Defining Blockchain

Julie Babcock-HydeAccounting0 Comments

defining blockchain

Blockchain is a term that has been bantered about quite a bit when referring to the future of accounting technology. While its impacts are primarily long term in nature, let’s take a brief look to see what everyone is talking about. Blockchain is a technology that can store transactions. Some people have referred to it as a digital ledger. Unlike … Read More

Training Fido to Fetch More than a Bone

Julie Babcock-HydeAccounting, Apps0 Comments

fetch receipts

While “fetching” might be what some trained dogs can do, accounting systems are getting into the act too. This relatively new feature is called “receipt fetching,”. It’s when an app can retrieve documents directly from the vendors that you do business with so you don’t have to spend so much time on paperwork retrieval. Apps that can perform receipt fetching … Read More

Boost Your Accounting Know-How with These Terms

Julie Babcock-HydeAccounting0 Comments

accounting terms know-how

The field of accounting has its own vocabulary, which can sound like a foreign language to some people. Your financial savvy will increase by learning a few new accounting terms. You’ll be “speaking accounting-ese” in no time, and you’ll become a smarter entrepreneur too. Trial balance A trial balance is an accounting report that simply lists the current balances of your accounts … Read More