AvidXchange

JANUARY 16, 2023

That’s up from 27% of respondents in 2021. And I thought, what if we could get rid of paper invoices and make it easier on the management company and create a great audit trail? And his explanation was, this is a payables lockbox.

AP

Cloud Accounting Podcast

MAY 5, 2021

Sponsors Sage Advice: [link] Client Hub: [link] Relay Financial: [link] Show Notes 4:24 – Biden to propose tax hikes, $80B for audits of rich [link] 7:36 – U.S. Sponsors Sage Advice: [link] Client Hub: [link] Relay Financial: [link] Show Notes 4:24 – Biden to propose tax hikes, $80B for audits of rich [link] 7:36 – U.S.

Auditing

Cloud Accounting Podcast

MARCH 30, 2020

I send it to ADP to do the direct deposits, and when they shoot out those direct deposits, they're adding in that extra 1,200 bucks, or whatever the proper amount is that's from the government [crosstalk] the accounts. If you're getting audited, like, "Hey, we're gonna stop right now and not do anything."

Accounting

Cloud Accounting Podcast

AUGUST 11, 2020

Blake Oliver: [00:21:59] So, all this real-time deposits thing is getting bigger and bigger because we were just talking about this last episode. Blake Oliver: [00:37:35] Until there's a vaccine, I don't think these events resume, and that's gonna take until early 2021. I'm concerned about next year's conference season.

QuickBooks

Accounting Today

JULY 3, 2025

She deposited the refund check into a trust bank account and immediately transferred most of the balance to a separate bank account, both of which she controlled. She and her co-conspirator deposited a second fraudulently obtained $1 million refund check from the IRS, payable to the co-conspirator.

Tax

Cloud Accounting Podcast

FEBRUARY 14, 2023

in pandemic-related loans: watchdog [link] The 15 largest banks in the US [link] Football, lifeguarding, college and accounting [link] Password Managers – An Insightful Accountant Software Comparison [link] IRS more likely to audit Black taxpayers [link] Press Release- February 1, 2023: Superintendent Adrienne A.

Accounting

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

Cloud Accounting Podcast

JUNE 28, 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. Cash is easy to audit. They're faking their books."

Bookkeeping