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Intuit debuts AI agents for QuickBooks

Accounting Today

In the months ahead, Intuit plans to debut more AI agents for larger growing businesses to tackle more complex tasks: Payroll Agent: Proactively collects time and attendance data from employees and runs payroll when needed. All rights reserved. The company demonstrated the products at an event in New York this week.

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Introducing our 2024 Xerocon Nashville event partners

Xero

Avalara Avalara helps businesses of all sizes get tax compliance right, no matter where in the world they run their business. Dext Dext provides bookkeeping automation tools that help small businesses and their advisors collect, organize and record financial transactions.

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15 Accounting Innovations for Every Accountant

Intuit

Enterprise resource planning (ERP) and tax system integrations break down data silos across departments, helping firms scale while maintaining visibility into cash, revenue, and risk. From categorizing expenses to reconciling accounts and forecasting trends, artificial intelligence does the heavy lifting at scale and without human error.

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5 Common Challenges Faced by A/R Teams That Can Be Overcome Through Automation

Gaviti

Too Much Time Spent on Manual Repetitive Collection Tasks Many businesses still rely on manual processes to manage their accounts receivable and get things done, even though these tasks can be automated. Although there are tax benefits of writing off bad debt, it still negatively impacts the company’s bottom line. Get a demo today!

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Bookkeeping vs. Accounting: Here’s how they differ

Intuit

Account management: They manage accounts payable and receivable, process invoices, reconcile accounts, and ensure timely payments and collections. Payroll processing: Bookkeepers may handle payroll functions, calculating salaries, deductions, and taxes. Looking for an accounting or bookkeeping job?

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How to write a bookkeeper resume: Examples and tips

Intuit

Processed accounts payable and receivable, ensuring timely payments and collections. Reconciled bank statements monthly, maintaining accurate financial records. Prepared and submitted payroll taxes accurately and on time. Reconciled bank statements and cash accounts, maintaining accurate financial records.

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A Comprehensive Guide for IRS Business Tax Extension

CapActix

However, it is not as easy and businesses grapple with accurate tax filling. The major factors that increase complexities include the constantly changing tax laws, financial obligations, and tight deadlines. Undoubtedly, it is essential to ensure that taxes are filed correctly and on time for smooth business operations.

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