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Fundbox Pay Expands To B2B Marketplaces

PYMNTS

The $24 trillion global B2B commerce opportunity, as PYMNTS readers know, is continually — and has been historically — plagued by the paper chase. In terms of payments technology and alternative lending, B2C and B2B may be respectively seen as digital versions of the hare and tortoise. focused B2B sales.

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How Virtual Cards Can Help Businesses Stay On Top Of Spend Management

PYMNTS

Some firms have better adjusted to new digital tendencies than others, especially when it comes to keeping track of B2B payments and spend management. so having a system or tool that makes it very simple to. Bringing Virtual Cards To A Virtual B2B World. data entry into our general ledger accounting system,” he explained.

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The Changing Digital Transformation Landscape of the SME Practice

Accounting Insight

Second, the tax and accounting regulatory landscape is moving quickly, and SMEs know that they need to keep pace when it comes to meeting compliance guidelines. EU member states lost an estimated €93 billion in Value-Added Tax (VAT) revenues in 2020, according to the 2022 Report on the VAT Gap released by the European Commission.

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Handling Advanced Inventory Tracking Using QuickBooks Online

SchoolofBookkeeping

Sales Tax considerations , where online are these items going to be sold, order fulfillment, as well as managing the inventory levels are just a few of the topics that really need to be unpacked before determining what is the proper way to handle that. And,oh yeah… Additional sales tax complexities ……WOOHOO!!!

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Plugging Expense Leaks With Spend Management Solutions

PYMNTS

PYMNTS research found that 42 percent of B2B payments were made via paper check in 2019, for example. You can start by choosing one primary area of pain and then look for tools that are flexible and that integrate into your accounting system,” Bachman told PYMNTS. Tax Time, and Time as a Commodity.

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Cutting Through The Accounting Jargon For Independent Contractors

PYMNTS

As one-person operations, they often lack the resources and know-how to manage professional finances in a compliant and efficient way, yet they have more complex tax, payments and cash flow management needs than the average individual. That means cutting out the jargon. “We call those things what they are. Easing The Volatility.

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Overcoming The Pre-Accounting Hurdle Of Data

PYMNTS

While an accountant may be able to access digital information about that transaction, that professional must also understand whether that purchase was for inventory (for a car dealership, for example), or whether that asset is one that will depreciate (say, if a business has procured that automobile as part of an operational fleet).

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