Insights

In the United States, businesses have legal obligations to maintain accurate financial records, including invoices. Keeping these records is not only a legal requirement, but also essential for maintaining the financial health of a company.

Have you ever wondered how you can use time and resources more efficiently in your company? An automated solution for invoice receipt can provide you with valuable support. Read on to find out why you should opt for such a solution.

The month-end closing is an important part of accounting and a regular process that must be performed in order to understand a company's financial situation.

At the end of the month, employers transfer wages and salaries to their employees' accounts. At the same time, the employer is obliged to pay the wage tax, church tax and social security contributions for the employees. For many entrepreneurs the question arises at this point: How is the monthly salary payment booked?

As an accountant, the accuracy of your invoices is critical to the financial health of your business. Invoice auditing involves reviewing incoming invoices to ensure they are correct, accurate and ready for payment.

Cost centers are an essential part of controlling and cost accounting in companies. They are used to make costs more transparent and to make decisions on a sound basis. In this article, you will learn what cost centers are, what advantages they offer and how they are used in the company.