Accounting Today

OCTOBER 4, 2023

The service is reducing the annual cost of a Preparer Tax Identification Number after a court ruled that the charge was too high.

Tax 341

Tax 341

Intuit

OCTOBER 4, 2023

Table of Contents Overview Key findings Overview Small businesses play a pivotal role in the global economy as engines of innovation and job creation. Despite their critical importance, the insights needed to fully understand the health and challenges of small businesses have been in short supply. Until now. This year marks the inaugural release of the Intuit QuickBooks Small Business Index Annual Report.

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QuickBooks Payroll Accounting Software Accounting 231

Accounting Today

OCTOBER 4, 2023

Plus, Intuit introduces QuickBooks Money, Google's AI assistant gets very personal, and seven other things that happened in technology this past month.

QuickBooks 305

QuickBooks 305

The Successful Bookkeeper

OCTOBER 4, 2023

For small CPA and bookkeeping firms with fewer than five employees, the decision to outsource can be transformative. It offers access to specialised skills, cost savings, and scalability during peak seasons. However, a significant concern that often lingers is, "How can I quickly onboard the right Outsource resources?". In this article, we will explore the crucial aspect of effective onboarding and integration of Outsource accounting professionals, emphasising the need for a swift and seamless p

CPA 105

CPA Bookkeeping Accounting Accounting 105

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 Today

OCTOBER 4, 2023

Neither the IRS nor Congress has specifically addressed the tax deductibility of ransomware payments made to hackers, nor has FASB.

Tax 323

Tax Accounting Accounting 323

Insightful Accountant

OCTOBER 4, 2023

Based on the most recent Intuit QuickBooks Small Business Index, small businesses with one to nine employees in the US created 16,00 jobs in September, an increase of only 0.1325% over August.

QuickBooks 92

QuickBooks 92

RevCycle

OCTOBER 4, 2023

Dignity and respect are two important concepts that are often confused with each other. However, there is a subtle but important difference between the two. Dignity is the inherent worth and value of a person. It is something that we all have, regardless of our circumstances or actions. Dignity is not something that can be earned or taken away. Respect is the act of showing esteem or deference for someone.

Collections 90

Collections 90

Accounting Today

OCTOBER 4, 2023

Annual pay grew 5.9% year over year, as both job growth and wage growth slackened in September.

Payroll 300

Payroll Accounting Accounting 300

CSI Accounting & Payroll

OCTOBER 4, 2023

When you run a small business, there are tons of numbers involved. A lot of owners are focused on the basics like sales and expenses, and they trust their accountant to handle their statements. However, while an annual tax accountant can give you a reflection of your last year, you might not have a deeper understanding of what each line on your financial statements means.

Financial Statements 87

Financial Statements Payroll Tax Accounting 87

Accounting Today

OCTOBER 4, 2023

The Top 50 Firm is expanding its presence in Texas by adding a firm based in Dallas.

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300

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.

Cloud Accounting Podcast

OCTOBER 4, 2023

Sharon Lassar, Ph.D., CPA, and Director of the School of Accountancy at the University of Denver, shares concerns and perspectives on CPA licensure, including the resistance to changing the 150-hour requirement, the challenges of online learning and potential cheating, the impact on the value of the CPA designation, and the need for leadership and action from organizations like the AICPA and NASBA to address these issues and improve the profession.

CPA 88

CPA Accounting Accounting 88

Accounting Today

OCTOBER 4, 2023

The IRA is providing mechanisms for transferring tax credits for clean energy projects, incentivizing developers and investors to get involved, along with their tax advisors.

Tax 188

Tax 188

Accounting Tools

OCTOBER 4, 2023

Related Courses How to Audit Procurement Purchasing Guidebook What is a Purchases Journal? A purchases journal is a subsidiary-level journal in which is stored information about purchasing transactions. This journal is most commonly found in a manual accounting system , where it is necessary to keep high-volume purchasing transactions from overwhelming the general ledger.

General Ledger 75

General Ledger Purchase Order Accounts Payable Accounts Payable 75

Accounting Today

OCTOBER 4, 2023

In this Vendor Spotlight, we catch up with Bitwave co-founder and CEO Patrick White.

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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!

Accounting

Accounting Tools

OCTOBER 4, 2023

Related Courses The Interpretation of Financial Statements What is Profitability? Profitability is a situation in which an entity is generating a profit. Profitability arises when the aggregate amount of revenue is greater than the aggregate amount of expenses in a reporting period. If an entity is recording its business transactions under the accrual basis of accounting , it is quite possible that the profitability condition will not be matched by the cash flows generated by the organization, s

Accruals 75

Accruals Financial Statements Tax Accounting 75

Earmark Accounting Podcast

OCTOBER 4, 2023

Blake is joined by Twyla Verhelst, Head of Accountant Channel at FreshBooks, to discuss a groundbreaking concept in advisory known as "Collaborative Accounting." This innovative approach aims to enhance collaboration between accountants and clients by providing a platform for efficient financial management. They delve into various aspects of this new approach, including FreshBooks' certification program, dedicated support for accounting partners, and a community for accountants to exchange best

Accounting 59

Accounting Accounting CPA 59

Tipalti

OCTOBER 4, 2023

Organizations with multiple locations or business units face unique accounting challenges. Review our lineup of the top-rated multi-entity accounting software solutions for 2023.

Accounting Software 52

Accounting Software Accounting Accounting Accounts Payable 52

Dext

OCTOBER 4, 2023

As we automate more processes for efficiency, there’s a looming threat of eroding the personal connections that truly enrich client relationships. It’s a valid concern, but let’s clear the air — it doesn’t have to be an either-or scenario. Yes, you can have your cake and eat it too.

Accounting 52

Accounting Accounting 52

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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

Insightful Accountant

OCTOBER 4, 2023

The business banking platform’s contest celebrates and rewards business owners for their resilience, impact and commitment to building lasting, profitable businesses. Details inside.

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52

Future Firm

OCTOBER 4, 2023

Many busy firm owners exhibit a lack of established boundaries. In such instances, clients tend to exert significant influence and negatively impact various aspects of their operations. In this episode, I shared the boundaries you need to implement in your firm for you to be in control. Listen Below. 0:51 – Recently, a coaching client with a rapidly growing firm shared his problem.

Accounting 52

Accounting Accounting 52

CapActix

OCTOBER 4, 2023

Introduction In today’s increasingly interconnected world, businesses are navigating a landscape of heightened complexity. Within this context, accounting stands out as a pivotal element for achieving business success. Particularly, Certified Public Accountant (CPA) firms are witnessing a surge in demand. In response to this escalating demand, numerous CPA firms are adopting the practice of accounting outsourcing services as a strategic means to maintain competitiveness and facilitate expa

CPA 52

CPA Accounting Accounting Auditing 52

5 Minute Bookkeeping

OCTOBER 4, 2023

In today’s fast-paced digital world, bookkeepers face various challenges when it comes to marketing their services and effectively. Traditional marketing approaches can be time consuming and expensive , leaving bookkeepers searching for other solutions. One marketing solution I use and highly recommend? ChatGPT , an artificial intelligence chatbot. Today, I’ll go over ChatGPT for bookkeepers and how to become a marketing machine in 3 steps.

Bookkeeping 52

Bookkeeping Virtual Bookkeeping QuickBooks Accounts Payable 52

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.

Tipalti

OCTOBER 4, 2023

What’s the difference between ERP and CRM and which fits your business needs? Learn how to evaluate the similarities and differences between ERPs and CRMs.

Accounts Payable 52

Accounts Payable Accounts Payable Accounting Accounting 52

finout

OCTOBER 4, 2023

? Explore the topic of cloud rate optimization, exploring its importance for businesses, and insights into the most effective implementation strategies.

FinOps 52

FinOps FinOps 52

CloudZero

OCTOBER 4, 2023

New automated insights compare cloud spend to rigorous standards of normalcy, giving engineers a simple optimization workflow.

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52

finout

OCTOBER 4, 2023

Recapping the key insights from AWS re:Invent 2022 and gearing up for the 2023 edition in Las Vegas, set for Nov 27-Dec 1.

FinOps 52

FinOps FinOps 52

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

OCTOBER 4, 2023

Related Courses Bookkeeping Guidebook Telephone expense is the cost associated with all land lines, fax lines, and cell phones during a usage period. If a cost is incurred in advance, then it is initially recorded as a prepaid expense , and later recognized as telephone expense in the period in which the service is actually used. This cost is usually stored in a separate general ledger account that may be aggregated with other utilities when it is reported on an organization's income statement.

General Ledger 40

General Ledger Bookkeeping Accounting Accounting 40

Billing Platform

OCTOBER 4, 2023

A generally accepted accounting principle (GAAP), ASC 606 revenue recognition identifies the specific conditions in which revenue can be recognized and provides a framework for how companies need to account for revenue received. Essentially, the revenue recognition principle states that revenue can only be recognized once it has been earned – not necessarily when payment is received.

Financial Statements 97

Financial Statements General Ledger Billing Data Entry 97

Accounting Tools

OCTOBER 4, 2023

Related Courses Excel Formulas and Functions Financial Analysis Introduction to Excel What is Present Value? Present value is the current worth of cash to be received in the future with one or more payments, which has been discounted at a market rate of interest. The present value of future cash flows is always less than the same amount of future cash flows, since you can immediately invest cash received now, thereby achieving a greater return than from a promise to receive cash in the future.

Financial Analysis 40

Financial Analysis Accounting Accounting 40

NACM

OCTOBER 4, 2023

Striving for success is a relentless pursuit that drives individuals to reach their fullest potential and achieve their goals. The same applies to credit professionals who seek to become valuable assets within their department to achieve departmental and company goals. NACM's Professional Certification Program helps credit professionals grow to be.

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5

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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.