Intuit

APRIL 5, 2023

It’s April once again, and Intuit is celebrating Financial Literacy Month with a focus on helping students, individuals and small businesses develop financial habits and improve their financial literacy. Named by The World Economic Forum as one of the most critical, durable skills every student needs to succeed, financial literacy helps to prepare people for the jobs of the future, so they can live more successful and prosperous lives.

QuickBooks 246

QuickBooks Budgeting Tax Accounting Software 246

Nanonets

APRIL 5, 2023

If you’re a conversational AI or AI language model developer, one of the last things you want your artificial intelligence to do is to entertain inflammatory notions or ethical and moral quandaries. The AI Alignment field exists to regulate the response of chatbots like ChatGPT to ensure that they fulfill their intended purpose and avoid responding to inflammatory, unethical, or morally questionable prompts.

Computation 94

Computation 94

Accounting Tools

APRIL 5, 2023

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook What is Interest Receivable? Interest receivable is the amount of interest that has been earned, but which has not yet been received in cash. Many organizations consider this amount to be immaterial, and so will not record it. Presentation of Interest Receivable The interest receivable account is usually classified as a current asset on the balance sheet , unless there is no expectation to receive payment from the borrower within

Bookkeeping 75

Bookkeeping Invoicing Collections Accounting 75

Insightful Accountant

APRIL 5, 2023

According to a LendingClub Corporation study, half of employed consumers have supplemental income sources in addition to their paychecks.

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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.

Accounting

Accounting Tools

APRIL 5, 2023

Related Courses The Balance Sheet The Interpretation of Financial Statements What is Negative Stockholders’ Equity? A negative balance may appear in the stockholders' equity line item in the balance sheet. Such a balance implies that a company has incurred losses of such size that they completely offset the combined amount of any payments made to the company for its stock by investors , and any accumulated earnings from prior periods.

Financial Statements 75

Financial Statements 75

Insightful Accountant

APRIL 5, 2023

Intuit QuickBooks has announced its latest Small Business Index data.

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QuickBooks 88

Nanonets

APRIL 5, 2023

In today's digital age, document management has become a critical aspect of managing business information. A document management workflow (DMW) is a systematic process of capturing, storing, managing, and tracking documents throughout their life cycle. A streamlined DMW can significantly improve a company's efficiency, productivity, and accuracy in managing documents.

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Purchase Order Invoicing Data Entry Invoice Processing 52

CloudZero

APRIL 5, 2023

What makes a room full of DevOps engineers laugh? The following DevOps memes and funny quotes — perhaps.

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Nanonets

APRIL 5, 2023

In the world of lending, risk management is crucial to success. But with a growing number of loan applications and an increasing number of delinquencies, how can lenders effectively manage risk without sacrificing efficiency? The answer lies in automating steps in the lending process. Automation enables lenders to conduct more stringent credit checks, income verification, and other critical verifications to ensure that only qualified borrowers are approved.

Data Entry 52

Data Entry Tax 52

Accounting Tools

APRIL 5, 2023

Related Courses Cost Accounting Fundamentals Operations Management What is Backflush Costing? Backflush costing is a streamlined approach to recording the cost of production only after goods have been produced. In essence, no accounting transactions are recorded until all production has been completed, at which point all related raw materials are charged to a finished goods inventory asset.

Cost Accounting 40

Cost Accounting Billing Auditing Accounting 40

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.

Intuit

APRIL 5, 2023

Tax season can be a stressful time of year. With Tax Day rapidly approaching on April 18, millions of Americans are working to get their taxes done quickly, easily, and accurately to maximize their refunds and get some peace of mind. Everyone deserves an advocate that helps keep them and their financial interests front and center during tax season. Today, Intuit proudly serves over 100 million customers worldwide through our products.

Tax 246

Tax 246

Accounting Tools

APRIL 5, 2023

Related Courses Optimal Accounting for Cash How to Audit Cash The Balance Sheet A business can report a negative cash balance on its balance sheet when there is a credit balance in its cash account. This happens when the business has issued checks for more funds than it has on hand. When a negative cash balance is present, it is customary to avoid showing it on the balance sheet by moving the amount of the overdrawn checks into a liability account and setting up the entry to automatically revers

General Ledger 40

General Ledger Accounts Payable Accounts Payable Auditing 40

NACM

APRIL 5, 2023

This is my last week of FCIB's International & Credit Risk Management (ICRM) course. Not only am I working on finishing the last chapter of the course (Compliance and Legal), but I'm also expected to complete the course evaluation before starting the final exam.In preparation for the exam, I've attended the final review session, studied the pre.

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Accounting Tools

APRIL 5, 2023

Related Courses Guide to Audit Working Papers How to Conduct an Audit Engagement What are Audit Tick Marks? Audit tick marks are abbreviated notations used on audit working papers to denote auditing actions taken. These tick marks are useful from the audit manager's perspective, to see which activities have been completed. They are also useful as evidence, to show which audit steps were completed to support the auditor’s opinion for the financial statements of a client.

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Auditing Financial Statements Computation 40

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Accounting

Billing Platform

APRIL 5, 2023

Commonly used by software-as-a-service (SaaS) companies, the subscription business model can’t be beat when it comes to benefits. This business model allows you to sell your product to customers once and receive a recurring revenue stream that provides you with a consistent cash flow for easier and more accurate financial forecasting. And the advantages don’t stop there.

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Billing General Ledger Collections Invoicing 52

Accounting Tools

APRIL 5, 2023

Related Courses Capital Budgeting Financial Analysis What are the Advantages of the Payback Period? The payback period is an evaluation method used to determine the time required for the cash flows from a project to pay back the initial investment. For example, if a $100,000 investment is needed and there is an expectation of the project generating positive cash flows of $25,000 per year thereafter, the payback period is considered to be four years.

Financial Analysis 40

Financial Analysis Budgeting Accounting Accounting 40

Nanonets

APRIL 5, 2023

The digital era has brought about an immense shift in the way businesses operate, with automation becoming a key driver of efficiency and productivity. While traditional automation systems focused on streamlining repetitive tasks, intelligent process automation (IPA) takes it a step further by leveraging the power of artificial intelligence (AI) and machine learning (ML) to automate complex business processes.

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Customer Service Account Reconciliation Invoice Processing Payroll 98

Accounting Tools

APRIL 5, 2023

Related Courses Accounting for Freight What is In Transit? In transit refers to tangible goods or paperwork that are en route from one location to another. In accounting, the "in transit" term is most commonly applied to deposits that are in transit from a company to its bank, resulting in a reconciling item on the company's bank reconciliation if the checks are in transit at the end of a month.

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Bank Reconciliation Deposits Reconciling Computation 40

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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.

AP

Cloud Accounting Podcast

APRIL 5, 2023

Using ChatGPT to audit; accounting salaries on the rise; misclassification of expenses at heart of Trump indictment; church sued for forcing employees to tithe; here's what you can do to help the accountant shortage; a dating sim that does your taxes; half of U.S. workers earn money from a side gig; CEOs quietly backtracking on remote work; where all the SVB depositor money went Sponsors OnPay - [link] Zoho - [link] Keeper - [link] Chapters (00:00) - CAP 326 (00:23) - Preview: Where does hush mo

Accounting 98

Accounting Accounting Tax Auditing 98

Accounting Tools

APRIL 5, 2023

What is Interest Income? Interest income is the amount of interest that has been earned during a specific time period. It is earned from investments that pay interest, such as in a savings account or certificate of deposit. It is not the same as a dividend , which is paid to the holders of a company's common stock or preferred stock , and which represents a distribution of the issuing company's retained earnings.

General Ledger 40

General Ledger Deposits Accounts Receivable Accounts Receivable 40

Accounting Tools

APRIL 5, 2023

Related Courses Corporate Cash Management Corporate Finance Investing Guidebook What is Interest Earned? Interest earned is the amount of interest earned from investments that pay the holder a regular series of mandated payments. For example, interest earned can be generated from funds invested in a certificate of deposit or an interest-bearing bank account.

Accruals 40

Accruals Corporate Finance Deposits Tax 40

Accounting Tools

APRIL 5, 2023

Related Courses Bookkeeping Guidebook Closing the Books The Year-End Close What are Final Accounts? Final accounts is a somewhat archaic bookkeeping term that refers to the final trial balance at the end of an accounting period from which the financial statements are derived. This final trial balance includes every journal entry used to close the books, such as: Wage and payroll tax accruals Income tax accruals Asset write downs Adjustments to reserves for returns, bad debts , and obsolete inven

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Accruals Financial Statements Accounting Accounting 40

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

APRIL 5, 2023

Related Courses Expense Report Best Practices What are Incidental Expenses? Incidental expenses are minor expenditures associated with business travel. These expenses comprise an immaterial part of the travel and entertainment costs that a person might incur. They are frequently paid out in cash , since they are so small. Given their small size, a business does not usually bother to budget for incidental expenses.

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Expense Reports Budgeting Auditing Tax 40

Accounting Tools

APRIL 5, 2023

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook What is a Sales Day Book? The sales day book is a manually-maintained ledger in which is recorded the key detailed information for each individual credit sale to a customer. It includes the customer name, invoice number, invoice date, and invoice amount. This information is usually added to the sales day book at the end of each business day, based on the company's copies of all customer invoices issued.

Computation 40

Computation Bookkeeping Invoicing Accounting Software 40

Accounting Tools

APRIL 5, 2023

Related Courses Economic Indicators What is Inflation? Inflation is the aggregate level at which prices for goods and services are increasing. When inflation occurs, it means that the purchasing power of consumers and businesses is declining, unless they can increase their income by an offsetting amount. Inflation also reduces the value of savings. If the inflation rate is higher than the return on investment that a person or business is experiencing, then there is a net decline in investment.

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Accounting Tools

APRIL 5, 2023

Related Courses Corporate Finance Investor Relations Guidebook Public Company Accounting and Finance What is an Investor? An investor is an entity that commits money to a venture with an expectation of generating a return. The type of commitment made can be in many forms, such as a guarantee to pay creditors , a loan , an equity investment, tangible assets , or even the contribution of labor.

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Corporate Finance Financial Statements Accounting Accounting 40

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!

Accounting

Accounting Tools

APRIL 5, 2023

Related Courses Fixed Asset Accounting Goodwill Impairment Essentials What is Impairment? Impairment is a permanent decline in the value of an asset. This situation exists when the cash flows or other benefits generated by an asset decline, as determined through a periodic assessment process. Depending on the situation, an impairment can cause a major decline in the book value of a business.

Accounting 40

Accounting Accounting 40

Accounting Tools

APRIL 5, 2023

Related Courses Operations Management What is an Item Master? An item master is a record that lists key information about an inventory item. This information may include the description, unit of measure, weight, dimensions, ordering quantity, and so forth for an item. An item master is used as an information source for a variety of purchasing and production planning activities.

Record Keeping 40

Record Keeping 40

Accounting Tools

APRIL 5, 2023

Related Courses Fixed Asset Accounting How to Audit Fixed Assets When factory equipment is repaired, there are two ways to account for the repair, which are based upon its effect on the equipment. If the repair merely returns the equipment to its normal operating condition (which is the case most of the time), charge the cost of the repair to factory overhead , which is a cost pool.

Accounting 40

Accounting Accounting Auditing 40

Accounting Tools

APRIL 5, 2023

What is Interest? Interest is the cost of funds loaned to an entity by a lender. This cost is usually expressed as a percentage of the principal on an annual basis. Interest can be calculated as simple interest or compound interest , where compound interest results in a higher return to the investor. Depending on the tax laws of the applicable government entity, interest expense is tax deductible for a borrower.

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Tax 40

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