Xero

JUNE 6, 2025

Process any outstanding superannuation payments To claim a deduction on superannuation accruals submitted via Auto Super for the current financial year, super batches should be approved no later than 2:00pm AEST, 20 June 2025. If you are unsure, you can use our handy guide on how to fix a filing error in STP.

Payroll 238

Payroll XERO Tax General Ledger 238

Xero

MAY 13, 2024

Process any outstanding superannuation payments To claim a deduction on superannuation accruals submitted via auto super for the current financial year, super batches should be approved no later than 2:00pm AEST, 18 June 2024. Be sure to check that all of your pay runs have been filed to the ATO successfully using STP.

XERO 264

XERO Payroll General Ledger Reconciling 264

Accounting Tools

SEPTEMBER 11, 2023

A transaction is a business event that has a monetary impact on an entity's financial statements , and is recorded as an entry in its accounting records. A high-volume transaction, such as a billing to a customer, may be recorded in a specialized journal , which is then summarized and posted to the general ledger.

General Ledger 75

General Ledger Accruals Financial Statements Bookkeeping 75

Accounting Tools

DECEMBER 20, 2023

Transaction Entry A transaction entry is the primary type of business event for which the accountant would create an accounting entry. This type of accounting entry is used under both the accrual basis and cash basis of accounting. This type of accounting entry is used under the accrual basis of accounting.

Accruals 75

Accruals Accounting Accounting General Ledger 75

Accounting Tools

APRIL 8, 2023

Revenue has not really been earned prior to completion, so there should be no accrual prior to that point. It may be useful to create a unique general ledger account for accrued receivables, rather than using the main trade receivables account, in order to clearly show these transactions.

Accruals 40

Accruals General Ledger Invoicing Billing 40

Nanonets

SEPTEMBER 21, 2023

The essential steps of the accounting cycle include analyzing and recording transactions, posting to the general ledger, preparing a trial balance, making adjusting entries, preparing financial statements, making closing entries, and sometimes making reversing entries.

General Ledger 40

General Ledger Financial Statements Accounting Accounting 40

AvidXchange

SEPTEMBER 19, 2017

This live event, Tips & Tricks to Prepare for Year-End Close , will take place on September 21 at our new corporate campus located at the AvidXchange Music Factory. In preparation for the event, we sat down with panelist Bill Schiffli, Partner at Scale Finance, LLC. , Roll forward fixed assets: prepaid, expense accruals, etc.

Billing 52

Billing AP Accounts Payable Accounts Payable 52