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Knowledge Center

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Articles

IRS Cryptocurrency Reporting: What You Need to Know

IRS Cryptocurrency Reporting: What You Need to Know

The IRS and Treasury have finalized regulations requiring many custodial crypto brokers to report digital asset transactions using Form 1099-DA. Gross proceeds reporting applies to transactions on or after January 1, 2025, with cost basis reporting being phased in....

Red Flags in Financial Due Diligence

Red Flags in Financial Due Diligence

In Mergers and Acquisitions, Financial Due Diligence (FDD) is the buyer's most critical line of defense before committing capital. It is the process through which advisors dissect a target company's historical financial performance, assess the quality and...

Case Studies

Sales and Collection Reconciliation

Sales and Collection Reconciliation

Discover how a QSR business streamlined sales reconciliation, tracked collections, and improved profitability using POS reports, QuickBooks, and ERP tools.

Accounts Payable Migration – Streamlining ERP Transition

Accounts Payable Migration – Streamlining ERP Transition

The transition to a new ERP presented a dual challenge: We needed to establish AP processes within the new system and had to contend with a significant backlog of invoices awaiting processing. We had to devise innovative solutions to streamline and manage the AP process efficiently.

Newsroom

Knowcraft Announces Strategic AI Partnership with JMS Tech Nova

Knowcraft Announces Strategic AI Partnership with JMS Tech Nova

Knowcraft is pleased to announce a strategic partnership with JMS Tech to develop next-generation AI solutions that enhance the way we deliver services to our clients. As the professional services industry continues to evolve, we believe AI will play a transformative...

Knowcraft Analytics Recognised as a CTD Partner at RISE 2040

Knowcraft Analytics Recognised as a CTD Partner at RISE 2040

Honoured at AICPA & CIMA's flagship leadership summit on the future of the accounting profession in the age of AI. Knowcraft Analytics is proud to be recognised as a CTD (Certified Talent Development) Partner at RISE 2040 - The Future of the Profession in the Age...

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