Accounting Tools

JUNE 12, 2023

Accounts Receivable Reconciling Items When the reconciliation is conducted, there may be differences between the two amounts. When to Reconcile Receivables This reconciliation process is typically conducted as part of the month-end closing activities prior to issuance of the financial statements.

Reconciling 75

Reconciling Accounts Receivable Accounts Receivable Account Receivables 75

Xero

SEPTEMBER 25, 2023

Manually setting up direct debits, chasing payers and reconciling payments across multiple systems is time-consuming. The two work easily together: once a payment is made, it is reconciled within their accounting system by simply clicking one button. They integrated GoCardless through their Xero account.

XERO 250

XERO Reconciling Accounting Accounting 250

Xero

OCTOBER 16, 2022

Xero placed #7 on the technology industry list out of 700+ nominations, and is a direct result of our teams’ labour of love on helping reconciling transactions to become a more beautiful experience. That is, by using the learnings of millions of past reconciled transactions. . Our ongoing commitment to reducing toil.

Bank Reconciliation 205

Bank Reconciliation XERO Reconciling Data Entry 205

Xero

JUNE 7, 2022

Reconcile, and reconcile again . So it gives them the flexibility to reconcile, for example, on jobs and while travelling.” . Now is the perfect time to pick up the conversation (and keep it going). To kick things off, we asked three experts to share their EOFY tips for solo operators. Don’t forget to tax plan .

Reconciling 264

Reconciling XERO Tax Bookkeeping 264

Accounting Today

SEPTEMBER 25, 2023

GTT Communications self-reported that it has difficulty reconciling data from two different systems, and overreported its income as a result.

Reconciling 189

Reconciling Financial Reporting Accounting Accounting 189

Xero

OCTOBER 3, 2023

If you’re trying to reconcile this statement line but don’t have these business names in your contact list, Xero will suggest these as new contacts, saving you precious time. So when we see names like ‘Amazon’, ‘ Transport for London’ or ‘Officeworks’, we can be pretty sure they are legitimate businesses.

Bank Reconciliation 286

Bank Reconciliation XERO Reconciling Accounting 286

Xero

MARCH 16, 2023

Continue your regular routine of reconciling your posted pay runs by scanning through Account Transactions, Gross to Net, P32 and P11 reports. By taking some time to reconcile these reports, you’ll pick up on any irregularities in accounts or employee final payment amounts, saving you rework later in this process.

Payroll 234

Payroll XERO Tax Reconciling 234

Xero

FEBRUARY 15, 2023

Step two: Review and reconcile Go to payroll settings to review all the information that impacts your payroll reporting. We know that reconciling your posted pay runs is a regular task for you, but it’s always a great idea to run your eyes down reports like pay history and leave transaction reports to make sure there are no surprises.

Payroll 222

Payroll XERO Reconciling Tax 222

Xero

DECEMBER 1, 2022

It syncs hourly, and if your Xero subscription is an Ultimate or Premium plan, you can create bank feeds for each currency you operate in, so multi-currency transactions are automatically reconciled in your chart of accounts. .

XERO 251

XERO Reconciling Purchase Order Invoicing 251

Accounting Department

MAY 4, 2023

The financial close process involves reconciling all of the company's activity over a set period of time. This process can be completed on a monthly basis, quarterly basis, yearly basis, or any other predetermined period.

Reconciling 165

Reconciling Accounts Receivable Accounts Receivable Account Receivables 165

Xero

APRIL 13, 2023

Coming soon The old CIS Payment and Deductions report will be retired on 24 April 2023 — all features from this report are now in the new CIS Contractor report (UK only) Global settings will be introduced to all other regions You’ll be able to filter tracking categories and compare two tracking categories side-by-side, without going into the layout (..)

XERO 343

XERO General Ledger Bank Reconciliation Budgeting 343

Xero

AUGUST 17, 2022

However, the job of managing invoicing can be a hassle, requiring you to juggle many tasks — tracking the status of sent invoices, chasing late payments, reconciling payments, and providing a great customer experience. . Invoices are critical to a business — they deliver the important message to customers and clients that payment is due.

XERO 208

XERO Invoicing Reconciling Invoice Processing 208

Xero

FEBRUARY 28, 2024

The solution will make it easier for small businesses and their advisors to reconcile transactions, regardless of their bank, and provide greater visibility and control over their cash flow. Small businesses will be able to avoid manual bank transfers, writing and mailing checks or entering credit card details to pay their bills.

Billing 185

Billing XERO Reconciling Financial Operations 185

Accounting Today

AUGUST 19, 2024

Many cutting-edge fintech companies, such as now-bankrupt Synapse, lack essential infrastructure to effectively reconcile transactions, track funds, and maintain visibility into ledgers.

Reconciling 133

Reconciling Bookkeeping 133

Xero

MAY 16, 2023

Reconcile your payroll accounts After processing all pay runs for the financial year, it’s important to forensically check the accuracy of your reporting. Use the Account Transactions report to identify any transactions that may have been incorrectly reconciled against your Expense Accounts.

XERO 53

XERO Payroll General Ledger Reconciling 53

Xero

NOVEMBER 15, 2022

Hubdoc is one of our most advanced tools to capture bills and receipts, get the data into Xero and easily reconcile the transaction. We’re always looking for ways to automate this process, to help you become more efficient in your business or practice.

XERO 246

XERO QuickBooks Billing Reconciling 246

Xero

NOVEMBER 2, 2022

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. . You may prefer to learn how to set up your small business in Xero through interactive webinars.

XERO 258

XERO Bank Reconciliation Data Entry Reconciling 258

Xero

MAY 17, 2022

Reconcile your accounts, comparing the Payroll Activity Summary report and the General Ledger. Use the Account Transactions report to identify if any transactions have been incorrectly reconciled against your Expense Accounts. If your totals don’t look correct, this could be due to some manual journals.

Payroll 240

Payroll General Ledger XERO Reconciling 240

Insightful Accountant

JULY 30, 2024

Attention all small business owners and accountants! Are you tired of spending countless hours manually entering data into QuickBooks? Our tutorial on QBO Banking will teach you how to take advantage of the powerful Banking Feed feature in QBs.

Reconciling 52

Reconciling QuickBooks Accounting Accounting 52

Xero

NOVEMBER 19, 2024

Today, with cloud accounting, you can securely and automatically import bank transaction data and easily reconcile it, so you have a single, up-to-date view of your transactions and cash flow. They make reconciling easy which enables you to use up-to-date information when making business decisions.

XERO 172

XERO Data Entry Bank Reconciliation Reconciling 172

Xero

MAY 24, 2023

This means you can reconcile multiple records faster while minimising errors in manual data entry. 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.

XERO 254

XERO Bank Reconciliation Data Entry Reconciling 254

Xero

MAY 13, 2024

Reconcile your payroll accounts After processing all pay runs for the financial year, it’s important to forensically check the accuracy of your reporting. Use the Account Transactions report to identify any transactions that may have been incorrectly reconciled against your Expense Accounts.

XERO 226

XERO Payroll General Ledger Reconciling 226

Xero

OCTOBER 24, 2023

It’s also important to check that your Xero transactions, accounts and inventory levels are fully updated and reconciled prior to the sale. This allows you to easily track and report on Cyber Monday sales – unlocking insights that can help inform any future business decisions.

XERO 283

XERO Data Entry Reconciling Bookkeeping 283

Intuit

SEPTEMBER 9, 2024

Reconciled bank statements monthly, maintaining accurate financial records. Reconciled bank statements and cash accounts, maintaining accurate financial records. Processed accounts payable and receivable, ensuring timely payments and collections. Prepared and submitted payroll taxes accurately and on time.

Bookkeeping 246

Bookkeeping Bank Reconciliation Certified Bookkeeper QuickBooks 246

Xero

JANUARY 12, 2023

With these plans, practice staff are in control of the accounts but may grant clients access to view data and reconcile transactions. These plans are available exclusively to accountants and bookkeepers in practice as part of our Partner Programme.

XERO 54

XERO Bookkeeping Reconciling Invoicing 54

Xero

APRIL 16, 2023

It was all paper and PDF based, so he was constantly falling into the trap of forgetting things, paying suppliers late, and trying to reconcile the numbers after a long day’s grind. Before this, JB was managing his own bookkeeping.

Invoicing 267

Invoicing XERO Reconciling Invoice Processing 267

Xero

APRIL 16, 2023

This is a really good one for us because we can take photos of receipts, then quickly upload and reconcile them in Xero. And when it comes to payments, Stripe was Olivia’s recommendation to help JCG diversify its accepted payment types (e.g. credit cards, Apple Pay). There’s also Dext , which Johnno uses for capturing data on the go.

XERO 278

XERO Data Entry Invoicing Reconciling 278

Xero

DECEMBER 7, 2022

It’s so easy to verify, reconcile and approve everything at the end of the month because it’s guaranteed that the data has been exchanged. Clients no longer have to scroll through their phones to find a blurry photo from weeks (or even years) ago or try to decipher the numbers on a faded receipt.

XERO 243

XERO Invoicing Accounting Software Reconciling 243

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. . Another compliance update we shared with advisors at Xerocon Sydney was one of our most highly requested features: payroll history.

XERO 262

XERO Payroll General Ledger Bank Reconciliation 262

Xero

MARCH 1, 2023

Parolla has now created exclusive Xero Plugins to enable preparation of VAT3 reports, as well as generating Single Euro Payments Area (SEPA) compliant payment files to pay suppliers by batch payment and reconcile multiple payments in one go, matching them to a single statement line.

XERO 259

XERO Bookkeeping Reconciling CPA 259

Xero

MARCH 26, 2023

Even as you’re busy reconciling your bank statements, AI is right there suggesting the best matches from your contacts and accounts. 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 278

XERO Reconciling Computation Billing 278

Xero

JUNE 18, 2023

That’s why we’re building a tool to help you reconcile your existing data into one single client record. Giving XPM users access to the single client record Now that we’ve rolled the single client record out to new practices, the priority for our team is making it available to existing XPM users.

XERO 225

XERO Reconciling Bookkeeping Billing 225

Reconciled Solutions

SEPTEMBER 27, 2023

We have some big news at Reconciled Solutions: I recently became a Certified Pumpkin Plan Growth Strategist! The post Why I became a Certified Pumpkin Plan Growth Strategist appeared first on Reconciled Solutions. I am now officially trained and certified to.

Reconciling 96

Reconciling 96

Xero

NOVEMBER 14, 2022

We’ll ask you to connect your XPM and Xero HQ accounts, so you’ll be ready to reconcile your client lists when our single client list is available. Here’s an overview of what’s changing in XPM and Xero HQ in the weeks ahead.

XERO 221

XERO Reconciling Bookkeeping Tax 221

Xero

NOVEMBER 15, 2022

Dext Commerce – Reconcile itemised digital commerce transactions in Xero with data from over 30 integrations including Amazon, Shopify, Stripe, PayPal, eBay, Etsy, Walmart, Square, Wix, Squarespace, Faire and more. A2X Multi supports merchants selling in multiple countries and platforms.

XERO 242

XERO Bank Reconciliation Invoicing Collections 242

Xero

AUGUST 21, 2023

It will help you: automatically calculate appropriate sales tax rates on invoices, based on the details you enter, such as location break down your sales tax report into specific states, jurisdictions and more, all in one place review how sales tax entries were recorded, or dig deeper into transactions as you reconcile, to trace any discrepancies file (..)

XERO 218

XERO Invoicing Reconciling Tax 218

Xero

AUGUST 15, 2023

When it gets to the point where they need to pay it generates a request for payment and then reconciles that with Xero so that we don’t have to do all of those things manually. When someone goes on our website and puts their name down, a record is created in the Majestri system.

XERO 226

XERO Bank Reconciliation Reconciling Accounting 226