Tipalti

Barbara Cook

About Barbara Cook

Barbara is currently a financial writer working with successful B2B businesses, including SaaS companies. She is a former CFO for fast-growing tech companies and has Deloitte audit experience. Barbara has an MBA degree from The University of Texas and an active CPA license. When she’s not writing, Barbara likes to research public companies and play social games including Texas hold ‘em poker, bridge, and Mah Jongg.

Accrued Revenue

Accrued revenue is an asset account that could be accounts receivable to record revenue that’s earned before cash is received, under the generally accepted accounting principles (GAAP) accrual basis of accounting. GAAP accounting standards, including ASC 606 for revenue recognition in corporate finance, are based on the revenue recognition principle that defines when revenue is earned.

Accrual Accounting

Accrual accounting is a GAAP method of accounting to record revenue when earned and expenses when incurred (not paid), summarizing results in accrual basis financial statements. Accrual based accounting uses the matching principle to record revenues and related expenses in the same accounting period. Record accrued liabilities or related assets simultaneously with double-entry bookkeeping.

QuickBooks International Payments

With integrated add-on software, QuickBooks users can make and receive international payments with foreign bank accounts. The platform provides international invoice features, including foreign currency.

QuickBooks Vendor Payments

As the digital transformation in fintech advances, QuickBooks vendor payments can be made with Online Bill Pay in QBO or through Desktop. Integrated third-party add-on accounts payable automation apps leverage advanced technology to improve efficiency.

Payment Management Software

Payment management software uses artificial intelligence (AI) and robotic process automation (RPA) to streamline and automate the process. RPA, its tie to AI, and the benefits of digitalization in the procurement to pay (P2P) cycle applying to accounts payable, which Tipalti covers from end to end.

Stripe and QuickBooks

Stripe and QuickBooks are both popular AP tools for digital payments. Stripe payment processing is for any company looking to do business online. Stripe and QuickBooks Online integration allows users to pay invoices and automate Stripe transactions in QuickBooks.