CPA Practice

AUGUST 28, 2024

Forwardly Forwardly exemplifies innovation in accounting as the first B2B real-time payment solution in the USA, transforming financial management for small businesses and accounting professionals. This new feature ensures accurate, up-to-date financial records for accountants, their clients, and their vendors.

Technology 124

Technology accounting firms Account accounted 124

PYMNTS

OCTOBER 11, 2018

Corporates are gearing up to manage a whole slew of accounting standards changes in the coming years, but one of the more immediate effects involves how leases are recorded on financial statements.

Account 49

Account accounted accountant financial statements 49

PYMNTS

MARCH 6, 2019

While any change is often disruptive, the FASB and analysts noted that the adjustments ultimately aim to make accounting and reporting easier for finance professional, ad promote transparency. In the U.K.,

Finance 55

Finance accounting standards accounting and finance accounting principles 55

PYMNTS

MARCH 19, 2020

Indeed, while accounting digitization can solve many challenges, it can create new ones that impede the ROI of these technologies. Kapil Rana, president of small business cloud accounting platform HostBooks , told PYMNTS that there are several ways in which accounting software can augment its capabilities to better serve the needs of SMBs.

Account 62

Account accounted accountant Technology 62

ThomsonReuters

APRIL 6, 2023

With two different individuals handling accounts payable and accounts receivable, discrepancies can often be immediately identified and resolved due to the use of double checks on each side. Is invoicing accounts payable or receivable? Invoices collect payment after a company delivers goods or services to its customers.

accounts payable 52

accounts payable Account accounted accountant 52

PYMNTS

NOVEMBER 28, 2017

According to Kurt Rathmann, CEO and founder of SMB accounting firm ScaleFactor , the month-end close may be the traditional way of doing things, but it forces small business owners to examine data that, by the time a financial report is completed, is too old to be of much use. “The news is about 30 days old at best.”

small business accounting 45

small business accounting Account accounted accountant 45

Snyder

NOVEMBER 2, 2022

So today, Stripe can help various companies process their financial transactions, including e-commerce, online/offline retail, B2B/B2C platforms and marketplaces, SaaS, non-profits, etc. How to record Stripe fees in accounting. Another critical thing about Stripe fees is that you need to accurately reflect them in accounting.

E-commerce 52

E-commerce quickbooks Non-Profits accounting and finance 52