Xero

SEPTEMBER 25, 2023

Manually setting up direct debits, chasing payers and reconciling payments across multiple systems is time-consuming. The two work easily together: once a payment is made, it is reconciled within their accounting system by simply clicking one button. They integrated GoCardless through their Xero account.

XERO 264

XERO Reconciling Accounting Accounting 264

Xero

MAY 24, 2023

This means you can reconcile multiple records faster while minimising errors in manual data entry. EOFY 2023). Now, when you complete the transaction details under the ‘Create’ tab, Xero will populate similar transactions with the same information – without needing to refresh your screen.

XERO 278

XERO Bank Reconciliation Data Entry Reconciling 278

Xero

NOVEMBER 30, 2022

This will help you manage your tax obligations, while streamlining the process of reconciling Shopify sales with payouts. The GST rate for Singapore businesses will increase from 7% to 8% on 1 January 2023. There will be some changes to tax rates of imported low-value goods and remote services that will apply from 1 January 2023.

XERO 246

XERO Payroll Bank Reconciliation Invoicing 246

Xero

MAY 13, 2024

Post and file any pay runs for the 2023/2024 financial year Any pay runs with a payment date in this financial year will need to be posted and filed before you complete your employees’ STP finalisation. Use the Account Transactions report to identify any transactions that may have been incorrectly reconciled against your Expense Accounts.

XERO 261

XERO Payroll General Ledger Reconciling 261

Xero

JUNE 18, 2023

We’re pleased to announce that new practices who joined the Xero partner program after 6 March 2023, and those who have only ever used Xero HQ, can now enjoy a single client record. That’s why we’re building a tool to help you reconcile your existing data into one single client record.

XERO 246

XERO Reconciling Bookkeeping Billing 246

Xero

AUGUST 21, 2023

This early version is designed for clients who primarily invoice for goods and services in Xero, operate across multiple jurisdictions, and have a mix of taxable, non-taxable, and exempt goods.

XERO 246

XERO Invoicing Reconciling Tax 246

Xero

SEPTEMBER 7, 2022

We shared the first phase of this new feature — employee records — and explained how it will help you identify, audit, and reconcile your clients’ payroll quickly and accurately. . It was great to share all the ways we’re supporting you as you prepare to make the switch to new reports before the older versions are retired on 31 July 2023.

XERO 264

XERO Payroll General Ledger Bank Reconciliation 264

AvidXchange

NOVEMBER 15, 2024

In fact, the United States Postal Service (USPS) issued a warning in 2023 urging Americans to stop mailing checks unless they’re dropped off inside the post office because of rising check fraud. Businesses can get paid faster with ePayments. Additionally, ePayments can be more reliable and secure, making them appealing to businesses.

Deposits 52

Deposits Invoicing Reconciling Collections 52

CapActix

APRIL 30, 2023

Keep on Reconciling When a human is inserting information into the machine, there is a very high chance that an error might occur. Thus, if you want to remove errors from your QuickBooks entries, you have to constantly reconcile transactions, bank accounts, and other details. or can call on +201-778-0509.

QuickBooks 98

QuickBooks Reconciling Accounting Software Invoicing 98

Future Firm

MAY 24, 2023

Here is my complete guide to emerging accounting technologies for 2023. Thanks to mobile devices, there’s a variety of accounting tasks that you can handle, from reconciling your books, to invoicing, to processing expense reports, and more. The post Accounting Technologies: The 2023 Annual Guide appeared first on Future Firm.

Accounting 98

Accounting Accounting Computation XERO 98

Reconciled Solutions

AUGUST 22, 2023

The FedNow Service (an instant payment infrastructure developed by the Federal Reserve) went live on July 20, 2023. The post Get paid almost instantly with FedNow appeared first on Reconciled Solutions. It allows US financial institutions to provide safe and quick (think “seconds”) payment services.

Reconciling 90

Reconciling 90

Ace Cloud Hosting

NOVEMBER 6, 2023

Are you tired of manually tracking your inventory and reconciling it with your QuickBooks account? Look no further, as we present to you the best inventory software integrations for QuickBooks.

QuickBooks 81

QuickBooks Reconciling Accounting Accounting 81

Reconciled Solutions

OCTOBER 14, 2023

I recently attended ProfitCon 2023 in New Jersey, and as I do every year, I left feeling uplifted and reinvigorated. The post How Profit First transformed my business and personal life appeared first on Reconciled Solutions. Gathering with other Profit First.

Reconciling 82

Reconciling 82

Xero

OCTOBER 9, 2023

To make the transition as seamless as possible, we’re providing specific instructions (and – in the coming weeks – a tool) to help you choose the correct record for each client and reconcile it into one single client record. What are the steps involved in moving to a single client record? What will happen to the existing client sync tool?

XERO 264

XERO Tax Reconciling Accounting 264

AvidXchange

DECEMBER 4, 2023

Businesses prefer RTPs because they accelerate cash flow and reduce the administrative burden of collecting and reconciling payments. How Do Real-Time Payments Work? We found that 49% of organizations used real-time payments to pay suppliers and vendors in 2023. It launched in July 2023.

Collections 105

Collections Reconciling Invoicing Accounting 105

Outsourced Bookeeping

OCTOBER 5, 2023

The process carried out by companies and individuals alike to reconcile both credit card statements with internal records, like your receipts, invoices, etc., The 2023 Guide to Credit Card Reconciliation Collecting Documentation: The first step would be to gather all relevant documentation. is called credit card reconciliation.

Outsourced Bookkeeping 52

Outsourced Bookkeeping Reconciling Bookkeeping Financial Software 52

CapActix

NOVEMBER 11, 2022

Keep on Reconciling When a human is inserting information into the machine, there are very high chances that error might occur. Thus, if you want to remove errors from your QuickBooks entries, you have to constantly reconcile transactions, bank account, and other details. or can call on +201-778-0509.

QuickBooks 52

QuickBooks Reconciling Bookkeeping Services Accounting Software 52

Less Accounting

DECEMBER 1, 2023

Wrap 2023 Up in a Bow: Here's Your Year-End Accounting Checklist As you wrap up gifts for loved ones, you might be considering what else needs to be done to wrap up your business for the year. Reconcile Accounts You won’t get far if your books aren’t up to date.

Accounting 105

Accounting Accounting Bookkeeping Budgeting 105

Nanonets

JULY 21, 2023

Once approved, the reconciled data is securely stored in a centralized database, ensuring an auditable trail. It quickly matches cash outgoings and receipts, reconciles bank accounts with accounting records, and verifies totals against balance sheets, cash flow statements, and income statements.

General Ledger 52

General Ledger Account Reconciliation Reconciling Financial Reporting 52

Jetpack Workflow

FEBRUARY 23, 2023

It links different apps, such as invoicing tools, expense tracking software, and financial dashboards, to automate tasks like creating invoices, reconciling accounts, managing payroll and project deadlines, and much more. The software automatically reconciles all transactions between two sets of records (e.g.,

Bank Reconciliation 52

Bank Reconciliation Data Entry Accounting Accounting 52

Nanonets

MARCH 20, 2023

Reconciling all transactions. cloud storage services (Drive, Dropbox, email, etc.), and databases (MySQL, PostGres, MSSQL, etc.) Categorizing and coding transactions based on business rules. Setting up automated approval workflows to get internal approvals and manage exceptions.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

Billah and Associates

JANUARY 27, 2021

Corporate tax return filings are due 6 months after the year-end For eg, a December 31, 2022 year-end would have a June 30, 2023, due date. Note Down These Important Dates for Corporate Income Tax 2023: RRSP Contribution Deadline : The deadline for contributions toward the 2022 tax year must be made before March 1, 2023.

Tax 52

Tax Corporation Tax Financial Statements Bookkeeping 52

MineralTree

JUNE 29, 2023

According to KPMG, 71% of global companies say that the cost of raw material is their top supply chain threat for 2023. As a result, inflation is one of the biggest challenges CFOs will face in 2023. Unfortunately, today’s volatile supply chain has made it more difficult and expensive for companies to secure goods in a timely manner.

Vendor Management 76

Vendor Management AP Accounts Payable Accounts Payable 76

Nanonets

JUNE 22, 2023

Whether you are a small business or a large enterprise, reconciling invoices is an essential process to ensure accuracy, identify discrepancies, and maintain strong financial controls. billion in 2023 to $3.40 When invoices are reconciled, businesses can confidently communicate with their partners, demonstrating transparency and trust.

Invoicing 52

Invoicing Reconciling General Ledger Data Entry 52

Nanonets

JUNE 29, 2023

Top features: Real-time feeds on existing credit cards Reimburses employees on time with ACH payments Pros: Real-time credit card reconciliations for cards like Visa, Mastercard, AmEx, etc.

Expense Reports 52

Expense Reports Data Entry Invoicing Budgeting 52

Nanonets

JULY 11, 2023

Starting from automating the capture of data to transfer and finally running analytics on top of it - this is the biggest automation trend in 2023. They are now turning to digital automation tools to gather intelligence from these untapped sources of data that was until now lying dormant. They say Information is advantage.

Purchase Order 40

Purchase Order Data Entry Accounts Payable Accounts Payable 40

Nanonets

MAY 31, 2023

This process is also time-consuming, as tasks like reconciling accounts, generating reports, and conducting financial analysis require several manhours. Further, the aggregate potential cost savings for banks from AI applications is estimated at $447 billion by 2023. Use cases of AI in finance.

Data Entry 122

Data Entry Financial Operations Financial Operations Bookkeeping 122

AvidXchange

AUGUST 23, 2024

| Examples of AP Automation | Advantages of AP Automation Ninety-four percent of accounts payable (AP) professionals would use a tool to automate the most repetitive parts of their job according to our 2023 AP Career Satisfaction Survey.

AP 52

AP Accounts Payable Accounts Payable Data Entry 52

Nanonets

APRIL 24, 2024

billion in 2023 to $3.40   Payment reconciliation software tools are designed to automate and streamline the process of matching and reconciling financial transactions within a business.   Not surprisingly, Fortune Business Insights reports that the global reconciliation software market is projected to grow from $1.28

Reconciling 52

Reconciling Invoicing Bank Reconciliation XERO 52

AvidXchange

OCTOBER 16, 2023

In 2023, I’m getting paid for services rendered in 2020 and 2021. Reconciling my books faster is such a relief.” Though he works with a bookkeeper who handles his finances, outstanding invoices sometimes weigh heavy on his mind. “In That’s a long time to think about those jobs and have them on the books.”

Invoicing 52

Invoicing AR Accounts Receivable Account Receivables 52

AvidXchange

MARCH 28, 2023

McCoy can also take advantage of the export function to easily reconcile invoice and payment data. Thanks to the supplier portal, she has real-time visibility into incoming funds with all the invoices she tracks and payment statuses located in one central place.

AR 52

AR Accounts Receivable Account Receivables Accounts Receivable 52

Nanonets

NOVEMBER 30, 2023

  Reconcile payments and accounts payable balances to the general ledger.    Benefits:  AP automation systems automatically reconcile payments and accounts payable balances. Businesses using best practices in accounts payable processes and accounting gain a substantial competitive advantage. 

Accounts Payable 52

Accounts Payable Accounts Payable AP Purchase Order 52

SSI Healthcare Rev Cycle Solutions

SEPTEMBER 25, 2023

Navigating Change: Top Reasons Hospitals are Switching Healthcare Clearinghouse Vendors Home / September 25, 2023 In the intricate and increasingly digital world of healthcare, clearinghouses play a pivotal role. check them for errors, and submit them to appropriate payers or insurance companies.

Revenue Cycle 59

Revenue Cycle Revenue Cycle Management Billing Reconciling 59

Nanonets

SEPTEMBER 17, 2024

Accounting: For companies, bank statements are crucial for reconciling accounts and ensuring accurate financial records. This simplifies the bank statement verification process and also helps reconcile them faster. Look for data entry errors on the bank statement.

Reconciling 52

Reconciling Deposits Data Entry Computation 52

AvidXchange

APRIL 14, 2023

Make sure to reconcile your check register with your banking statements regularly. 3 Business Trends Impacting Accounts Receivable Departments Owners of businesses big and small face an uncertain economic future as a potential recession looms in 2023. Check Safety Use dark ink and gel-based pens whenever possible.

Deposits 52

Deposits AR Accounts Receivable Account Receivables 52

SSI Healthcare Rev Cycle Solutions

SEPTEMBER 25, 2023

Navigating Change: Top Reasons Hospitals are Switching Healthcare Clearinghouse Vendors Home / September 25, 2023 In the intricate and increasingly digital world of healthcare, clearinghouses play a pivotal role. check them for errors, and submit them to appropriate payers or insurance companies.

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Billing AR 52

NextProcess

JANUARY 19, 2023

You’ll also have a much easier time reconciling spend with statements at the end of each month since you’ll have access to all the related data. If you base a T&E budget on travel in 2020 and 2021, for example, you’d likely underestimate how much travel employees will be doing in 2023 and 2024.

Expense Reports 52

Expense Reports Collections Budgeting Auditing 52