Remove blog accounts-receivable-reports-that-get-you-paid-faster
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What is 3-way matching and why is it important?

Airbase

In the world of finance and procurement, accuracy and accountability are paramount. Three-way match has long been an important control measure practiced by accountants to make sure that what was purchased, what was received, and what was paid are fully aligned. When should you use a 3-way match?

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Automating your way to success: How automation can help relieve accounting staff shortages

ThomsonReuters

Jump to: Reflect on your current tax workflow Use automation to boost staff engagement and retention Unlock growth opportunities With staffing shortages of epic proportions, the accounting industry is facing a crossroads. But where do you begin? How are you preparing and reviewing the tax return? How are you getting paid?

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Cash flow crunch: The red flags impacting small business cash flow

Xero

Having the opportunity to meet and connect with partners from Australia, New Zealand and Asia has been really great – and we’re only just getting started! Today, I am thrilled to launch part two of our Xero Small Business Insights special report Crunch: Cash flow challenges facing small businesses.

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App Partner Stories: Supporting a (robotic) bird’s eye view of analytics (literally)

Xero

Jeff is a chartered professional accountant and has held multiple positions in financial departments, managing tax, treasury, and financial reporting. Aerium was also having a lot of trouble getting their staff and contractors to fill out their timesheets. In previous roles, Jeff had teams of 20+ accountants supporting him.

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Accounts payable automation: the ultimate game changer for accounting firms

Accounting Insight

Accounts payable automation, also known as AP automation or invoicing automation, is the process of automating accounts payable processes and activities while collecting the critical data required to make smart decisions, improve efficiency, and grow your business. 88% reported facing problems with their payments system.

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Taking Aggressive Tax Positions in Light of the Expected IRS Hiring Binge

Withum

As a result, the chances of getting audited became about the same as the odds of winning the Power Ball lottery. The IRS has learned how to use the vast amount of data at its disposal to identify compliance issues and reporting anomalies. This a requirement that somehow gets missed. There’s even YouTube videos on this topic.

Tax 106
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Common mistakes in cash flow statements

ThomsonReuters

They rely heavily on cash flow statements and the expertise of their accountant to make informed strategic business decisions. Accounting professionals must have the right tools and resources in place to not only avoid cash flow mistakes but also help maximize cash flow for clients. It may also include dividends paid.