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Cygnet Infotech Updates FACE Accounting Platform

PYMNTS

Business software maker Cygnet Infotech has updated its FACE ( Financial Accounting Comprehensive and Easy ) accounting software platform, according to a published report. The update to the FACE offering comes 19 months after the offering debuted, the report stated.

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Why Cloud-Based Accounts Payable Is Make Or Break

PYMNTS

Chief financial officers are pushing for a switch to low-cost, scalable, cloud-based software solutions, and that is driving annual gross sales for the financial accounting software market above $19 billion. Sage Intacct Takes AP Automation To The Cloud.

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Accounts payable vs. accounts receivable: What are the differences?

ThomsonReuters

GAAP for accounts payable and receivable The Generally Accepted Accounting Principles (GAAP) are a set of rules specific to the United States that are designed to provide oversight for accounting practices. Is invoicing accounts payable or receivable?

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Pulling Back The Curtain On Corporate Finance Reports

PYMNTS

Corporate accounting standards are changing, with the Financial Accounting Standards Board adopting new standards in ways companies report on leases, hedging and other financial activity. In the U.K.,

Finance 55
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LeaseAccelerator, Clearlink Partner For SMB Lease Accounting Compliance

PYMNTS

Enterprise lease accounting software company LeaseAccelerator is teaming up with Clearlink Partners to help joint clients ease the administrative burden of complying with changes in lease accounting standards. The companies announced their partnership in a press release issued Wednesday (Aug.

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Xero Announces BPAY Integration, First NZ Lending Partner

PYMNTS

New Zealand-based SME accounting software Xero has made a long-anticipated announcement regarding electronic bill payment capabilities. Innes told reporters that Xero is focusing on ensuring streamlined data sharing between businesses and their accounts to more accurately and efficiently determine their cash positions.

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Small Businesses’ Biggest Lease Accounting Pitfalls

PYMNTS

New lease accounting standards are in effect for publicly traded companies in the U.S. after the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) introduced changes to the way businesses account for their outstanding leases. ” Lease Misunderstandings.

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