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A Guide To Vendor Reconciliation Process in Accounts Payable

by Sarvesh Shukla | May 15, 2024 | Bookkeeping

Without reconciling the vendor statement, you might have assumed their balance was correct and ended up overpaying by $400. Ahead of diving into your reconciliation, first double check that prior periods were properly reconciled. You’ll want to confirm that the...

Things You Should Know About Vendor Reconciliation In Detail

by Sarvesh Shukla | May 14, 2024 | Bookkeeping

To perform a customer or vendor reconciliation, there are several simple steps. This saves time and money by eliminating human errors, redundant processes, and inefficient workflows. In addition, financial transactions that are streamlined improve efficiency and...

Accounting for startups: How tech startups can leverage technology in their accounting operations

by Sarvesh Shukla | May 7, 2024 | Bookkeeping

In both cases, investors expect to make more later than the amount they initially put in. Startups are usually in breakout industries or innovating in existing industries with new technology. More complex enterprise resource planning softwaresuch as Oracle Netsuite,...

Startup Accounting: Everything You Need to Know

by Sarvesh Shukla | May 7, 2024 | Bookkeeping

“The pressure on accounting firms, especially during busy reporting seasons, is real and digital transformation projects are proving to be a game-changer. Transparency and accountability build trust with investors and stakeholders, enhance the company’s reputation,...

Construction Accounting 101: A Simple Guide for Contractors

by Sarvesh Shukla | Apr 22, 2024 | Bookkeeping

This is a much better payment schedule than getting paid in one lump sum at the end of the project. Having money coming in periodically throughout the project will improve your cash flow. Make time to keep these journals current to track business expenses and receipts...

Construction Bookkeeping for Beginners: A Step-by-Step Guide

by Sarvesh Shukla | Apr 22, 2024 | Bookkeeping

This helps you anticipate and prepare for periods of tight cash flow and make informed decisions about project scheduling and resource allocation. Using software and tools can help construction companies streamline their bookkeeping process and improve efficiency....

« Older Entries

A Guide To Vendor Reconciliation Process in Accounts Payable

Things You Should Know About Vendor Reconciliation In Detail

Accounting for startups: How tech startups can leverage technology in their accounting operations

Startup Accounting: Everything You Need to Know

Construction Accounting 101: A Simple Guide for Contractors

Construction Bookkeeping for Beginners: A Step-by-Step Guide

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