Xero

SEPTEMBER 1, 2022

GoCardless makes it easy for you to collect one-off, or automated, bank payments for your Xero invoices. Add GoCardless as a payment service in Xero, and apply it to an invoice or invoice template today. You can also attend their breakout session to learn more about the real reasons why you need invoice payments with Stripe.

XERO 52

XERO Invoicing Bookkeeping Collections 52

Intuit

SEPTEMBER 9, 2024

The template below hits on some essential elements to include in your bookkeeper resume—from how you might structure your contact information to how and what skills you could showcase. Reconciled bank statements monthly, maintaining accurate financial records. Prepared and submitted payroll taxes accurately and on time.

Bookkeeping 246

Bookkeeping Bank Reconciliation QuickBooks Certified Bookkeeper 246

Xero

NOVEMBER 2, 2022

Our informative small business education guides were created specifically for you. You can also find guides on Getting your invoices paid faster , Staying on top of your cash flow , Reconcile bank accounts easily in Xero and Creating professional invoices with ease , with more topics to come. .

XERO 264

XERO Bank Reconciliation Data Entry Reconciling 264

Xero

MAY 24, 2023

Now, when you complete the transaction details under the ‘Create’ tab, Xero will populate similar transactions with the same information – without needing to refresh your screen. This means you can reconcile multiple records faster while minimising errors in manual data entry.

XERO 278

XERO Bank Reconciliation Data Entry Reconciling 278

Nanonets

JULY 14, 2023

This post is mostly going to focus on invoice OCR and invoice information extraction using OCR and deep learning. We will also touch upon what is wrong with the current state of invoice recognition OCR and information extraction in invoice processing. Want to automate invoice processing ?

Invoice Processing 98

Invoice Processing Invoicing Data Entry Computation 98

Xero

MARCH 26, 2023

In many cases, AI can help make the process easier, faster and better informed. For example, if you’re managing paper bills and invoices in Xero, AI is quietly at work for you every time you upload a new document — thanks to intelligent form filling and credit note detection.

XERO 279

XERO Reconciling Computation Billing 279

Gaviti

DECEMBER 5, 2024

Many businesses can significantly improve their cash flow by implementing more effective strategies for collections, including adopting more strategic approaches to accelerate B2B payment of invoices. Some businesses wait until close to the due date to send invoices and some even wait until the invoices are actually due!

Collections 52

Collections Invoicing Reconciling Invoice Processing 52

Gaviti

MARCH 5, 2025

Fraudsters are no longer relying on rudimentary methods; instead, they use advanced techniques such as social engineering, phishing, and malware attacks to manipulate invoice processes and divert payments. In this scenario, fraudsters either create fake invoices or manipulate legitimate ones to divert payments.

Account Receivables 80

Account Receivables Accounts Receivable Accounts Receivable Accounting 80

Xero

SEPTEMBER 7, 2022

We shared the first phase of this new feature — employee records — and explained how it will help you identify, audit, and reconcile your clients’ payroll quickly and accurately. . We shared some new updates in Xero that will help you quickly find the information you need. Helping your clients avoid the cash flow crunch.

XERO 264

XERO Payroll General Ledger Bank Reconciliation 264

oAppsNet

OCTOBER 29, 2024

Many companies struggle to reconcile incoming payments, match them to the correct customer accounts, and ensure everything is accounted for in real-time. Cash application is the process of matching incoming payments to the correct customer accounts and invoices. The result? If any of these sound familiar, you’re not alone.

Data Entry 52

Data Entry Invoicing Reconciling AP 52

Intuit

SEPTEMBER 19, 2024

Government can help by supporting the adoption of digital payment tracking tools, encouraging favourable invoice payment terms, and incentivising expedited payments. For us, digitisation improved how quickly we can access and share information, allowing us to streamline operations.’

Accounting 244

Accounting Accounting QuickBooks Tax 244

Intuit

AUGUST 30, 2024

Accountants analyze the information recorded by the bookkeeper. Various stakeholders use financial statements to make informed decisions. In short, accountants take raw bookkeeping data and turn it into actionable insights that drive informed decision-making. This involves strong data entry skills and a keen eye for detail.

Bookkeeping 246

Bookkeeping Financial Statements Accounting Accounting 246

Counto

FEBRUARY 19, 2025

Scammers are becoming more sophisticated, using phishing emails, fake invoices, and unauthorised transactions to exploit vulnerabilities in payment processes. Invoice Fraud Fraudsters create fake invoices that appear legitimate and send them to businesses for payment. Reconcile accounts promptly to identify discrepancies.

Billing 52

Billing Accounts Payable Invoicing Accounts Payable 52

Nanonets

DECEMBER 26, 2024

Instead of grappling with manual invoice processing, businesses can rely on solutions like Nanonets to automate tasks like: Optical Character Recognition (OCR) to extract data from invoices. Automating invoice approvals to streamline workflows. Improved compliance and reduced risks of duplicate or late payments.

AP 52

AP Account Receivables Accounts Receivable Accounts Receivable 52

Cevinio

FEBRUARY 1, 2024

This encompasses a range of tasks, from sending invoices and confirming their receipt to chasing overdue payments and updating customer records. Modern AR Automation solutions automate manual processes such as payment matching, invoicing, and collections, drastically reducing the time and effort required to complete these tasks.

Account Receivables 130

Account Receivables Accounts Receivable Accounts Receivable AR 130

Gaviti

DECEMBER 18, 2024

These reporting features also help businesses predict trends and make more informed strategic business decisions. CRM, ERPs, accounting software), youll have access to the most accurate payment data, more efficient payment reconciliation, customer information and communication records. Here is a list of your top software choices: 1.

Account Receivables 52

Account Receivables Accounts Receivable Accounts Receivable Collections 52

oAppsNet

JANUARY 18, 2024

Vendor statements, comprehensive documents detailing various financial transactions, including invoices, payments, and outstanding balances, serve as a primary source of information. Simultaneously, compile internal records such as purchase orders, invoices, and payment receipts.

Reconciling 52

Reconciling Purchase Order Vendor Management Invoicing 52

Gaviti

NOVEMBER 24, 2024

The sooner your business collects on its invoices, the lower your financial risks and the better your financial position. Make it easy for customers to pay invoices. Offer a range of payment methods and, if available, a link to your customer payment portal from the invoice itself. Establish proactive credit management policies.

Collections 52

Collections Account Receivables Accounts Receivable Accounts Receivable 52

Counto

DECEMBER 7, 2024

Work with a financial advisor to gain valuable insights that support informed decision-making. Not Reconciling Accounts Payable and Receivable Why This Happens: In the rush of running a business, SMEs in Singapore often overlook regular reconciliation, leading to discrepancies that can affect cash flow.

Financial Statements 52

Financial Statements Reconciling Accounts Payable Accounts Payable 52

Nanonets

JUNE 22, 2023

One important aspect of financial management is invoice reconciliation. Whether you are a small business or a large enterprise, reconciling invoices is an essential process to ensure accuracy, identify discrepancies, and maintain strong financial controls. What is invoice reconciliation? billion in 2023 to $3.40

Invoicing 52

Invoicing Reconciling General Ledger Data Entry 52

AvidXchange

DECEMBER 20, 2024

If youve kept your vendor master file up to date, you should have a W-9 on file for each supplier that includes all the information youll need to file your 1099-NEC forms. In 2024, the IRS issued guidance making it mandatory for any business filing more than 10 information returns to do so electronically. Note: AvidXchange , Inc.

AP 52

AP Data Entry Accounts Payable Accounts Payable 52

Counto

DECEMBER 16, 2024

Ensures you stay on top of critical tasks like reconciling accounts or submitting documents for compliance. Data Interpretation for Financial Decisions Financial data plays a key role in making informed business decisions. How it helps: Assists in drafting invoices, payment reminders, and contract updates in a professional tone.

Financial Reporting 52

Financial Reporting Financial Statements Bookkeeping Tax 52

AvidXchange

NOVEMBER 13, 2024

It can also help improve financial reporting and deliver insights on spending trends to help organizations make data-informed decisions. Advertisers miss out on insights that could inform future budget decisions, optimization strategies, and performance assessments, which can hinder results and return on investment (ROI) for clients.

Budgeting 52

Budgeting Accounts Payable Accounts Payable Reconciling 52

Less Accounting

MAY 9, 2023

Getting ready to do bookkeeping cleanup sounds intimidating, but can be done effectively by systematically working through these steps to gather the information you need. You are looking to gather all of your bank statements, receipts, invoice, and other related financial information. Start by going through your email.

Bookkeeping 98

Bookkeeping Accruals Reconciling Accounting Software 98

MineralTree

OCTOBER 5, 2023

Making this monthly ritual effective and efficient can mean the difference between informed decision-making and costly errors. Read on to learn the benefits of streamlining and optimizing the accounts payable month-end close process, including information on best practices and the role of automation in achieving operational excellence.

AP 76

AP Reconciling Accruals Accounts Payable 76

Gaviti

JANUARY 26, 2025

By offering customers an intuitive online portal payment system that allows them to get the information they need anytime. As you grow, managing invoices, histories, collections, and customer communication in general becomes increasingly unsustainable. You show that your business is forward-thinking and customer-centric.

Account Receivables 52

Account Receivables Accounts Receivable Accounts Receivable Collections 52

CapActix

APRIL 30, 2023

Now, you can reduce your exhaustion level by learning a few QuickBooks keyboard shortcuts such as – Ctrl+A – To display the accounts chart window Ctrl+C – To copy the selected part to the clipboard Ctrl+D – To delete anything like an invoice, transaction, check, etc. Thus, you should customize your QuickBooks as per your needs.

QuickBooks 98

QuickBooks Reconciling Accounting Software Invoicing 98

Nanonets

MAY 1, 2024

Invoicing and managing accounts payable digitally are a fact of life for business owners today, whether a small, local mom-and-pop or an eCommerce juggernaut selling thousands of dollars worth of inventory daily.  To get started, navigate to your Invoicing or Sales section of the dashboard, then click Create Invoice.

QuickBooks 52

QuickBooks Invoicing Accounts Payable Accounts Payable 52

Nanonets

APRIL 19, 2024

Invoicing, for instance, is something that every single accounting team has to learn how to manage. At its core, invoicing seems simple: a vendor provides goods or services, details the items provided, and sends a bill to the customer (AKA an invoice). With Xero, invoice creation and every task following are much easier.

XERO 52

XERO Invoicing AR AP 52

Nanonets

MAY 31, 2023

One significant activity in Accounts Payable (AP) processes is Invoice Matching. Using innovative technologies and automated toolsets can optimize invoice matching to provide extra leverage and value to a business. What is Invoice Matching? The vendor then raises the invoice for payment clearance. What is a Deviation?

Invoicing 52

Invoicing Purchase Order AP Invoice Processing 52

Nanonets

NOVEMBER 11, 2024

Conversion to Customer PO in NetSuite : Upon approval, the quote information—products, quantities, pricing—flows from Salesforce to NetSuite, creating a customer PO in NetSuite. Billing and Revenue Recognition : The finalized order in NetSuite generates an invoice, updates revenue records, and initiates billing for the customer.

Data Entry 52

Data Entry AR Billing Purchase Order 52

Invoicera

AUGUST 16, 2023

Ever Puzzled over an invoice and wondered how it all works? Invoices play a key role in business transactions, ensuring we get paid on time. You need to know the ins and outs of the invoice payment process to make the most of them. Ready to become an invoice pro? What is an invoice? You are in the right place.

Invoicing 52

Invoicing Record Keeping Reconciling Billing 52

Less Accounting

DECEMBER 1, 2023

Highlight any inaccuracies or missing information. Reconcile Accounts You won’t get far if your books aren’t up to date. Take the time to reconcile bank statements, credit card statements, and any other financial accounts. How’s your accounting and invoicing software performing?

Accounting 105

Accounting Accounting Bookkeeping Budgeting 105

Nanonets

JUNE 27, 2024

Why is it Important to Reconcile your Bank Account? Reconciling the bank statement involves comparing the company's internal financial records or ledger to the bank statement received via the bank. Knowing your actual financial position allows you to make informed decisions. How do you reconcile your bank statement?

Reconciling 40

Reconciling Bank Reconciliation Deposits Accounting 40

Invoicera

MARCH 26, 2024

Introduction Ever Puzzled over an invoice and wondered how it all works? Invoices play a key role in business transactions, ensuring we get paid on time. You need to know the ins and outs of the invoice payment process to make the most of them. Ready to become an invoice pro? What is an invoice?

Invoicing 52

Invoicing Purchase Order Record Keeping Reconciling 52

Gaviti

DECEMBER 20, 2022

Information silos are one of the biggest thieves of efficiency at companies worldwide. Ultimately, this data falls out of sync, and some departments never get access to invaluable information that could help them make better decisions. This includes everything from customer databases to invoicing software or APIs.

Account Receivables 98

Account Receivables Accounts Receivable Accounts Receivable Data Entry 98

Invoicera

DECEMBER 19, 2023

Introduction Have you ever found yourself juggling incomplete payments on your invoices? Imagine sending out a substantial invoice for a project, eagerly anticipating the full payment to fuel your operations, only to receive a fraction of the expected amount. ” In this case, the right tool is an invoicing solution like Invoicera.

Invoicing 52

Invoicing Reconciling Budgeting Financial Reporting 52