Maylyn Cerda

This helps streamline the process of setting up and managing the chart of accounts in both systems. The completed contract method is best used for small jobs that are relatively short-term or when a project brings an inherent risk in completion. Under the completed contract method, you’ll recognize revenue after the contract’s completion (or substantial …

Setting Up the Chart of Accounts: QuickBooks for Contractors Read More »

As automated solutions present unique cybersecurity risks, it is important that service providers ensure their software gets regular security updates to mitigate these concerns. Financial automation software like BILL Accounts Payable can add transparency to financial reporting by providing detailed audit trails. Every transaction and change made within the system is recorded and can easily …

Financial reporting automation guide: Optimize your analysis Read More »

Financial reporting software needs to protect sensitive business information, especially if it’s a cloud-based or otherwise internet-connected option. Security features should include user access controls and permissions—people who only need the budget shouldn’t be able to go rooting around in vendor payment data and so on. Selecting financial reporting software involves evaluating its functionality and …

Finance automation playbook: Optimize critical processes Read More »