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Barbara Cook

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.

Payoneer vs Worldfirst

Payoneer and WorldFirst both provide ease of use, security, and excellent customer service. WorldFirst global bank transfers are received about one day quicker than Payoneer’s. Money transfers from a sender’s WorldFirst account to the receiver’s WorldFirst account are received instantaneously. Payoneer’s transfers sent to another Payoneer account are received within two hours. 

Payoneer vs Square

To compare Payoneer vs Square, we primarily focus on money transfers related to earned revenue and consider the following: Fees and transfer speed, ACH, Debit cards, credit cards, and gift cards, Multi-currency capabilities, Security, Ease of use and Customer support.

Recurring ACH Payments QuickBooks

Here’s how to set up recurring ACH payments in QuickBooks Online and QuickBooks Desktop to vendors and from customers. You’ll need QuickBooks Payments for recurring transactions using ACH in QuickBooks. And you’ll need a linked QuickBooks ACH authorization form from your customers.

NetSuite vs QuickBooks

The choice of NetSuite vs QuickBooks depends on your business type and growth expectations. Small businesses with high growth prospects often start with QuickBooks and move up to NetSuite or another ERP system when their needs and budget grow.

Early Payment Discount QuickBooks

Applying early payment discounts in Intuit QuickBooks Online and QuickBooks Desktop is easy. Coding bill payment discounts properly is part of the accounting process. Here’s a breakdown of how it all works:

QuickBooks Fees

With a comprehensive understanding of the Intuit QuickBooks basic costs and add-on fees, you can select or switch to the QuickBooks offerings, services, and add-on apps that match your company’s size, industry, desired features, and budget.

AP Turnover Days

If you’re evaluating how to improve accounts payable turnover ratio and related AP turnover in days, consider these strategies and best practices. AP automation software is an essential tool for achieving optimal AP turnover days. These recommendations will help your business cut costs, see trends, take early payment discounts, meet suppliers’ needs, recognize financing needs, and better manage cash flow.

Accounts Payable Department

The overriding objective in structuring or restructuring your accounts payable department is preventing fraud through the separation of duties both inside and outside the accounts payable department structure.

Flat file integration vs API

State-of-the-art, online automated AP software apps are often designed with a seamlessly integrated API (application programming interface) for cloud ERP accounting software systems. Flat-file integration works well to transfer batch files for payment processing using SFTP (secure file transfer protocol).

AP Automation for Intacct

Sage Intacct accounts payable software is missing some essential features that AP automation provides. Sage Intacct lets you buy an AP automation solution with seamless integration through the Sage Intacct Marketplace.

AP Automation for QuickBooks

Tipalti AP automation software integration with QuickBooks Online or QuickBooks Online Advanced. Use it to save your company money. It will reduce future labor hiring needs and improve employee retention, attitude, and motivation.

AP Turnover Ratio

The AP turnover ratio is one of the best financial ratios for assessing a company’s ability to pay its trade credit accounts at the optimal point in time and manage cash flow wisely.

Programmatic Marketing

Programmatic marketing is precision-targeted automated online advertising purchasing (and selling) and ad campaign tracking through an AI-driven ad network software platform. Programmatic marketing (a.k.a. programmatic advertising) connects demand from advertisers and context-driven ad supply for specified buyer categories. 

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