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A sneak peek into what’s next for reports in Xero

Xero

Don’t forget to replace your favourites in the report centre with the new version of that report, as you’ll only be able to favourite new reports in the months ahead.

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Efficient Credit Card Reconciliation With Sage Intacct

Withum

You must tag a unique GL (General Ledger) liability account, a unique Vendor, and a default location. It will make the credit card reconciliation page entry and post it to the general ledger. Avoid creating credit card charges as a journal entry.

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Empowering Financial Excellence and Fostering Student Success with Sage Intacct

Cherry Bekaert

Because all financial transactions are tagged and categorized using Sage Intacct’s customized reporting, Stravos can now easily track revenue. With the guidance of Cherry Bekaert, the deployment of Sage Intacct helped Stravos adhere to legal and regulatory requirements that govern financial reporting, data security, privacy, and taxation.

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Internal Controls in a Retail Store

Withum

Put Anti-theft tags on small, expensive items or keep them in locked cabinets. Record payments in the General Ledger. Install security equipment such as CCTV cameras. If it is a big store then, covering the entire space with cameras may not be feasible. Install dummy cameras to act as deterrence.

Retail 94
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Vocabulary Guide

Accounting Seed

Topics Billing & revenue Payables & expenses General ledger Financial reporting Project accounting Multi-company Multi-currency Taxation Orders & inventory Billing & revenue Account / Customer Textbook Definition Customer master record used to record billing addresses, payment terms, etc.

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App Partners of the Month: Xerocon New Orleans 2022 special edition

Xero

Accountants can run payroll in a few clicks, automate taxes and keep every detail synced to the general ledger with our customisable integration with Xero. We believe everyone should have access to enterprise-level automation without the enterprise-level price tag,” says Pedram Afshar, CEO at Amaka.

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How Co-Branded Credit Cards Evolved From The Early 1900s Department Store

PYMNTS

In the early 1900s, department stores came up with a novel idea to help their customers pay for their purchases: Customers could use metal plates — that looked like dog tags or tokens — at retailers such as Gimbels that tracked their spending. General stores had been tracking customer information in a general ledger for years.