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The IRS highly targets the meals and entertainment deduction for audits. The reason being is that most business owners don’t understand what is truly deductible when it comes to eating out and other entertainment events. To make sure you understand the concepts, I will be breaking this subject down into 2 sections. Part 1 focuses on meals and part 2 on entertainment, even though they are usually intertwined.
AvidXchange is an industry leader in automating invoice and payment processes for mid-market companies. By now you may heard about our new 200,000 sq. ft., six-story corporate headquarters in Charlotte, but did you know we have several regional offices as well? You don’t have to live in the Queen City to take advantage of the amazing culture AvidXchange provides.
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Good day and greetings from the Financial Services area. For those who have read my previous blog entries, I would like to communicate a warm thank you and I hope to keep engaging your interest. Even though I post under the category of Financial Services, I try to find a balance between business sensibilities but also try to inject some personality and perspective.
AP automation expert Rhonda Greene has been in the accounts payable world for more than 20 years in various roles and has witnessed the transition from paper-based processes to completely automated AP and payment processes firsthand. As a Solutions Consultant at AvidXchange, Rhonda enjoys sharing her best practices with other financial professionals to help them navigate day-to-day AP challenges.
AP automation expert Rhonda Greene has been in the accounts payable world for more than 20 years in various roles and has witnessed the transition from paper-based processes to completely automated AP and payment processes firsthand. As a Solutions Consultant at AvidXchange, Rhonda enjoys sharing her best practices with other financial professionals to help them navigate day-to-day AP challenges.
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Excel is a powerful tool for saving, presenting, and manipulating data, but not all finance professionals are using it as well as they could. Putting to use some basic techniques, Excel can help significantly increase your productivity. Did you know you can embed Word files in Excel workbooks? Have you tried using Conditional Formatting to help users navigate through your workbooks?
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