Fidesic blog

FEBRUARY 3, 2025

If you are an accounts payable accountant, were sharing these eight differences between Business Central and GP with you in mind. While this is more advanced than GPs native workflow system, most companies with high invoice volume use a third-party Accounts Payable app for more robust processing capabilities.

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oAppsNet

DECEMBER 3, 2024

Accounts payable (AP) is an essential part of any business. However, without proper oversight, the accounts payable process can be vulnerable to errors, fraud, and inefficiencies. This is where an accounts payable audit becomes crucial. What Is an Accounts Payable Audit?

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AP Association

SEPTEMBER 6, 2022

Accounts payable is an essential component of any small business's accounting processes. Your business's accounts payable department maintains a record of all the money you owe to suppliers and other creditors. Errors in your accounts payable can give you a false picture of your current cash flow.

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AP Association

SEPTEMBER 1, 2022

An accurate and reliable system of monitoring accounts payable gives you a clear picture of your income and expenditure, enabling better business decisions to be made. Accounts payable includes all of your company's expenses, except for the payroll. What does accounts payable mean?

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AP Association

JUNE 28, 2022

The role of accounts payable staff has changed significantly over the past two decades as technology has continued to play an ever-increasing part in day-to-day duties. As more aspects of AP processes are taken over by technology, the question is, what is the future of accounts payable?

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Compleatable

JANUARY 20, 2025

Purchase Invoice Management Software is increasingly becoming an essential tool for businesses aiming to streamline their purchasing and accounts payable processes. This tight integration ensures that the accounting books are always up to date without the need for double handling of data.

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Compleatable

MARCH 31, 2023

Automating the accounts payable process can bring numerous benefits to organizations of all sizes, including increased efficiency, improved accuracy, and reduced costs. In this blog post, we will discuss these benefits in more detail and explain how automating accounts payable can help your business save time and money.

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Cevinio

OCTOBER 31, 2023

The advantages of electronic invoicing for accounts payable Governments around the world continue to encourage digitization and push companies towards adopting financial technologies such as electronic invoicing, or e-invoicing. Enhanced Compliance Accounts payable teams have a lot of rules and regulations that they must comply with.

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Intuit

SEPTEMBER 9, 2024

Skilled in all aspects of bookkeeping, including accounts payable/receivable, bank reconciliations, payroll processing, and financial reporting. Processed accounts payable and receivable, ensuring timely payments and collections. Prepared and submitted payroll taxes accurately and on time.

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SAP Accounts Payable

DECEMBER 31, 2022

It’s time to present the next Remote Function Adapters (RFA) delivered by SAP Profitability and Performance Management (PaPM), namely the RFA Finance Accounts Payable (RFA FI-AP) and RFA Finance Accounts Receivable (RFA FI-AR). Configuration of RFA Finance Accounts Payable and RFA Finance Account Receivable.

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Intuit

AUGUST 30, 2024

For example, there might be a bucket for income received (sales), another for money spent on supplies (expenses), and accounts for things like cash on hand, money owed to you by customers (accounts receivable), and money you owe to vendors (accounts payable). Looking for an accounting or bookkeeping job?

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Xero

AUGUST 7, 2024

BILL allows you to automate accounts payable and accounts receivable processes, while directly syncing all payment actions back to Xero for you. Avalara Avalara helps businesses of all sizes get tax compliance right, no matter where in the world they run their business.

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Accounting Tools

OCTOBER 20, 2023

Accounts receivable are the amounts owed to a company by its customers. What is Accounts Payable? Accounts payable are the amounts that a company owes to its suppliers. Payables are only created when purchases are made on credit. Receivables are only created when sales are made on credit.

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Xero

NOVEMBER 21, 2022

We’re incredibly excited to share that Baker Tilly Canada has achieved Xero’s Platinum Partner status, which demonstrates the audit, tax and advisory network is helping to lead the way with the future of cloud accounting in Canada.

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Intuit

SEPTEMBER 17, 2024

It simplifies the overall payroll process with integrated time-tracking features and helps businesses stay compliant by improving accuracy with automated payroll tax calculations, deductions, and filings, and will soon detect anomalies with AI to catch errors.

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Nanonets

FEBRUARY 1, 2024

In the rapidly evolving business landscape, the efficiency of Accounts Payable (AP) processes is no longer just a back-office concern but a strategic imperative. Accounts Payable (AP) automation is the use of technology to streamline and improve the process of managing a company's bills and payments owed to others.

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Xero

MAY 9, 2022

We’re thrilled to announce Baker Tilly RSG as the first platinum partner in the Baker Tilly (BT) Canada Network, one of the country’s largest independent accounting networks, and also the first platinum partner in the Edmonton region. . Which in the end will result in our clients being empowered to grow their business.”.

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MineralTree

OCTOBER 19, 2023

Accounts payable (AP) is a critical business function, responsible for protecting cash flow, maintaining good relationships with vendors, and ensuring compliance with financial regulations. What Are the Types of Accounts Payable Software? 1 digital transformation priority for finance leaders.

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oAppsNet

SEPTEMBER 3, 2024

The world of finance is continuously evolving, and the accounts payable (AP) process is no exception. In 2024, several key trends will shape how companies manage their accounts payable. The Rise of Automation in Accounts Payable Automation is revolutionizing the accounts payable process in unprecedented ways.

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AvidXchange

AUGUST 9, 2024

As organizations increasingly focus on digital transformation, many are turning to a paperless accounts payable process. Learn the benefits of adopting accounts payable automation processes and eliminating paper from the AP workflow. What is the Accounts Payable Process?

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Xero

JUNE 16, 2022

Complex approval processes can hold up your accounts payable and receivable. It even includes industry-specific capabilities for certain sectors, like calculating wine equalisation tax (WET) for wine makers. Streamline your workflow by automating your financial approval processes. So, how can you make this better in FY23?

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Outsourced Bookeeping

DECEMBER 19, 2024

The sources and uses of cash are accounts payable and accounts receivable, and proper management of the two functions keeps the business financially fit and able to meet its obligations as and when due. The Importance of Accurate Accounts Payable and Receivable Tracking Why AP and AR Control is Important?

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Invoicera

APRIL 28, 2024

Too many unpaid bills or Accounts Payable can weigh a company down and eat its profits. And on average, 48% of businesses make 68% fewer profits because of issues with unattended accounts payable. Let’s begin by understanding a little about accounts payable. What Are Accounts Payable?

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Xero

JANUARY 22, 2023

The push towards digital compliance from governments around the world With programs like the UK’s Making Tax Digital, Single Touch Payroll in Australia, and a move in New Zealand towards increasing digitalisation through the Inland Revenue Department, small businesses are increasingly being compelled to transition from old analog processes.

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NextProcess

JANUARY 12, 2024

10 Best Practices that Impact Accounts Payable Automation All around the world, mistakes happen in accounts payable departments every day. Since the accounts payable department handles money leaving the company, mistakes that happen here mean companies are losing money. But sometimes, errors can be costly.

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oAppsNet

OCTOBER 22, 2024

Accounts Payable (AP) is a critical business function. However, with technological advancements and changing business environments, the accounts payable landscape is rapidly evolving. However, with technological advancements and changing business environments, the accounts payable landscape is rapidly evolving.

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Nolan Accounting Center

JANUARY 15, 2025

Cash inflows are essential to pay for daily business operations, including paying employees, normal operating expenses, purchasing inventory, and paying taxes. They assist with the management and interpretation of financial statements and help with the processes and tools that can streamline accounts receivable.

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Nanonets

NOVEMBER 14, 2023

  This guide delves into the best practices of managing international accounts payables, from traditional payment methods to automation solutions.   What are International Accounts Payable? International accounts payable encompass all foreign supplier bills that are invoiced but not yet paid.

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Counto

DECEMBER 7, 2024

Only Checking Financial Statements Annually Why This Happens: Many SMEs in Singapore only review financial statements once a year, often because they feel its only necessary during tax season or after a year has passed. Example: John, a bakery owner in Singapore, only looks at his financials when his accountant sends them for tax season.

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Nanonets

NOVEMBER 15, 2023

Switching to paperless  accounts payable  is intimidating. Based on the numbers, it is evident that a transition to a paperless accounts payable system is necessary. Could adopting a paperless accounts payable process be the solution? What are paperless accounts payable?

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AvidXchange

DECEMBER 20, 2024

Tax season is a busy time for finance departments. Creating 1099 reporting is one task that can take less time with accounts payable (AP) automation. According to H&R Block , a 1099 is a tax form used in the United States to report various types of income that are not wages, salaries, or tips.

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Nanonets

NOVEMBER 30, 2023

Companies that establish accounts payable best practices increase the visibility of information, reduce their invoice processing time, save money, strengthen internal controls and cash flow management, reduce fraud and errors, and improve vendor relationships. Accounts payable best practices are a subset of accounting best practices.

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Accounting Today

OCTOBER 25, 2024

RSM announces "Catamaran" suite of outsourced solutions; Avalara announces AvaTax for Accounts Payable; Sage Copilot launches in US; and other accounting technology news.

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Black Ink Tax & Accounting

JANUARY 23, 2025

Table of Contents The Pros and Cons of Accounts Payable Outsourcing: What You Need to Know The business environment is […] The post Accounts Payable Outsourcing appeared first on bitaccounting.

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Invoicera

APRIL 6, 2024

And we know you are having difficulty managing your accounts payable errors, but it is crucial to maintain a healthy financial system. Implementing these tips can significantly minimize errors and foster a smoother and more accurate accounts payable workflow. What are Accounts Payable?

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oAppsNet

JANUARY 30, 2025

Keeping vendor certifications, tax forms, and other regulatory documents up to date can be daunting when managed manually. How Integrating AP Automation and ERP Enhances Your Supplier Portal Additional software solutions, such as an ERP system and SaaS accounts payable (AP) automation tools, can significantly enhance a supplier portal.

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Counto

JANUARY 10, 2025

This guide, aligned with accounting services best practices, is designed to help small business owners in Singapore navigate the complexities of cryptocurrency accounting. Correct classification is crucial for accurate accounting and tax reporting, so it’s essential to assess how cryptocurrency fits into your business strategy.

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