Thu.Feb 08, 2024

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IRS warns tax pros about new EFIN scam

Accounting Today

The Internal Revenue Service issued a warning about a new scam email this tax season pretending to come from tax software providers asking for the preparer's Electronic Filing Identification Number.

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Have You Outgrown QuickBooks? | Webinar Presented by goVirtualOffice and AccountingDepartment.com

Accounting Department

Have you or your clients outgrown Quickbooks or a related solution? Need to streamline the process of handling operations? Stuck in an old system that is slowing down growth? Then this session is for you. Join Jennie Hoffman of AccountingDepartment.com and Chrissy Allard of goVirtualOffice as they take you through the signs that you have outgrown your current systems and tell the stories of businesses that have harnessed the power of an ERP.

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M&A roundup: CBIZ grows in Colorado, and more

Accounting Today

CBIZ acquires Erickson, Brown & Kloster; Bowers merges in Kasperski Dinan & Rink; Hiline acquires Calculate; and Kruggel Lawton plans to add Cole Gavlas.

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We're Teaming up with MSDW and ERPSWB - AP Tools Showcase

Fidesic blog

Thanks to the teams at Microsoft Dynamics World and ERPSoftwareBlog , two of the biggest and best content producers for the Dynamics Channel, we are going to be featured in an upcoming Accounts Payable Automation Comparison Showcase.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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.

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Small firms plan big spend in tech

Accounting Today

The smallest accounting firms are anticipated to be the biggest spenders in technology over the coming years, according to a recent survey from Caseware.

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Fidesic Launches New Product Suite Model for Dynamics ERP Accounts Payable

Fidesic blog

Fidesic is simplifying how accounting pros solve their specific AP pain points with à la carte accounts payable solutions for Microsoft Dynamics GP or D365 Business Central.

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QuickBooks Hosting FAQs: Answers to Your Burning Questions 

Ace Cloud Hosting

Hosting QuickBooks Desktop Software can empower businesses with the flexibility of remote access, added security, and scalability. However, not everyone can understand the insights into QuickBooks Hosting and how they.

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QuickBooks update splits 1099 cost with clients

Accounting Today

Intuit QuickBooks has introduced split billing for 1099s, which allows e-filing costs for 1099s to be split between accountants and their clients.

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Meet 2023 CAS/BPO ProAdvisor Award Winner : Jessica Fox

Insightful Accountant

We sat down with Jessica to get her thoughts on being the 2023 CAS/BPO ProAdvisor Award Winner, her journey, her path to success, and how she delivers 5-star service to her clients.

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IRS Direct File progresses through internal testing

Accounting Today

The Internal Revenue Service's Direct File free tax system has passed a key hurdle in the pilot test, passing muster with a dozen IRS employees successfully filing returns in as many states.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

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.

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Why Singapore is the Preferred Choice for Foreign Companies and Entrepreneurs

Counto

Why Singapore is the Preferred Choice for Foreign Companies and Entrepreneurs Singapore has long been a magnet for foreign companies and entrepreneurs seeking growth opportunities in Asia. Renowned for its strategic location, business-friendly policies, and robust legal and tax frameworks, Singapore continues to attract ventures of all sizes. Let’s explore why this dynamic city-state is the top choice for businesses looking to establish a foothold in the region.

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Weather victims in W. Virginia get federal tax relief

Accounting Today

The IRS is pushing back tax filing and payment deadlines for those affected by storms, landslides and mudslides last August.

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The 9 Best Accountant Soft Skills to Master

Future Firm

Accountant soft skills are an often overlooked component of building a successful firm and career. Learn where to start in this article. The post The 9 Best Accountant Soft Skills to Master appeared first on Future Firm.

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Hedge funds to share more on their strategies under SEC rule

Accounting Today

New rules will require firms to provide more details with watchdogs, including investments, borrowing and counterparty exposure.

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Your New & Improved Month-End Close Process Is Not So Far Out of Reach!

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!

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IRS updates FAQs for Form 1099-K

Insightful Accountant

In an effort to provide more resources for taxpayers during this filing season, the Internal Revenue Service today revised frequently asked questions (FAQs) for Form 1099-K, Payment Card and Third Party Network Transactions in Fact Sheet.

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Introducing tax automation and advisory solutions in your firm

Accounting Today

Firms can capitalize on AI to increase tax revenue growth.

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Have You Seen the Tax Tab in QuickBooks Online?

Insightful Accountant

Starting this month, the Tax Tab in QuickBooks Online customer files, including your own subscription clients, is asking about their 'tax preparation' method.

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Baker Tilly sees global revenue climb 11%

Accounting Today

Revenue reached $5.2 billion for the fiscal year ended Dec. 31, 2023.

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The Definitive Guide to Spend Management

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.

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Cash voucher definition

Accounting Tools

What is a Cash Voucher? A cash voucher is a standard form used to document a petty cash payment. When someone wants to withdraw cash from the petty cash fund, that person fills out the cash voucher to indicate the reason for the withdrawal, and receives cash from the petty cash custodian in exchange. If the person requesting cash is doing so because he or she wants reimbursement for an expense they already paid for from their own funds, then they should also staple the relevant receipt from the

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South Korean prosecutors appeal against acquittal of Samsung's Lee

Accounting Today

A Seoul court cleared Samsung Electronics Executive Chairman Jay Y. Lee of all charges including stock-price manipulation and accounting fraud.

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Solving Accounts Payable Pain Points with MakersHub

Earmark Accounting Podcast

Phong Ngo and Charle Howe join Blake to discuss how their accounts payable automation software is helping small and mid-sized manufacturers, construction companies, and other businesses capture detailed invoice data to enable precise job costing and reporting without expensive ERP implementations. Learn how starting with solving the accounts payable data entry pain point allows them to streamline workflows while accounting firms and their clients gain efficiency.

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Ransomware payments soared in 2023

Accounting Today

People shelled out over $1 billion in ransomware payments last year.

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

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.

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Setup Google App Engine Latency Monitoring and Alerting

Economize

Google App Engine (GAE) Uses Google App Engine (GAE) is a fully managed, serverless environment allows developers to focus on coding rather than the underlying infrastructure, making it an attractive option for a wide array of projects. GAE supports popular languages such as Python, Java, and Node.

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Boost Your Business's Cash Flow with Accounts Receivable

Enterprise Recovery

Accounts receivable is an essential aspect of any business's financial management. It refers to outstanding payments owed to your company for goods or services provided on credit or with an agreement that payment is owed. By allowing your business clients to defer payment, your company can attract more clients and increase sales. Managing A/R effectively , however, is crucial to maintain a healthy cash flow.

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Cash Application FAQs

oAppsNet

As organizations seek to optimize their financial workflows, questions often arise regarding the intricacies and benefits of cash applications. This article aims to demystify cash applications by addressing frequently asked questions (FAQs) and clarifying their functionality, challenges, and strategic importance within the broader financial landscape. 1.

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How to copy and paste from a PDF

Nanonets

Copying from PDFs can be a challenging task. When pasting the copied text or data, often the formatting must be fixed, with spacing, alignment, and special characters all over the place. Cleaning it up can take ages. Extracting content from PDF files can be a hassle, but with the right tools and techniques, it can be done with ease. This comprehensive guide will walk you through different methods to copy various types of content from PDF files, making the extraction process faster and more effic

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Putting the ‘Tech’ in Spend Management Techniques

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!

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A Comprehensive Guide to Choosing the Right FinOps Tools in 2024

finout

Table of Contents What Are Cloud FinOps Tools? Cloud Cost Management Versus FinOps Key Functions and Features Choosing a FinOps Tool Thats Right For Your Business 5 FinOps Tools to Consider in 2024 In January 2022, Troy Hunt, the owner of the popular data breach-reporting service “Have I Been Pwned”, received a bill from Microsoft Azure racking up $11,000 in unexpected costs.

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Tipalti vs. BILL: Software Guide for AP & Finance Teams

Nanonets

Among finance professionals and business leaders, AP automation is quickly shifting from an exploratory endeavor to a key strategic priority. By streamlining the accounts payable cycle with Artificial Intelligence and automation-centric tools, AP teams can reap the benefits of airtight data accuracy, seamless invoice processing , and downstream collaboration with other teams or business processes.

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Mark Your Calendar: 2024 Tax Deadlines for Singapore Businesses

Counto

Mark Your Calendar: 2024 Tax Deadlines for Singapore Businesses As we step into 2024, it’s good practice to mark your calendar for the year’s compliance deadlines. To avoid hefty penalties, early preparation is key. At Counto, we understand the importance of staying ahead, which is why we’ve curated a detailed roadmap of essential tax deadlines to streamline your planning process.

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Calendly Meeting Analytics

Nanonets

Inroduction Ever find yourself swamped with meeting data but not enough insights? Well, you're not alone. Business analysts everywhere are turning to innovative solutions to turn that data deluge into actionable intelligence. Enter Nanonets Workflow Automation, a game-changer in harnessing the power of Calendly integration to supercharge your meeting analytics.

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Book of Secrets for the Month-End Close

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.