Billah and Associates

DECEMBER 15, 2017

How Payroll Processing Services Can Help Your Business? Managing your company’s payroll can be a tedious task. Especially when you know that messing it up even slightly can cause a lot of trouble. In such cases, the best way to get the job done is to hire a professional payroll processing service. It will help you in many ways and ensure that this part of your business is taken care of.

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Acton Accounting & Bookkeeping

DECEMBER 5, 2017

We wish you and your family a safe and joyous Holiday Season and a peaceful New Year 2018! Due to the Holiday Season, Acton Accounting & Bookkeeping Inc. will be closed on Monday, December 25; Tuesday, December 26, 2017, and Monday, January 1, 2018. If you need any assistance from us during the Holiday Season, feel free to get in touch with us by clicking here.

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AvidXchange

DECEMBER 6, 2017

As an AP professional, you’ve probably already heard a lot about AP and payment automation. You’ve read news articles and whitepapers – attended a few webinars – and done some research on your own. You might even know of a competitor or colleague in the industry who has already embraced automation. Still, no matter how much of a no-brainer AP automation is for you, its myriad benefits are all for naught if you are unable to communicate them to your boss, who will likely be givi

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Bookkeeping Essentials

OCTOBER 31, 2017

There is nothing worse than being in the middle of an audit with the CRA or IRS and not having your paperless statements or bills you need because you didn't download the information!

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Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

1st Step Accounting

AUGUST 29, 2017

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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Perficient - Accounts Receivable

AUGUST 25, 2017

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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Cloud Accounting Podcast

DECEMBER 4, 2017

Stories in this episode: Blockchain: An opportunity for accountants? Or a threat? My Look at QuickBooks Connect 2017 Accountants Gear Up For AI Disruption 50% of Businesses Still Use Paper Checks - But They Won't for Long The Economic and Strategic Benefits of Cloud Computing Subscribe: Listen on iTunes/Apple Podcasts Listen on Google Play In this episode, I'm joined by Will Lopez, Founder and CEO of Advisorfi.

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AvidXchange

NOVEMBER 22, 2017

The modern Thanksgiving holiday tradition can be traced back to a 1621 celebration at Plymouth in present-day Massachusetts. The 1621 Plymouth feast and thanksgiving was prompted by a good harvest. Pilgrims and Puritans who began emigrating from England in the 1620s and 1630s carried the tradition of Days of Fasting and Days of Thanksgiving with them to New England.

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AvidXchange

NOVEMBER 8, 2017

Since the implementation of 2002’s Sarbanes-Oxley Act, most public companies need to submit their records for external auditing. Auditors check whether these records adhere to the standards specified in the Generally Accepted Accounting Principles (GAAP). Although compliance creates extra work for businesses, large-scale corporate scandals are much less likely to occur.

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AvidXchange

OCTOBER 31, 2017

Making the decision to automate your accounts payable (AP) process is no longer as much a question of if , it’s a question of when. Many companies are realizing the benefits of automation, like reducing their processing costs, eliminating paper, and increasing control over payments with configurable workflows. In today’s blog, Sage Intacct user Kristine Frost of Barfly Ventures tells us how her accounting department improved operations by automating AP with AvidXchange.

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Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

Accounting

AvidXchange

OCTOBER 11, 2017

Like paper checks, the origin of the vertical filing cabinet is an unsolved mystery. I know, I know, it’s a concerning thought, but apparently, the filing cabinet just showed up one day and we all started using it without questioning its existence. That’s a little weird, right? According to the “Vertical Filing Cabinet” section of the Early Office Museum website, there’s some controversy as to when the vertical filing cabinet first appeared.

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AvidXchange

SEPTEMBER 19, 2017

AvidXchange wants to make sure that you not only survive – but thrive – during your year-end closing process. That’s why we’ve organized a panel of financial thought-leaders and AvidXchange customers to share their personal best practices for a successful year-end closing. This live event, Tips & Tricks to Prepare for Year-End Close , will take place on September 21 at our new corporate campus located at the AvidXchange Music Factory.

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AvidXchange

SEPTEMBER 6, 2017

AvidXchange wants to make sure that you not only survive – but thrive – during your year-end closing process. That’s why we’ve organized a panel of financial thought-leaders and AvidXchange customers to share their personal best practices for a successful year-end closing. This live event, Tips & Tricks to Prepare for Year-End Close , will take place on September 21 at our new corporate campus located at the AvidXchange Music Factory.

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AvidXchange

SEPTEMBER 1, 2017

Electronic payments have emerged as one of the best ways to send money. Many businesses are choosing to use payment software because it is the easiest, cheapest, and most ideal payment method. In the old world of payments, your staff likely had to deal with paper checks that tend to be cumbersome, time-consuming, and expensive to process and manage.

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Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Accounting

AvidXchange

AUGUST 28, 2017

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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1st Step Accounting

AUGUST 14, 2017

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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Perficient - Accounts Receivable

AUGUST 2, 2017

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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AvidXchange

JULY 31, 2017

JP Nicols is a leading voice for innovation, strategy, and leadership in the financial technology (FinTech) industry. He is also a top-rated keynote speaker and advisor to startups and Fortune 500 companies. JP has been named to multiple lists as a top influencer and thought leader, including: FinTech influencers you should be following in 2017 (#15), Top FinTech Influencers in the United States of America (#5), and FinServ 25: The Most Influential Voices in Banking.

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

Financial Statements

1st Step Accounting

JULY 26, 2017

Traveling is a great way to see the world and share new experiences with the ones you love. If you follow this blog than you already know how to correctly write off your business travel expenses, if you haven’t read the post you can find it here. There is even a handy worksheet to help you manage those deductible expenses. However, saving money while traveling is even better than the getting the write off if you ask me!

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Perficient - Accounts Receivable

JULY 27, 2017

Good day and welcome to my blog. Each and every company who has a customer base has a need for accounts receivable/collections personnel. For smaller companies, one person may wear many hats including the accounts receivable or collections department hat. For any business transaction that is not completed (paid) immediately, there is a follow-up process.

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AvidXchange

JULY 20, 2017

Few things in the business world inspire as much concern as preparing annual budgets. Business unit managers often struggle with how the time-consuming process disrupts their daily workload and affects bonus calculations; executives worry about establishing differing figures across departments; and finance leaders grow tired of a process that often doesn’t lead to better spending decisions.

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AvidXchange

JULY 19, 2017

AvidXchange, a leading fintech provider of accounts payable and payment automation for midsize companies, has many customers in the nonprofit space. As such, we form strategic partnerships with organizations that work with nonprofits like @Pay, an express payment technology company that makes it easy to pay, give, or buy on a mobile device. For our nonprofit partners and customers out there, here are some best practices from @Pay’s CEO, John Killoran, for creating online donation forms.

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Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

1st Step Accounting

JULY 11, 2017

Summer is here, and so is vacation season. I know, as a small business owner, it’s important to write off as many expenses as possible to minimize that tax bill, and this includes travel. Now, I have heard tons of misinformation about writing off vacations. Things like, “I can write off the entire cost of a trip for my whole family, even if I’m the only one away on business.

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AvidXchange

JULY 10, 2017

At AvidXchange, we pride ourselves on creating a work environment that facilitates personal growth and inspires innovation while serving more than 5500 clients throughout North America. What does AvidXchange do? We’re an industry leader in automating invoice and payment processes for mid-market organizations spanning multiple industries, including Real Estate, Non-Profit, Financial Services, Energy, and Construction.

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1st Step Accounting

JUNE 15, 2017

It’s that time of year again when men with children are celebrated for being an inspiration in their lives. These fathers will get to lounge all day, get gifts of new ties and tools and relish in the fact that they are partly responsible for the little human beings running around this earth. This year I want to publicly celebrate my dad, Nkosi Akinlabi, by introducing you all to him.

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AvidXchange

MAY 24, 2017

Recognized as one of the 50 fastest-growing private companies in the Charlotte area for the past four years, AvidXchange has experienced explosive growth. To accommodate our growing workforce, we broke ground on a new building at the AvidXchange Music Factory in September 2015. We’re happy to announce that the 200,000-square-foot building is now finished and we can’t wait for our 900 Charlotte-based employees to be working under the same roof!

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Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

AvidXchange

MAY 22, 2017

With more than 10 years of experience in public accounting, Bobbi Jo is passionate about helping create success for her clients, her teammates and the firm. Last year, Bobbi Jo was named as one of Charlotte Business Journal’s Forty Under 40 award winners. The award recognizes 40 of the region’s most accomplished business and civic minded professionals under 40 years of age.

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AvidXchange

MAY 11, 2017

Chris Elmore, who, in addition to being AvidXchange’s Director of Product Strategy, is an adjunct professor at UNC Charlotte, teaching graduate and undergraduate students in Entrepreneurship. Recently, the Charlotte Chamber announced that Elmore will serve as the business organization’s first “entrepreneur-in-residence.” Elmore has been in the accounts payable world for 15 years in various roles, and has witnessed the transition from paper-based processes to completely automated AP and pay

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AvidXchange

MAY 3, 2017

Jack G. Kern is the director of research and publications for Yardi Systems, Inc., and is responsible for the data analytics team at Yardi Matrix and the information publishing group in New York City comprised of Commercial Property Executive and Multi-housing News. Before joining the firm, Kern served as the managing director of consultancy Kern Investment Research, a national research practice with clients across the U.S. and Europe.

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AvidXchange

FEBRUARY 22, 2017

Nicholas Moussab is a sales professional who has spent more than ten years helping organizations optimize their accounts payable and payment processes. As Director of Corporate Sales at AvidXchange, Nick’s area of expertise is working with large organizations, defining requirements based on the unique idiosyncrasies of each organization, and delivering a solution that can revolutionize the way the organization manages and pays their bills.

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Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.