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Avoiding holiday pay headaches this summer

Accounting Insight

Everyone, including payroll and accountancy professionals, love to take a break. Businesses are not legally obligated to give bank holidays off, and indeed many still operate on bank holidays, particularly in the hospitality, tourism, and retail sectors, when long weekends can be very busy.

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Hotel Business Insights: 4 Common Audit Challenges and How to Tackle Them

Menzies

As a result, it has never been more important to ensure that your HR and payroll teams are on top of common compliance mistakes, for example: Deductions from staff’s pay taking their effective rate of pay below the NMW (i.e The penalties imposed by HMRC have also increased in recent years, now up to 200% of any underpayment.

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Navigating the World of Bookkeeping for Marketing Agencies

Steve Feinberg

This becomes critical when clients can come from various sectors, such as healthcare and finance, and may have different payment practices or requirements that can make your accounts receivable complicated. Naturally, you’d prioritize your work for the hospital, but every month you discover that your income is less than the month before.

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147 Cloud Accounting Software Apps: The Big List

Ryan Lazanis

Connect your online accounting software to Fundbox and in a few hours, you’ll get your answer! 66) Kabbage Similar to Fundbox, Kabbage can connect with your accounting system to pull in the relevant financial data to Kabbage. Combining capital with accounting creates more options in financial management. Need it fast?

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Airbnb’s Business Travel Investment Leads B2B Funding For The Week

PYMNTS

In addition to consolidating corporate spend, Airbase links businesses with virtual Airbase Visa cards to replace physical cards, and integrates with bank and accounting systems for enhanced visibility and analytics. Chainalysis.

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