Remove Expense Reimbursements Remove payroll Remove Sales
article thumbnail

How to Recognize and Prevent Five Common Forms of Occupational Fraud

CPA Practice

One of the primary ways companies can protect against cash misappropriation is through establishing proper oversight of employees who have access to bank information, record sales, accept and deposit cash receipts, reconcile bank accounts and enter/approve new vendors.

article thumbnail

Last Week in Payroll: Localization of Work

ThomsonReuters

and will address the following: the workers who are considered election workers; the amount workers can earn without taxes being withheld; the difference between reportable and taxable wages; and training and expense reimbursements. The IRS’s election worker webinar is on June 24, 2021 at 1:00 p.m.

payroll 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Business apps: Everything you need to know

Xero

Business apps are designed to help run your business, by assisting with common challenges such as invoicing , payroll , time tracking , reporting and inventory management. For example, expense management apps make it faster than ever to review expenses, reimburse employees, and close your books each month.

article thumbnail

Expense Reimbursement vs Company Credit Cards: What Skagit County Business Owners Need to Decide

SkagitCountyTaxServices

You probably didn’t realize that there are actual pros and cons to expense reimbursement for employees, etc. If you run such a business in Skagit County, or know somebody that does, funds are available to help with payroll and rent. Now, let’s dive into handling business expenses paid by employees. paper receipts).

article thumbnail

How to Set Up Online Payroll for Your Small Business

xendoo

Doing payroll may not be your favorite part of running a business. If you haven’t yet, the first step is to learn how to set up payroll. How to Set Up Payroll. Luckily, we’ve put together this guide on how to set up payroll, with some insider accountant tips to make it less painstaking for business owners. .

payroll 59
article thumbnail

Young B2B FinTechs Secure Their Seed Rounds

PYMNTS

The company offers a range of services, including business accounts, commercial cards, bill payment, expense reimbursement and accounting. The company connects businesses to human resources management technology, including payroll solutions, with a price-per-employee model that aims to make itself accessible for smaller businesses.

B2B 81
article thumbnail

Virtual Cards Can Be Valuable For Analog Industries

PYMNTS

A PYMNTS deep dive into the industry cited data showing an average of about 70 days sales outstanding (DSO) for the sector, making it the industry with the longest DSO. Employees are no longer required to submit expense reports and wait for reimbursements, which are often tied to bi-weekly payroll cycles.