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A Comprehensive Guide to Building an Optimal Accounting System

Basis 365

In the complex world of business, a robust accounting system supports the foundation of financial clarity and control. Whether you're a small startup or a seasoned enterprise, building an optimal accounting system requires careful planning, strategic technology integration, and unwavering commitment to financial discipline.

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Lockstep® Announces World’s First Shared Inbox Designed for Accounting

Lockstep

Designed for individuals and teams, Lockstep Inbox provides an online workspace that lets accounting join the automation revolution quickly and easily. For developers, Lockstep API is the easy, modern platform for building fintech applications that work with their customers’ accounting systems.

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Contractor Business Systems Series: Part 1 — The Ins and Outs of Government Contractor Accounting System Requirements

Cherry Bekaert

If significant system deficiencies are identified and not corrected, the DoD can impose substantial consequences, such as withholding a percentage of payment or deeming a contractor ineligible to submit bids. Table of Contents: What Are the Requirements for an Adequate Accounting System?

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Transforming GovCon Accounting with Technology

AccountingDepartment

With ever-evolving regulations and a complex accounting system to manage, the government contract (GovCon) industry has a steep learning curve for small and medium-sized contractors. However, technology has revolutionized business processes by simplifying accounting and ensuring DCAA compliance.

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Tips for Startup Accounting

Withum

As your business grows, you want to focus on continuing your growth and serving clients while having solid financial management in place. This is where outsourced accounting systems and services (OASyS) and CFO Support Services come in. Benefits of Outsourced Accounting and Finance Services.

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Accountant Vs. Controller: What's the difference?

Basis 365

Accountant Vs. Controller Controllers and accountants often share the same responsibilities and roles. A controller, however, is the more senior position responsible for managing accounting-related activities within the company. Controllers manage the accounting system of organizations.

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Top Ten: Why email makes accountants’ lives difficult

Lockstep

There’s a better way to manage accounts receivable (AR). Award-winning Lockstep® connects the world’s accounting teams to help them work better together. This creates disparate, static information that is impossible to keep track of.