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How to create effective business expense reports.

Airbase

Business expense reports play a pivotal role in shaping the fiscal health and success of an enterprise. This blog explores the critical importance of these reports, delving into how they contribute to financial transparency, regulatory compliance, and the overall efficiency of business operations. Misclassifying expenses.

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10 Critical Accounts Payable Strategies for All Businesses

Basis 365

The importance of efficient cash flow management cannot be overstated for small or rapidly growing businesses. In this blog, we will delve into essential financial tactics that small businesses can adopt to optimize their accounts payable processes, with a focus on the solutions offered by Basis 365 Accounting.

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Employee management tools to help your cash flow

Xero

Our ‘Money matters’ report showed that 61% of Australian small business owners increased their prices in the last 12 months to stay ahead of rising costs and make a profit. This is a great tool to use when it comes to budgeting salaries against your revenue. 27% also had to dip into their personal savings to manage their cash flow.

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5 Questions to Ask Yourself Before Distributing Sales Tax Obligations to Other Team Members After Losing a Key Employee

TaxConnex

Losing an important member of your finance team can leave a big hole in many business processes, especially if most of your accounting functions are managed in-house. Often, budget doesn’t allow to immediately replace a lost employee. Also include a description of what information from each report is used and how. 

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Sales Tax Software vs. Service Providers: Making the Right Choice for Your Business

TaxConnex

In this blog, we will explore the key differences between sales tax software and service providers, weighing their pros and cons to help you make an informed decision that aligns with your unique business needs. Staying on top of your sales tax obligations is crucial to maintaining compliance and avoiding costly penalties.

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How small businesses can get themselves ready for Cyber Monday

Xero

This guest blog was written by the team at ecommerce accounting integration, Amaka. Consider running reports for the sales period in Xero–for example, a report that shows your sales by product for a selected date range. In 2022, Cyber Monday brought in a total of $ 11.3 In 2022, Cyber Monday brought in a total of $ 11.3

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Maximizing Marketing ROI: How to Make Data-Driven Decisions

CPA Practice

You should work to define your marketing budget annually. That alone can help identify: How to allocate your marketing budget; Where to focus your efforts on existing and new target markets and; How to prioritize marketing initiatives. Dave Sutton, founder of TopRight said, “Marketing is no longer just a creative endeavor.

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