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A sneak peek into what’s next for reports in Xero

Xero

If you have a Xero Premium plan and have added a foreign currency to your settings page, then you can jump in and give it a go.

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Bank reconciliation Vs. Book reconciliation

Nanonets

Bank Reconciliation Vs. Book Reconciliation In accounting and financial management, we encounter the terms "Book Reconciliation" and " Bank Reconciliation " These terms are often used interchangeably, leading to ambiguity regarding their meanings. What Is Bank Reconciliation?

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How to manage the Singapore GST rate change in Xero

Xero

In the 2022 budget announcement, Singapore’s Minister for Finance announced the GST rate will increase from 7% to 8% on 1 January 2023, and from 8% to 9% on 1 January 2024. bank reconciliation. automated bank rules. This change will impact all Singapore businesses that file GST. Update your default rate.

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Why now is a great time to try new reports in Xero

Xero

These include the Budget Manager, Business Performance Dashboard, Payroll, Tax, and GST Reconciliation reports. Soon, we’ll be adding more reports into Xero — including General Ledger, Journal and Bank Reconciliation reports — as well as introducing foreign currency into new reports.

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4 Ways Bookkeepers Can Increase Profit Margins From E-commerce Clients

The Successful Bookkeeper

Additional services included: These services can look like budgeting, forecasting, and modelling. Accounting integrations like Amaka integrate e-commerce platforms with accounting software, syncing transactions and speeding up bank reconciliation. Tools to forecast cash flow, budget variances, and other insights.

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Why Startups in Singapore Need Professional Accounting Services

Counto

Budgeting and Forecasting Projecting future financial performance helps build confidence with investors and supports strategic planning. Automation of Routine Tasks Automated invoicing, expense tracking, and bank reconciliations save time and reduce errors.

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How to Choose the Right Accounting Services Provider in Singapore

Counto

Growth and Complexity Consider whether your business is expanding and if youll need services such as budgeting, cash flow forecasting, or management accounting in the near future. Integrated Tools Automation for invoicing, expense tracking, and bank reconciliation can save time and reduce manual errors.