Remove 2022 Remove Auditing Remove Computation
article thumbnail

Latest product news — July 2022

Xero

Organisations on a flat rate scheme can now add non-posting adjustments to boxes in the VAT return and access a new VAT audit report, Non-Posting adjustments by VAT box. You’re now able to see backing computations, which are a detailed breakdown of figures that make up the company tax return (CT600) in Xero Tax. Company accounts tax.

XERO 279
article thumbnail

Three key takeaways from our Xerocon Sydney blockchain session

Xero

Records can be encrypted and distributed across multiple computers, removing the ‘single point of weakness’ risk, and making them immutable and resistant to fraud. . Transactions that take place on a public blockchain are time-stamped and transparent, which creates a clear audit trail for all to see.

XERO 264
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Create a 2022 Budget Faster and More Efficiently

AvidXchange

Here are four tips for speeding up your 2022 budget process: 1. USE CLOUD-BASED BUDGETING SOFTWARE A popular tool for budgeting is performance management or budgeting software powered by cloud computing. The process includes negotiating and securing all necessary buy-ins and approvals. Many companies take even longer.

article thumbnail

How to Apply for Halal Certification: A Comprehensive Guide for SMEs

Counto

It was recently updated on 14 March 2022 to include features like auto-renewal submissions and an offline payment process, enhancing the overall user experience. Certification Audit and Ongoing Inspections Post-application submission and fee payment, a certification audit will be conducted at your premises by MUIS.

article thumbnail

The top 10 audit automation software

Nanonets

Over the years, the auditing landscape has undergone remarkable transformations, and among the most significant advancements has been the advent of audit automation software solutions. Computer-Assisted Audit Tools and Techniques (CAATTs) have been available to auditors since the early 1990s.

article thumbnail

Simplify & Succeed: Key Invoicing Features For Business Growth

Invoicera

Expense Tracking & Integration Modern invoicing software integrates seamlessly with expense management tools , letting you capture and categorize expenses directly at the source on your phone or computer. 81% of consumers crave more self-service options, as the 2022 Digital-First Customer Experience Report revealed.

article thumbnail

7 Ways You Can Use ChatGPT in Accounting to Achieve Results

Nanonets

With ChatGPT, accountants can use computer-aided automation to streamline tasks and processes, leaving more time for analysis and insights. While necessary, audits may be a significant drain on resources. ChatGPT is the technology that will revolutionize the accounting field, making it faster and more efficient than ever before.