Accounting Department

JANUARY 29, 2025

Differences Between FP&A and Traditional Accounting Services Traditional accounting services concentrate on documenting expenses and income to ensure a business complies with regulations and remains operational. Reports are crafted to illustrate past events and how they align with the budget.

Budgeting

Invoicera

JANUARY 19, 2025

Statistics say that in 2023 alone, the global accounts receivable automation market was valued at $3.81 Managing your business Accounts receivable and payable is tough! It is expected to grow at a rapid CAGR of 12.9% from 2024 to 2030. Cost and Time Savings As the old saying goes: “Time is money.”

Accounts Receivable

oAppsNet

JANUARY 7, 2025

If your DSO is high, you might feel forced to put off certain expenses, like buying new equipment, joining trade events, or hiring more staff. You also find out the total of your accounts receivable at the end of that period. Remember that this figure can change based on seasonality or one-time events.

Invoicing

Gaviti

FEBRUARY 27, 2025

While there are many conferences for finance professionals , there are no conferences exclusively dedicated to Accounts Receivable (A/R), several events heavily feature this topic, attracting numerous A/R professionals. Plus, these events provide opportunities to network, learn and innovate.

Accounts Receivable

Accounting Today

JUNE 13, 2025

Financial Cents introduces advanced reporting features bohlam - stock.adobe.com Accounting practice management software provider Financial Cents announced a new reporting suite to help firm owners manage their team performance, revenue generation and profitability more precisely.

Corporation Tax

Invoicera

NOVEMBER 13, 2024

Clio’s comprehensive billing reports provide a clear picture of finances, including firm-wide billings and accounts receivables. The software automatically captures time for billable events and provides a fail-safe feature called Money Finder to ensure that no unbilled time goes unnoticed.

Invoicing

Invoicera

NOVEMBER 27, 2024

Features Automated Invoicing: Automate invoicing by preparing and dispatching invoices according to specific time intervals or events. Accounts Receivable (AR) & Accounts Payable (AP): Easily organize due payments and receivables to ensure optimal money flow within the business.

Invoicing

Accounting Today

AUGUST 8, 2025

With the new bank import functionality, users can now securely connect to nearly any financial institution to import accounts payable and accounts receivable transactions, importing and matching transactions directly in CenterPoint.

CPA

Accounting Today

AUGUST 1, 2025

Commercial Direct Payments is a new card network-agnostic solution that provides accounts receivable automation for suppliers, and digital payment opportunities for buyers.

Tax

Accounting Today

JUNE 5, 2025

He induced victims to invest with his company, Chadley Capital, which would allegedly buy accounts receivable at a discount, sell them for a profit and provide consistently high rates of return. From November 2017 to December 2023, Rhew defrauded at least 117 investors of at least $24 million.

Tax

Jetpack Workflow

JUNE 19, 2025

Provides liability protection Being sued by an accounting client is fairly rare. However, in the event a client sues you for non-performance, having an engagement letter can help you make your case. Services included This should detail all services included in the accounting or bookkeeping engagement.

Bookkeeping

Trade Credit & Liquidity Management

JUNE 23, 2025

AI will constantly monitor buyers for red flags—such as deteriorating payment patterns, credit limit breaches, or market events—and send instant alerts to your team. Real-Time Risk Monitoring: Don’t wait for quarterly reviews to detect trouble. Book a demo.

Collections

Trade Credit & Liquidity Management

JUNE 10, 2025

The collectability of your accounts receivable (AR) portfolio also impacts your company’s operational and financial performance as well as borrowing capacity and costs. A triggering event has occurred, such as a broken promise to pay a past due balance. In those situations, be proactive.

Collections

Trade Credit & Liquidity Management

JULY 24, 2025

Lauderdale, FL On Our Radar The embedded finance arms race is moving to checkout — by Rachael Kennedy in Payment Expert, July 1, 2025 Capgemini to acquire WNS for USD $3.3

Accounts Receivable

Accounting Today

JULY 29, 2025

For instance, gen AI offers significant potential to reduce intensive manual interventions in common O2C activities like customer contract reviews, forecasting accounts receivable, and predicting delinquencies.

Accounting

Accounting Today

JULY 30, 2025

By Jeff Stimpson 42m ago Accounting FASB releases credit losses standard for AR and contract assets The Financial Accounting Standards Board is offering optional guidance on the measurement of credit losses for accounts receivable and contract assets.

Corporation Tax

Accounting Today

JULY 30, 2025

By Jeff Stimpson 42m ago Accounting FASB releases credit losses standard for AR and contract assets The Financial Accounting Standards Board is offering optional guidance on the measurement of credit losses for accounts receivable and contract assets.

Corporation Tax

Xero

AUGUST 7, 2024

We’re especially proud to introduce our seven event partners for this year’s Xerocon Nashville. Event Partner+ Bill BILL for Xero is a simple bill payment solution made to eliminate double entry and piles of paperwork. The post Introducing our 2024 Xerocon Nashville event partners appeared first on Xero Blog. See you there!

XERO

Billing Platform

SEPTEMBER 25, 2023

Consisting of a series of steps, the accounts receivable process refers to the money owed to a business for the purchase and delivery of goods or services. Accounts receivable (AR) provides the critical link between making the sale and receiving payment.

Accounts Receivable

AvidXchange

JUNE 6, 2022

Accounts receivable (AR) refers to the outstanding invoices a company has or the money it is owed from its clients. In your personal life, an example of Accounts Receivable would be buying a ticket to a concert or sporting event for a friend with the understanding that they will pay you back later.

Accounts Receivable

Xero

SEPTEMBER 27, 2022

Its proprietary machine-learning system can process accounts payable, accounts receivable, expenses, claims, order confirmations, shipping papers, and purchase order data of any kind. Bluesheets automates and extracts all financial data automatically, without the need for costly integrations. Register here.

XERO

Nanonets

MAY 21, 2024

Accounts receivable reconciliation is a crucial process within accounting and financial management practices undertaken regularly by a business. As transactions with customers and clients occur, businesses generate accounts receivable, which represent amounts owed to them for goods and services sold or rendered.

Accounts Receivable

AvidXchange

JUNE 6, 2022

Accounts receivable (AR) refers to the outstanding invoices a company has or the money it is owed from its clients. In your personal life, an example of Accounts Receivable would be buying a ticket to a concert or sporting event for a friend with the understanding that they will pay you back later.

Accounts Receivable

Gaviti

APRIL 18, 2024

As an assessment and diagnostic tool, it’s hard to overstate the importance of your company’s accounts receivable (AR) collections aging report. As an assessment and diagnostic tool, it’s hard to overstate the importance of your company’s accounts receivable (A/R) aging report. What Is an Accounts Receivable Aging Report?

Accounts Receivable

Nanonets

MAY 8, 2023

Try Nanonets accounting automation software to streamline all your accounting receivable processes. Start your free trial Accounts receivable (AR) is an asset on a company's balance sheet. In other words, accounts receivable is the money a company expects to receive in the future from its customers.

Accounts Receivable

Accounting Tools

MAY 15, 2023

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What is Accounts Receivable Pledging? Accounts receivable pledging occurs when a business uses its accounts receivable asset as collateral on a loan , usually a line of credit. Selling Accounts Receivable to Fund a Business

Accounts Receivable

Enterprise Recovery: Accounts Receivable

MAY 19, 2023

With the "unprecedented" events of the past few years, businesses are looking to become more efficient in all areas of their organizations. An area that is often overlooked due to its manual processes is accounts receivable. Here's how accounts receivable automation helps with cash flow.

Accounts Receivable

AP Association

MAY 1, 2019

Accounts Payable and Accounts Receivable should be friends for at least a week in our specially-dedicated AP week. Wednesday 15 th May This day is all about fun and getting past Wednesday-hump-day with a game day open to all AP professionals! Thursday 16 th May Friends for a week? Why not, in our special week!

AP

Accounting Tools

FEBRUARY 13, 2024

This journal entry needs to record three events, which are the recordation of a sale , the recordation of a reduction in the inventory that has been sold to the customer, and the recordation of a sales tax liability. A receivable is created that will later be collected from the customer. What is the Sales Journal Entry?

Accounts Receivable

Gaviti

JANUARY 10, 2023

Stress testing is a technique used by financial institutions to determine how they would fare financially in the event of an economic downturn or another emergency. Scenario-based planning is a method of cash flow management that focuses on preparing for future events. Accounts payable aging. Current accounts receivable.

Budgeting

Accounting Tools

JULY 24, 2023

Transactions A "transaction" is a business event that has a monetary impact, such as selling goods to a customer or buying supplies from a supplier. In financial accounting, a transaction triggers the recording of information about the money involved in the event. There can be many accounts, of which the most common are: Cash.

Financial Accounting

Gaviti

DECEMBER 12, 2023

Accounts payable teams also refer to this as the net operating cash cycle or just “the cash cycle.” When businesses waste resources and the accounts receivable departments drag their feet on securing payments, they tend to experience longer cash conversion cycles.

Accounts Receivable

Accounting Tools

MARCH 29, 2023

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook What is an Accounting Transaction? An accounting transaction is a business event having a monetary impact on the financial statements of a business. It is recorded in the accounting records of the business.

Accounting

Accounting Tools

JULY 25, 2023

When the customer pays for the invoice, debit the cash account for the amount of the payment and credit the accounts receivable account. In that case, issue a credit memo that reverses the amount of the sales tax liability account (and which is also a reduction of the accounts receivable asset account).

Tax

Gaviti

JULY 18, 2024

Real estate and tech bubbles, economic recessions, and other black swan events are more likely to occur as more time goes on, and must be factored into your forecast. Forcast A/R and More with Gaviti Gaviti’s accounts receivable automation solution streamlines your A/R processes and helps your team work better.

Invoicing

Nolan Accounting Center

FEBRUARY 15, 2024

What is the Accounting Equation The accounting equation is simply that a company’s assets are equal to the sum of its liabilities (including contingent liabilities) plus shareholders’ equity. Assets include cash and cash equivalents, accounts receivable, inventory, and company property, machinery, and equipment.

Financial Statements

Accounting Tools

FEBRUARY 11, 2024

Business transactions are events that have a monetary impact on the financial statements of an organization. When accounting for these transactions, we record numbers in two accounts, where the debit column is on the left and the credit column is on the right. What are Debits and Credits?

Accounts Payable