August, 2017

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Enjoy Delightful Meals and Valuable Write-off’s This Year

1st Step Accounting

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.

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AvidXchange in Salt Lake City: An Interview with Dan Dempsey

AvidXchange

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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Leadership: A Vote of Confidence

Perficient - Accounts Receivable

Whether your professional life resides in an Accounts Receivable atmosphere or not, leadership is critical. A common misconception about collections or accounts receivable is that it’s strictly all about the numbers. While on the surface it may look like that, the reality is that leadership and communications experts are at work and the byproduct is the results.

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Common Mistakes to Avoid When Filing your Taxes

Acton Accounting & Bookkeeping

For many people, preparing and filing taxes can be a burdensome and experience. However, it doesn't have to be! With a little preparation and knowledge, you can reduce the stress of preparing and filing your taxes. To help you breeze through tax season (and save money!), we’ve compiled a list of the most common mistakes to avoid on your tax return.

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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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Easily Avoid NSF Charges from Ruining Your Day

1st Step Accounting

Ok, I f *d up! I hate to admit this, but I woke up, checked my bank balance from my bed, and saw I had been charged a $36.00 NSF fee. Uggghhhh, this messed up my morning *insert sad face* If you don’t know what NSF means, it’s Non-Sufficient Funds. And I was charged this fee because of a dang cup of coffee. Well, not really, but let me explain what happened… I have a separate bank account I use to pay my personal credit card bills and to use for my discretionary spending, you know, stuff like ge

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Adaptability in an Ever-Changing Financial Services Landscape

Perficient - Accounts Receivable

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.

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Interview: AvidXchange CFO Joel Wilhite on Budgeting Best Practices

AvidXchange

AvidXchange Chief Financial Officer Joel Wilhite is a seasoned financial executive with over 20 years of experience in progressive growth companies. Before coming to AvidXchange seven months ago, Joel was the CFO at Quantros, a software-as-a-service (SaaS) company in Greenville, S.C., which offers an enterprise-wide suite of applications that helps hospitals better manage the quality and safety of patient care.

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The Top 15 Excel Hacks for Finance Professionals

AvidXchange

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?