Sun.Dec 03, 2023

article thumbnail

S Corp Medical Insurance in QuickBooks Desktop

Insightful Accountant

S Corp 'medical insurance' is a non-cash fringe benefit provided to shareholders owning 2% or more of the corporation.

article thumbnail

What Is A Debt Management & Collections System?

Billing Platform

By 2Q2023, consumer debt reached an eye-watering $16.84 trillion – an increase of 4.5% from the previous year. U.S. credit card debt and other types of revolving loans surpassed $1 trillion in August 2023 , with outstanding balances on bank cards climbing to 18.1% above where they were in 2022. With inflation sticking around, the amount of money owed is leaving households and companies struggling to make payments.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Make life easier with AI

Ontrack Bookkeeping

AI (Artificial intelligence) has been both a huge disrupter and enabler for businesses of all shapes and sizes. (AI) is no longer just a pipe dream of science-fiction. It has become a vital aspect of today’s world and has meant businesses or employees can and are becoming more productive by leveraging the many AI tools for business activities. In the past, the application of AI was limited to big corporations and technology-based businesses.

article thumbnail

FUTURE FORWARD: Building a Multi-Entity Reporting Niche

Insightful Accountant

Did you know you can build a niche specialization in 'reporting'? You can even sub-specialize in multi-entity reporting if you have the right tool set. A recent study showed 64% of financial professionals are looking for better data analytics.

52
article thumbnail

Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

article thumbnail

Technological Solutions for Humanizing and Personalizing Dispute Management

Gaviti

No matter how efficient your A/R collections process is or how effective your communications are, it’s only a matter of time before you’ll have disputes. A human-centered approach to disputes in accounts receivables , with the right technological tools, can both accelerate dispute management and improve your company’s cash flow. At the same time, it can also deliver customers an exceptional experience that leads them to becoming satisfied and loyal customers.

article thumbnail

Social Security Business Services Online New Requirements

Insightful Accountant

Are you ready for the new requirements regarding credentialing and authentication to use services like W-2/W-2C online, wage file uploacing, SSN # verification, etc.?

52