Accounting Tools

APRIL 6, 2023

Related Courses Bookkeeping Guidebook Corporate Cash Management How to Audit Cash Optimal Accounting for Cash How to Fund Petty Cash When cash is added to a petty cash fund, the basic concept is to replace the amount of any cash that had previously been disbursed from the fund.

Petty cash 40

Petty cash General Ledger Accounts Payable Accounts Payable 40

Accounting Tools

APRIL 24, 2024

Since there is no in-house evidence that the cash ever arrived, a reasonable claim can be made that the payment was lost in the mail. This issue can be detected after the fact by recording the amount of cash prior to delivering it to the cashier, and then comparing the initial record to the cashier's record of cash received.

Petty cash 74

Petty cash Deposits Auditing Billing 74

Remote Quality Bookkeeping

JANUARY 22, 2024

The word audit can be enough to elicit worry and consternation from business owners and employees alike. Of course, the purpose of an audit is not to poke and prod at one individual’s work. Of course, the purpose of an audit is not to poke and prod at one individual’s work. What Is an In-House Audit?

Auditing 52

Auditing Financial Statements Outsourced Bookkeeping Petty cash 52

Invoicera

NOVEMBER 23, 2023

Regular Audits and Updates: A reputable expense management tool conducts regular security audits and updates to identify vulnerabilities and patch them promptly. Identifying Risks: Audits help in identifying potential risks, fraud, or errors, mitigating future financial issues.

Expense Reports 99

Expense Reports Auditing Invoicing Budgeting 99

Invoicera

MARCH 6, 2024

Robust Security Measures: Prioritizing security, Invoicera employs advanced encryption, stringent access controls, and regular security audits to safeguard user data. Your Data Is Always Safe on Invoicera Get A Free Trial Book Free Demo FAQs How often should financial audits be conducted?

Expense Reports 52

Expense Reports Invoicing Billing Petty cash 52

Nanonets

JANUARY 17, 2024

Now, you might be thinking, "We've got this covered with our trusty spreadsheets and quarterly audits." Maintaining a thorough and easily accessible audit trail is essential for compliance and transparency. Audits aren't just about compliance; they are about ensuring the integrity of financial reporting.

Expense Reports 52

Expense Reports Budgeting Data Entry Auditing 52

Nanonets

JUNE 29, 2023

Top features: Single app for corporate cards, receipt scanning, and expense tracking Expensify CPA card that’s tailored for accountants Pros: User-friendly interface that makes it easier and faster to log expenses Automatic expense categorization Reimbursements sent in direct deposits to bank account Mobile app for on-the-go expense management (..)

Expense Reports 52

Expense Reports Data Entry Invoicing Budgeting 52