Xero

NOVEMBER 27, 2022

AccountingWeb Live Expo is taking place this week, with a huge number of the amazing accounting and bookkeeping community in attendance to enjoy keynotes, panels and mingling at an incredible two-day event. Here, we break down what we have planned for the event, and why you should come say hello at stand D20. .

XERO 278

XERO Bookkeeping Tax Collections 278

Xero

OCTOBER 25, 2022

The team at EOG Accounting , a solely Xero practice based in North Wales, understands the need to meet business targets, but also to make a positive impact whenever possible. . We speak with Rhys Edwards, founder of EOG Accounting, to learn more. . The EOG team is also involved in one-off events for great causes. .

XERO 246

XERO Accounting Accounting Bookkeeping 246

Xero

FEBRUARY 21, 2023

Accountex – the leading accounting and finance event in the UK and Europe – is heading down under next month for the first time ever. We’re super excited to be a part of the inaugural Accountex Australia event. Read on to learn more about what you can expect from this world-class event – you won’t want to miss it.

XERO 264

XERO Payroll Collections Invoicing 264

Xero

SEPTEMBER 8, 2022

A public blockchain is like a universal accounting ledger where all parties transacting in the ecosystem have agreed to use the same transparent reporting standards across all entities. Accountants would be able to see transactions in real time and verify records via a trusted audit trail.” .

XERO 264

XERO Computation Collections Tax 264

Accounting Tools

AUGUST 7, 2023

Related Courses Accountants' Guidebook GAAP Guidebook What is a Subsequent Event? A subsequent event is an event that occurs after a reporting period, but before the financial statements for that period have been issued or are available to be issued. The two types of subsequent events are noted below.

Financial Statements 75

Financial Statements Collections Invoicing Accounting 75

Xero

JULY 7, 2022

We surveyed 171 accountants and bookkeepers – with a collective clientele of about 6,000 small businesses – to learn how ecommerce was changing business ownership. 7 in 10 experts say owners of online businesses stand to lose less in the event of failure. Failure isn’t quite so daunting. Net profit margins are higher.

XERO 237

XERO Bookkeeping Collections Accounting 237

Gaviti

DECEMBER 18, 2024

The financial industry is experiencing a technological transformation that is reshaping accounts receivable management. These advanced technologies are now seamlessly integrated into accounts receivable reporting software, playing a crucial role in optimizing A/R processes, boosting efficiency, and improving overall cash flow for businesses.

Accounts Receivable 52

Accounts Receivable Account Receivables Accounts Receivable Collections 52

Gaviti

FEBRUARY 27, 2025

While there are many conferences for finance professionals , there are no conferences exclusively dedicated to Accounts Receivable (A/R), several events heavily feature this topic, attracting numerous A/R professionals. Plus, these events provide opportunities to network, learn and innovate.

Accounts Receivable 66

Accounts Receivable Account Receivables Accounts Receivable Invoicing 66

Xero

JULY 28, 2022

Xero recently hosted Xerocon London , one of the most anticipated events on the calendar for cloud accounting leaders. We were excited to reconnect with more than 2,000 accounting and bookkeeping partners and share the latest product developments across Xero. Find out more about becoming a Xero app partner here.

XERO 264

XERO Bookkeeping Reconciling Collections 264

Xero

JANUARY 16, 2023

At Xero, we take pride not just in the work that we do every day to help accountants, bookkeepers and small businesses around the world, but also in how we try to create a workplace culture where our people love coming to work each day. This is why we’re incredibly proud to now be certified as a Great Place to Work here in Canada.

XERO 259

XERO Account Bookkeeping Collections Bookkeeping 259

Billing Platform

SEPTEMBER 25, 2023

Consisting of a series of steps, the accounts receivable process refers to the money owed to a business for the purchase and delivery of goods or services. Accounts receivable (AR) provides the critical link between making the sale and receiving payment. If the internal review of the invoice checks out, the collections outreach begins.

Accounts Receivable 90

Accounts Receivable Account Receivables Accounts Receivable AR 90

Accounting Tools

MAY 10, 2024

What are Post Balance Sheet Events? A post balance sheet event is something that occurs after a reporting period , but before the financial statements for that period have been issued or are available to be issued. An event provides new information about conditions that did not exist as of the balance sheet date.

Financial Statements 40

Financial Statements Collections Invoicing Accounting 40

Accounting Tools

OCTOBER 28, 2023

Related Courses Accounting for Leases What is a Lease? The lessor will probably collect the lease payments, as well as any additional amount needed to satisfy the residual value guarantee. Adjust the balance of the net investment in the lease by adding interest income and subtracting any lease payments collected during the period.

Accounting 75

Accounting Accounting Collections 75

Gaviti

SEPTEMBER 2, 2024

This is especially true when it comes to scaling collections. In the past, this was done by hiring more team members to manage ERP dunning emails or collections calls. But now, there is more data available that can be used to streamline and improve A/R collections management. What are ERP Dunning Emails? Simple automation.

Collections 52

Collections Invoicing Invoice Processing Financial Records 52

Gaviti

SEPTEMBER 2, 2024

This is especially true when it comes to scaling collections. In the past, this was done by hiring more team members to manage ERP dunning emails or collections calls. But now, there is more data available that can be used to streamline and improve A/R collections management. What are ERP Dunning Emails? Simple automation.

Collections 52

Collections Invoicing Invoice Processing Financial Records 52

Accounting Tools

JULY 25, 2023

Related Courses Sales and Use Tax Accounting Overview of Sales Taxes Customers must be charged a sales tax on some sales transactions if the seller has nexus in the territory of the government entity that charges the tax. This remittance may take place before the customer has paid the related invoice.

Tax 74

Tax Accounting Accounting Accounts Receivable 74

Gaviti

FEBRUARY 17, 2024

Since your company’s ability to get paid quickly directly impacts your cash flow, it’s important that you have a strategy for both your accounts receivable management to encourage the timely payment of invoices. For some customers, however, you’ll need another strategy altogether for collecting unpaid and overdue invoices: debt collection.

Collections 52

Collections Accounts Receivable Account Receivables Accounts Receivable 52

Accounting Tools

MARCH 28, 2023

Related Courses Accounting for Leases How to Account for an Operating Lease The accounting for an operating lease assumes that the lessor owns the leased asset, and the lessee has obtained the use of the underlying asset only for a fixed period of time.

Accounting 75

Accounting Accounting Collections 75

Invoicera

JANUARY 19, 2025

Statistics say that in 2023 alone, the global accounts receivable automation market was valued at $3.81 Managing your business Accounts receivable and payable is tough! One of the core benefits of automating accounts payable and accounts receivable is that it reduces the time spent on reactive tasks and saves time and cost.

Accounts Receivable 40

Accounts Receivable Account Receivables Accounts Receivable AR 40

oAppsNet

JANUARY 7, 2025

A Closer Look at DSO Days Sales Outstanding is a number that shows the average time it takes to collect payment on invoices. Still, the core idea remains the same: you want to collect money as soon as possible so your business can function without worry. You also find out the total of your accounts receivable at the end of that period.

Billing 40

Billing Invoicing Accounts Receivable Account Receivables 40

Intuit

AUGUST 30, 2023

Small Business Tax Preparation Checklist for Accountants Having an accessible tax preparation checklist is a best practice for accountants. Gather the Necessary Financial Documents It’s time to start collecting the required documents. Sharing makes it simple to exchange vital documents and make fast adjustments.

Tax 130

Tax Accounting Accounting CPA 130

Cloud Accounting Podcast

MARCH 25, 2025

Blake and David dive straight into the headlines, starting with the controversial IRS workforce cuts and their potential impact on tax collections. 87 - How to Use AI to Analyze Data and Draft Financial Reports in Minutes [link] Earmarks Screening of The Accountant 2 [link] Need CPE? Need Accounting Conference Info?

Financial Reporting 40

Financial Reporting Payroll Collections Tax 40

AvidXchange

JULY 22, 2021

In corporate financial departments, and throughout accounts payable (AP) managers’ homes, and just about everywhere, people are enjoying the Summer Olympics in Tokyo. Not coincidentally, a similar and concurrent rise in Olympics enthusiasm is buzzing in business and technological innovation hubs all over the accounts payable (AP) arena.

Accounts Payable 40

Accounts Payable Accounts Payable AP Data Entry 40

Xero

AUGUST 19, 2024

Our accounting team, who told us about the fund, gave us the kick up the pants we needed to finally put our application through,” Dan joked. “We Every piece of trash we collect will be weighed, categorised and sorted, with the data summarised into a digital report,” Dan explained.

XERO 246

XERO Collections Accounting Accounting 246

Accounting Tools

FEBRUARY 13, 2024

This journal entry needs to record three events, which are the recordation of a sale , the recordation of a reduction in the inventory that has been sold to the customer, and the recordation of a sales tax liability. The revenue account is increased to record the sale. What is the Sales Journal Entry? credit] Revenue.

Accounts Receivable 98

Accounts Receivable Account Receivables Accounts Receivable Tax 98

Gaviti

JANUARY 10, 2023

Stress testing is a technique used by financial institutions to determine how they would fare financially in the event of an economic downturn or another emergency. Scenario-based planning is a method of cash flow management that focuses on preparing for future events. Accounts payable aging. Current accounts receivable.

Budgeting 98

Budgeting Accounts Receivable Account Receivables Accounts Receivable 98

Accounting Tools

APRIL 29, 2023

Related Courses Accounting for Leases What is a Leveraged Lease? In this situation, the lender holds title to the leased asset, while all lessee payments are collected by the lessor and passed to the lender. The lender can repossess the asset in the event of a lessee payment default.

Collections 74

Collections Tax Accounting Accounting 74

AvidXchange

OCTOBER 13, 2023

From fielding resident concerns to handling accounting and legal matters to ensuring the maintenance of amenities and much more. Digital platforms provide a convenient avenue for addressing homeowner concerns, disseminating information and collecting feedback. Community association managers have many responsibilities.

AP 105

AP Collections Accounting Accounting 105

Gaviti

APRIL 18, 2024

As an assessment and diagnostic tool, it’s hard to overstate the importance of your company’s accounts receivable (AR) collections aging report. As an assessment and diagnostic tool, it’s hard to overstate the importance of your company’s accounts receivable (A/R) aging report. What Is an Accounts Receivable Aging Report?

Accounts Receivable 52

Accounts Receivable Account Receivables Accounts Receivable AR Collections 52

Accounting Tools

OCTOBER 23, 2023

In essence, the term implies that an individual is tasked with the most common ongoing accounting transactions; more complex transactions are reserved for those with more advanced accounting training. Types of Bookkeeping Activities A bookkeeper is usually involved in the general accounting areas noted below.

Bookkeeping 75

Bookkeeping Financial Statements Payroll Deposits 75

Nanonets

MAY 21, 2024

Accounts receivable reconciliation is a crucial process within accounting and financial management practices undertaken regularly by a business. As transactions with customers and clients occur, businesses generate accounts receivable, which represent amounts owed to them for goods and services sold or rendered.

Accounts Receivable 52

Accounts Receivable Account Receivables Accounts Receivable General Ledger 52

Blake Oliver

JANUARY 10, 2024

This article summarizes Zak’s insights from my recent Earmark Podcast interview to provide accountants and tax professionals with key guidance. You should also: Maintain separate bank accounts and credit cards exclusively for gambling activity. It does not account for any losses incurred.

Tax 80

Tax Accounting Accounting Record Keeping 80

Invoicera

NOVEMBER 13, 2024

Trust Accounting : Essential for handling client funds with care. Trust accounting is streamlined, too, with trust account balances visible right on your invoices. Invoicera Invoicera lets law firms track billable hours with surgical precision, ensuring every minute spent is accounted for.

Invoicing 52

Invoicing Billing Collections AR 52

Gaviti

JULY 18, 2024

Accountants can also easily integrate short-term projections into long-term cash flow forecasts. Additionally, it allows accountants to ascertain whether they need to adjust credit strategies. Gathering data over longer periods may require cross-collaboration with teams and even manual data collection. Lack of historic data.

Invoicing 95

Invoicing Accounts Receivable Account Receivables Accounts Receivable 95

Atlassian

FEBRUARY 3, 2022

A failed campaign, a lost client, a canceled project, a service outage… setbacks like these take a toll on your team’s collective confidence. Other setbacks come as a single, momentary event where there is no task at hand to complete. It’s still a deposit in your team’s emotional bank account. Treat the failure as temporary.

Collections 116

Collections Deposits Customer Service Accounting 116

Future Firm

AUGUST 22, 2022

Looking for the best accounting practice management software for your firm? Good news, because this is the ULTIMATE accounting practice management software round-up post. Get to know the top accounting practice management software and why it is essential for your business. The Basics of Accounting Practice Management Software.

Accounting 105

Accounting Accounting QuickBooks Accounting Software 105

Gaviti

DECEMBER 12, 2023

Accounts payable teams also refer to this as the net operating cash cycle or just “the cash cycle.” When businesses waste resources and the accounts receivable departments drag their feet on securing payments, they tend to experience longer cash conversion cycles.

Accounts Receivable 98

Accounts Receivable Account Receivables Accounts Receivable Invoicing 98