by taxPRO Websites Staff | May 18, 2023 | Bookkeeping
Outsourcing FP&A, therefore, does more than just lighten the workload; it strategically equips businesses to navigate the financial complexities of a dynamic market environment. Payroll processing is another accounting function ripe for outsourcing, and many...
by taxPRO Websites Staff | Nov 3, 2022 | Bookkeeping
Debit memos add a layer of traceability by formally recording why a charge was added post-invoice. They connect back to original transactions, making it easier to explain adjustments and defend financial records under audit scrutiny. Debit memos allow businesses to...
by taxPRO Websites Staff | Apr 5, 2021 | Bookkeeping
It addresses inconsistent collection strategies and limited financial insights, and its single source of truth capabilities are quite revolutionary. In addition to these fees, expect some transaction fees for accepting payments online. For example, BlueSnap Account...
by taxPRO Websites Staff | Sep 16, 2020 | Bookkeeping
What is an Expenditure? Definition, vs Expense Expenditure refers to the total amount of resources used up by the firm, such as the amount spent or cost incurred for acquiring assets or services. The amount is either paid in cash or credit, or the assets are exchanged...