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Four ways to build a fighting fit practice in FY23

Xero

This feature allows you to align your proposal and billing start dates. You can also use the New Proposal Editor to automatically collect deposits from new clients to minimise business risk and keep your cash flow in check. The deposit payment will be clearly stated on the proposal and invoice.

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QBO Cleanup: The diagnostic skills every bookkeeper should know

5 Minute Bookkeeping

Case Study: Duplicated Expenses A business enters a vendor bill in QuickBooks and later pays the bill. Now, they have a bill AND an expense for the same transaction , duplicating the expense. The Cleanup Solution: Identify that there is a duplicate (one bill payment, one expense).

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Understanding Differences Between Checking and Savings Accounts

Intuit

A checking account enables you to make unlimited deposits and withdrawals through various methods. You can transfer funds, make payments, and use automatic teller machines (ATMs) to withdraw or deposit funds whenever you want. These insured accounts cover your deposits up to $250,000 per depositor ($500,00 for joint accounts).

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Understanding Differences Between Checking and Savings Accounts

Intuit

A checking account enables you to make unlimited deposits and withdrawals through various methods. You can transfer funds, make payments, and use automatic teller machines (ATMs) to withdraw or deposit funds whenever you want. These insured accounts cover your deposits up to $250,000 per depositor ($500,00 for joint accounts).

Deposits 130
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What to Look for in a Payroll Service Provider: A Small Business Guide

Outsourced Bookeeping

Payroll management becomes effortless because the system performs automatic payroll calculations, tax processing, and direct deposit functions. The providers typically bill their clients through either monthly payments or based on employee numbers. Payment Processing Options Employees anticipate payments on time.

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Direct deposit definition

Accounting Tools

What is Direct Deposit? Direct deposit involves the electronic transfer of funds from the employer to the bank accounts of its employees, using the Automated Clearing House (ACH) system. ACH payments include direct deposit payroll, social security payments, tax refunds, and the direct payment of business-to-business and consumer bills.

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Deposit slip definition

Accounting Tools

Related Courses Corporate Cash Management How to Audit Cash Optimal Accounting for Cash What is a Deposit Slip? A deposit slip is a form that is used to itemize the checks and cash being deposited into a bank account. The customer then has proof that the deposit was made.