Counto

FEBRUARY 22, 2025

Regularly Reconcile Transactions Reconciling sales data with bank statements and payment processors prevents discrepancies. Steps include: Matching invoices with actual deposits Reviewing transaction reports for inconsistencies Ensuring marketplace fees and commissions are properly recorded 6.

Reconciling 52

Reconciling Accounting Accounting Data Entry 52

AvidXchange

DECEMBER 20, 2024

For the 2024 tax year, businesses must issue a 1099-NEC to recipients and file it with the IRS by January 31, 2025, according to the IRS. Simplified Reconciliation Automated systems can provide timely reporting and visibility into supplier payments, making it easier to reconcile accounts during tax season.

AP 52

AP Data Entry Accounts Payable Accounts Payable 52

AvidXchange

NOVEMBER 15, 2024

AvidXchange’s 2025 Trends Survey found that the percentage of businesses using mobile payment platforms (like Venmo or Apple Pay) most often to pay suppliers nearly doubled to 15% in 2024 (compared to 8% in 2023). Checks often require manual deposit, which means work hours spent visiting a bank. Since the pandemic, the U.S.

Deposits 52

Deposits Invoicing Reconciling Collections 52

Counto

APRIL 13, 2025

Year-End Payroll Adjustments in Singapore: A 2025 Guide for Small Business Owners As the year draws to a close, its not just financial reporting you need to get right payroll adjustments are just as important. Summary Year-end payroll adjustments are a critical part of compliance for employers in Singapore.

Payroll 52

Payroll Reconciling Deposits Computation 52

Counto

MAY 6, 2025

In 2025, audit fees continue to rise globally, especially for large, publicly listed firms. Big Companies, Bigger Audit Bills According to the 2025 reporting data: S&P 500 companies in the United States now pay an average of US$10.78 From calculations to tax deposits, our in-house team handles everything. Lets break it down.

Deposits 52

Deposits Payroll Auditing Reconciling 52

Counto

APRIL 13, 2025

This guide breaks down what Singapore employers need to file for Year of Assessment (YA) 2025 covering the forms, deadlines, and compliance tips to help small business owners stay on track. In 2025, this submission is done through the Auto-Inclusion Scheme (AIS) which is mandatory for most businesses. Payroll giving you headaches?

Tax 52

Tax Payroll Deposits Reconciling 52

Counto

APRIL 13, 2025

Heres a practical guide to amending submitted IR8A forms in 2025, what errors need fixing, and how to handle the process properly as an employer in Singapore. Step 2: Navigate to Submit Employment Income Records Choose Amend Employment Record and select the affected YA (Year of Assessment) in this case, YA 2025.

Payroll 52

Payroll Deposits Reconciling Tax 52