Cloud Accounting Podcast

JANUARY 20, 2023

link] 2023: The Year of Crypto Compliance [link] Quickbooks missed a golden opportunity to market itself with the FTX saga [link] -721b17443fd5 4 The Financial Future: The Impact of AI on Finance and Accounting [link] Most companies pay $11 or more per expense report [link] Terry Smith fires darts at Meta, Apple, Unilever and accounting.

Tax 52

Tax CPA QuickBooks Expense Reports 52

Accounting Tools

MAY 13, 2024

Its deletion would remove the asset from the fixed asset register , so that someone might conduct a fixed asset audit and observe the asset, but not see it in the company's records. If an asset is on the premises and in use, then it should be recorded.

Accounting 40

Accounting Accounting Financial Statements Expense Reports 40

Nanonets

FEBRUARY 13, 2024

Client Entertainment:  Maximum of $100 per person per event. For example, if an employee who rarely travels suddenly submits high travel expenses, the system flags it for review. Timely Expense Reporting:  The software sends reminders for expense submission deadlines.

Expense Reports 52

Expense Reports Record Keeping Budgeting Invoicing 52

Nanonets

AUGUST 10, 2023

According to this Global Business Travel Association report , processing an expense report for a single-night hotel stay costs an average of $58 and takes 20 minutes! No matter how stellar your business model is or how great your sales numbers are, leaky expense claim processes can be a slow, silent killer for your finances.

Data Entry 52

Data Entry Expense Reports Financial Records General Ledger 52

Nanonets

MAY 2, 2024

NetSuite users with SuiteFlow can set up and test their workflows without programming by indicating Basic Properties and stages, conditions, and event triggers for actions with field data entry and a workflow diagram, using the NetSuite Customization menu for Workflows.    Why are NetSuite workflows so convenient? 

Invoicing 52

Invoicing Invoice Processing AP Purchase Order 52

Nanonets

JANUARY 17, 2024

Now, you might be thinking, "We've got this covered with our trusty spreadsheets and quarterly audits." Manual Work is time-consuming and error-prone : An efficient expense management system simplifies processes, reduces manual tasks, and keeps your team focused on what they do best, not on filling out expense reports.

Expense Reports 52

Expense Reports Budgeting Data Entry Auditing 52

Nanonets

MARCH 13, 2024

Client Entertainment : Expenses for entertaining clients, such as meal costs or event tickets, provided they are directly related to business development or retention. An example is hosting a client at a sporting event to discuss future business opportunities. These vendors have been vetted for value and service quality.

Expense Reports 52

Expense Reports Budgeting Collections Data Entry 52

Nanonets

MARCH 4, 2024

Casualty and Theft Losses : Losses from theft, vandalism, fire, storm, or similar events. 💡 It's essential for businesses to maintain detailed records of all expenses to substantiate deductions in case of an IRS audit. How to Categorize Expenses in your business? Fully deductible. Fully deductible.

Budgeting 52

Budgeting Tax General Ledger Payroll 52

Future Firm

APRIL 4, 2022

Hit Up Local Networking Events Be prepared to hit the streets to mingle with new business owners to acquire your first few new clients. To get to know who’s out there, there’s no better way than attending local networking events to collect some business cards. Don’t discount the power of word of mouth.

Bookkeeping 98

Bookkeeping Bookkeeping Services XERO QuickBooks 98

Nanonets

MAY 8, 2023

Accounts receivable can also be used as a source of cash in the event of an emergency. What is an Expense Report & Why do you need one? Everything You Need to Know About an Audit Trail Credit Card Reconciliation: What It is and How to Do It? This is known as factoring.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables AR 52

Future Firm

AUGUST 22, 2022

And beyond that, the additional tabs (which are dependent on the type of task you select) provide even greater control to: Automate completion of the task based on other events occurring in Senta. It’s nice to have an audit trail of the discussion and to be able to collaborate in-app versus in-email. Set dependencies.

Accounting 105

Accounting Accounting QuickBooks Accounting Software 105

Cloud Accounting Podcast

APRIL 27, 2020

Five years ago, the inspector general's office did audits of the SBA and found that they have longstanding security weaknesses and identified 35 open-information technology audit recommendations. The Accounting Salon has turned into a virtual event called SALONv, and it's open to the world. But this is not a one-time thing.

Accounting 40

Accounting Accounting Tax Deposits 40