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Cloud-Based Accounting: Sage Intacct’s Modern Solution for Businesses

Cherry Bekaert

Accounting , fondly known as the ‘language of business,’ tells the story of how a business is performing. 1) Fast-forward to present day and the fundamental concepts performed by modern bookkeepers and accountants remain, but functionality and performance look vastly different in the age of all things digital.

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The R&D Tax Credit and Payroll-Tax Offset Swirl: It’s A Tax Treat for Qualified Small Businesses

inDinero Tax Tips

If that sounds like your business, the R&D tax credit and the payroll tax offset should absolutely be part of your tax strategy. Follow along for a brief R&D credit breakdown and how it and the payroll offset work together like a perfect chocolate and vanilla swirl. What is the Payroll Tax Offset?

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Accounts payable vs. accounts receivable: What are the differences?

ThomsonReuters

Accounts payable and accounts receivable are opposite but interconnected procedures. Together, they comprise the very basics of business and can be used to gauge financial health. When accounts payable and accounts receivable are in balance, a business can plan ahead for growth.

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Commingling Funds: How to Address the Problem and Avoid It in the Future

inDinero Tax Tips

One of the most common problems for startup founders is the commingling of funds: when you pay for personal transactions from a business account, or visa versa. You’ll reimburse yourself if you’ve used personal accounts to pay for business expenses. The solution to commingling funds is simple but tedious.

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Fraud Makes Headway Via ‘Payroll Diversion’

PYMNTS

In terms of fraud done digitally, one firm, Agari, has estimated that “payroll diversion” is “ramping up,” where HR administrators are being duped into sending payroll funds to fraudsters’ accounts. As has been reported, the audit landscape in the U.K. is dominated by four firms, among them KPMG, Deloitte, EY and PwC.

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What Can Outsourced Bookkeeping Services Do for My IT Company?

GrowthForceBlog

The day-to-day grind makes it difficult for you to find the time to focus on working on the back end of your business by making sure your financial accounts are up to date. based dedicated team that consists of a bookkeeper, staff accountant, and accounting manager…. Key Takeaways.

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Beyond Traditional Law Firm Accounting: Virtual CFO Services for Law Firms

Anders CPA

But lawyers don’t create firms because they love balance sheets, data entry and double-entry accounting. But at a certain point, they’ll grow to a size where they can’t get any further on their own — or they realize that they need more than just the latest version of some law firm accounting software. What Are Law Firm Metrics?

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