Accounting

B2B companies will be obliged to switch to electronic invoicing from 2026 onwards (postponed from 2024). As chartered accountants, you are the trusted advisors of company directors, and therefore in the best position to guide them in the dematerialization of their invoices. As the deadlines approach, more and more of your clients are asking questions about their choice of platform. While some may have already opted for the Public Billing Portal (PPF), others prefer the more functional PDP alternative. To help them make the best possible choice, here's some advice you can give them.

Validating supplier invoices is an important part of a company's accounting system. Nevertheless, it is a tedious and time-consuming task, as well as being a sensitive one: the slightest error exposes the company to penalties. The automation of this circuit, made possible by invoice dematerialization, not only saves time and increases efficiency, but also ensures that you're in the clear in the event of an audit. Would you like to automate the supplier invoice validation circuit in your company? Freedz presents the 5 steps you need to take to implement it.

In the aftermath of the health crisis, companies are facing a European geopolitical conflict and, with it, serious consequences on the economy with a drop in the financial markets. At their helm, managers are relying on the accounting and finance departments - with the CFO at the top of the list - to face the challenges and try to navigate between inflation, shortages of raw materials and recruitment difficulties in certain professions. As a true captain of the ship, the CFO must lead the company through a stormy year 2023. Let's take a closer look at the major issues that await him in 2023.

Accounting entries are the raw materials of accounting and are essential for the production of reliable and clear financial information. As a reminder, accounting entries are the financial transcription of a flow in the company's accounting system; they are what will feed the balance sheet and the income statement. Integrating the chart of accounts, proposing the association of accounting codes with invoices... Managing supplier invoice accounting entries can be a source of many hassles! That's why Freedz has developed a new functionality for managing accounting entries.

Accounting allocation is the classification of each accounting transaction into one of the eight main categories predefined by the General Accounting Plan (GAP). This technique makes it possible to assign the appropriate classification to each accounting transaction, in order to harmonise the various records from a tax point of view. In this sense, accounting allocation is an obligation. How do you make an accounting allocation? How do you allocate a purchase invoice? We explain.

Good cash management is not just a matter for large companies. In fact, it is also in the interest of SMEs to equip themselves with cash management solutions. But beyond the software part, efficient cash management depends on good reflexes to adopt from the beginning of your project. Pandat Finance explains.

The responsibilities of accountants are numerous and so are the risks of error. These can range from a simple error in entering an amount to a duplicate transaction or one entered in the wrong account. But it is entirely possible to improve the performance of your accounting department by adopting the right solutions.

This is a fact. For many small and medium-sized businesses, as well as for large groups, managing accounting is both tedious and time-consuming. If you are not yet convinced, here are 3 good reasons to implement accounting software in your company.

In France, corporate income tax is calculated on the basis of the company's annual profit declaration. This return may sometimes be audited by the tax authorities, particularly if any gaps, errors or omissions are noted. As Administrative and Financial Director, one of your main tasks is to ensure that the company's accounts are properly kept. You must also put in place the necessary tools (certified accounting software, etc.) to comply with legislation. To avoid tax audits, here are 3 points to watch out for.

Meet Camille Soulier, CFO at Germinal, a start-up that is overturning the codes of corporate culture and reinventing its model to get through the health crisis.

From the simple (but very effective) automation of your accounting tasks, to the optimisation of your budgets and expense reports; here are some good practices that can be easily implemented so that you can finally spend time on your business rather than on your accounting. Follow the guide!

Containment has changed business practices across all departments. As a CFO, you may have lessons to learn from this.