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What’s new in Xero – September 2024

Xero

This allows for more precise tracking and more accurate leave accruals. The post What’s new in Xero – September 2024 appeared first on Xero Blog. You can now specify a work pattern of up to two weeks in length for employees, which gives you more flexibility in defining their working hours.

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Better off on Xero: Steps to process and finalise payroll

Xero

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. If these pay runs are to be reported in FY24, don’t forget that you’ll need to make sure the payment date is on or before 30 June 2024.

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Top Remote Accounting Candidates for Hire | November 21, 2024

accountingfly

The post Top Remote Accounting Candidates for Hire | November 21, 2024 appeared first on Accountingfly. Sign up now to check out Top Candidates.

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Twelve Months of New Features: a 2023 Recap

Compleatable

In July there were two important updates: users with the line level matching feature enabled can now see line matching status in accruals, open orders and committed spend reports. We also added custom fields into accruals, committed spend and open orders reports- these previously only included cached analysis fields.

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Twelve Months of New Features: a 2023 Recap

Compleatable

In July there were two important updates: users with the line level matching feature enabled can now see line matching status in accruals, open orders and committed spend reports. We also added custom fields into accruals, committed spend and open orders reports- these previously only included cached analysis fields.

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QB Talks March | Revenue Recognition in QBO | Archives

Insightful Accountant

In QB Talks on March 20, 2024, Alicia Katz Pollock demonstrated QBO Advanced’s latest feature, Revenue Recognition. Accrual-based companies will love the ability to automatically schedule Deferred Revenue transactions.

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Speedway Motorsports Discovers the Horsepower of AvidXchange’s Accounts Payable (AP) Automation Software

AvidXchange

Accruals in particular posed a hurdle, requiring a day and a half to gather data via paper purchase orders (POs). The accrual process is really one of the heavier, more labor-intensive processes during month-end close. In addition, Speedway Motorsports has shortened its month-end PO accrual process from a day and a half to 30 minutes.