Archives de l’auteur : Maxime Gauchard

These transactions reduce the total capital contributed by shareholders. For example, if shares were repurchased at a premium, the excess paid over par value should be deducted from additional paid-in capital, not retained earnings. Proper documentation ensures accuracy in reflecting these changes. An S corporation (S corp) offers many benefits, particularly the potential for taxLire la suite « Year End Match S Corp Tax Return to Balance Sheet »

Tool to utilize during the patient financial discussion to document financial options presented, patient obligation and financial consent. Leverage our robust payer connections, industry expertise, and superior customer support to build with confidence, ease, and trust. Our onboarding process is quick and painless.We can typically onboard a new practice in  less than a week. TrackingLire la suite « Dental Billing Guide Key Steps to Improve Practice Revenue »

Do you want to talk more about choosing the right financial solutions for your business? Take a look at Vena’s financial reporting solutions here, or reach out to discuss what’s right for you. Most larger companies choose the indirect method, at least in part because of the lower time investment, while analysts often prefer it as well becauseLire la suite « Direct Method of Cash Flow vs Indirect Method: Insights from Scalable CFO »

Encourage employees to report any discrepancies they notice during their regular duties. By maintaining a vigilant approach to audits and inventory management, businesses can quickly identify and address potential theft. Controlling access to sensitive areas and information is crucial in employee theft prevention. Restrict entry to valuable assets and sensitive data based on job rolesLire la suite « 7 ways to strengthen internal controls & prevent employee theft »

Riskis also minimized because both the supplier andthe organization can see the history of all of theirtransactions in https://igiasu.com/2022/05/13/encumbrance-accounting-definition-process-and-2/ the network, which gives them theability to identify any fraudulent activity. Blockchain technology has become a transformative force across various industries, and its application in accounting is no exception. As businesses adopt blockchain operating systems (OS),Lire la suite « Blockchain Accounting Guide & Use Cases »