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The role of AP cash management in modern accounting

The role of AP cash management in modern accounting

Proficient cash management involves a precise tracking system that covers both receiving and disbursing cash. Cash, in financial accounting, extends beyond physical currency—it encompasses money orders, credit card receipts, checks, and any financial exchange...
New European eInvoicing regulation: recommendation C1

New European eInvoicing regulation: recommendation C1

Italy was a forerunner in the area of electronic invoicing, being the first country to introduce mandatory B2B electronic invoicing with effect from January 1, 2019. Italy moved earlier and better than its European Union counterparts, and other governments are quickly...
International Tax Compliance

International Tax Compliance

The loss of VAT revenues and the need to support businesses, particularly SMEs in the wake of the pandemic, has prompted the European Union to take legislative action to strengthen cooperation between tax authorities and to further harmonize procedural rules across...