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Nikki Smith

Workflow Management

The Importance of Workflow Management in Accounting

Accounting, Bookkeeping /

The Importance of Workflow Management in Accounting Effective management of an accounting department involves more than simply tracking finances; it requires a robust workflow management system to ensure tasks are completed on time, correctly, and efficiently. A key strategy in achieving this is scheduling work at regular intervals. By scheduling tasks, organizing workflows, and using […]

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Separation of Duties

Strengthening Financial Controls Through Separation of Duties

Accounting, Cloud-based accounting software, Small Business Accounting, Uncategorized /

Strengthening Financial Controls Through Separation of Duties One of the most critical components of financial control in any business is the separation of financial duties. This practice not only reduces the risk of fraud but also ensures that no one employee has control over the entire financial process. By dividing accounting functions into smaller tasks

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fiscal policies

Establishing Clear Fiscal Policies and Procedures

Accounting, Accounting Technology, Fraud /

Establishing Clear Fiscal Policies and Procedures In the world of accounting, having clear and defined fiscal policies and procedures is so important for preventing fraud and enhancing departmental operations. By documenting every detail of your accounting processes, you not only protect your organization against potential threats but you can also streamline tasks, making them more

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Finance Stack

Understanding and Combating Payments and Occupational Fraud

Accounting, Accounting Technology, Fraud /

Understanding and Combating Payments and Occupational Fraud Fraud in financial transactions is a constantly evolving threat to companies worldwide. The Association of Financial Professionals (AFP) and the Association of Certified Fraud Examiners (ACFE) provide informational reports that offer important insights into payment fraud and occupational fraud. The latest data highlights the persistence and evolution of

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Separation of Duties

The Importance of Internal Controls for Accounting in Business

Accounting /

The Importance of Internal Controls for Accounting in Business Fraud affects businesses of all sizes, with potential losses running into the millions. To protect your business against these risks, internal fraud controls within accounting are essential. These controls not only protect a company’s financial assets but also ensure compliance with regulations, appease investors, and maintain

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Bill.Com Pay by Card

Mastering QuickBooks with QBO Training and Resources

QuickBooks Online Features /

Mastering QuickBooks with QBO Training and Resources We recently published some great tips and tricks when using the Chrome browser with QuickBooks Online, but what about some tips and tricks for QuickBooks itself?  If you want to improve your QuickBooks Online knowledge, check out these great resources to up your game!  Basic Training You can google

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Class Tracking in QBO

Tips and Tricks with Chrome for QuickBooks Online, Part 2

Chrome /

Tips and Tricks with Chrome for QuickBooks Online, Part 2 Welcome back!  In our last blog we gave some great tips and shortcuts to maximize your productivity and enhance your experience with Google Chrome, specifically tailored for QuickBooks Online (QBO) users. In Part 1, we covered basic Chrome tips that can enhance your workflow. Here, we’ll

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someone typing on the cloud

Embracing the Cloud: Why QuickBooks and Integrated Apps are the Future of Accounting

Cloud-based accounting software /

Embracing the Cloud: Why QuickBooks and Integrated Apps are the Future of Accounting The cloud offers a perfect opportunity to connect business applications, creating seamless data sharing and integration. QuickBooks Online (QBO) is perfectly designed to create these connections, acting as the central hub around which an ecosystem of applications revolves. This system creates an

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