AvidXchange

JANUARY 10, 2018

They’re leveraging EFT (Electronic Funds Transfer) payments with direct deposit and auto draft for subscription services. In Ardent Partners’ ePayables 2016 report , reducing processing costs was the number one focus of AP leaders. Buyers are well-adjusted in the ePayments world.

AP 40

AP Deposits Accounts Payable Accounts Payable 40

Cloud Accounting Podcast

JULY 7, 2020

So, if they don't file the returns, if the deadline doesn't stick, and it gets extended again, then clients aren't gonna turn in their paperwork, and the firm is not gonna be able to collect the cash. They gave Wirecard an unqualified audit for years 2016 through 2019, while these accounts were supposed to exist.

Tax 40

Tax Auditing Deposits Accounting 40

Cloud Accounting Podcast

JUNE 23, 2020

If you've ever tried to get your clients' Stripe, Square, or PayPal transactions into QuickBooks or Xero, you've probably pulled your hair out a few times trying to get income and fees recorded correctly so that the deposit amounts match the bank statement so you can reconcile. David Leary: [00:22:55] Is it just like you're just too busy?

QuickBooks 40

QuickBooks Computation XERO Tax 40

Cloud Accounting Podcast

MAY 18, 2020

What he did, is he- somewhere along the line, he crossed the line, and he rerouted payroll direct deposit money that was supposed to go into employees' bank accounts, and the money to pay taxes. David Leary: [00:25:01] I mean, the trouble here is you have to have the cash to deposit in people's accounts. That's what I'm not following.

Payroll 40

Payroll Billing Deposits Accounting 40