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5 Steps to a Complete Sales Tax Filing Process

TaxConnex

Make the right decisions for your business so you can best manage compliance in a way that doesn’t overburden your finance team or put your business at risk of penalties and fees. Doing some quick research on the internet, you can find information on sales tax nexus, voluntary disclosures, sales tax calculation tools and more.

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The new breed of audit

TaxConnex

more than one in four (26.7%) top finance professionals reported seeing an increase in state sales tax audits in the past two years. In many ways, virtual audits are just like traditional audits, except audit activity takes place remotely and digitally,” reads the blog of the accounting consultancy Floqast. In TaxConnex’s recent?

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Reconciliation in Accounting: Difficulties in Reconciling the Accounts

Snyder

However, these indicators are only good when you reconcile the accounts properly. The account reconciliation process is an integral part of business, which helps to connect accounting with bank statements, records with cash, and protect the business from any discrepancies. . What is account reconciliation?

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Steps to Clean Up Accounting Records: A Checklist

xendoo

Taking steps to clean up accounting records can be a big undertaking for small business owners. You may diligently record your accounting transactions or have hired someone to take care of accounting for you. There are many reasons to have clean accounting books each month. When and Why You Need to Clean Up Your Books.

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Propel Your Organization’s Financials Using the Power of Cherry Bekaert and Sage Intacct

Cherry Bekaert

For finance leadership and teams, this requires constantly analyzing, reforecasting, rethinking new data, and determining new approaches to drive business. As a long-standing strategic partner of Sage Intacct, Cherry Bekaert has the accounting and technical knowledge necessary to implement and optimize the platform.

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Ecommerce Accounting 101

xendoo

Crunching numbers may not be your forte, but every online business needs a strong eCommerce accounting plan. This guide will cover this and more: Bookkeeping and accounting for eCommerce. Types of accounting software. How do you do eCommerce accounting? What does an eCommerce accountant do?

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Cloud-Based Accounting: Sage Intacct’s Modern Solution for Businesses

Cherry Bekaert

Accounting , fondly known as the ‘language of business,’ tells the story of how a business is performing. 1) Fast-forward to present day and the fundamental concepts performed by modern bookkeepers and accountants remain, but functionality and performance look vastly different in the age of all things digital.