Year-End Accounting Checklist
Nov 29, 20222023 is right around the corner. While the end of year is often a busy time with the holidays, there are several year-end accounting items that should be completed to ensure your business is properly prepared for the upcoming year. Here are 5 accounting and financial initiatives to focus on b Read More
Implementing a monthly close process for your accounting department can help you gain a better understanding of the financial health of your business while allowing you to mitigate risks and plan for the future. Visibility into the financial results of prior months gives you a better pulse on Read More
Discover 5 Advantages of Automating Your Bill Pay
May 16, 2022Are you looking for an easier, more efficient way to manage your company’s bill pay? Manually entering invoices and waiting on approvals and signatures can cause significant delays. Fortunately, there is a better way with Bill.com. Bill.com uses automation technologies and digital processes Read More
Is your accounts payable process straightforward? There are many tools out there that can help streamline the billing and collection process, such as Bill.com. Using technology for your accounts payable process can help reduce payment delays and the amount of time your team is spending on man Read More
Over the past several years, many states have implemented certain taxes on the shareholders and members of various entities. These taxes are often called pass-through entity (PTE) taxes. As a result of the Tax Cuts and Jobs Act (TCJA), New York recently joined the growing list of states that Read More
Many companies have traditionally held the belief that all accounting and finance functions must be in-house and cannot be outsourced. As cloud technologies have advanced and workforce challenges have expanded, the benefits of outsourcing have multiplied. This has become even more apparent as Read More
By: Christopher Gagliardi Two of the most significant changes to U.S. Generally Accepted Accounting Principles (GAAP) have recently unfolded, including Accounting Standards Codification (ASC) 606 – Revenue Recognition, which many businesses are still adjusting to, and ASC 842 – Leases. Al Read More