Xero

APRIL 13, 2023

Our team hit the ground running in 2023, introducing a number of exciting features to new reports that we know you’ve been waiting for — including the addition of foreign currency to new reports. Don’t forget, the older versions of our reports will be retired on 31 July 2023. Here’s a sneak peek into our plans.

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XERO General Ledger Bank Reconciliation Budgeting 329

Xero

NOVEMBER 26, 2023

In the 2023 budget announcement, Singapore’s Minister for Finance announced the GST rate will increase from 8% to 9% on 1 January 2024. Update your default rate We’ll make the new 9% rate available in Xero by 5 December 2023. Update your default rate We’ll make the new 9% rate available in Xero by 5 December 2023.

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XERO Bank Reconciliation Billing Invoicing 197

MineralTree

FEBRUARY 9, 2023

Payment and Accounts Payable Trends for Healthcare in 2023 In order to deal with healthcare AP challenges , today’s medical practices must find ways to cut costs without affecting patient care quality. Last year, invoice processing challenges/delays was the #1 AP challenge stemming from supply chain disruptions.

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AP Invoicing Accounts Payable Accounts Payable 80

MineralTree

MARCH 2, 2023

Keep reading to learn about these top challenges facing CFOs in 2023, as well as the steps leaders should take to prepare their organization and AP team for success. Recession Deloitte recently found that there is a 35% likelihood that the US falls into a recession during 2023. As a result, many teams are turning to AP automation.

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AP Accounts Payable Accounts Payable AR 83

Xero

NOVEMBER 1, 2023

Azets was a 2023 Xero Award winner for National Partner of the Year, while Russell sits on our XPAC board. It’s no surprise then that she was our 2023 Xero MVP, for her unwavering support of Xero and for the exceptional service she and her business provide to their clients. We look forward to having Russell on the panel this year.

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XERO Bookkeeping Account Bookkeeping Invoicing 207

LedgerDocs

NOVEMBER 3, 2023

Maximizing your tax return from 2023 requires some careful pre-planning and strategic decision making throughout the year. Remember that the key to maximizing your tax return is proactive planning, organizing your receipts, invoices and documents and seeking out the appropriate guidance to help you navigate your circumstance.

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Tax Collections Bookkeeping Invoicing 104

Xero

NOVEMBER 30, 2022

In the 2022 budget announcement, Singapore’s Minister for Finance announced the GST rate will increase from 7% to 8% on 1 January 2023, and from 8% to 9% on 1 January 2024. To help you do this, on 2 January 2023 we’ll be introducing a new button at the top of your Chart of Accounts page, called ‘Update to 8% defaults’.

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XERO Bank Reconciliation Billing Invoicing 177

Xero

JULY 31, 2023

Fast-forward to 2023 and small businesses are finding it much harder to make a sale. days late in March 2023. days in June 2023. days respectively in June 2023. When issuing invoices make sure it is really easy for your customers to pay you by offering multiple options. higher in Canada. y/y and 7.6%

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XERO Billing Budgeting Invoicing 227

Outsourced Bookeeping

JUNE 19, 2023

One of the most significant elements of managing a successful business is effective invoice handling. Many companies use QuickBooks , a well-known accounting programme that provides an array of tools to simplify invoice administration, to address these issues.

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QuickBooks Invoicing Outsourced Bookkeeping Bookkeeping Services 52

Future Firm

MAY 24, 2023

Here is my complete guide to emerging accounting technologies for 2023. For example, a bill includes all kinds of information such as the invoice date, due date, payment terms, nature of expense, supplier name, supplier address and more. The post Accounting Technologies: The 2023 Annual Guide appeared first on Future Firm.

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Accounting Accounting Computation XERO 98

Invoicera

JULY 3, 2023

dollars by 2023, surpassing its record peak in 2019. With such a giant industry, organizations in this niche need to have reliable invoicing systems to ensure timely payments & streamlined operations. In this blog, we’ll take a closer look at: What are custom invoices? trillion U.S.

Invoicing 52

Invoicing Billing Invoice Processing Collections 52

Xero

JANUARY 24, 2024

Late filing: if you’re late to file your GST, the penalty is $50 if you’re on the payments basis, and $250 if you’re on the invoice or hybrid basis Late payments: if you’re late to pay the amount you owe by one day, you’ll receive a penalty charge of 1% of the GST amount owed. Depending on the reason, the fines can be steep.

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XERO Record Keeping Invoicing Bookkeeping 231

Ontrack Bookkeeping

MARCH 30, 2023

Count your Stock / Inventory as at 31 March 2023 Do you hold inventory or stock? Carry out a stocktake as at 31 March 2023 to ensure your Stock / Inventory value is accurately accounted for in your end of year accounts. All copies of business bank statements showing the closing balances as at 31 March 2023. an hour to $22.70

Payroll 59

Payroll Invoicing Tax Bookkeeping 59

Gaviti

OCTOBER 23, 2023

From cash flow issues to inefficient payment processes and the inability to choose from a variety of payment methods, B2B companies face a number of challenges with regards to the timely payments of invoices. The post Top 5 Credit Bureau Companies for B2B in 2023 appeared first on Gaviti. Get a demo today.

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Budgeting Collections Accounts Receivable Accounts Receivable 97

Xero

AUGUST 21, 2023

This early version is designed for clients who primarily invoice for goods and services in Xero, operate across multiple jurisdictions, and have a mix of taxable, non-taxable, and exempt goods. We have two invoicing experiences in Xero right now: the older version (known as ‘classic’ invoicing) and ‘new’ invoicing.

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XERO Invoicing Tax Reconciling 192

Outsourced Bookeeping

OCTOBER 5, 2023

The process carried out by companies and individuals alike to reconcile both credit card statements with internal records, like your receipts, invoices, etc., The 2023 Guide to Credit Card Reconciliation Collecting Documentation: The first step would be to gather all relevant documentation. is called credit card reconciliation.

Outsourced Bookkeeping 52

Outsourced Bookkeeping Reconciling Bookkeeping Financial Software 52

Xero

DECEMBER 1, 2022

Recent research by our partner Airwallex shows that 70% of UK SMEs plan to expand into foreign markets in 2023. You can use it to: Send invoices, quotes and purchase orders. Accept payments from the Airwallex online payment gateway, payment links and Xero Invoice Payments. Receive bills and payments. FX and Transfers.

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XERO Reconciling Purchase Order Invoicing 228

Counto

FEBRUARY 5, 2024

The GST rate for transactions spanning a rate hike is determined by the payment date or the date of services performed/goods delivered, rather than the invoice date (or posting date in the respect of a reverse charge). How Should GST Adjustments Be Made for Invoices Issued After Full/Partial Performance of Services or Goods Delivery?

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Invoicing Tax Payroll Collections 98

Outsourced Bookeeping

FEBRUARY 8, 2023

As the year 2023 approaches, new accounts receivable trends and collection strategies will become increasingly important to ensure a healthy cash flow and financial stability. Automated Accounts Receivable: Automation is one of the critical accounts receivable trends for 2023.

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Accounts Receivable Accounts Receivable Account Receivables Collections 52

Outsourced Bookeeping

FEBRUARY 8, 2023

As the year 2023 approaches, new accounts receivable trends and collection strategies will become increasingly important to ensure a healthy cash flow and financial stability. Automated Accounts Receivable: Automation is one of the critical accounts receivable trends for 2023.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Collections 52

Nanonets

JUNE 22, 2023

One important aspect of financial management is invoice reconciliation. Whether you are a small business or a large enterprise, reconciling invoices is an essential process to ensure accuracy, identify discrepancies, and maintain strong financial controls. What is invoice reconciliation? Why is invoice reconciliation Important?

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Invoicing Reconciling General Ledger Data Entry 52

FundThrough

SEPTEMBER 29, 2023

Toronto, ON – September 29, 2023 FundThrough is pleased to announce it placed No. 166 on the 2023 Report on Business ranking of Canada’s Top Growing Companies. Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. FundThrough earned its spot with three-year growth of 291%.

Invoicing 105

Invoicing 105

Insightful Accountant

DECEMBER 20, 2023

Simplify, automate and humanize the process of chasing unpaid invoices for optimal accounts receivable management. Chaser is a complete accounts receivable automation software.

QuickBooks 52

QuickBooks Accounts Receivable Accounts Receivable Account Receivables 52

Nanonets

JULY 18, 2023

Text Recognition in 2023 In many companies and organizations, plenty of valuable business data is stored in documents. Unfortunately, according to statistics, 80% of all this data is embedded in unstructured formats like business invoices, emails, receipts, PDF documents, and many more. How Amazon (AWS) Textract Works?

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Invoicing Data Entry Computation Billing 98

Gaviti

FEBRUARY 13, 2023

Cut down on time, costs, and effort by learning how to improve collection of accounts receivable with these top tips for 2023: Suggestion #1: Incentivize your customers to pay sooner Many people are procrastinators, and will often wait until the last second to make their payments without any reminders.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Collections 52

Xero

MARCH 19, 2023

From devastating weather events to rising costs of living pressures, it’s been a hugely challenging start to 2023. Streamline your invoices: If you’ve been invoicing from another solution outside of Xero, you might be missing a trick. This allows you to send invoices as soon as a job is done, helping you to get paid faster.

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XERO Invoicing Data Entry Budgeting 237

Billing Platform

MARCH 24, 2023

The popularity of subscription management in 2023 touches virtually every industry that sells services and/or physical or software products – think coffee, snacks, makeup, shaving supplies, health and wellness, pet supplies, software-as-a-service (SaaS), device-as-a-service (DaaS) – virtually everything!

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Billing Collections Vendor Management Invoicing 52

Nanonets

APRIL 4, 2023

When data is not readily available, you cannot act fast, whether we talk about dealing with a complaining customer or processing a vendor’s invoice. Reduced carbon footprint Finally, operating a business in 2023 means adopting greener practices —and this is where mail automation can help, too. In 2022, 333.2

Data Entry 52

Data Entry Purchase Order Invoicing Collections 52

Xero

NOVEMBER 30, 2022

The invoice list in the Xero Accounting app (Android only) is being refreshed, making it easier for you to view and find information about your business. New customers default to new invoicing — Global. We’ve started to make new invoicing the default experience for new Xero customers. Get help within Xero — Global.

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XERO Payroll Bank Reconciliation Tax 207

AvidXchange

APRIL 18, 2023

Cost savings: AP automation software helps nonprofits save more than $7 per invoice on vendor invoice processing. LEARN ABOUT AVIDSUITE FOR MIP FUND ACCOUNTING The post 6 Nonprofit Trends Impacting Organizations in 2023 appeared first on AvidXchange. It also reduces labor costs in AP departments.

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AP Financial Operations Financial Operations Accounts Payable 52

Nanonets

MAY 10, 2023

Data entry software captures data from one data source and plugs the transformed data into the required database or software, Data entry software can automatically capture data from incoming invoices and update the paid invoice information in Salesforce. Top data entry software for advanced automation in 2023 #1.

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Data Entry Invoicing Computation Customer Service 52

MineralTree

NOVEMBER 30, 2023

This has been a major hurdle for finance departments in 2023 because many employees have switched jobs and careers due to the Great Resignation. Inflation Inflation and interest rates skyrocketed in 2023, placing additional pressure on finance departments to expand efficiency across their operations.

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AP Invoicing Budgeting Financial Operations 91

Xero

NOVEMBER 23, 2022

In case you missed it, here are some of the other key announcements and product updates we made at Xero Roadshow Singapore 2022: Our 2023 Singapore State of the Accounting Industry Report with key industry insights to help practices benchmark their business – download the report here !

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XERO Bookkeeping Payroll Invoicing 202

Xero

JULY 31, 2022

This means you won’t be able to use them from 31 July 2023. Based on customer feedback, we’ve now enabled Quotes and Purchase Orders to be added to the Receivable and Payable Invoice (Detail and Summary) reports from a checkbox within the ‘More’ button. Edit fields on an invoice after payment — Global. New features.

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XERO Payroll Purchase Order Invoicing 215

MineralTree

SEPTEMBER 28, 2023

With insights from our upcoming State of AP Report 2023 , let’s explore the importance of digital transformation for finance, the challenges faced, and the actionable steps businesses can take to improve productivity. Traditional AP has a lot of manual, paper-based processes, including invoice review, data entry and cutting checks.

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AP Invoicing Invoice Processing Data Entry 78

Jetpack Workflow

FEBRUARY 23, 2023

It links different apps, such as invoicing tools, expense tracking software, and financial dashboards, to automate tasks like creating invoices, reconciling accounts, managing payroll and project deadlines, and much more. Two popular invoice automation systems for accounting firms are Zoho Invoice and FreshBooks.

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Bank Reconciliation Data Entry Accounting Accounting 52

Gaviti

JANUARY 24, 2023

Next, we will be adding a terms of payment chart , which measures the distribution of invoices per payment terms. If you are not yet a Gaviti customer, we would be happy to show you how our platform can help streamline your invoice-to-cash flow process. Please don’t hesitate to reach out to us for more information.

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Collections Billing Accounts Receivable Accounts Receivable 52