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How to create effective business expense reports.

Airbase

Business expense reports play a pivotal role in shaping the fiscal health and success of an enterprise. This blog explores the critical importance of these reports, delving into how they contribute to financial transparency, regulatory compliance, and the overall efficiency of business operations. Types of expense reports.

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Refresh Your Finances: Spring Clean Your Bookkeeping to Prep for Your Next Fundraiser

Shay CPA

With that in mind, our team of expert tech startup bookkeepers and accountants put our heads together. Organize according to GAAP If you’ve been following our blogs, you’ve probably seen this come up before. Organize according to GAAP If you’ve been following our blogs, you’ve probably seen this come up before. based companies.

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2024 Tech Company Tax Tips

Shay CPA

The ability to take the deduction in the year spent went away on December 31, 2021, so as you’re doing your 2024 taxes, this needs to come into play. As of the publication of this blog post changes to the rules of Section 174 are being considered in Congress with initial legislation passing in the House of Representatives.

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Handling Advanced Inventory Tracking Using QuickBooks Online

SchoolofBookkeeping

Advanced Inventory Tracking inventory Using QuickBooks Online For years the outcry from the accounting community has been “QBO doesn’t track inventory” and when QBO was first unveiled (circa 2000), that was 100% accurate. The basic idea is that of a reseller of goods. Think of a retail establishment.

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A short guide to Making Tax Digital for hospitality

Xero

From pandemic restrictions to Making Tax Digital (MTD), hospitality businesses have had to stay agile and adapt to many changes in the past few years. In this guide, we’ll look at what the government’s Making Tax Digital initiative means for your hospitality business in practical terms. When do I need to comply with MTD?

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The benefits of the shared accounting inbox for AR and AP

Lockstep

If you manage accounts receivable (AR) and accounts payable (AP) for your business, you know how important it is to have a system in place to keep track of all incoming and outgoing payments. A shared accounting inbox can be a great way to do this, as it allows both AR and AP managers to see all payments in one place.

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Netsuite vs. Quickbooks: Accounting Software Comparison

inDinero Accounting

Running your own business can be rewarding, but it also requires a wide range of skills. One of the most critical aspects of running your own business is accounting. Unfortunately, not every business owner has the energy or knowledge to decide between cash vs. accrual or Netsuite vs. Quickbooks.

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