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Top 7 Lease Accounting Mistakes and How to Solve Them

23.08.22 09:00 AM - By Kriyago - Comment(s)
Top 7 Lease Accounting Mistakes and How to Solve Them

At the end of 2021, the Financial Accounting Standard Board (FASB) rolled out new rules for lease accounting. There have been many new additions that any property manager needs to notice. A proper lease accounting process can help your real estate business keep track of financial impacts on the comp...

Top 10 Tips On How SMEs Can Better Their Tax Filing in 2022 

15.08.22 09:00 AM - By Kriyago - Comment(s)
Top 10 Tips On How SMEs Can Better Their Tax Filing in 2022 

Since the onset of the pandemic, the Internal Revenue Service (IRS) has come up with multiple new tax rules and regulations. Many of them are COVID-related and might affect your business and its tax system. There have been some exemptions, some tax reliefs, and more. The system is fast-changing, but...

Top Reasons to Outsource Your Lease Abstraction  

12.08.22 04:07 PM - By Kriyago - Comment(s)
Top Reasons to Outsource Your Lease Abstraction  

A complete lease can be filled with legal word jargon and complex language. It can end up being a nightmare for you if you are not trained to understand these. Getting a concise summary of the lease makes life much easier for a property manager. Finding comprehensible information and data from huge ...

7 Most Common Real Estate Accounting Mistakes to Avoid

05.08.22 09:00 AM - By Kriyago - Comment(s)
7 Most Common Real Estate Accounting Mistakes to Avoid

The real estate business is tricky and volatile, to say the least, if you add bad accounting particles to this mix, then it gets even more complicated. It can end up costing you millions and also cost you your reputation as an authentic real estate business. 

 

Accounting and back office are...

10 Things You Must Include in Your Real Estate Lease Agreement

03.08.22 09:00 AM - By Kriyago - Comment(s)
10 Things You Must Include in Your Real Estate Lease Agreement

A Lease Agreement is the basic backbone of all transactions between the landlord and tenants. There are residential leases and commercial lease agreements that are different but there are many essentials that every lease must include, no matter what the type. It lays out the terms and conditions of ...

How to Optimize Your Accounts Receivable Process for Better Cash Flow?

15.07.22 11:19 AM - By Kriyago - Comment(s)
How to Optimize Your Accounts Receivable Process for Better Cash Flow?

The world economy has been grilling under the pressure of the pandemic for the past couple of years. Above that small businesses have struggled even more to survive. But now finally from the last few months business and the economy is getting back in the normal flow of things.  

 

All b...

7 Common Cyber Security Threats to Small Businesses and Accounting Firms

12.07.22 11:07 AM - By Kriyago - Comment(s)
7 Common Cyber Security Threats to Small Businesses and Accounting Firms

Security threats are not new in businesses across industries, and these breaches take a major hit on a company's financials. A Tripwire news report on an IBM security study points out that each incident of security breach costs companies about $3.92 million per incident. These cost a lot of money, a...

The Top 7 Benefits of KriyaGo Blox

06.07.22 11:30 AM - By Kriyago - Comment(s)
The Top 7 Benefits of KriyaGo Blox

According toiPropertyManagement, maintenance and efficiency are the two major challenges for property managers, and if there's a way to get around this, it's through Kriyago Blox!  

To make your property management job easier, you can now integrate all the platforms into one and reduce the...

7 Mistakes You Should Avoid While Automating Your Accounts Payable

13.04.22 10:00 AM - By Kriyago - Comment(s)
7 Mistakes You Should Avoid While Automating Your Accounts Payable

Amidst the pandemic and the sudden growth of tech use in business, companies across the world are automating their back office work. From cutting costs to getting faster results, an automated system can have a lot of advantages. One of the biggest areas of interest is the automation of Accounts Paya...

7 Biggest Account Payables Mistakes Your Business Must Avoid 

06.04.22 12:00 PM - By Kriyago - Comment(s)
7 Biggest Account Payables Mistakes Your Business Must Avoid 

Your business can incur endless problems if your accounts payable is not flawless. Post pandemic all kinds of businesses have suffered from the unpredictable scenarios coming their way. The situation has become extremely volatile and sensitive. When you are working in such unpredictable scenarios no...

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