Counto

MAY 4, 2024

Key Provisions: The Act outlines regulations on working hours, rest days, overtime, public holidays, sick leave, and other essential employment standards. Learn more about our accounting services here. Here’s an overview of the different work passes required based on the category of foreign talent you plan to hire in Singapore.

Payroll 52

Payroll Corporation Tax Bookkeeping Tax 52

Accounting Tools

JULY 9, 2023

Related Courses Cost Accounting Fundamentals What is the Variable Overhead Spending Variance? The formula is: Actual hours worked x (Actual overhead rate - standard overhead rate) = Variable overhead spending variance A favorable variance means that the actual variable overhead expenses incurred per labor hour were less than expected.

Budgeting 40

Budgeting Cost Accounting Accounting Accounting 40

Accounting Tools

DECEMBER 10, 2023

The costs listed on the report are usually aggregated into three categories, which are direct materials , direct labor , and allocated factory overhead. Even if it is drawn from a database of compiled costs, a cost accountant must still review it for duplicate, missing, or incorrect entries before issuing it.

Cost Accounting 40

Cost Accounting Computation Billing Accounting 40

Counto

FEBRUARY 14, 2024

This includes professionals like lawyers, doctors, and accountants, who wield supervisory or executive functions and possess authority in decision-making realms. Understanding its provisions is essential for fostering harmonious workplaces and upholding labour standards across diverse sectors.

Payroll 52

Payroll Financial Statements Accounting Accounting 52

Accounting Tools

AUGUST 1, 2023

Related Courses Activity-Based Costing Cost Accounting Fundamentals Financial Analysis What is Cost Behavior? Types of Cost Behavior The general types of cost behavior fall into three categories. For example, an Internet access fee includes a standard monthly access fee (which is fixed) and a broadband usage fee (which is variable).

Financial Analysis 40

Financial Analysis Cost Accounting Budgeting Accounting 40

Accounting Tools

MARCH 19, 2024

Asset Recognition Procedure One of the areas in which a procedure can be quite useful is for the initial recognition of a fixed asset in the accounting system , since this is a relatively complicated transaction. If not, the fixed asset accountant will do so. Match the fixed asset to the company’s standard asset class descriptions.

General Ledger 40

General Ledger Auditing Computation Accounting Software 40

Counto

JANUARY 11, 2024

The Accounting and Corporate Regulatory Authority ( ACRA ) mandates this process to ensure transparency, accountability, and compliance with the Singapore Financial Reporting Standards (SFRS). Notes : These provide explanations for critical aspects of the financial statements, such as accounting policies.

Financial Statements 52

Financial Statements AR Corporation Tax Tax 52

Counto

JANUARY 17, 2024

The specific project categories may have additional eligibility conditions. Market Access: Facilitating international ventures, mergers and acquisitions, pilot projects, standards adoption, and more. Companies should have a reasonable turnover over the past three years, with audited accounts required during the grant application.

Financial Statements 52

Financial Statements Auditing Billing Accounting 52

Nanonets

JANUARY 17, 2024

Also, we will describe the steps of creating an expense report, types of expense reports, categories of expense reports, and finally see how we can automate expense report generation using automation and artificial intelligence. It includes a date, vendor name, client name, account details, total amount, subtracted amount, etc.

Expense Reports 52

Expense Reports Budgeting Account Reconciliation Accounts Payable 52

Nanonets

APRIL 6, 2023

In this article, we’ll cover why image recognition matters for your business and how Nanonets can help optimize your business wherever image recognition is required. Finance & accounting : Companies spend a lot of manual effort in tracking, recording and validating financial transactions. What is image recognition?

Collections 52

Collections Invoice Processing Computation Invoicing 52

Accounting Tools

JULY 13, 2023

Related Courses Accounting for Inventory Cost Accounting Fundamentals What is Full Costing? This type of costing is required for financial reporting under several accounting frameworks , such as Generally Accepted Accounting Principles and International Financial Reporting Standards , as well as for income tax reporting.

Financial Reporting 40

Financial Reporting Cost Accounting Financial Statements Collections 40

Remote Quality Bookkeeping

JUNE 19, 2023

This article will explore some of the most common expenses related to running a small business and how you should categorize them when trying to get an accurate picture of the expense side of your business. You could be spending significantly more on this expense category during busy times.

Bookkeeping 52

Bookkeeping Budgeting Tax Payroll 52

Remote Quality Bookkeeping

JUNE 19, 2023

This article will explore some of the most common expenses related to running a small business and how you should categorize them when trying to get an accurate picture of the expense side of your business. You could be spending significantly more on this expense category during busy times.

Bookkeeping 52

Bookkeeping Budgeting Tax Payroll 52

Nanonets

FEBRUARY 15, 2024

They send out Requests for Information (RFI) to gather initial data on suppliers' capabilities and compliance with industry standards. Objective: To collect preliminary information on each supplier's capabilities, certification, and compliance with safety and environmental standards.

Purchase Order 52

Purchase Order Invoicing Budgeting Collections 52

Counto

JANUARY 10, 2024

XBRL Filing for Companies in Singapore In Singapore, companies are required to file their financial statements in XBRL (eXtensible Business Reporting Language) format with the Accounting and Corporate Regulatory Authority (ACRA). The type of accounting standard used to prepare financial statements (SFRS, SFRS for SE, etc.).

Financial Statements 52

Financial Statements Microsoft Excel Financial Reporting Data Entry 52

Intuit

NOVEMBER 20, 2023

CPA Requirements by States Available Career Opportunities at Intuit for CPA Entry-Level CPA Jobs Are you ready for an exciting new career as a Certified Public Accountant (CPA)? That’s what we will discuss in this article. CPA stands for Certified Public Accountant. They also experience a very high level of job security.

CPA 130

CPA Bookkeeping QuickBooks Tax 130

Jetpack Workflow

SEPTEMBER 21, 2023

When you’re already busy running a growing accounting firm, you probably don’t need another article covering the essential accounting tools every firm needs. However, using client accounting services (CAS) software may be helpful as you scale your advisory business.

Accounting 59

Accounting Accounting Billing QuickBooks 59

Compleatable

MARCH 15, 2023

B) Under paragraph 3 of Article 28 to the General Data Protection Regulation (EU Regulation 2016/679, GDPR) the Customer is required to put a written agreement in place with any organisation which processes Personal Data on its behalf governing the processing of that data. (B) OPERATIVE PROVISIONS 1 Definitions and Interpretation 1.1

Collections 100

Collections Auditing Accounting Accounting 100

Nanonets

JUNE 17, 2023

Account reconciliation is a critical process in accounting, which ensures that financial records are accurate and consistent. This article will provide an in-depth understanding of account reconciliation, its benefits, and how businesses can leverage technology to automate the process. What is Account Reconciliation?

Account Reconciliation 52

Account Reconciliation General Ledger Accounting Accounting 52

Nanonets

MAY 31, 2023

By implementing an effective spending approval process, however, businesses can achieve transparency, accountability, and better decision-making, ultimately moving toward financial integrity and stability while driving growth. This holds individuals accountable for their spending choices and promotes a culture of financial responsibility.

Budgeting 52

Budgeting Purchase Order Accounting Software Accounting 52

Nanonets

JANUARY 17, 2024

That's why in this article, we're donning our investigative caps and diving deep into the world of workflow automation. Let's embark on this adventure together, discovering those platforms that promise to keep your workflows automated and your bank account in the green. Why find a Zapier Alternative?

Budgeting 52

Budgeting Payroll Collections Billing 52

Accounting Tools

SEPTEMBER 21, 2023

Similarly, a hotel might offer its customers an upgrade to a suite from its standard room. Use Incremental Cost Analysis Revenue management also takes into account the incremental costs associated with each sale. Related Articles Pricing Strategies Second-Order Revenue The Difference Between Margin and Markup

Accounting 40

Accounting Accounting 40

Accounting Tools

AUGUST 31, 2023

The time period over which cash flow is tracked is usually a standard reporting period, such as a month, quarter, or year. The bulk of all cash flows will likely be reported within this category. A key source of cash flow uncertainty is the timing of cash receipts from accounts receivable. What Causes Cash Inflows?

Accruals 75

Accruals Financial Statements Accounts Payable Accounts Payable 75

IMA's Count Me

APRIL 11, 2021

Sean Stein Smith: [link] Institute for Blockchain & Cryptoasset Research: [link] Bitcoin Is Hitting All Time Highs – How Are Organizations Accounting For It?: link] FULL EPISODE TRANSCRIPT Mitch: (00:00) Welcome back to Count Me In , IMA's podcast about all things affecting the accounting and finance world.

Accounting 40

Accounting Accounting AR / AP AR 40

Nanonets

DECEMBER 11, 2023

Content Interaction Scoring Description: Leads are scored based on the type and depth of content they interact with, such as blog articles, whitepapers, or videos. This record includes all relevant details from the customer's message, such as customer ID, issue category, and urgency level.

QuickBooks 52

QuickBooks Budgeting Invoicing Purchase Order 52

Accounting Tools

JUNE 19, 2023

Employee Due Diligence Checklist Types of Employees Obtain information about the number of employees in the various functional areas of the company, such as production, materials management, accounting, treasury, and so forth. Questionable Expenses Review certain expense accounts for questionable expenditures.

Financial Statements 73

Financial Statements Auditing Tax Accounts Payable 73

IMA's Count Me

OCTOBER 25, 2020

Contact Neta Meidav: [link] Vault: [link] FULL EPISODE TRANSCRIPT Adam: (00:05) Welcome back for episode 94 of Count Me In , IMA's podcast about all things affecting the accounting and finance world. I'm your host, Adam Larson, and today I'll be bringing you right up to a conversation between my cohost Mitch Roshong and Neta Meidav.

Collections 40

Collections Accounting Accounting 40

Accounting Tools

JANUARY 18, 2024

The term also refers to a list of all current employees, along with their standard compensation amounts. Payroll is typically the largest single category of expense in a services firm, and is a major expense in most other organizations.

Payroll 40

Payroll Auditing Accounting Accounting 40

IMA's Count Me

OCTOBER 9, 2022

Links mentioned in today's Podcast: [link] [link] [link] Connect with Mark: [link] [link] [link] [link] Full Episode Transcript: Adam: Welcome back to Count Me In, the podcast focused on the issues, challenges, and characters shaping the management accounting profession. There are a number of categories of questions you want to ask.

Accounting 40

Accounting Accounting Management Accounting 40

Nanonets

FEBRUARY 6, 2024

It's a crucial step in the intercompany accounting process and for preparing a consolidated statement for financial reporting. For enterprises, the traditional accounting process can cost millions of dollars and take 2-4 weeks to finalize! Streamline your intercompany reconciliation by standardizing tools, rules & processes.

General Ledger 52

General Ledger Financial Statements Reconciling Collections 52

Jetpack Workflow

MARCH 21, 2023

While accounting software has significantly helped businesses manage bookkeeping tasks, not every business can afford the subscriptions, let alone the cost of training and retaining a bookkeeper to enter and maintain data in the software. In this article, we will help you identify whether spreadsheets are an ideal choice for you.

Bookkeeping 52

Bookkeeping Bank Reconciliation Reconciling Accounting Software 52

Future Firm

AUGUST 22, 2022

Looking for the best accounting practice management software for your firm? Good news, because this is the ULTIMATE accounting practice management software round-up post. Get to know the top accounting practice management software and why it is essential for your business. The Basics of Accounting Practice Management Software.

Accounting 105

Accounting Accounting QuickBooks Accounting Software 105

Future Firm

APRIL 4, 2022

Do you want to know how to start a bookkeeping business or accounting firm in 2022? In fact, these are the very steps that I followed to help take my heavily bookkeeping-focused accounting business from scratch to sale in only 5 years. You pick the date that makes the most sense for you and your accounting firm.

Bookkeeping 98

Bookkeeping Bookkeeping Services XERO QuickBooks 98

Accounting Tools

JUNE 20, 2023

Classified Balance Sheet The classified balance sheet format presents information about an entity's assets, liabilities, and shareholders' equity that is aggregated (or "classified") into subcategories of accounts. It is useful for constructing trend lines to examine the relative changes in the size of different accounts.

Financial Statements 40

Financial Statements Accounting Accounting 40

NextProcess

MAY 28, 2023

Take Accounts Payable as an example. Business process automation (BPA) software/workflow for Accounts Payable (AP) works with an ERP to add and enhance functionality or configuration capabilities your company or organization may need. Our Accounts Payable software solution doesn’t replace the ERP. Each company is unique.

AP 52

AP Accounts Payable Accounts Payable Purchase Order 52

Remote Quality Bookkeeping

JUNE 12, 2023

In this article, find the top scams you should beware of in this fast-growing digital world to keep yourself and your money safe. Usually, the texts sound like “your account has been blocked.” An Online Account “Help” Fraudsters offer to “help” tax filers in setting up their IRS online account at irs.gov.

Tax 52

Tax Bookkeeping Payroll Accounting 52

Remote Quality Bookkeeping

JUNE 12, 2023

In this article, find the top scams you should beware of in this fast-growing digital world to keep yourself and your money safe. Usually, the texts sound like “your account has been blocked.” An Online Account “Help” Fraudsters offer to “help” tax filers in setting up their IRS online account at irs.gov.

Tax 52

Tax Bookkeeping Payroll Accounting 52