Accounting Today
MAY 2, 2024
A set of polls has found that leaders expect that generative AI will lead organizations to actually increase, not decrease, their headcount, at least in the short term.
Xero
APRIL 30, 2024
We want to make sure the needs of small businesses and their advisors are met well into the future — and that means providing you with easier access to tools that help you run your business efficiently. That’s why we’re refreshing our subscription plans for small businesses and partners, which will be available from 1 July 2024. We’ve put a lot of consideration into creating streamlined plans with bundled tools and features, to help solve your most important accounting and people managemen
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Accounting Department
APRIL 30, 2024
Fyle provides a software solution that empowers small businesses to effortlessly access their corporate credit card transaction data, granting them enhanced insight into employees' expenditures in real time. This software seamlessly integrates with the accounting tools of small businesses, automating the retrieval of expense data and relieving finance teams from the burden of manual transaction input.
Fidesic blog
MAY 2, 2024
What is VendorVault? VendorVault by Fidesic is a secure vendor portal that makes it easier for your vendors to submit, manage and status check their own invoices.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.
Insightful Accountant
APRIL 29, 2024
Insightful Accountant proudly announces this year's Top 100 ProAdvisors along with our Emeritus ProAdvisors of the Year. Congratulations to all being recognized for this year's awards.
Accounting Today
APRIL 29, 2024
A recent survey from EY found that 90% of respondents already use at least some AI in their work, and other recent developments around the technology.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Accounting Department
MAY 3, 2024
We are thrilled to announce that Episode 18 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.
Cevinio
APRIL 29, 2024
Discover the essential role of a comprehensive training program in our latest blog, which highlights why it's the first critical step in any successful AP automation plan for automated invoice processing.
Nanonets
APRIL 30, 2024
Businesses increasingly lean on outside contractor support for many operational functions as payroll costs balloon and global talent pools become increasingly accessible. For companies using QuickBooks, a range of self-service contractor payment options are available that, additionally, can be optimized using third-party integrations. We’ll take a quick look at paying contractors through QuickBooks, but, in reality, the process couldn’t be more straightforward for even the least te
Accounting Today
MAY 2, 2024
The pace of small business job growth slackened in April, but hourly earnings ticked up to 3.34% for the month, ending a nearly two-year slowdown, according to payroll processor Paychex.
Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence
In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.
Xero
APRIL 28, 2024
We know how important time, attendance and scheduling (TAS) needs are for any small business. And for Australian employers, we know it is even more important because Australia has some of the most complex payroll compliance requirements in the world. Following a careful review of our current TAS solution, we have made the difficult decision to retire our Planday product on 30 September 2024.
Accounting Department
MAY 2, 2024
Last week, AccountingDepartment.com Business Development Representative, Shawn Marcum hit the road and attended the CEO Coaching Make BIG Happen Summit in Miami, FL.
Insightful Accountant
APRIL 28, 2024
Microsoft says that the solution to the problem of having been unable to send emails from QuickBooks after updating Outlook Desktop to Version 2402 has now been resolved.
Accounting Tools
MAY 2, 2024
What is a Separate Entity? The separate entity concept states that we should always separately record the transactions of a business and its owners. The concept is most critical in regard to a sole proprietorship , since this is the situation in which the affairs of the owner and the business are most likely to be intermingled. Here are several examples of the rules to be followed when using a separate entity: An owner cannot remove funds from a business without recording it as either a loan , c
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The status quo for AP in small and mid-market companies is broken. It consists of messy tech stacks of siloed solutions that give rise to manual work, a lack of control, wasted spend, and unnecessary risks. The benefits of shifting to spend management are tangible, measurable, and are felt across the whole organization. Spend management is a different way of thinking and an innovation whose time has come.
Accounting Today
MAY 1, 2024
The U.S. Treasury Department will unveil the final version of new rules limiting a popular tax credit for electric car buyers as soon as Friday as the Biden administration races to complete regulations ahead of the November election.
Xero
APRIL 28, 2024
Bank feeds are a great way to import transactions from your financial institution directly into Xero, so you can easily complete the reconciliation process. But the US is a pretty challenging market when it comes to providing high-quality bank feeds. There are more than 4,000 financial institutions, each with their own capabilities and nuances. To address this and help you get transactions into Xero more easily, we’ve been focused on improving the coverage and quality of our bank feeds.
Ace Cloud Hosting
MAY 3, 2024
As accounting businesses and firms prepare for the future, many of them are realizing that empowering women is of great importance for helping their firm forge the way of doing.
Insightful Accountant
APRIL 30, 2024
Docyt and x·quic have partnered to deliver bundled financial services for hotel owners and franchisees.
Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC
In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.
Accounting Tools
MAY 2, 2024
What is a Self-Liquidating Loan? A self-liquidating loan is a debt that is paid off from the cash flow generated by the assets originally acquired with the funds from the debt. The scheduled loan payments are typically structured to coincide with the cash flows generated by the underlying asset. These loans are structured to have a short duration, and are used to fund temporary increases in current assets.
Accounting Today
APRIL 30, 2024
A staff report from the Public Company Accounting Oversight Board recommends digging into the factors underlying firm deficiencies.
Economize
MAY 3, 2024
AWS offers flexible pricing plans to support its customers and avoid a hefty cloud bill. AWS Savings Plan and Reserves Instances are two such cost-effective pricing models that aid to enjoy your AWS services without blowing your budget. Each model offers unique benefits and is designed for specific usage needs.
Ace Cloud Hosting
MAY 2, 2024
Thinking about getting QuickBooks to streamline your inventory and simplify accounting? Awesome! But hold on a sec… Before you proceed further, let’s make sure if it’s the right move for.
Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker
If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!
Insightful Accountant
APRIL 30, 2024
It's time to recertify for most QuickBooks Online ProAdvisors ('Core' or 'Advanced'). The recertification window opens May 1 with a June 30, 2024 deadline for exam completion.
Accounting Tools
APRIL 29, 2024
What is Short-Term Debt? Short-term debt is the amount of a loan that is payable to the lender within one year. Other types of short-term debt include accounts payable, commercial paper , lines of credit , and lease obligations. The balance in the short-term debt account is a major consideration when evaluating the liquidity of a business. Evaluating Short-Term Debt To evaluate short-term debt, compare the current assets figure on the balance sheet to the current liabilities figure.
Accounting Today
APRIL 29, 2024
Notice 2024-36 announces the second round of credit allocations for a program to allocate the remaining $6 billion in credits.
Less Accounting
MAY 2, 2024
Outsourced bookkeeping is a strategic service that many small businesses turn to in order to maintain accurate financial records without the overhead of a full-time accountant or bookkeeper. This solution can streamline financial management, reduce costs, and allow business owners to focus more on core business operations. However, to effectively leverage outsourced bookkeeping, it’s essential to understand some foundational principles.
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All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!
Jetpack Workflow
MAY 2, 2024
Podcast Summary Today’s episode features Samantha Santaniello, partner at R.S.K Tax & Consulting. Samantha discusses the importance of setting boundaries to manage time effectively as a business owner. Host David Cristello explores topics like systems and processes for scaling a firm, balancing work and family life, and utilizing AI transcription tools.
Insightful Accountant
MAY 1, 2024
In 2024, tax tech is evolving rapidly with AI, data analytics, and blockchain. Tax pros need to adapt to these innovations for effective use.
Accounting Tools
APRIL 28, 2024
What is Sales Returns and Allowances? Sales returns and allowances is a deduction from sales that shows the sale price of goods returned by customers , as well as discounts taken by them to retain defective goods. When this amount is large in proportion to total sales , it indicates that a business is having trouble shipping high-quality goods to its customers.
Accounting Today
APRIL 30, 2024
A hearing on Capitol Hill reveals some of the problems with the act, and why we may see 'massive' noncompliance.
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Developing a consistent month-end close doesn’t need to be a mystery. We’re sharing our top 10 secrets (plus one bonus!) for streamlining your close.
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