Billah and Associates

DECEMBER 26, 2022

Proper financial management and accounting can show the moment of truth in your business. That’s where QuickBooks vs Xero vs FreshBooks – the top three cloud-based accounting software come into play. FreshBooks FreshBooks is an overall newbie to the bookkeeping software field.

XERO 52

XERO QuickBooks Accounting Software Bookkeeping 52

Counto

NOVEMBER 13, 2024

In this post, we’ll dive into the bookkeeping basics for F&B businesses and provide valuable insights on how to keep your financial records in check, all while meeting the specific requirements of F&B businesses in Singapore. This helps them avoid waste by ensuring they only order what they need for upcoming events.

Bookkeeping 40

Bookkeeping Bank Reconciliation Financial Records Outgoing Payments 40

Billah and Associates

JULY 19, 2023

Proper bookkeeping basics practices ensure accurate financial recording, allowing you to make informed decisions and comply with legal and tax requirements. In this guide, we will explore the essential accounting principles every small business owner should know. But one aspect that should never be overlooked is bookkeeping.

Bookkeeping 52

Bookkeeping Financial Statements Accruals Bank Reconciliation 52

Nanonets

SEPTEMBER 21, 2023

This helps in maintaining accurate financial records and streamlines the payment process. Including the purchase order number on the invoice helps with financial record-keeping and payment processing. Invoices facilitate payment, keep records of accounts receivable, and help manage finances.

Purchase Order 52

Purchase Order Invoicing Financial Records Record Keeping 52

Nanonets

FEBRUARY 13, 2024

So, the question now is, how do you go about categorizing expenses in a manner that not only keeps your financial records organized but also optimizes your tax deductions? In the following sections, we'll delve into some common business expense categories that you should be tracking in your accounting software.

Accounting Software 52

Accounting Software Tax Financial Records Invoicing 52

Nanonets

AUGUST 10, 2023

Think about it: faster reimbursements, accurate financial records, and easier compliance with company and tax laws. Food and entertainment: This could include your sales team meeting potential clients for meals or grabbing tickets to a networking event. Fake or inflated claims can slip through, causing financial losses.

Data Entry 52

Data Entry Expense Reports Financial Records General Ledger 52

Invoicera

NOVEMBER 10, 2023

No doubt, historical data is necessary to assess your past performance and identify trends, but it is not enough to predict your financial future. Changes in business conditions, customer behaviors, and unexpected events can disrupt your cash flow. However, excel sheets do not offer advanced features as compared to accounting software.

Accounting Software 52

Accounting Software Account Receivables Accounts Receivable Accounts Receivable 52

Invoicera

NOVEMBER 23, 2023

This ensures that in the event of data loss or system failure, your information remains intact and accessible. Integration Capabilities : Seamless integration with various accounting software, CRM systems, and payment gateways enhances its functionality and compatibility with existing business tools.

Expense Reports 99

Expense Reports Auditing Invoicing Budgeting 99

Gaviti

SEPTEMBER 2, 2024

A/R data can be used to set triggers to send email at an appropriate time or following a certain event. This includes personalizing the messaging, the customer’s name, account number, attaching unpaid invoices, and a call to action specific to their specific situation. It also makes it easier to audit financial records.

Collections 52

Collections Invoicing Invoice Processing Financial Records 52

Gaviti

SEPTEMBER 2, 2024

A/R data can be used to set triggers to send email at an appropriate time or following a certain event. This includes personalizing the messaging, the customer’s name, account number, attaching unpaid invoices, and a call to action specific to their specific situation. It also makes it easier to audit financial records.

Collections 52

Collections Invoicing Invoice Processing Financial Records 52

Nanonets

FEBRUARY 21, 2024

QuickBooks is the accounting software of choice for millions of users , most of these being small to medium-sized enterprises. It offers a comprehensive accounting suite that promises not just to keep the books in order but to propel businesses forward with smart financial insights.

Invoice Processing 52

Invoice Processing Invoicing QuickBooks Data Entry 52

Nanonets

JUNE 18, 2024

  Food and entertainment expenses These include expenses like meals with potential clients or on-site employees and tickets to a networking event. Think faster reimbursements, accurate financial records, 100% tax, and policy compliance! These all fall under travel expenses. 

Expense Reports 52

Expense Reports Data Entry Billing Budgeting 52

Nanonets

MARCH 4, 2024

The goal of an expense reimbursement process is not just to ensure that employees are compensated in a timely and fair manner but also to maintain accurate financial records and comply with tax laws and regulations. Client Entertainment:  Maximum of $100 per person per event.

Expense Reports 52

Expense Reports Record Keeping Budgeting Data Entry 52

Nanonets

NOVEMBER 9, 2023

Sometimes, you’ll have to use multiple tools — workflow automation software, ERPs, CRMs, accounting software, inventory management systems, and more — to enable full automation of your order entry process. This not only saves time but also ensures accuracy in your financial records.

Data Entry 59

Data Entry Invoicing Customer Service Purchase Order 59

Cloud Accounting Podcast

AUGUST 3, 2020

It's gonna allow you to put in events, and transactions, which is funny because, full circle, that was one of these things where there used to be this calendar in Quicken, 25 years ago, and people could go and take this calendar and then, just put transactions they know are coming up in the future on this calendar.

QuickBooks 40

QuickBooks XERO Bookkeeping Payroll 40