Wed.Nov 29, 2023

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FinCEN extends deadline for new companies to file beneficial ownership reports

Accounting Today

The Treasury Department's Financial Crimes Enforcement Network is pushing back the deadline for new companies, but not old ones.

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The Importance of Risk Management in SMB Spending

Accounting Department

As a business owner or CEO, spending money is part and parcel of running a successful enterprise. As you grow your business, you will find yourself spending more and more money on various expenditures.

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Ascend adds Wilson Lewis in Atlanta

Accounting Today

The acquisition of Wilson Lewis takes private-equity-backed platform Ascend over $100 million in revenue.

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10 Continuous Deployment Tools To Consider

ProsperOps

As businesses push for faster release cycles and high-quality apps, continuous deployment (CD) tools bridge the gap between development and delivery. Think of CD tools as the baton passing from runner to runner in a relay race. Because the hand-off is so critical, automation and reliability have become indispensable. This article explores the benefits of CD and outlines the top CD tools reshaping how we think about software deployment.

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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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This year in Vendor Spotlights: Cloud, automation, AI and more

Accounting Today

Over the course of 34 Vendor Spotlights in 2023, we have seen many companies promote their capacities in cloud computing, automation and artificial intelligence.

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6 Common QuickBooks Hosting Myths Dispelled

Ace Cloud Hosting

QuickBooks hosting is a powerful technology that enables businesses to experiment and innovate rapidly, often regarded as a catalyst for “speed-to-market” and a driver of remote accounting. By providing on-demand.

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How Safe is Lacerte Tax Software on a Cloud Server?

Ace Cloud Hosting

Lacerte Tax Software is a comprehensive cloud solution that helps you make the most of your tax filing. With its easy-to-use features, you can be sure that filing taxes with.

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Without accountability, DEI initiatives will fail

Accounting Today

Plante Moran separated its culture and DEI metrics to more accurately measure the firm's diversity journey.

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Exploring the Synergy of Trade Gecko's Dynamic Features with QuickBooks Online and QuickBooks Online Advanced

Insightful Accountant

Discover the latest advancements in QuickBooks Online and QuickBooks Online Advanced as we delve into the integration of Trade Gecko's powerful features!

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Is a PEO just what your clients need?

Accounting Today

Here are seven ways a PEO can help businesses manage their human resources.

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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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Xero Introduces New Automated Sales Tax

Insightful Accountant

Xero has teamed up with Avalara to offer a new automated sales tax functionality when Xero users make us of the new Xero Invoice feature.

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M&A roundup: Eide Bailly and McMillan expand

Accounting Today

Eide Bailly is merging in High Plains Technology; and McMillan Consulting acquired Paul Rafanello's CPA practice.

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5 Gift Ideas for Bookkeepers & Accountants

LedgerDocs

The holiday season is upon us, and it’s time to show appreciation to the hardworking bookkeepers and accountants in your life. Maybe your loved one is a numbers person and you’ve ran out of ideas for presents this holiday season? Whatever your situation, we’ve put together a list of 5 great gift ideas for the modern bookkeeper or accountant. 1.

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How Logan Graf Built a Dream Firm in Three Years

Earmark Accounting Podcast

Rising CPA star Logan Graf joins Blake to discuss his success in growing a profitable firm in just three years. Logan shares his unique transparent approach, how he rapidly increases his pricing year over year, and how he structures productized service packages to maximize profits. Blake and Logan talk about automating the client onboarding process, and key strategies around requiring upfront payments.

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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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5 Ways to Get Your Books on Track for Year-End

Bookkeeping Express

As the 2023 year-end draws near, it’s crucial for businesses to have a firm grasp on their financial standing. Are you juggling receipts from various corners, and has your bookkeeping been neglected since earlier this year? Don’t worry – it’s not too late to regain control and ensure a smooth transition into the new year. Follow our five-step plan to regain financial clarity and maximize your tax advantages. 1.

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The Importance of Monitoring Job Costs for Service-based Businesses

Insightful Accountant

The practice of job costing allows businesses to track and manage their expenses on a project-by-project basis, ensuring profitability and facilitating strategic decision making.

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Document Approval Workflow: A Complete Guide

Nanonets

Introduction In the fast-paced world of modern business, document approval processes are paramount. These processes, which encompass the review, modification, and finalization of documents, are critical in ensuring that business operations run smoothly and adhere to necessary compliance standards. These processes impact everything from internal communications and contract negotiations to financial reporting and project management.

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The Importance of Monitoring Job Costs for Service-based Businesses

Insightful Accountant

The practice of job costing allows businesses to track and manage their expenses on a project-by-project basis, ensuring profitability and facilitating strategic decision making.

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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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How I Ran My Firm Without Timesheets

Future Firm

Future Firm Accounting Podcast, Practice Management The post How I Ran My Firm Without Timesheets appeared first on Future Firm.

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Don't Miss Murph and Liz Together Again for Our Next QB Talks

Insightful Accountant

Murph will host Liz Scott for December's QB Talks focusing on QuickBooks Online at Year-end. This informational hour will be Wednesday December 13, 2023 at 2:00 PM Eastern time.

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Member Spotlight: Reach New Heights with Certifications

NACM

Seeking and acquiring knowledge is fundamental for any professional. It is what propels us forward in our careers. By earning designations through NACM's Professional Certification Program, credit professionals are not only educating themselves on various credit management disciplines, but they are gaining the necessary skills to become a master in.

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Study shows Automation Putting Accounting on the Right Path

Insightful Accountant

A study undertaken by ShareFile is challenging assumptions made about the industry. Notably 96% of accountants view automation in accounting as important, and 51% consider it very important.

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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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US weighing reprieve for automakers on electric vehicle tax credits

Accounting Today

The Biden administration has discussed granting automakers a temporary reprieve from new rules poised to limit a consumer tax credit for electric vehicles that contain certain materials from foreign adversaries, a Michigan senator said Tuesday.

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Listener Mail: Compilations, Talent Crisis, ESOPs, 120 v. 150, TurboTax

Cloud Accounting Podcast

Blake and David sort through the listener mailbag to find out what you think! Amongst the letters, we’ve got opinions on accounting without assurance and the industry talent crisis, as well as potential unethical practices by some tax experts, and the need for accrediting standards for accounting programs. Blake and David also address the complex nature of the taxation system and emphasize the need for industry-wide changes to address ethical dilemmas.