable AP Accounting 52

AvidXchange

FEBRUARY 11, 2022

Banks’ accounts payable (AP) departments are starting to look a lot different. We’re taking a look at the current state of AP in banks and how key financial services industry trends are predicted to impact the way they manage their invoicing and payments to better serve their business in 2022 and beyond. A lot of work.

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AvidXchange

NOVEMBER 8, 2024

Are accounts payable (AP) professionals happy at work? Stay informed on the go with The AvidXchange Podcast Network, featuring the latest finance and accounting news, trends, and expert interviews. In fact, only 22% of AP pros used all their PTO in 2023, while 32% used less than half. "I have a healthy work-life balance."

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AP Accounts Payable Accounts Payable Invoicing 59

Future Firm

APRIL 4, 2022

Do you want to know how to start a bookkeeping business or accounting firm in 2022? In fact, these are the very steps that I followed to help take my heavily bookkeeping-focused accounting business from scratch to sale in only 5 years. You pick the date that makes the most sense for you and your accounting firm.

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Bookkeeping Bookkeeping Services XERO QuickBooks 98

Counto

FEBRUARY 5, 2024

The GST rate for transactions spanning a rate hike is determined by the payment date or the date of services performed/goods delivered, rather than the invoice date (or posting date in the respect of a reverse charge). How Should GST Adjustments Be Made for Invoices Issued After Full/Partial Performance of Services or Goods Delivery?

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Invoicing Tax Payroll Collections 98

AvidXchange

JANUARY 28, 2022

Using industry reports and data insights, we want to help you take advantage of the opportunities — and overcome the challenges — facing the construction industry in 2022. By converting invoices and payments to digital formats, several initial steps associated with processing are eliminated. The pandemic took that to another level.

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Xero

JULY 21, 2022

This secure online portal allows clients to easily view, download, electronically sign and return documents to their accountant or bookkeeper — all in one secure, accessible place. This fantastic new feature will be available to all our UK accounting and bookkeeping partners in October this year.

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Compleatable

OCTOBER 24, 2023

But this kind of governance is not easy in a school, with such displaced processes and teachers doing what they think is best for their class, and not for the school’s budget or bank account. In this case, supplier invoice processing is a notorious money pit. Touchless invoices.) and the invoice is digital.

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Budgeting Invoicing Invoice Processing Accounting 20

Invoicera

FEBRUARY 5, 2024

Summary Traditional invoicing methods have limitations that hinder business growth. The blog advocates for modern invoicing software to overcome these limitations. Introduction Stuck sending invoices by hand, chasing late payments, and drowning in paperwork? per invoice and takes 10.9 But what if there was a better way?

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