Accounting Today

AUGUST 14, 2023

The London-based auditor gave a clean bill of health to a music streaming company that wildly overstated its revenue.

Auditing 130

Auditing Billing 130

Invoicera

JANUARY 12, 2025

The importance of time-based billing now comes in – through which income can be generated when clients pay for actual time spent on services delivered, typically calculated in hourly increments. Addressing these challenges means that the time to modernize the billing process is calling again.

Billing 40

Billing Invoicing Data Entry Budgeting 40

Xero

AUGUST 14, 2024

Coming soon] BILL beta [US]: Xero’s upcoming embedded bill payment feature, powered by BILL, will let your clients pay vendors directly within Xero using ACH transfer, credit/debit cards, or checks. This will save valuable time on administrative tasks and give small businesses greater visibility and control over cash flow.

XERO 246

XERO 1099 Preparation General Ledger Bank Reconciliation 246

RevCycle

NOVEMBER 27, 2024

From ensuring compliance with billing practices to navigating value-based care programs, we’ll provide easy to implement, actionable tips. Incorrect codes or insufficient documentation can lead to underpayments, claim denials, or even audits. Providers must stay aware of any LCDs that may affect their billing practices.

Billing 78

Billing Revenue Cycle Auditing Accounting 78

Compleatable

MARCH 6, 2025

Collection, digitization, verification, coding and approval of Invoices and Bills improves finance efficiency by up to 95%. Revenue Cycle Management : Streamline billing and collections processes to ensure timely payments from residents, insurance companies, and government programs.

Accounting 100

Accounting Accounting Revenue Cycle Management Revenue Cycle 100

Xero

JUNE 30, 2022

Update overdue bills and invoices in short-term cash flow — Global. In the weeks ahead, you’ll be able to change the planned and expected dates of overdue bills and invoices in bulk within Xero Analytics and Xero Analytics Plus. This automates more manual tasks, giving you back more time in your day.

XERO 279

XERO General Ledger Bank Reconciliation Tax 279

MineralTree

NOVEMBER 2, 2023

Accounts payable is a foundational function that ensures organizations maintain accurate invoices, payments, and vendor relationships, while making bill payments on time. That’s where accounts payable audits come into play. What Is an Accounts Payable Audit? Audits uncover and rectify these inaccuracies.

Accounts Payable 81

Accounts Payable Accounts Payable Auditing AP 81

LedgerDocs

APRIL 19, 2023

Being selected for an audit by the Canada Revenue Agency (CRA), might leave you feeling overwhelmed, stressed and uncertain about what you need to do. Although the prospect of being audited may be scary and intimidating, having the right documents and information ready can help make the process smoother.

Auditing 96

Auditing Expense Reports Financial Records Tax 96

Accounting Tools

JUNE 14, 2023

Related Courses Accounting for Inventory How to Audit Inventory How to Conduct an Audit Engagement What are Inventory Audit Procedures? If your company records its inventory as an asset and it undergoes an annual audit , then the auditors will be conducting an audit of your inventory.

Auditing 75

Auditing General Ledger Reconciling Invoicing 75

oAppsNet

DECEMBER 10, 2024

Alternatively, they might collude with an existing vendor to submit inflated invoices or bills for goods and services that were never delivered. Billing Scheme Fraud Billing schemes involve fraudulent billing for goods or services that were not provided.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

Xero

SEPTEMBER 8, 2022

Transactions that take place on a public blockchain are time-stamped and transparent, which creates a clear audit trail for all to see. Accountants would be able to see transactions in real time and verify records via a trusted audit trail.” . traditional) currency so that they can pay other bills.

XERO 264

XERO Computation Collections Tax 264

Jetpack Workflow

JANUARY 20, 2025

Proposify Proposify is an online platform where teams can build, manage, send, and sign professional sales documents and proposals. Best Suited For Sole operators or small teams looking to speed up proposal creation and delivery and gain access to key metrics that show how prospects interact with the document.

Accounting 52

Accounting Accounting Billing Invoicing 52

Xero

OCTOBER 3, 2022

As part of our commitment to ‘ Building on Beautiful ’ — which is about continuously upgrading our technology to build new features faster, giving our platform a consistent look and feel, and making sure we keep accessibility top of mind — we’re making some changes in Xero: Last year, we updated the ‘import’ page in bills.

XERO 264

XERO Purchase Order Payroll Tax 264

Invoicera

NOVEMBER 14, 2024

Every bill, statement, and report has to be just right—because, in this industry, a minor mistake could mean a major migraine. And here’s some insight to put things into perspective: the Billing and Invoicing Software Market is expected to boom from $9.85 Here’s a rundown of the must-have billing features for financial pros: 1.

Financial Services 52

Financial Services Invoicing Billing Financial Reporting 52

Counto

NOVEMBER 10, 2024

Example : If a restaurant charges S$25 for a meal and the GST is 7%, the total bill would be S$26.75. The total bill will show the price of the dish (S$30) plus 7% GST (S$2.10) , making the total S$32.10. Service Charge Considerations Many restaurants add a service charge (typically 10% ) to their bills.

Record Keeping 52

Record Keeping Billing Invoicing Tax 52

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. . Another compliance update we shared with advisors at Xerocon Sydney was one of our most highly requested features: payroll history.

XERO 264

XERO Payroll General Ledger Bank Reconciliation 264

Counto

JANUARY 15, 2025

Essential security measures include: Encrypted payment channels with multi-factor authentication Comprehensive audit systems for transaction monitoring Regular security assessments and vulnerability testing Advanced threat detection and prevention protocols 4. Streamline your finances today. Learn more here. Its 100% free and easy to use.

Accounts Payable 52

Accounts Payable Accounts Payable Billing Auditing 52

Xero

SEPTEMBER 1, 2022

Sometimes, there’s a discrepancy between what is received from the bank and the amount on the customer’s bill or invoice. It offers an easy-to-access audit trail of changes made within Xero by a small business owner, advisor or app partner. Make adjustments in the Xero Accounting app — Global.

XERO 264

XERO Payroll Data Entry Tax 264

Nolan Accounting Center

FEBRUARY 15, 2025

So, even though an employee may be using more print ink, using paper supplies, and experiencing higher utility bills due to remote work, those expenses cant be claimed at the present time. Accurate record-keeping and proper expense documentation are critical to avoid the problems of an audit.

Tax 78

Tax Record Keeping Computation Payroll 78

RevCycle

DECEMBER 19, 2024

Conduct regular compliance audits: Identify potential vulnerabilities and implement corrective actions. Here are some tips for fostering positive patient relationships: Clear and transparent communication: Explain billing statements clearly and concisely. Timely follow-up: Address patient inquiries promptly and professionally.

Collections 72

Collections Revenue Cycle Revenue Cycle Management Billing 72

Billing Platform

OCTOBER 1, 2024

At the end of the billing cycle, the provider calculates the customer’s usage and invoices them accordingly. 6) Invest in billing software The software needs to provide the ability to easily transition from simple one-time and subscription-based pricing models to innovative metered and usage-based pricing model.

Billing 98

Billing General Ledger Invoicing Collections 98

Invoicera

MAY 3, 2024

Fortunately, modern billing software has emerged as a beacon of relief in the often chaotic world of law firms. Most law firms adopting advanced billing software have witnessed a remarkable 40% increase in invoice processing efficiency. Explore how advanced billing software can transform your law firm’s invoicing processes.

Billing 52

Billing Invoicing Invoice Processing Auditing 52

Billing Platform

MARCH 22, 2024

A popular billing model, usage-based pricing (also referred to as metered services or pay-as-you-go pricing) is a consumption-based pricing model that allows customers to pay only for what they consume. Accurately and easily associating how much of the product a customer uses during a billing cycle takes usage-based billing software.

Billing 52

Billing Collections Invoicing Auditing 52

Invoicera

MAY 23, 2024

Introduction Handling the billing and invoicing process can be a huge challenge for companies with a complex pricing structure, different sources of income, or many customers. This is when you need billing software that is up to the task and customized to your company’s needs. What Is A Billing Software?

Billing 52

Billing Invoicing Invoice Processing Tax 52

accountingfly

APRIL 4, 2024

FT Accounting (Permanent) | Candidate ID #20214164 Certifications: QBO ProAdvisor Education: BBA in Accounting Experience (years): 5+ years, all in multiple client environments Work experience (highlight): Staff Accountant at a CPA firm Managed 15-20 monthly clients and 40-50 contractor clients; responsible for full-cycle accounting,1099 process oversight/management, (..)

Financial Statements 119

Financial Statements Accounting Accounting Payroll 119

Nanonets

JANUARY 1, 2024

According to the study, the industry's most common occupational fraud schemes include billing schemes. A billing scheme is a fraudulent disbursement scheme in which a person causes their employer to issue payment by submitting invoices for fictitious goods or services, inflated invoices, or invoices for personal purchases.  

Invoicing 52

Invoicing Auditing Purchase Order AP 52

Nanonets

NOVEMBER 14, 2023

Self-billing refers to the situation in which, a customer, not the supplier, takes charge of invoicing. What is Self-Billing Self-billing is a financial arrangement between registered suppliers and customers, that simplifies the invoicing process. Why Use Self Billing? Companies choose self-billing for specific reasons.

Billing 52

Billing Invoice Processing Invoicing Record Keeping 52

Invoicera

JANUARY 21, 2024

Summary SaaS billing streamlines subscription management for businesses. Strategies To Overcome SaaS Billing Challenges: Explore recurring billing, understand benefits, and get tips for seamless setup. Navigate and optimize SaaS usage-based billing. But with growth comes complexity, especially when it comes to billing.

Billing 52

Billing Invoicing Auditing Computation 52

Invoicera

NOVEMBER 8, 2024

Key Features AI-powered invoice capture and GL coding with Billy the Bot Real-time transaction tracking with audit-ready histories Integrates with 70+ ERP systems, including QuickBooks Desktop Centralized AP communication and document workflows Advanced payables reporting for cash flow insights Pricing Pricing is not provided publicly.

Accounts Payable 52

Accounts Payable Accounts Payable Accounts Receivable Accounts Receivable 52

Invoicera

JANUARY 15, 2025

Knowledge of these prospects allows companies to minimize costly invoice errors and improve efficiencies in global billing. Regular Internal Audits Performing regular internal audits can help identify invoice processing errors and highlight areas where tax compliance can be strengthened.

Invoicing 45

Invoicing Tax Billing Auditing 45

Accounting Tools

MAY 10, 2024

frequency of occurrence Related AccountingTools Courses Fraud Examination Fraud Schemes How to Audit for Fraud Benford’s Law in Fraud Detection Benford’s Law is a useful tool for the detection of fraud. For example, someone engaged in fraud might create a series of false invoices with a normal distribution of billed amounts.

Auditing 75

Auditing Invoicing Billing 75

Counto

MARCH 24, 2025

Project Revenue Invoices issued Payment received Milestone billing (if applicable) 2. What you Need to Track by Project Effective project accounting means tracking income, costs, and time for each job. Key elements include: 1. Summary For project-based businesses, profitability can vary widely from job to job.

Payroll 52

Payroll Accounting Accounting Data Entry 52

Invoicera

MARCH 22, 2024

Inefficient billing processes can be hectic for anyone, be it startups, medium-sized companies, or large enterprises. Thus, we have listed the top 15 leading automated billing software that are reshaping companies in 2024. Do you know you can do all of this with automated billing software ? Not only are you struggling!

Billing 52

Billing Invoicing Invoice Processing QuickBooks 52

AvidXchange

MARCH 17, 2025

Accounts payable (AP) automation allows your financial teams to pay bills in a similar, simplified fashion. Additionally, they ease report generation, tax compliance and auditing. With digital payments becoming more pervasive outside of work, financial staff expect that same convenience in their professional roles.

AP 52

AP Financial Operations Financial Operations Accounts Payable 52

Invoicera

NOVEMBER 26, 2024

Welcome custom invoicing software , which solves all your billing troubles. Consider them your trusted ally in the battle against poor billing processes. Industry-Specific Features A restaurant might need split billing, while a law firm may require time tracking. Ensure the tool meets your niche needs.

Invoicing 40

Invoicing Billing XERO Invoice Processing 40

SMB Accounting and Consulting

AUGUST 30, 2021

Project managers should work closely with their team to manage resources, track the project’s performance to budget, and communicate with the accounting department to review billing rates to make sure the contract remains profitable. The more accurate the company budget is, the lower the adjustment billing will be.

Billing 98

Billing Budgeting Auditing Accounting 98

Nanonets

FEBRUARY 8, 2024

BILL, which used to be known as Bill.com, is a financial operations platform that gives businesses the tools to manage AP, AR, spend, and expense automation all in one place. million businesses that either use BILL to make payments or get paid with BILL, it’s clear that this cloud-based solution offers immense value to its users.

AP 52

AP Billing AR AR / AP 52