Thu.Nov 14, 2024

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Master Vendor File: Best Practices and Setup in Dynamics BC and GP

Fidesic blog

A Master Vendor File (aka: Vendor Master File, Master Vendor List, or Supplier Master File) is an important part of accounting best practices, particularly where accounts payable is concerned. In this post we answer import questions like, What is a master vendor file, Why is a vendor master file important, and we share some best practices. Finally we will give a brief overview of how to set up your master vendor file in Microsoft Dynamics GP and D365 Business Central.

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Leveraging Purchasing Innovations for Business Success

Compleatable

In today’s fast-paced and competitive business environment, organisations of all sizes face significant challenges when it comes to procurement. Whether managing tight budgets, optimising supply chains, or navigating increased customer demands, businesses need smarter, more efficient purchasing processes to stay ahead. Here, we explore some of the latest trends and innovations that can help organisations streamline their operations, reduce costs, and mitigate risks.

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PCAOB amends rules on deregistering audit firms

Accounting Today

The rule change addresses situations in which a firm has ceased to exist, is nonoperational or no longer wishes to remain registered.

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ADC Attends The 2024 Genius Network Annual Event

Accounting Department

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.

Billing 264
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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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FASB wants feedback on financial KPIs

Accounting Today

The invitation to comment requests input on financial key performance indicators such as EBITDA and free cash flow and how they should be treated.

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Adding $2M in Accounting Services in 36 months w/ Greg O’Brien CPA, CTS

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes back Greg O’Brien , Co-CEO of Anomaly CPA , for an insightful discussion about the evolution of his firm since their last conversation three years ago. They reflect on the growth of Anomaly CPA, including the firm’s current headcount and revenue, as well as the strategic decisions made to invest in alternative positions beyond client-facing roles, such as marketing, IT, and operations.

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Live Accounting, Instant Insights: Welcome to the Future with Counto

Counto

Live Accounting, Instant Insights: Welcome to the Future with Counto Bringing Real-Time Accounting into Focus As we push forward in redefining accounting , we’re excited to unveil a breakthrough that’s all about transparency, speed, and control: real-time status tracking for all your accounting needs with Counto. With our latest feature, keeping tabs on your financial processes has never been easier or faster.

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CDP and GRI sign pact on sustainability reporting

Accounting Today

The Carbon Disclosure Project and the Global Reporting Initiative plan to deepen their collaboration.

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Best 7 Invoicing Software For Financial Services

Invoicera

Managing invoices in financial services is no walk in the park. Every bill, statement, and report has to be just right—because, in this industry, a minor mistake could mean a major migraine. It’s not just about sending an invoice; it’s about doing it with precision, ensuring compliance, and, of course, making a good impression on clients who expect absolute professionalism.

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Citrin Cooperman buys Clearview Group

Accounting Today

The Top 25 Firm based in New York added a management consulting and CPA firm in the Baltimore area, its second acquisition in two days.

CPA 162
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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Master Vendor File: Best Practices and Setup in Dynamics BC and GP

Fidesic blog

A Master Vendor File (aka: Vendor Master File, Master Vendor List, or Supplier Master File) is an important part of accounting best practices, particularly where accounts payable is concerned. In this post we answer import questions like, What is a master vendor file, Why is a vendor master file important, and we share some best practices. Finally we will give a brief overview of how to set up your master vendor file in Microsoft Dynamics GP and D365 Business Central.

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Puzzle launches automation for cash and accrual accounting

Accounting Today

The accounting solutions provider is now focusing on small businesses after mainly concentrating on the bookkeeping needs of venture-backed startups.

Accruals 130
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The Complete Guide to NetSuite Saved Searches

Nanonets

For businesses using NetSuite, the Saved Search tool is like having a custom search engine that digs through all your data in seconds. It helps you pull the specific information you need and can even automate regular updates, alerts, and reports. Whether you’re just getting started with NetSuite or looking to sharpen your skills, this guide covers everything you need to make the most out of Saved Searches.

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Sotheby's pays $6M to settle NY sales tax evasion probe

Accounting Today

The auction house was accused of advising wealthy clients they could avoid sales taxes by falsely claiming they were buying art for resale purposes.

Tax 130
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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Top ABBYY FlexiCapture alternatives for document processing

Nanonets

ABBYY is a technology company making document processing software since 1989. Their product lineup includes FineReader PDF for OCR and PDF management, FlexiCapture for enterprise document capture, ABBYY Vantage for intelligent document processing, Timeline for process intelligence, and Mobile Capture for mobile document scanning. This comparison primarily focuses on alternatives to ABBYY FlexiCapture.

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Discover delays filing over accounting disagreement with SEC

Accounting Today

Discover disclosed last year that it overcharged merchants after misclassifying certain credit-card accounts into its highest pricing tier, and the CEO stepped down.

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Bluevine Line of Credit Review

Fit Small Business

A Bluevine Line of Credit can be a great option for businesses with short-term financing needs. It allows you access to funds to help cover business expenses, supplement cash flow, or help grow your business. It also offers favorable rates and flexible qualification requirements compared with other lenders. In this review, I will walk you. The post Bluevine Line of Credit Review appeared first on Fit Small Business.

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Accountants shouldn't drown in employee purchase reconciliations

Accounting Today

The emergence of virtual cards, especially when combined with AI-powered fintech apps, offers accountants a new approach to solving a long-standing challenge.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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Top ProAdvisor Profiles: Lauretta Finis

Insightful Accountant

This week, we are proud and honored to share the profile of Lauretta Finis, Insightful Accountant's 2024 International ProAdvisor of the Year.

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Top Remote Accounting Candidates for Hire | November 14, 2024

accountingfly

Top Remote Candidates This Week Are you in need of remote accountants? Accountingfly can assist you! Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of our top remote accounting candidates for this week. Sign up now to receive the full list of available top accounting candidates on a weekly basis!

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How to Integrate QuickBooks with HubSpot

Fit Small Business

I’ll show you how to integrate QuickBooks with HubSpot, which allows you to synchronize your accounting and CRM data between the two software. I’ll walk you through each step—from connecting the platforms to selecting what data to sync and how to configure the data before bringing them over to QuickBooks Online or HubSpot. I’ll also. The post How to Integrate QuickBooks with HubSpot appeared first on Fit Small Business.

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Procurement updates

Tipalti

Tipalti now makes it easier than ever to manage all spend in a single view, reducing the time the procurement team spends on training employees and improving overall efficiency.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Beginners Guide to The Gemini LLM

Nanonets

A practical guide exploring Gemini LLM's strengths and limitations, covering tasks like creativity, reasoning, and empathy, with insights on when to use it. What is Gemini? Gemini, developed by Google DeepMind , was launched in December 2023 as a powerful Large Language Model designed to handle a wide range of tasks. It combines advanced natural language understanding with fast, reliable performance.

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NetSuite ERP: The Total Guide

Tipalti

The Total Guide to NetSuite ERP: What is NetSuite ERP? Our guide covers everything you need to know about NetSuite ERP, including integration, market fit, pricing, features, and comparisons. Access our free e-book to learn more about automating accounts payable and global mass payments with NetSuite. What is NetSuite ERP?