Accounting Department

DECEMBER 7, 2023

Last week, AccountingDepartment.com Co-Founder, Bill Gerber, and Business Development Representative, Shawn Marcum hit the road and attended the Genius Network Annual Event in Scottsdale, AZ.

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Billing 263

Xero

NOVEMBER 30, 2022

In the 2022 budget announcement, Singapore’s Minister for Finance announced the GST rate will increase from 7% to 8% on 1 January 2023, and from 8% to 9% on 1 January 2024. To help you do this, on 2 January 2023 we’ll be introducing a new button at the top of your Chart of Accounts page, called ‘Update to 8% defaults’.

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XERO Bank Reconciliation Billing Invoicing 246

Intuit

DECEMBER 23, 2024

These are the non-negotiablesthe bills you must pay to keep your life running smoothly. Bureau of Labor Statistics (BLS) data , the average American household spent about $77,280 on all expenses in 2023. So, what exactly qualifies as a living expense? According to U.S. Housing costs Home sweet home doesn’t always come cheap.

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Xero

NOVEMBER 22, 2023

This is leaving households with stretched budgets and not as much capacity to spend in small businesses, once all the household bills have been paid. y/y), sales growth was weaker than in Australia over the same period, but has been able to stay positive for most months of 2023. So it’s not surprising sales growth is slowing.

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XERO Billing Budgeting 279

Xero

JULY 31, 2023

Small business owners are well aware how hard it is for their customers right now, who are trying to stretch their budgets to cover the rising cost of household bills, transport, housing and debt repayments. Fast-forward to 2023 and small businesses are finding it much harder to make a sale. days late in March 2023.

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Insightful Accountant

JANUARY 23, 2023

You need to read this if you're an accountant who has firm-billed (wholesale billing or “Bill My Firm”) clients without a Payroll or Contractor Payment subscription, and are filing 1099(s) for the 2022 tax year.

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Billing QuickBooks Payroll Tax 105

Xero

MAY 23, 2023

In just a few months, we’re heading back to Sydney’s iconic Darling Harbour for Xerocon 2023! To set the scene, we’re thrilled to announce our host – Julia Zemiro, an iconic Australian TV personality and actress whose glittering career has seen her interview big names from Bill Bryson to Stephen Fry. So what can you expect?

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Compleatable

DECEMBER 14, 2023

and Sage 200 2023 R2. A useful AP update was the ability to convert an invoice to ‘header only’ extraction if there are lots of line items- this is particularly great for the likes of phone bills. Are there any new features we missed on this list that you loved in 2023? Perhaps a change you’d like to see in 2024?

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AWS FinOps

DECEMBER 20, 2024

You can simulate an entire bill computation by including cost impact analysis to workload and purchase option changes (e.g., Track and Allocate 3) Custom Billing View : we often say you cant improve what you cant measure. Learn how you can create that custom billing view and our recommended best practices in this blog post.

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FinOps FinOps Computation Billing 98

Compleatable

DECEMBER 14, 2023

and Sage 200 2023 R2. A useful AP update was the ability to convert an invoice to ‘header only’ extraction if there are lots of line items- this is particularly great for the likes of phone bills. Are there any new features we missed on this list that you loved in 2023? Perhaps a change you’d like to see in 2024?

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Purchase Order Accruals Invoicing AP 130

FinOps Foundation

NOVEMBER 22, 2024

Not considering realistic cost forecasts, or only considering cost after deployment, can lead to unwelcome outcomes, such as surprisingly high cloud bills, lower than acceptable product margins, and reduced options for cost optimization due to earlier design decisions. Watch this section of the keynote. of the Specification.

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Xero

DECEMBER 1, 2022

Recent research by our partner Airwallex shows that 70% of UK SMEs plan to expand into foreign markets in 2023. Receive bills and payments. Pranav Sood, GM EMEA, Airwallex says: “We’re proud to support Xero accountants and their clients as they expand internationally in 2023 and beyond. View reports in any currency.

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XERO Reconciling Purchase Order Invoicing 264

Xero

DECEMBER 13, 2023

In 2023, generative AI tools can generate poems, short stories and complex legal and medical documents in a matter of seconds. But I’m reminded of Bill Gates’ sentiments that: “We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten.”

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XERO Computation Billing Financial Services 278

Xero

NOVEMBER 30, 2022

The GST rate for Singapore businesses will increase from 7% to 8% on 1 January 2023. There will be some changes to tax rates of imported low-value goods and remote services that will apply from 1 January 2023. ZAR billing now available — South Africa. We are now offering Rand (ZAR) billing to customers in South Africa.

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XERO Payroll Bank Reconciliation Invoicing 246

Intuit

OCTOBER 16, 2023

Launched in March 2023 , the Fund is a multi-year initiative designed to advance renewable energy access and provide meaningful career pathways for youth in the coalfield communities of Virginia and West Virginia that have powered the country for decades. The first cohort of grant winners for the Coalfield Solar Fund are listed below.

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Billing 246

Xero

DECEMBER 14, 2022

Across New Zealand, Australia, the UK, the US and Canada, sales have been trending slower during 2022 as customers find themselves with less to spend once they’ve paid their rent/mortgage, groceries, household bills and transport. Preparing for 2023. Cash flow remains the number one challenge. New Zealand data. Australia data.

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XERO Billing Bookkeeping Accounting 246

FinOps Foundation

FEBRUARY 22, 2024

Key Insight: With economic pressure increasing across the world in 2023, many organizations are leaning on their FinOps teams to help prioritize cloud optimizations. The challenges of full allocation for high spenders is evidenced by the sample of companies contributing to the FOCUS open billing data specification (e.g.,

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Billing Platform

APRIL 10, 2023

As we start off 2023, we’re reviewing a few revenue management tips to consider to help achieve your revenue goals. 1) Simple subscription billing is waning A quick look at some recent figures can certainly be indicators that the once thriving subscription economy is on a downward trend.

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Billing Customer Service 75

Xero

JUNE 18, 2023

New practices in the UK who joined the Xero partner program after 6 March 2023, and those who have only ever used Xero HQ, can now enjoy a single client record.

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SSI Healthcare Rev Cycle Solutions

MARCH 16, 2023

Epic Billing Made Easy: Why SSI is the Claims and Clearinghouse Solution of Choice for Hospitals and Health Systems [Live Webinar] LIVE WEBINAR: March 29, 2023 at 10 am CT As a trusted industry leader with 900 Epic clients , SSI makes Epic billing as easy as possible, so you don’t ever have to leave your Epic environment !

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Revenue Cycle Revenue Cycle Management Billing 98

Future Firm

NOVEMBER 9, 2022

This is my complete guide to accounting automation in 2023. If you’re looking to automate accounting processes in 2023, here are some steps you can take: 1) General Ledger Accounting Software. So if you want to: Learn the 8 benefits of automated accounting. Save time by automating your accounting processes. Let’s get started.

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Accounting Accounting Accounts Payable Accounts Payable 98

Future Firm

MAY 24, 2023

Here is my complete guide to emerging accounting technologies for 2023. Incorporating accounting technology such as optical character recognition (OCR) software enables accounting firms and professionals to streamline their workflow by automating the extraction of machine-readable text from various financial documents, including bills.

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Xero

JUNE 18, 2023

We’re pleased to announce that new practices who joined the Xero partner program after 6 March 2023, and those who have only ever used Xero HQ, can now enjoy a single client record. As soon as you start using XPM, you’ll have all your clients, contacts and groups details from Xero HQ in there straight away.

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XERO Reconciling Bookkeeping Billing 246

Xero

OCTOBER 3, 2022

You won’t be able to use the older versions of our reports from 31 July 2023. Next on our list is ‘Bills to pay’. Don’t forget, we’re retiring the older versions of our reports in Xero, so you’ll need to start moving your work across to the new versions.

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XERO Purchase Order Payroll Tax 264

Xero

SEPTEMBER 7, 2022

A second beta that’s coming soon to Xero Analytics Plus will predict bill and invoice payments, including those that come from our app partners, making our short-term cash flow forecast more accurate. Getting quick access to answers in Xero. We shared some new updates in Xero that will help you quickly find the information you need.

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XERO Payroll General Ledger Bank Reconciliation 264

Xero

MARCH 19, 2023

From devastating weather events to rising costs of living pressures, it’s been a hugely challenging start to 2023. Plus, having all your bills in one place makes it easier to stay on top of weekly cash flow. The past few months have been a whirlwind for many New Zealanders.

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Invoicera

NOVEMBER 23, 2023

Pros Records expenses from credit card bills, emails, SMS, WhatsApp, Uber, etc Real-time views of expenses, policy violations, and budget utilisations Captures state-wise GST, saving time for finance teams Cons It does not support Chinese and Japanese languages. month (Billed annually) $ 7.99/month month (Billed monthly) 6.

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Billing Platform

FEBRUARY 17, 2023

What does 2023 hold in store for subscription-based organizations? According to consumer surveys , the competitive nature of the industry will be at an all-time high in 2023. In what has become a rapidly transforming and increasingly competitive landscape, traditional pricing and billing models pose significant growth risk.

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Billing General Ledger Invoicing Financial Reporting 52

MineralTree

JANUARY 19, 2023

Inflation and rising interest rates have most firms worried about their cash flow, and thus, finance departments are doing all they can to reduce overhead and organizational inefficiencies in 2023. 6 AP Automation Trends for 2023 Preparing for trends in Accounts Payable (AP) can help teams build resilience and brace for a recession.

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Accounts Payable Accounts Payable AP Accounting 76

FinOps Foundation

AUGUST 28, 2024

This source-agnostic billing standard is much-needed, as organizations must manage not just cloud infrastructure costs, but also SaaS, licensing, and on-premises costs. They also discuss this FOCUS adoption (via Azure billing data) in this demo video at the 8:30 mark. Introduction With the launch of FOCUS 1.0

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FinOps FinOps Cloud FinOps Billing 130

Xero

OCTOBER 31, 2022

You won’t be able to use the older versions of our reports from 31 July 2023. We’ve made an update so that negative eInvoices can now be converted from a draft bill into a credit note , making it easier to approve in a few clicks. We’ve introduced bar charts to the Top Customers and Top Vendors reports.

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XERO Payroll Invoicing Tax 264

Billing Platform

APRIL 22, 2023

BillingPlatform has recently been named the 2023 Forrester Wave leader in SaaS Recurring Billing Solutions. The Wave Report is an objective look at the most significant solutions in today’s billing landscape. So, why did Forrester Wave choose BillingPlatform as the leader in SaaS recurring billing solutions?

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Xero

SEPTEMBER 1, 2022

Sometimes, there’s a discrepancy between what is received from the bank and the amount on the customer’s bill or invoice. From January 2023, you’ll need to report parental leave and workers’ compensation separately in Xero Payroll. Make adjustments in the Xero Accounting app — Global.

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XERO Payroll Data Entry Tax 264

AWS FinOps

NOVEMBER 25, 2024

The differences in billing and usage data format and terminologies used by each provider adds complexity to your cost reporting process, as you normalize and analyze data across sources. It ensures each type of billing data appears in a consistent column that can be reliably referenced within or across sources. EffectiveCost/ListCost).

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FinOps FinOps Billing 52

CapActix

APRIL 30, 2023

Use QuickBooks Bills For effective QuickBooks accounting services, you have to streamline your business bills by paying through QuickBooks. From the Online Bill Payment option, you can eliminate unnecessary steps and bring ease to your life. or can call on +201-778-0509.

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FinOps Foundation

OCTOBER 31, 2024

At FinOps X in 2023, we first heard business leadership talk about applying FinOps to additional areas of spending; Natalie Daley from HSBC discussed incorporating private cloud, SaaS, and licensing costs into their FinOps practice for public cloud costs. We first explored this anticipated shift in the second edition of Cloud FinOps (pg.

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Xero

JANUARY 22, 2023

Their priorities are providing their customers with goods or services, and simply getting all the bills paid at the end of the month. We’ve got some interesting topics to explore in 2023 and I’m looking forward to the insightful discussions we’ll continue to have and sharing our collective learnings with you all.

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