Art of Accounting: Perception vs. reality for tax audit fees
Accounting Today
JANUARY 13, 2025
Delivering an invoice for any service, including a tax audit, is a marketing activity, and it cannot be assumed that the client understands the value.
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Accounting Today
JANUARY 13, 2025
Delivering an invoice for any service, including a tax audit, is a marketing activity, and it cannot be assumed that the client understands the value.
Xero
JUNE 19, 2024
Earlier this year we communicated that we’ll be retiring the older version of our invoicing product – classic invoicing – on 2 September 2024. Does new invoicing support repeating invoices? Yes, new invoicing supports repeating invoices. In this tab, you’ll also find all current repeating invoices.
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How To Overcome Change Fatigue In Finance With Neuroscience-Backed Strategies
Protect What Matters: Rethinking Finance Ops In A Digital World
Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future
Your Accounting Expertise Will Only Get You So Far: What Really Matters
Xero
JANUARY 29, 2024
We’ve had two versions of our invoicing feature for a while now — classic invoicing and new invoicing. The new version is built on the latest technology and features time-saving tools that make it easier to customise your invoices and simplify the way you get paid. It’s really easy to make the switch.
How To Overcome Change Fatigue In Finance With Neuroscience-Backed Strategies
Protect What Matters: Rethinking Finance Ops In A Digital World
Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future
Your Accounting Expertise Will Only Get You So Far: What Really Matters
Xero
DECEMBER 4, 2024
Complete year-end compliance work faster with Caseware Caseware is a Canadian-born, global provider of audit, financial reporting and data analytics solutions for accountants and bookkeepers. It’s all part of our work to make life better for people in small business and their advisors across Canada.
Xero
OCTOBER 31, 2022
Invoicing is one of the most critical parts of running a business or practice. That’s why we’re committed to providing you with a smart and simple way to create and send an invoice, so you can work more efficiently, get paid on time and give your customers a better experience. New Xero customers will default to new invoicing.
Counto
NOVEMBER 2, 2024
Invoices in Audits: What Every SMEs in Singapore Should Understand As a small business owner in Singapore, navigating the complexities of financial management can be daunting. Among these complexities, understanding the role of invoices in audits is paramount. Click here to learn more.
Xero
JANUARY 31, 2023
Using technology to manage invoicing is one way to help businesses get paid on time, which may explain why invoicing remains one of our most loved features. For a while now, Xero has had two invoicing experiences: the older version (known as ‘classic’ invoicing) and ‘new’ invoicing. I like the layout of it.
Accounting Today
JUNE 5, 2025
Walking through the actual processes of how a business operates — how invoices and bills are created, how the AP and AR cycle functions — has been one of the most impactful components of the program. By Michael Cohn 11h ago Audit Auditors' pessimism about economy surges Audit partners pessimism about the U.S.
Compleatable
MARCH 17, 2025
Keeping costs under control is a priority, but many schools dont realise how much their current invoice processing methods are draining their budgets. Manual invoice handling is still common in education, yet it comes with hidden costs, errors, and inefficiencies that can have a serious impact on financial management. They waste money.
Accounting Today
JUNE 13, 2025
Invoice Cloud releases AI Report Generator robu_s - stock.adobe.com InvoiceCloud , a provider of online billing and payment services, introduced an AI Report Generator, a new tool designed to provide utility, government and insurance billers with real-time reporting using natural language processing.
Accounting Today
JUNE 6, 2025
Wolters Kluwer releases AI audit documentation solution Wolters Kluwer HQ Wolters Klower announced TeamMate+ AI Editor, a generative AI writing engine designed to enhance the quality of audit documentation with data protection and safeguards.
oAppsNet
DECEMBER 17, 2024
Conducting an accounts payable (AP) audit is critical in ensuring your business’s financial health and integrity. An effective AP audit helps identify inefficiencies, discrepancies, fraud, and opportunities for process improvement. What Is an Accounts Payable Audit? Here are the key steps involved: 1.
Compleatable
JUNE 2, 2025
Here are three quick wins AP automation can offer you and your finance team: Less Time Chasing Invoices, More Time Managing Financials If your current invoice process looks something like this: Emails arrive to your inbox, PDFs are printed, downloaded and shared in varied ways. or Wheres that invoice gone? Fewer mistakes.
Invoicera
NOVEMBER 14, 2024
Managing invoices in financial services is no walk in the park. It’s not just about sending an invoice; it’s about doing it with precision, ensuring compliance, and, of course, making a good impression on clients who expect absolute professionalism. billion in 2023 to a whopping $18.08 billion by 2032.
Accounting Today
JUNE 16, 2025
Accountants manage a high volume of sensitive information daily, covering everything from client tax details and payroll reports to audit documentation and financial disclosures. Together, these two elements serve as the backbone of reliable financial reporting, timely filings, and successful audits.
oAppsNet
DECEMBER 3, 2024
It involves managing vendor invoice payments and ensuring your company’s financial health. This is where an accounts payable audit becomes crucial. An AP audit ensures that your company’s payment processes are accurate, compliant, and efficient. What Is an Accounts Payable Audit? These elements include: 1.
Trade Credit & Liquidity Management
MAY 29, 2025
With over 100 countries mandating its use, e-invoicing has transformed billing practices worldwide. Initially seen as a simple cost-saving measure, such as emailing PDF invoices, e-invoicing has evolved into a sophisticated system requiring structured data formats and strict tax compliance.
Invoicera
JANUARY 15, 2025
This quote rings especially true when it comes to global invoice taxation. The good news is these invoicing mistakes are avoidable. This blog will explore avoiding these common mistakes and simplifying your global invoice taxation process. “Like mothers, taxes are often misunderstood, but seldom forgotten.”
Compleatable
JUNE 13, 2025
Orders fly in, approvals get stuck, invoices pile up, and matching them to purchases can feel never-ending. Whether it’s sticking to budgets, preparing for audits, or answering to governors, you need a solid grasp on spending. Make Compliance a By-Product, Not a Burden Nobody loves preparing for an audit, but automation makes it easier.
Nanonets
MAY 23, 2025
They are also 10% more likely to receive full payment on overdue invoices. It adds another layer of AI-powered automation to your QuickBooks workflows, enabling you to automate information capture, approval routing, and invoice posting. Artificial intelligence is transforming how 10 million QuickBooks customers manage their finances.
Counto
NOVEMBER 2, 2024
Effective Management of Large Numbers of Invoices for Singapore SMEs Managing a high volume of invoices can be a daunting task for small and medium enterprises (SMEs) in Singapore. However, with the right strategies and tools, businesses can streamline their invoicing processes and improve efficiency.
Invoicera
APRIL 11, 2025
Businesses that operate in different countries must overcome major challenges with global invoicing to ensure compliance and efficient invoice management. Thats where a global invoicing calculator steps in. The invoicing calculator is an innovative blend of simplicity and tax compliance automation.
oAppsNet
JANUARY 2, 2025
One of the most critical aspects of economic vitality is efficiently managing the invoice-to-cash (I2C) process. This process encompasses everything from issuing invoices to receiving payments and directly influences cash flow, profitability, and overall business performance. This accelerates the entire payment cycle.
Compleatable
OCTOBER 25, 2024
In today’s fast-paced business landscape, managing invoices manually can be cumbersome and time-consuming. Traditional methods of handling invoices lack the efficiency that today’s technology, particularly AI-powered invoice matching software, brings to the table. What is AI-Powered Invoice Matching Software?
Invoicera
NOVEMBER 26, 2024
Let’s be honest: invoicing can be a headache. So why does invoicing have to be such a stressful process? Welcome custom invoicing software , which solves all your billing troubles. Are you feeling ready to leave stress behind and level up your invoicing experience? Top 10 Custom Invoicing Software Picks 1.
Cevinio
JANUARY 17, 2024
What are invoice approval workflows and how can they be optimized? A well-defined invoice approval workflow structure is a cornerstone of streamlined Accounts Payable (AP) operations. From automating approvals to pinpointing crucial triggers, we’re here to guide you through the essential steps of invoice approvals.
Counto
APRIL 20, 2025
From Invoice to Payment: How Counto BillPay Streamlines Your Entire Accounts Payable Workflow Managing reimbursements, bills, and supplier payments shouldn’t slow your business down. From capturing invoice details to securing final approvals and making payments, every step is intelligently streamlined. What Is Counto BillPay?
Compleatable
MAY 15, 2025
4) Audit Trails Are Always Ready No last-minute scramble, no missing invoices, just a clean, digital record of every transaction. If audits are smooth and stress-free, your system is working exactly as it should. This level of control is a clear sign of financial maturity.
Compleatable
JANUARY 17, 2025
Between managing budgets, approving invoices, and ensuring everything runs smoothly, it can sometimes feel like there just arent enough hours in the day. By automating processes like purchasing approvals and invoice management , you can streamline workflows, cut down on delays, and reduce errors.
Compleatable
FEBRUARY 10, 2025
According to QX Global Group , automating AP processes can cut invoice processing costs by 60% to 90% per document. Think about how many invoices your institution processes in a yearnow imagine reducing that expense by nearly 90%. Because lets be realno one works in education to spend their days processing invoices.
Cevinio
OCTOBER 31, 2023
The advantages of electronic invoicing for accounts payable Governments around the world continue to encourage digitization and push companies towards adopting financial technologies such as electronic invoicing, or e-invoicing. What is an e-invoice? What is e-invoicing or electronic invoicing?
Xero
MAY 15, 2024
Airwallex is excited to announce the release of its new Airwallex Bill Pay solution, taking hours out of paying invoices and automating the entire process in one place. Fragmented workflows: There might be multiple tools a finance team must leverage – for invoices, approvals, and payments (domestic & international).
Cevinio
DECEMBER 13, 2023
How to Safeguard AP Operations Against Invoice Fraud The rapidly growing invoice fraud risk poses a significant threat to businesses. It’s imperative to protect your organization against invoice fraud, also known as AP fraud, as a result. Understanding Invoice Fraud What is Accounts Payable Fraud?
Xero
AUGUST 14, 2024
[Coming soon] Tap to Pay [US]: Early next year, in partnership with Stripe, small businesses will be able to create an invoice and accept payment on the spot using their mobile device – perfect for businesses that are out and about.
Compleatable
MARCH 27, 2025
Purchase Order Management Ariett’s Functionality: Ariett facilitated the creation, issuance, and tracking of purchase orders (POs), ensuring all purchases were documented and authorized, providing a clear audit trail and improving supplier communication.
The Institute of Financial Operations
JULY 12, 2021
WHAT IS AN ACCOUNTS PAYABLE RECOVERY AUDIT? WHY SHOULD MY COMPANY CONDUCT AN ACCOUNTS PAYABLE RECOVERY AUDIT? Although systems are designed for accurate and efficient payment of invoices, a percentage of leakage will always occur. WHAT DOES AN ACCOUNTS PAYABLE RECOVERY AUDIT ENTAIL, AND WHAT ARE THE COSTS?
MineralTree
NOVEMBER 2, 2023
Accounts payable is a foundational function that ensures organizations maintain accurate invoices, payments, and vendor relationships, while making bill payments on time. That’s where accounts payable audits come into play. What Is an Accounts Payable Audit? Audits uncover and rectify these inaccuracies.
Compleatable
OCTOBER 3, 2024
In a significant step toward modernising the UK’s financial infrastructure, HM Revenue and Customs (HMRC) has announced a consultation on the introduction of e-invoicing for businesses and government departments. What Is E-Invoicing? Cost savings : Cutting out physical paper and postage can significantly reduce operational costs.
Ascend Software blog
JANUARY 4, 2022
AP teams are fraught with never-ending demand to close the loop on invoices, payments, and analyses.
oAppsNet
DECEMBER 31, 2024
This can involve unauthorized payments, false invoices, duplicate payments, or kickbacks. Fraudsters may create fake vendors to submit false invoices and siphon funds. Fraudsters may submit multiple invoices for the same service or product, hoping the organizations internal controls miss the duplicate transaction.
Invoicera
JANUARY 2, 2024
Introduction Have you ever been overwhelmed by stacks of paperwork, especially when sorting through invoices? Picture this: reducing your time on invoicing, eliminating manual/human errors, and getting your payments quicker. Statistics show businesses waste an average of 21 hours every week on manual invoicing processes.
oAppsNet
NOVEMBER 12, 2024
It could be an inside job—an employee creating fake vendor accounts—or an external scammer submitting phony invoices. Invoice Fraud Invoice fraud is one of the most widespread forms of accounts payable fraud. Fake Vendors : Fraudsters can create bogus vendor accounts to submit fraudulent invoices.
Accounting Tools
JULY 30, 2023
Related Courses How to Conduct a Compilation Engagement How to Conduct a Review Engagement How to Conduct an Audit Engagement What are Audit Procedures? Audit procedures are used by auditors to determine the quality of the financial information being provided by their clients, resulting in the expression of an auditor’s opinion.
Compleatable
AUGUST 11, 2023
Invoice fraud is a real and immediate threat for businesses worldwide. With the strictest measures in place to combat invoice fraud, the most diligent businesses still fall prey to fraudsters. A fake company, fake emails, and one simple key to the entire scam: some very convincing fake invoices. How did he do it?
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