Accounting Tools

APRIL 16, 2024

What is Cook the Books? To cook the books involves using accounting trickery to enhance an organization’s financial results. Several ways to cook the books are noted below. Related Articles Big Bath Creative Accounting Earnings Management Income Smoothing Managed Earnings

Auditing 74

Auditing Invoicing Accounting Accounting 74

Accounting Department

NOVEMBER 22, 2022

As the holidays approach, no business owner wants to be bogged down with accounting tasks, budgeting next year, or trying to prepare to close the books for 2022. Owning a business has many upsides to it, but one of the drawbacks for many is trying to keep track of the business's finances.

Accounting 205

Accounting Accounting Budgeting Outsourced Bookkeeping 205

Xero

JUNE 26, 2023

We launched the Xero Singapore Awards five years ago to recognise and celebrate the tremendous contribution our Xero partners make to the small business community and the accounting industry. Ledgerdary Bob & Co Medium Singapore Accounting Partner of the Year Harvest Accounting Pte.

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XERO Accounting Accounting Bookkeeping 220

Nanonets

APRIL 12, 2024

Bank Reconciliation Vs. Book Reconciliation In accounting and financial management, we encounter the terms "Book Reconciliation" and " Bank Reconciliation " These terms are often used interchangeably, leading to ambiguity regarding their meanings. What Is Book Reconciliation?

Bank Reconciliation 52

Bank Reconciliation General Ledger Reconciling Deposits 52

Accounting Tools

MAY 4, 2024

The bank balance is the balance reported by the bank on a firm’s bank account at the end of the month. What is the Book Balance? The book balance is the in-house general ledger record of the same account. Deposits in transit. Unrecorded fees.

General Ledger 40

General Ledger Bank Reconciliation Deposits Reconciling 40

Jetpack Workflow

OCTOBER 26, 2023

Podcast Summary In this episode, host David Cristillo interviews Melissa Miranda, a certified public accountant and owner of Step-by-Step Accounting. You will also learn about the structure and services offered by Melissa’s accounting firm, Step-by-Step Accounting. sign me up!

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CPA Accounting Accounting 98

Less Accounting

MARCH 26, 2024

The practice of keeping clean books for a small business not only streamlines operations but also fortifies a company’s standing with investors, creditors, and regulatory bodies. This is where the significance of having an expert ally, like Less Accounting, becomes invaluable.

Financial Records 59

Financial Records Bookkeeping Data Entry Record Keeping 59

Xero

JUNE 7, 2022

Take our word for it; a trusted accountant or bookkeeper will become your best friend at tax time. In order to stay on top of your books every month, you’ll need to keep neat records. Accounting software like Xero can streamline everything from income and expenses to assets and liabilities. . By talking to your advisor. .

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Reconciling XERO Tax Bookkeeping 264

Xero

JULY 28, 2022

Xero recently hosted Xerocon London , one of the most anticipated events on the calendar for cloud accounting leaders. We were excited to reconnect with more than 2,000 accounting and bookkeeping partners and share the latest product developments across Xero. Find out more about becoming a Xero app partner here.

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XERO Bookkeeping Reconciling Budgeting 261

Xero

APRIL 6, 2023

Our recent research found that accountants are facing a number of serious challenges, so we want to put a spotlight on their brilliant work, and their lives beyond the industry. They tell us more about the misconceptions they face, how their side projects complement their day-to-day roles, and why they love the accounting industry.

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XERO Accounting Accounting Computation 204

Jetpack Workflow

MAY 9, 2024

What you’ll learn The listener will learn about the book “How to Make a Boring Subject Interesting” and the author’s journey from being a tax professional to finding ways to resonate with clients and deliver value. This pivot was not just a career change but a mission to revitalize the accounting profession.

Tax 59

Tax Accounting Accounting 59

Cloud Accounting Podcast

FEBRUARY 23, 2024

Blake and David meet with Geoffrey Brown of the Illinois CPA Society to examine some key findings from ICPAS's recent retention report, including top reasons for turnover, where departing accountants are going, and ideas for improving work-life balance. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast?

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Accounting Accounting CPA 99

Billing Platform

FEBRUARY 20, 2024

Given the more than 1,000 accounting and finance terms , it’s easy to understand why there may be some discrepancies. Although many of the terms are self-explanatory, others such as bookings vs billings vs revenue are frequently misunderstood and used interchangeably. Let’s start with the definition of each.

Billing 52

Billing Accruals Invoicing Reconciling 52

Accounting Tools

MARCH 28, 2024

What is Balance per Books? Balance per books is the ending balance of an account that appears in the general ledger. Bank Balance The balance per books is the ending balance in the accounting records of an organization, while the bank balance is the ending cash balance in an organization’s bank account, according to its bank.

Bank Reconciliation 40

Bank Reconciliation General Ledger Deposits Auditing 40

Accounting Tools

APRIL 25, 2024

What is the Book Value of Equity? Book value is the amount that investors would theoretically receive if all company liabilities were subtracted from all company assets ; this leaves a residual amount available for distribution to investors. The book value of equity concept is rarely used as a measurement within a business.

Computation 40

Computation Financial Statements Accounting Accounting 40

Accounting Tools

APRIL 22, 2023

Related Courses Fair Value Accounting What is Book Value? The book value of an asset is its original purchase cost, adjusted for any subsequent changes, such as for impairment or depreciation. Prior to a sale transaction , there is no reason to account for any differences in value between book value and market value.

Financial Reporting 75

Financial Reporting Accounting Accounting 75

Less Accounting

APRIL 16, 2024

Every entry into a ledger or accounting software represents a piece of the company’s financial story. By regularly updating book records, a business owner can anticipate cash shortages and surpluses. Regular updates and reviews of the books can highlight inconsistencies and anomalies that may indicate fraudulent activities or errors.

Bookkeeping 59

Bookkeeping Budgeting Financial Records Bookkeeping Services 59

IMA's Count Me

OCTOBER 29, 2023

Join host Adam Larson and special guest Paul McManus , as they discuss the importance of personal branding in today's accounting and finance industry, and how it can help you stand out from the crowd. Paul is a podcast host, the author of the book “ The Short Book Formula ” and the co-founder and CEO of More Clients More Fun.

Accounting 58

Accounting Accounting 58

Insightful Accountant

NOVEMBER 14, 2023

For the next few months, accountants are fielding calls and emails with a tinge of desperation around payroll books that are a mess and reporting deadlines that seem impossible to meet. Let’s bring some peace to this process.

Payroll 88

Payroll Accounting Accounting 88

CSI Accounting & Payroll

MARCH 7, 2024

However, if you’re not very far behind, will you have to adjust some months in your books as well? At CSI Accounting & Payroll, we’ve worked with small business accounting and taxes for over 50 years. What are the signs of low-quality books? Can I just do back taxes and skip back work? Why does it matter?

Tax 52

Tax Small Business Accounting Payroll Accounting 52

accountingfly

APRIL 4, 2024

Top Remote Accounting Candidates This Week Looking for remote accountants? With our ‘ Always-On Recruiting ‘ program, you can access highly skilled and experienced remote accountants with no upfront cost. Sign up now to receive our full list of top accounting candidates available weekly!

Financial Statements 119

Financial Statements Accounting Accounting Payroll 119

SMB Accounting and Consulting

MARCH 6, 2024

Accounting operates within its own language, a system of terms and conventions that serve as the backbone of financial communication and analysis. Cash vs. Accrual Accounting Cash accounting records transactions only when cash changes hands, providing a real-time view of cash flow.

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Accruals Accounts Payable Accounts Payable Accounting 52

AvidXchange

SEPTEMBER 21, 2023

T h e I n s t i t u t e o f F i n a n c e & M a n a g e m e n t (IOFM) ’ s Finance & Accounting Appreciation Week is September 25-29, 2023. Now’s the time to order treats and circulate cards for your hard-working accounts payable (AP) team. Book an appointment to demo AvidXchange’s AP automation software.

AP 105

AP Accounting Accounting Invoicing 105

CSI Accounting & Payroll

APRIL 18, 2024

When you buy a fixed asset for your small business, how are you supposed to handle that in your books? At CSI Accounting & Payroll, we’ve worked with monthly accounting for small businesses for over 50 years. Over the years, the government has created a few methods to choose from.

Payroll 52

Payroll Accounting Accounting Small Business Accounting 52

Plooto

FEBRUARY 23, 2024

What is accounting software for midsize businesses? Accounting software is a computer program that maintains accounting books to assist bookkeepers. Capabilities of an accounting software can include recording transactions, expense tracking , reporting, reconciling, and real-time insights.

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Accounting Software Reconciling Computation Accounting 52

Nanonets

FEBRUARY 19, 2024

In this blog, we will explore the essential task of filling out receipt books, a foundational element of financial record-keeping for both small and large businesses. Documenting transactions in receipt books ensures accuracy in financial management, compliance with tax regulations, and the ability to resolve discrepancies with ease.

Record Keeping 52

Record Keeping Financial Records Tax General Ledger 52

Accounting Tools

JULY 24, 2023

Related Courses Fraud Schemes Fraud Examination Guidebook How to Audit for Fraud What is Off the Books? Off the books refers to any cash payment or receipt that is not recorded in a firm’s accounting records.

Payroll 75

Payroll Auditing Tax Accounting 75

Cloud Accounting Podcast

MARCH 26, 2024

Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? Need Accounting Conference Info? Let the listeners of The Accounting Podcast know by running a classified ad. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? Need Accounting Conference Info? DIAL (202) 695-1040.

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Auditing Accounting Accounting 67

Blake Oliver

MARCH 15, 2024

They discuss the growing trend of tech companies entering the audit space and commoditizing services like SOC 2 audits, and explore how Audit Ally aims to help accounting firms compete on price and quality by utilizing AI and machine learning. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast?

Auditing 69

Auditing Accounting Accounting 69

Accounting Tools

MARCH 30, 2023

Related Courses Business Ratios Guidebook Financial Analysis The Interpretation of Financial Statements What is the Book Value of Debt? The book value of debt is comprised of the following line items on an entity’s balance sheet : Notes payable. Found in the current liabilities section of the balance sheet.

Financial Analysis 75

Financial Analysis Financial Statements Accounts Payable Accounts Payable 75

Cloud Accounting Podcast

MARCH 18, 2024

Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? Need Accounting Conference Info? Let the listeners of The Accounting Podcast know by running a classified ad. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? Need Accounting Conference Info? DIAL (202) 695-1040.

Tax 60

Tax Accounting Accounting 60

Accounting Tools

MARCH 2, 2024

A bank balance is the ending cash balance appearing on the bank statement for a bank account. The bank balance can also be derived at any time when an inquiry is made regarding the bank's record of the cash balance in an account. What is a Book Balance? A book balance is the account balance in a company's accounting records.

Bank Reconciliation 40

Bank Reconciliation Deposits Reconciling Bookkeeping 40

Cloud Accounting Podcast

SEPTEMBER 7, 2023

Jerry draws on his decades of experience auditing public companies to respond to issues around audit quality, staff work conditions, complexity in accounting standards, and whether audits truly protect investors. He gives advice on maintaining a value-creation mindset and shares his motivation behind writing a book for young accountants.

Auditing 60

Auditing Financial Statements Accounting Accounting 60

Accounting Tools

AUGUST 6, 2023

Related Courses Closing the Books The Soft Close The Year-End Close What are Year-End Adjustments? Year-end adjustments are journal entries made to various general ledger accounts at the end of the fiscal year , to create a set of books that is in compliance with the applicable accounting framework.

General Ledger 75

General Ledger Accruals Billing Reconciling 75

Accounting Tools

MARCH 26, 2024

A business will make adjusting entries to its own cash book balance to reconcile the difference between its own balance and the balance per bank. Examples of these adjustments are to record the fees for check processing and bank overdrafts.

Bank Reconciliation 40

Bank Reconciliation Reconciling Accounting Accounting 40

Nanonets

APRIL 17, 2024

Introduction to Bank Reconciliation Journal Entries Bank reconciliation is an important process in accounting that ensures the accuracy and integrity of a company's financial records. Integrate Nanonets Reconcile financial statements in minutes Try for Free What is Journal Entry in accounting?

Bank Reconciliation 52

Bank Reconciliation General Ledger Deposits Reconciling 52