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Getting Paid 101: Accounts Payable and Accounts Receivable

xendoo

If you’re managing a business—and your books—you’ve probably had to learn what is accounts payable vs. accounts receivable. . Accounts payable and accounts receivable are two different sides of the same coin. What Is Accounts Payable? What Is Accounts Receivable? Accounts Receivable.

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How to Improve Accounting for a Transportation Business: 4 Essential Cash Accounts

Anders CPA

The trucking industry is a backbone for economies worldwide, but trucking business owners know well that the accounting process and practices within the industry are…dicey, at best. Accounting software is exceptionally important for transportation businesses and owner-operators alike, but it’s not going to solve every problem.

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Trucking Tax & Accounting by Mike Habib, EA Los Angeles, CA

MyIRSRelief

Tax professionals, such as certified public accountants (CPAs), EAs enrolled agents and tax attorneys, can help you navigate the complex tax laws and negotiate with the IRS on your behalf. Accounting & Bookkeeping is one of the most critical aspects of running a successful business, especially in the trucking industry.

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Today In Data: Alternative Banking, Innovation Budgets And Transportation Expenses

PYMNTS

Here are the numbers: 270 million | Number of bank accounts opened using the Aadhaar payments app, according to analyst estimates, meaning more transacting and banking is being done outside the traditional system. workforce by 2020.

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ArtisTrade Live on Lockstep

Lockstep

Connected Accounting Pioneer Provides Unprecedented Access to Mid-Market ERP Systems. Seattle, WA – (December 8, 2022) – Lockstep , the connected accounting network, today announced that ArtisTrade , a finance software provider specializing in supply chain finance, is now live on Lockstep.

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Rewriting The Future Of Supply Chain Success

PYMNTS

International cargo transportation options have become reduced as well, further complicating the situation. Criminals are sending emails that pretend to be from executives and which instruct accounts payable (AP) department employees to send funds into bank accounts that actually belong to the thieves, for example.

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Trimble’s TruckMate Kicks Accounts Receivable Into High Gear

PYMNTS

Invoices submitted for financing by freight factoring firms account for more than one third of all invoices processed for funding, the IFA said. Paper documents are far from a conducive strategy to get all players in the trucking, transport and logistics space on the same page.

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