Remove blog accounting how-post-entries-to-general-ledger
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Balancing automation and compliance in expense reporting

Xero

This guest blog post was written by the team at financial management app, Expensify. By using eReceipts, you can eliminate the need for manual data entry and reduce the likelihood of errors. Finding the right balance between automation and compliance in any business process can be challenging.

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A personal note from Xero’s new CEO

Xero

My view of entrepreneurship was formed at a very young age when I helped my parents (who were doctors running their own medical practice) hand complete their general ledger and file their taxes year after year. There is always room for improvement and we’d love to hear from you about how we can make Xero even better, together.

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What are APIs and how can they streamline tax provision calculations?

ThomsonReuters

What are APIs and how do they work? For example, if two programs want to exchange data, they must define how the data will be formatted and how it will be sent. The software streamlines the tax provision process, reducing the time and effort required for manual data entry and calculations. APIs have rules.

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App partner of the month: EzzyBills

Xero

Co-founder, Michael Fitzmaurice, gave us the lowdown on how EzzyBills came to be, how it connects into your Xero workflow, and some of the feedback they’ve got from their customers. Before subscribing to an app like ours, most businesses entered all their supplier data into their accounting software manually,” Michael explains.

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

ThomsonReuters

Accounts payable and accounts receivable are opposite but interconnected procedures. When accounts payable and accounts receivable are in balance, a business can plan ahead for growth. What is the difference between accounts receivable and accounts payable?

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Technology is Enabling Centralized Global Statutory Reporting

ThomsonReuters

Multinational enterprises (MNEs) began using centralized shared services centers three decades ago to standardize and improve efficiency in back-office functions such as finance & accounting, human resources, and IT. Tax & Tech Talks: How to Achieve Global Statutory Financial Compliance. Watch the entire episode.

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App Partners of the Month: Xerocon New Orleans 2022 special edition

Xero

Xero recently hosted Xerocon New Orleans , one of the most anticipated events on the calendar for cloud accounting leaders. We were excited to reconnect with hundreds of accounting and bookkeeping partners in the United States and Canada, and share the latest product developments across Xero, three years on from Xerocon San Diego in 2019.