PYMNTS

FEBRUARY 20, 2020

Small business accounting platform FreshBooks recently announced an agreement to integrate with Taxfyle , a data sharing arrangement that aims to automate tax prep for small business owners. FreshBooks Inks Tax Integration Deal. Xero, Square Integrate For Faster Invoice Payments.

Account 87

Account accountant accounted small business accounting 87

PYMNTS

MAY 3, 2019

The publication reported Thursday (May 2) that the International Financial Reporting Standards will apply to organizations across 140 countries, shifting the way businesses account for their leases in financial statements.

Account 49

Account accountant accounted international accounting standards 49

PYMNTS

SEPTEMBER 26, 2019

The standards changes will impact financial figures, presentation and disclosure, as well as various financial ratios including NPA and current ratios. A similar disruption is happening in the global market with changes in the International Financial Reporting Standards, which will affect businesses across 140 countries.

accounting standards 43

accounting standards Account accountant accounted 43

PYMNTS

MARCH 6, 2019

While any change is often disruptive, the FASB and analysts noted that the adjustments ultimately aim to make accounting and reporting easier for finance professional, ad promote transparency.

Finance 55

Finance accounting standards accounting principles accounting and finance 55

PYMNTS

NOVEMBER 28, 2017

According to Kurt Rathmann, CEO and founder of SMB accounting firm ScaleFactor , the month-end close may be the traditional way of doing things, but it forces small business owners to examine data that, by the time a financial report is completed, is too old to be of much use. “The news is about 30 days old at best.”

small business accounting 45

small business accounting Account accountant accounted 45

PYMNTS

MARCH 19, 2020

Automation in small business accounting can certainly be beneficial, but when a cloud-based accounting platform remains within the confines of its own interface, there can be unexpected friction that prevents business owners from gaining real-time financial insights. ” A Waterfall Effect.

Account 62

Account accountant accounted Technology 62