article thumbnail

NetSuite for Government Helps State and Local Agencies Move to the Cloud for Better Efficiency

CPA Practice

NetSuite for Gover nment provides a single, integrated suite for streamlined accounting, grants management, payroll, planning and budgeting, human resource management, and more. Human Resource Management: Simplifies complex government workforce management processes by providing asingle suite to manage HR, payroll, and financials.

article thumbnail

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

ThomsonReuters

GAAP for accounts payable and receivable The Generally Accepted Accounting Principles (GAAP) are a set of rules specific to the United States that are designed to provide oversight for accounting practices. Accounts receivable are considered current assets and are listed on the balance sheet. Is billing AP or AR?