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Protecting Your Business: What Every Business Owner Needs to Know About Bookkeeper Fraud

Basis 365

Bookkeepers play a vital role in maintaining accurate records and ensuring the smooth functioning of your business. However, it is essential to know the potential risks of bookkeeper fraud. Let's shed light on what business owners need to know about bookkeeper fraud, including statistics highlighting its prevalence.

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Fraud Detection and Prevention: Fraud Through Employee Reimbursements

Withum

For over 15 years, Sherry faithfully served the small labor union as their beloved bookkeeper. Sherry properly reviewed and approved employee expense reimbursements and paid them timely and accurately through payroll. Then Sherry took several of those same receipts as support for her own expense report. The Incident.

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How To Safeguard Your Construction Company From Employee Expense Fraud

Randal DeHart

Expense reimbursement fraud is the last thing you want to face. Here we discuss employee expense fraud, the reasons behind it, and, most importantly, how to prevent it from happening to your construction business. As a small business owner, you always look to keep your company running efficiently.

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Today In B2B Payments News: Starling Eyes IPO, Lloyds Teams On Trade Finance

PYMNTS

FinTech Xendoo , which works in online accounting and bookkeeping solutions, has partnered with Biller Genie on automated accounts receivable (AR) services, a press release says. The platform will reportedly launch before the year's end. Xendoo Teams With Biller Genie for Automated AR.

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Tracking Business Expenses on the Go

Pooley Accounting Services

The IRS requires documentation for all business expenses. Some companies provide employees with credit cards to cover expenses. Others expect employees to pay out-of-pocket expenses, reimbursing them when expense reports are approved. Not every expense is easily tracked.

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A Comprehensive Guide to Building an Optimal Accounting System

Basis 365

If you decide not to do this on your own, we recommend partnering with an outsourced team of accountants and bookkeepers. Automated workflows expedite invoice processing and expense reimbursements. Reach out for a free consultation. Scenario A: The reality for most small businesses Imagine a growing manufacturing company.

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Business apps: Everything you need to know

Xero

For example, expense management apps make it faster than ever to review expenses, reimburse employees, and close your books each month. Apps help support flexible working. Cloud based apps make it easy to work from wherever you need to be.