article thumbnail

Your path to accurate, real-time financial reporting

Accounting Seed

Journals can post automatically to your general ledger, and approval requests can route digitally to the right manager. Which products bring in the highest profits? Instead of manually entering data or chasing down approvals in person, automated systems can handle these jobs faster and more precisely.

article thumbnail

Sage Intacct Adds AI Enhancements and Features

CPA Practice

Sage is working closely with customers to deliver on its vision to help organizations drive productivity, accuracy, and compliance, helping SMBs to focus on growth and profitability. Streamlined operations in these industries directly contribute to improved profitability and business growth.

Insiders

Sign Up for our Newsletter

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

article thumbnail

10 Bookkeeping Best Practices Every Business Should Outsource

Basis 365

Expense Tracking and Categorization Keeping a close eye on expenses is critical for maintaining profitability. However, generating accurate, timely, and actionable reports requires a high level of expertise. Outsourcing general ledger maintenance allows trained professionals to ensure every entry is correctly recorded and categorized.

article thumbnail

Overview of 2024 CCH Connections- The Accounting Technology Lab Podcast – Nov. 2024

CPA Practice

And Ill tell you that I use, Im starting to use now when I do writing, Im starting to use chat GPT and as well as, as well as co pilot to do the first draft of most non technical memos, okay? Or most non technical documentation, okay? And so the idea here is to get a good start without having to expend a whole lot of effort.

article thumbnail

Top Tips to Prepare for an eCommerce Audit

TaxConnex

Tangible personal property (TPP) is generally taxable unless the specific type of TPP you sell is identified as non-taxable by statute or the client has a valid exemption certificate (see note below). For example, accepting a resale exemption certificate from a non-profit claiming an exemption might not be appropriate.

audit 262
article thumbnail

Benefits of Matching Financial and Non-Financial Data

Withum

Healthcare-related not-for-profits have a myriad of different funding sources that support operations. With all these different funding sources, it is imperative that healthcare-related not-for-profits have a general ledger system that can support both financial reporting and operational efficiency.

article thumbnail

Review of CYMA Payroll- The Accounting Technology Lab Podcast – August 2024

CPA Practice

So today, besides Saima handling, general accounting, distribution, light manufacturing, and not for profit accounting, well, I can’t think of another system that is more friendly for doing payroll at volume, particularly if you want to run it in house. They also have a not for profit addition. Or if you’re going to run PEOs.

payroll 119