TaxConnex

JULY 18, 2024

Proper documentation allows auditors to interpret and verify your financial transactions accurately. This can lead to auditors assuming transactions are taxable, or making historical projections or arbitrary assessments of taxable sales. They can provide guidance and ensure that your records meet all legal requirements.

audit 264

audit Sales Tax tax return 264

SMBAccountant

OCTOBER 21, 2020

These costs must be recorded in separate general ledger accounts to be easily identified and excluded from any billing. Bad Debt – both actual and estimated losses from uncollectible accounts receivable including collection costs and legal costs are not allowed. Most topics link directly to FAR clauses for further review.

Government 246

Government general ledger Account accountant 246

TaxConnex

JULY 9, 2024

Sales tax compliance has many moving parts, not just in the filing but in everything that goes into making sure you stay on the legal side of the jurisdictions where you have sales tax nexus. Auditors will ask for data and any replated invoices. Just remember, a lot can go wrong along the way.

Sales 264

Sales Tax Colorado tax return 264

SMBAccountant

OCTOBER 21, 2020

These costs must be recorded in separate general ledger accounts to be easily identified and excluded from any billing. Bad Debt – both actual and estimated losses from uncollectible accounts receivable including collection costs and legal costs are not allowed. Most topics link directly to FAR clauses for further review.

Government 100

Government general ledger Account accountant 100

Airbase

NOVEMBER 15, 2023

ERP/General ledger vs transaction solutions. ERP/General ledger vs transaction solutions. Auditors and reviewers can swiftly verify the accuracy and compliance of financial records, reducing the time and effort to manually gather and reconcile this data. Table of Contents FirstHeading What is AP automation?

AP Automation 130

AP Automation Technology accounts payable Accounts Payable Automation 130

Withum

FEBRUARY 6, 2023

The taxing authority auditor’s request to pull invoices substantially decreased. Consolidate operations for traditional management reporting (ex: logging into 19 separate legal entity instances and then waiting 3 hours to run all the Trial Balances, which were then exported to Excel to consolidate the numbers).

tax preparation 78

tax preparation business tax Tax general ledger 78

Going Concern

MARCH 17, 2023

creating general ledgers, organizing financial statements, and handling pricing and invoicing. In a few states in the country today, it is already legal to bet on the Oscars. So that’s not a scripted set of results, yet it is known prior to the event, and gambling is legal on the Oscars. So that’s the pitch.

Government 97

Government Gambling audit CPA 97