Xero

JUNE 7, 2022

Whether you’re a sole trader, side-hustler or freelancer, understanding deductions to super and taxes – on top of running your own show – is enough to make anyone’s head spin. Take our word for it; a trusted accountant or bookkeeper will become your best friend at tax time. Reconcile, and reconcile again .

Reconciling

Xero

DECEMBER 17, 2023

Customise your Xero experience Invoice emails: Our new text editor tool enhances the emails you send with your invoices, with bold, italics and underlining options (exclusive to new invoicing) Add or edit contacts: We’ve changed the add/edit page in contacts to be a single form with tabs that act as quick links, to help you manage your contacts more (..)

XERO

Xero

NOVEMBER 2, 2022

You can also find guides on Getting your invoices paid faster , Staying on top of your cash flow , Reconcile bank accounts easily in Xero and Creating professional invoices with ease , with more topics to come. . You may like to learn about core bookkeeping jobs, from data entry to bank reconciliation, reporting and tax preparation.

XERO

Intuit

SEPTEMBER 19, 2024

Amy Hancock, Director of Hancock & Hastings Limited in Dunstable and Bedfordshire, touches on the need for incentivising innovation: ‘ Expanding tax incentives for companies that invest in AI research and development will hopefully increase innovation. Previously, a big part of accounting work involved manually reconciling data.

Accounting

Less Accounting

MAY 9, 2023

Once you’ve cleaned your bookkeeping, your business will be better prepared for growth, tax season, and investment opportunities. Download, print, or screenshot all receipts and file them physically or electronically somewhere like Google Drive. This also greatly impacts your taxes. Start by going through your email.

Bookkeeping

LedgerDocs

JULY 25, 2023

When managing the financial transactions of an individual or a business, keeping track of financial transactions is an essential step for budgeting, tax filing, and overall financial planning. Accurate Tax Filing Tax season is a busy and stressful time for bookkeepers and business owners.

Data Entry

Nanonets

JANUARY 25, 2024

Our free Bank reconciliation template provides a simple way to reconcile your cashbook with your bank statement. Hit the download button and follow our guide to learn more. <Not <Not final link> Download Free Bank Reconciliation Template Example of our Excel bank reconciliation template: How to do bank reconciliation?

Bank Reconciliation

Jetpack Workflow

AUGUST 24, 2023

Once you’ve downloaded your free templates, you can customize them with the specific client tasks you handle and never worry about missing a due date. Reconcile Cash and Receipts At the end of each day, reconcile all cash payments and payment receipts received in the general ledger to get a good idea of each client’s cash balance.

Reconciling

Earmark Accounting Podcast

MAY 17, 2024

Get practical tips from an active buyer on ensuring a smooth exit on your terms. Join us as serial acquirer Michael Ly shares an insider’s guide to preparing, pricing & selling your accounting firm. Get practical tips from an active buyer on ensuring a smooth exit on your terms.

Reconciling

Jetpack Workflow

MARCH 23, 2023

While the year-end closing process is familiar to most due to tax reporting, it’s not the only necessary period-end process a business should have. The month-end closing process is just as essential, especially if you want to avoid the headache and overwhelm of last-minute error corrections spanning months during tax seasons.

Reconciling

Nanonets

MAY 7, 2023

It's important to reconcile your credit card statements because it helps you make sure that: When it arrives, you have enough money in your checking account to pay the amount due on your statement. This is important for tax purposes and financial reporting. Why is reconciling credit cards difficult?

Bank Reconciliation

Jetpack Workflow

MARCH 21, 2023

Some advantages of using software for bookkeeping include the following: Reduces manual tasks, such as uploading bank transactions, sending invoices, and reconciling ledgers. Track, reconcile, and manage inventory. The items causing these variances are known as reconciling items. Run financial reports and data analytics easily.

Bookkeeping

Jetpack Workflow

SEPTEMBER 1, 2024

You’ll also find a free checklist template you can download and customize for your company. Tax Planning and Preparation Even though the tax deadline for the current calendar year isn’t until the following April, you can complete plenty of planning and preparation tasks before the end of the year.

General Ledger

Nanonets

SEPTEMBER 17, 2024

Tax preparation : Bank statements are valuable for tracking deductible expenses and verifying income when preparing tax returns. Accounting: For companies, bank statements are crucial for reconciling accounts and ensuring accurate financial records. Look for data entry errors on the bank statement.

Reconciling

Jetpack Workflow

MARCH 23, 2023

You’ll also find a free AR ledger template you can download to get you started. The invoice number helps track and separate each invoice and makes auditing and filing taxes easier. Free Accounts Receivable Template You can create your own AR template spreadsheet or download one. It can be a number, letters, or a mix of both.

Account Receivables

Billing Platform

JANUARY 1, 2024

5) Receive the Payment Enter the payment into the AR system to allocate funds to the invoice, then reconcile the AR ledger. 5) Receive the Payment Enter the payment into the AR system to allocate funds to the invoice, then reconcile the AR ledger.

Billing

Future Firm

AUGUST 22, 2022

Tasks with deadlines, like tax preparation, need to be logged and then assigned to team members so that you can all collaborate together. With accounting firms & tax professionals having hundreds and even thousands of tasks across the business, you’ll need more than Quickbooks Online or Xero. kinda like your tax software).

Accounting

Nanonets

JULY 21, 2023

Once approved, the reconciled data is securely stored in a centralized database, ensuring an auditable trail. It quickly matches cash outgoings and receipts, reconciles bank accounts with accounting records, and verifies totals against balance sheets, cash flow statements, and income statements.

General Ledger

Nanonets

SEPTEMBER 23, 2024

Customizing bank statement fields   Download/export the data as different file formats (CSV, Excel, Google Sheet, XML). Taxation and accounting In taxation, bank statement analysis helps verify income, track deductible expenses, and ensure accurate tax filings.

Outgoing Payments

Nanonets

OCTOBER 18, 2024

5 Tipalti Midmarket + Enterprise Global payments automation with tax compliance 4.5/5 5 Tipalti Midmarket + Enterprise Global payments automation with tax compliance 4.5/5 This forces businesses to manually reconcile POs with invoices, slowing the process and increasing errors.

AP

Jetpack Workflow

AUGUST 1, 2023

bill pay, reconciling bank accounts, tracking invoices and receipts) Tax preparation services Financial reporting Inventory tracking Accounts payable When considering which services to include in a package, focus on the ones you can standardize for any client. Download our exclusive book, Double Your Accounting Firm for free.

Bookkeeping Services

Jetpack Workflow

AUGUST 1, 2023

bill pay, reconciling bank accounts, tracking invoices and receipts) Tax preparation services Financial reporting Inventory tracking Accounts payable When considering which services to include in a package, focus on the ones you can standardize for any client. Download our exclusive book, Double Your Accounting Firm for free.

Bookkeeping Services

Nanonets

OCTOBER 18, 2024

5 Tipalti Midmarket + Enterprise Global payments automation with tax compliance 4.5/5 5 Tipalti Midmarket + Enterprise Global payments automation with tax compliance 4.5/5 This forces businesses to manually reconcile POs with invoices, slowing the process and increasing errors.

AP

IMA's Count Me

APRIL 19, 2020

Oh, I got to talk to my accountant and I talked to my tax rep, I talked to my CPA. Right now it's tax season we're having to, we're doing tax returns where, you know, if you're in public accounting you're in the grind right now. So a quick example would be tax returns. Download and listen now.

Accounting

IMA's Count Me

MARCH 22, 2020

The bots are able to reconcile accounts within a matter of moments. So in designing a PowerPoint slide, you want to put the picture on the left part of the slide to connect with the right hemisphere of the brain and the taxed on the right side connect left hemisphere of the brain. Download and listen now!

Accounting

Future Firm

SEPTEMBER 1, 2023

If you want to include mileage as a tax deduction, you have to painfully track your business trips. The problem is that you may have 100’s and 1000’s of orders then residing on these platforms with sales information (customer name, address, dollar amount, etc), the taxes charged, and the corresponding platform fees.

Accounting Software

IMA's Count Me

JUNE 7, 2020

So at the end of the month, instead of reconciling which you need to do, which is reviewing every transaction in your bank account versus what you think it is. You need to focus not on tax strategies, not on saving on cost reduction on manufacturing, if you're in manufacturing industry. You cannot do that. It's no longer feasible.

Payroll

Cloud Accounting Podcast

JUNE 23, 2020

If you've ever tried to get your clients' Stripe, Square, or PayPal transactions into QuickBooks or Xero, you've probably pulled your hair out a few times trying to get income and fees recorded correctly so that the deposit amounts match the bank statement so you can reconcile. David Leary: [00:12:44] Yeah.

QuickBooks

Cloud Accounting Podcast

JUNE 8, 2020

AccountingWEB 06:57 - Racial Disparities and the Income Tax System – Tax Policy Center 09:07 - [OC] People Killed by Police Forces (Annual rate per 10 million people) - Reddit 11:28 - Police Unions And Civilian Deaths - NPR 12:41 - The Illusion of Race-Neutral Tax Policy - ITEP 13:41 - Executive at top U.S.

Tax

Cloud Accounting Podcast

MAY 10, 2020

Paycheck Protection Program, CARES Act, unemployment insurance, furloughs, layoffs, cash flow, CDC guidance, employee safety, paid leave, tax credits - tracking all of the constantly changing COVID-19-related information for your clients is getting overwhelming. David Leary: [00:26:57] I'm trying to reconcile it versus these numbers of.

QuickBooks

Cloud Accounting Podcast

APRIL 19, 2020

After connecting your online marketplaces, AccountingSuite will download all your transactions for you to approve prior to entry into the accounting system. So, we got the tax deadline extended, so accountants and bookkeepers have some elbow room, but then basically that time got filled up with PPP loans. They could take a breather.

Payroll

Cloud Accounting Podcast

JULY 14, 2020

access to Trump taxes, blocks House – Accounting Today 33:57 – Why Doing Taxes is So Hard - YouTube Get in Touch Thanks for listening and for the great reviews! Tax Season is officially here, and I know how stressful that can be. Blake Oliver: [00:02:35] Well, it's July 12, and I just remembered that I need to do my taxes.

XERO

Cloud Accounting Podcast

AUGUST 25, 2020

Again, what this feature does is something that has been happening in QuickBooks for 20 years, which is that you can import your bank data and then create transactions while you reconcile. All right let's talk about what's going on with tax, IRS, payroll tax. million Americans are getting a tax refund interest.

Accounting

Xero

MAY 16, 2023

These requirements involve changes to details in the Employment and Taxes tabs. In Xero Payroll, all active and terminated employees (who will be included in the STP finalisation for the financial year) will need an employment type, income type and tax scale defined in their records. That’s it – you’re all organised!

XERO

Xero

SEPTEMBER 1, 2022

You can download the Stripe app from the Xero App Store. Reconcile Borderless Card expenses with Xero Expense Data. You can also download and try the DEAR app and the Cin7 app from the Xero App Store. Try Dext Prepare , Dext Commerce , and Dext Precision by downloading the apps from the Xero App Store today.

XERO

Counto

MARCH 24, 2025

Bank Feed Integration in Accounting: Why it Matters for Small Businesses If youre still downloading bank statements manually and matching transactions line by line, youre not alone but theres a better way. With bank feeds, transactions appear in your accounting system in real time, ready to be categorised and reconciled.

Accounting