Connect with us

Technology

LedgerBPO Launches Outsourced Bookkeeping and Billing Teams for Small Businesses

Published

on

LedgerBPO, the new accounting division of SS Support Network LLC, pairs a named remote accountant with invoicing, receivables follow-up and month-end close for businesses and accounting firms. The service operates in the United States, United Kingdom, Canada and Australia.

VANCOUVER, Wash., Sept. 24, 2026 /PRNewswire-PRWeb/ — LedgerBPO, the accounting and billing division of SS Support Network LLC, has launched outsourced bookkeeping, invoicing, accounts receivable and month-end close services for small and mid-sized businesses and the accounting firms that serve them. Each client is assigned a named remote accountant, supported by a trained backup and a team lead, who works inside the client’s own accounting software during the client’s business hours. The division serves the United States, United Kingdom, Canada and Australia from https://ledgerbpo.com.

If you only do the bookkeeping, you are recording a problem after it happened. The invoice went out late, the follow-up never happened, and the books simply document the loss,” said Shahzaib Shah, founder and chief executive of SS Support Network.

The launch arrives as two pressures converge on small businesses. The supply of accountants has contracted sharply, with industry analyses counting more than 300,000 accountants and auditors leaving the US profession since 2019 and about half of finance leaders reporting that vacancies now take two months or longer to fill. At the same time, late payment remains the most common cash-flow problem reported by small firms in all four of LedgerBPO’s markets. Books fall behind because there is nobody to keep them, and invoices age because there is nobody to chase them.

Bookkeeping and billing as one job

Most outsourced bookkeeping services stop at categorising transactions and reconciling the bank. LedgerBPO treats the ledger and the invoice as a single process. Its teams record and reconcile the books, prepare and send invoices, run reminder sequences, follow up on overdue accounts by telephone under the client’s brand, apply incoming payments to open invoices and report receivables aging each week. A billing help desk answers customer questions about invoices and sets up payment arrangements. The receivables service is described at https://ledgerbpo.com/services/accounts-receivable/.

The dedicated-team model

SS Support Network has run back-office operations for healthcare and transportation companies since 2020, including billing, claims, receivables follow-up and reconciliation across multiple US states. LedgerBPO applies the staffing model that grew out of that work. One accountant owns each client file month after month. A second accountant is trained on the file and covers absences. A team lead reviews the close before the client sees it. The client keeps full control of its accounting platform, whether that is QuickBooks Online, Xero, Zoho Books or Sage, and approves every payment; LedgerBPO never holds or moves client funds.

“We wanted the same team that closes the books to be the team that gets the invoices paid. That is the entire design.”

The catalogue at https://ledgerbpo.com/services/ covers monthly, catch-up and clean-up bookkeeping; invoicing and recurring billing; accounts receivable and cash application; accounts payable and vendor management; bank, card and payment-processor reconciliation, including marketplace payouts; month-end and year-end close; management reporting and cash-flow forecasting; payroll and statutory preparation support; and healthcare, property-management and e-commerce billing.

Country-specific workflows

For United Kingdom clients, VAT workings are prepared in software compatible with Making Tax Digital, whose income-tax phase began in April 2026. Australian clients receive Business Activity Statement workpapers prepared for lodgement by their registered agent, together with payroll and superannuation reconciliation for the Payday Super rules in force since July 2026. Canadian clients receive GST, HST, PST and QST workings by province and a month-end package for their chartered professional accountant. In the United States, tax workpapers for accounting-firm clients are prepared under the firm’s review and signature with written taxpayer consent under Internal Revenue Code Section 7216.

Capacity for accounting firms

For CPA, EA and bookkeeping practices, LedgerBPO provides dedicated accountants who work in the firm’s practice-management and tax software, white-label bookkeeping under the firm’s brand, tax-season surge capacity and close support, with every file passing a two-tier review before a partner sees it. The programme is detailed at https://ledgerbpo.com/for-accounting-firms/.

“Firms tell us the same thing: they turn away bookkeeping clients because they cannot staff them, and the clients they keep wait too long for a close,” said Nimra Khalid, chief operating officer of SS Support Network. “A dedicated pod that works in the firm’s own systems changes that arithmetic without adding headcount.”

Security controls include least-privilege access, read-only bank connections where a platform permits them, multi-factor authentication on every account, background-checked employees, a signed confidentiality agreement per client, managed devices with no local storage and a written incident-response plan. Healthcare clients work under a business associate agreement with HIPAA-trained staff. Certifications are listed on the website only when held.

LedgerBPO is the third brand of SS Support Network, alongside the parent company’s healthcare back-office services and TransportBPO for ground transportation, with AssistBPO, a virtual assistant division, following.

Businesses and firms can request a consultation at https://ledgerbpo.com.

About LedgerBPO

LedgerBPO is the accounting and billing division of SS Support Network LLC. It provides dedicated remote bookkeeping, invoicing, accounts receivable, accounts payable, reconciliation, month-end close and billing-support services to small and mid-sized businesses and accounting firms in the United States, United Kingdom, Canada and Australia.

About SS Support Network LLC

SS Support Network LLC is a business process outsourcing company founded in 2020 and registered in Vancouver, Washington, with a second office in Pakistan. The group serves healthcare providers, non-emergency medical transportation operators, ground-transportation fleets, accounting firms and small businesses through its brands SS Support Network, TransportBPO, LedgerBPO and AssistBPO.

Media Contact

LedgerBPO, LedgerBPO, 1 657 000 0006, sales@ledgerbpo.com, https://ledgerbpo.com

View original content to download multimedia:https://www.prweb.com/releases/ledgerbpo-launches-outsourced-bookkeeping-and-billing-teams-for-small-businesses-302888829.html

SOURCE LedgerBPO

Continue Reading

Technology

abrdn Global Infrastructure Income Fund Declares Distribution Dates and Amount

Published

on

By

PHILADELPHIA, Sept. 25, 2026 /PRNewswire/ — The abrdn Global Infrastructure Income Fund (NYSE: ASGI) (the “Fund”) announced today that it will pay the distribution indicated on a per-share basis on October 30, 2026, to all shareholders of record as of October 6, 2026 (ex-dividend date: October 6, 2026).

Ticker

Exchange

Fund

Amount

ASGI

NYSE

abrdn Global Infrastructure Income Fund

$ 0.2200

At the end of each calendar year, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of the Fund’s distributions and provide information with respect to their appropriate tax treatment for the prior calendar year. 

The Fund’s distribution policy is subject to modification by the Board of Directors/Trustees at any time, and there can be no guarantee that the policy will continue. You should not draw any conclusions about the Fund’s investment performance from the amount of the distributions.

MANAGED DISTRIBUTION POLICY FUND
ANNOUNCES DISTRIBUTION PAYMENT DETAILS

abrdn Global Infrastructure Income Fund (“ASGI”)

The abrdn Global Infrastructure Income Fund (“ASGI”) today announced that the Fund will pay the distribution noted in the chart above on October 30, 2026, to all shareholders of record as of October 6, 2026 (ex-dividend date: October 6, 2026).

The Fund has adopted a distribution policy to provide investors with a stable distribution out of current income, supplemented by realized capital gains and, to the extent necessary, paid-in capital in reliance on an exemptive order granted by the Securities and Exchange Commission.

Under applicable U.S. tax rules, the amount and character of distributable income for the Fund’s fiscal year can be finally determined only as of the end of the Fund’s fiscal year. However, under Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”), and related rules, the Fund may be required to indicate to shareholders the estimated source of certain distributions to shareholders.

The following tables set forth the estimated amounts of the sources of the distributions for purposes of Section 19 of the 1940 Act and the rules adopted thereunder. The tables have been computed based on generally accepted accounting principles. The tables include estimated amounts and percentages for the current distributions to be paid as well as for the cumulative distributions paid relating to fiscal year to date, from the following sources: net investment income; net realized short-term capital gains; net realized long-term capital gains; and return of capital. The estimated compositions of the distributions may vary because the estimated composition may be impacted by future income, expenses and realized gains and losses on securities and currencies.

The Fund’s estimated sources of the current distributions to be paid and for its current fiscal year to date are as follows:

Estimated Amounts of Current Distribution per Share

Fund

Distribution Amount

Net Investment Income

Net Realized Short-Term Gains*

Net Realized Long-Term Gains

Return of Capital

ASGI

$0.2200

–

–

–

–

$0.2200

100 %

–

–

Estimated Amounts of Fiscal Year to Date Cumulative Distributions per Share

Fund

Fiscal Year** to Date Distribution Amount

Net Investment Income

Net Realized Short-Term Gains*

Net Realized Long-Term Gains

Return of Capital

ASGI

$0.2200

–

–

–

–

$0.2200

100 %

–

–

* includes currency gains
** ASGI has a 9/30 fiscal year end.

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The final determination of the source of all distributions for the current year will only be made after year-end. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of the fiscal year and may be subject to change based on tax regulations. After the end of each calendar year, a Form 1099-DIV will be sent to shareholders for the prior calendar year that will tell you how to report these distributions for federal income tax purposes.

The following table provides the Fund’s total return performance based on net asset value (NAV) over various time periods compared to the Fund’s annualized and cumulative distribution rates.

Fund Performance and Distribution Rate Information

Fund

Average Annual Total Return on NAV for the 5-Year Period Ending 8/31/2026¹

Current Fiscal Period’s Annualized Distribution Rate on NAV²

Cumulative Total Return on NAV¹

Cumulative Distribution Rate on NAV²

ASGI

8.89 %

12.13 %

15.08 %

11.12 %

1 Return data is net of all fund expenses and fees and assumes the reinvestment of all distributions at prices obtained under the Fund’s dividend reinvestment plan.
2 Based on the Fund’s NAV as of August 31, 2026.

Shareholders should not draw any conclusions about a Fund’s investment performance from the amount of the Fund’s current distributions or from the terms of the distribution policy (the “Distribution Policy”).

The value at which a closed-end fund stock may trade on a public exchange is a function of external market factors that are not under the control of the Fund’s Board or Investment Adviser. Closed-end fund shares may therefore trade at a premium or a discount to net asset value at any given time. Shareholders should be aware that a fund’s premium to net asset value may not be sustainable and a fund’s discount to net asset value can widen as well as narrow. Shareholders of a fund trading at a premium who participate in that fund’s dividend reinvestment plan should note that the reinvestment of distributions may occur at a premium to net asset value.

While NAV performance may be indicative of the Fund’s investment performance, it does not measure the value of a shareholder’s investment in the Fund. The value of a shareholder’s investment in the Fund is determined by the Fund’s market price, which is based on the supply and demand for the Fund’s shares in the open market.

Pursuant to an exemptive order granted by the Securities and Exchange Commission, the Fund may distribute any long-term capital gains more frequently than the limits provided in Section 19(b) under the 1940 Act and Rule 19b-1 thereunder. Therefore, distributions paid by the Fund during the year may include net income, short-term capital gains, long-term capital gains and/or a return of capital. Net income dividends and short-term capital gain dividends, while generally taxable at ordinary income rates, may be eligible, to the extent of qualified dividend income earned by the Fund, to be taxed at a lower rate not to exceed the maximum rate applicable to your long-term capital gains. Distributions made in any calendar year in excess of investment company taxable income and net capital gain are treated as taxable ordinary dividends to the extent of undistributed earnings and profits, and then as a return of capital that reduces the adjusted basis in the shares held. To the extent return of capital distributions exceed the adjusted basis in the shares held, capital gain is recognized with a holding period based on the period the shares have been held at the date such amount is received.

The payment of distributions in accordance with the Distribution Policy may result in a decrease in the Fund’s net assets. A decrease in the Fund’s net assets may cause an increase in the Fund’s annual operating expense ratio and a decrease in the Fund’s market price per share to the extent the market price correlates closely to the Fund’s net asset value per share. The Distribution Policy may also negatively affect the Fund’s investment activities to the extent that the Fund is required to hold larger cash positions than it typically would hold or to the extent that the Fund must liquidate securities that it would not have sold for the purpose of paying the distribution. The Fund’s Board has the right to amend, suspend or terminate the Distribution Policy at any time.

The amendment, suspension or termination of the Distribution Policy may affect the Fund’s market price per share. Investors should consult their tax advisor regarding federal, state, and local tax considerations that may be applicable in their particular circumstances.

Circular 230 disclosure: To ensure compliance with requirements imposed by the U.S. Treasury, we inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.

In the United States, Aberdeen Investments refers to the following affiliated, registered investment advisers: abrdn Inc., abrdn Investments Limited, and abrdn Asia Limited.

Closed-end funds are traded on the secondary market through one of the stock exchanges. A Fund’s investment return and principal value will fluctuate so that an investor’s shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund’s portfolio. There is no assurance that a Fund will achieve its investment objective. Past performance does not guarantee future results.

abrdn Global Infrastructure Income Fund | Aberdeen

View original content to download multimedia:https://www.prnewswire.com/news-releases/abrdn-global-infrastructure-income-fund-declares-distribution-dates-and-amount-302890358.html

SOURCE abrdn Global Infrastructure Income Fund

Continue Reading

Technology

TruTrade Showcases the Next Generation of Automated Trading Technology for Retail Traders

Published

on

By

SCOTTSDALE, Ariz., Sept. 25, 2026 /PRNewswire/ — TruTrade, a software company specializing in automated trading technology, is showcasing the latest generation of its technology designed to bring sophisticated trading automation to retail traders.

TruTrade‘s automated trading platform is designed to simplify how traders interact with the financial markets. Rather than requiring users to spend hours monitoring charts, identifying setups and manually managing positions, TruTrade’s technology is designed to automate key components of the trading process, including trade execution and position management.

The company’s latest technology reflects a broader evolution in automated trading, with an emphasis on making advanced automation more accessible to everyday traders regardless of their previous trading experience or time availability.

“Technology has completely changed what is possible for the individual trader,” said Brian Nutt, Co-Founder of TruTrade. “Our focus has been on developing institutional-grade automated trading technology that simplifies the trading process while giving retail traders access to a level of automation that historically was not readily available to them.”

TruTrade offers automated trading solutions designed for a variety of trading environments, including personal brokerage accounts, retirement accounts and supported proprietary trading accounts. The company’s technology ecosystem includes solutions for multiple financial markets and gives users the ability to select an automated approach based on their individual trading objectives.

As part of its focus on transparency, TruTrade is also providing prospective clients with access to recorded trading sessions demonstrating its automated trading technology in real-world market conditions. New demonstrations provide an opportunity to see how the technology executes and manages trades before speaking directly with the company.

TruTrade continues to invest in making automated trading technology easier to access, understand and use as automation plays an increasingly important role in the retail trading landscape.

To learn more about TruTrade and its automated trading technology, visit TruTrade.io.

View original content to download multimedia:https://www.prnewswire.com/news-releases/trutrade-showcases-the-next-generation-of-automated-trading-technology-for-retail-traders-302890503.html

SOURCE TruTrade

Continue Reading

Technology

Tau Highlights Electrification Leadership at Climate Week NYC 2026

Published

on

By

IEEE / Columbia University fireside chat and 19 technical papers from Tau and its research partners highlight progress in software-defined power and the technologies enabling electrification at scale.

NEW YORK and REDWOOD CITY, Calif., Sept. 25, 2026 /PRNewswire/ — Tau Motors, Inc., a pioneer in software-defined power conversion, highlighted the technical depth behind its approach to electrification during Climate Week NYC 2026. The 19 technical papers reflecting research by Tau and its partners at the Columbia Center of Advanced Electrification (CCAE) are featured in the 2026 IEEE/CCAE Symposium on Advanced Electrification Systems program. During a fireside chat at the Columbia University event, Tau Founder and CEO Wesley Pennington discussed how integrating power electronics, electric machines, and software can accelerate electrification.

The research, developed by Tau and its partners at CCAE and featured in the symposium program, covers power conversion and control, electric machine modeling, energy storage, and grid-connected systems. The work reflects Tau’s sustained investment in power conversion, controls, and electric machine engineering, disciplines central to its Ion™ and Gamma™ platforms. The papers also highlight the breadth of Tau’s work across sustainable energy systems.

Tau’s Ion™ platform combines modular power electronics with firmware and software libraries to support applications across mobility, industrial equipment, energy infrastructure, and data centers. Its Gamma™ electric machine platform integrates machine design, power electronics, and controls to enable rare-earth-free motion.

At the September 25 symposium, Wesley Pennington, Founder and CEO of Tau, joined Matthias Preindl, Associate Professor at Columbia University and Tau’s Chief Scientist, for a fireside chat exploring the “electro-industrial stack” and what becomes possible when power electronics, electric machines, and software are designed together. The conversation examined how programmable architectures can improve system performance, reduce material dependencies, and accelerate deployment across transportation, industry, and digital infrastructure.

“Accelerating electrification means making the systems that convert and control power more efficient, more affordable, and easier to deploy,” said Pennington. “When power electronics, electric machines, and software are designed together, we can optimize the entire system. Tau is building the software-defined power platform to give industry greater control over performance, costs, and supply chains—and accelerate deployment at scale.”

The symposium featured speakers from organizations including GM Energy, Siemens, and the Port Authority of New York and New Jersey, alongside researchers and other industry participants.

Tau established CCAE alongside Columbia Engineering to connect advanced research with the practical requirements of industrial applications. The work addresses challenges that influence efficiency, reliability, and the ability to deploy electric systems across a wider range of uses.

About Tau
Tau Motors, Inc. is an advanced technology company accelerating electrification from electric vehicles to the grid and digital infrastructure. Its Ion™ and Gamma™ platforms combine power electronics, advanced controls, and hardware design to improve the performance, economics, and adaptability of electric systems. Drawing on deep expertise in systems engineering, Tau partners with industry leaders to rapidly develop and deploy products on its platforms across industries. For more information, visit taumotors.com.

Media Contact
Tau Media Office
media@taumotors.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/tau-highlights-electrification-leadership-at-climate-week-nyc-2026-302890524.html

SOURCE Tau Motors, Inc.

Continue Reading

Trending