Remove Bank Reconciliation Remove General Ledger Remove Payroll
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Product wrap from Xerocon Sydney 2022

Xero

In fact, 37% of small businesses in Australia and 29% in New Zealand are worried their staff will be paid incorrectly due to confusing payroll obligations. We were excited to launch a new beta trial of Xero Payroll plus Planday at Xerocon. Managing Australian payroll in the digital economy.

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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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What Is General Ledger Reconciliation?

Nanonets

General Ledger Reconciliation The General Ledger (GL) is a silent custodian of a company's financial narrative. Businesses maintain a multitude of other financial documents, including bank statements, invoices , bills, cash payment receipts, and more.   What is the General Ledger?

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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.

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General Ledger (GL): Definition, Significance, Implementation

Nanonets

Welcome to our latest blog post, where we embark on a deep dive into the intricacies of the General Ledger (GL) — the bedrock of any business's financial system. We will start with the basics: What exactly is a General Ledger, and why is it paramount to your business's financial health?

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A Comprehensive Guide to Sage 100 ERP in 2024

Nanonets

Payroll and time tracking   Payroll and time tracking features are processing payroll with payroll reports, tracking PTO (paid time off) and sick leave, and updating job cost labor with time tracking.  You can also evaluate vendor performance with metrics including on-time delivery and vendor accuracy.

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A Clean and Simple Bookkeeping Client Folder Template

Jetpack Workflow

In your client folders, make sure you have dedicated sub-folders where you track the following items so you can easily update the general ledger as you go: Chart of accounts Journal entries Trial balance Bank Statements and Reconciliations Each client folder should also have a dedicated section for bank statements.