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Balancing automation and compliance in expense reporting

Xero

eReceipts are digital versions of receipts that are automatically created and stored in Expensify based on the data received from the credit card provider. By using eReceipts, you can eliminate the need for manual data entry and reduce the likelihood of errors.

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Bookkeeping vs. Accounting: Here’s how they differ

Intuit

Skills and duties Bookkeeping Data entry and accuracy: Bookkeepers are masters of accuracy, making sure all financial transactions are recorded correctly and consistently. This involves strong data entry skills and a keen eye for detail. Looking for an accounting or bookkeeping job?

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New features announced at Xerocon Nashville

Xero

Expanded state-based sales tax reporting [US]: You’re now able to generate sales tax reports for every state and filing period automatically. This will allow our shared customers in Canada to import trial balances and general ledger data from Xero into Caseware Working Papers.

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Latest product news — September 2022

Xero

It offers an easy-to-access audit trail of changes made within Xero by a small business owner, advisor or app partner. Rollover and merge pre-populated data in Xero Tax — New Zealand. This will help you save time, ensure you don’t miss any income, and reduce the risk of data entry errors.

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1099 Reporting Simplified with AP Automation 

AvidXchange

Tax season is a busy time for finance departments. 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. It is commonly issued to independent contractors, freelancers, or supplier s who have been paid $600 or more during the tax year.

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Why Real-Time Bookkeeping is Essential for Modern Businesses

Less Accounting

Immediate Access to Financial Data One of the most significant advantages of real-time bookkeeping is the ability to access your financial data anytime, anywhere. Traditional bookkeeping methods often involve manual data entry and periodic updates, which can lead to delays in accessing crucial financial information.

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9 Ways to Prepare Your CPA Firm for a Smooth Tax Season

Analytix Finance & Accounting

As a CPA firm, you already know that tax season brings the need for organization, meticulous attention to detail, and efficient processes to ensure success. Balancing the need for precision while meeting tight tax deadlines can inadvertently result in errors. All of these serve to highlight the importance of preparation for tax firms.

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