Mon.Apr 03, 2023

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How Intuit Empowers Your Favorite Small Businesses with Enterprise AI

Intuit

It’s no secret that Intuit puts our customers at the center of everything we do. Our philosophy here is simple: we look for new and better ways to improve their lives by solving their most important problems. According to the U.S. Bureau of Labor Statistics, only 50% of small businesses survive past their fifth year. That’s why we remain wholly committed to helping small business owners achieve their dreams and beat the odds.

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Dread Doing Your Taxes?

Insightful Accountant

The Dancing Accountant, Nancy McClelland, gives you the lowdown on the IRS account transcript, a tool you can download for free to check your finances. Jump over to our sister site, Tax Practice News, to learn more.

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Intuit UK Gender Pay Gap Report

Intuit

Intuit_UK_Gender_Pay_Gap_Report-3 Download The post Intuit UK Gender Pay Gap Report appeared first on Intuit Blog.

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Check Out These Interesting Top 100 Applicant Stats

Insightful Accountant

Here are some interesting tidbits from the ProAdvisors who have already finished their formal 2023 Top 100 Application forms.

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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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Best ways to keep track of business expenses easily

Plooto

More money doesn't have to mean more problems , if you track business expenses accurately. Keeping track of your spending can help you make smarter decisions, stay on top of cash flow , and maximize profits – a big win for all small business owners. However, many people struggle to properly manage business expenses due to a lack of knowledge, time or resources.

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Making the Busy Season a Little Less Busy

Insightful Accountant

FloQast's Mike Whitmire takes a deep dive into why automation just may be your secret weapon come the vaunted tax season.

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Will Your Tax Bracket Change in 2023?

Remote Quality Bookkeeping

Due to record-high inflation rates, Americans have watched prices soar over the past two years. Unfortunately, these same increases haven’t come in the form of raises or other income increases, which has left many people in severe financial hardship. Although many of the tax breaks that the government established at the beginning of the COVID-19 pandemic have expired by now, the IRS has been looking for ways they can help relieve some of the financial stress Americans face.

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Cash to cash cycle definition

Accounting Tools

Related Courses Financial Forecasting and Modeling Treasurer's Guidebook What is the Cash to Cash Cycle? The cash to cash cycle is the time period between when a business pays cash to its suppliers for inventory and receives cash from its customers. The concept is used to determine the amount of cash needed to fund ongoing operations, and is a key factor in estimating financing requirements.

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Use Relay to Auto-Transfer Income to Your Operating Checking Account Every Day

Blake Oliver

This new Relay feature is my favorite yet! Now you can set up auto-transfer rules to automatically transfer money from one account to another (or multiple). I'm using it to sweep money from my income accounts into my operating account on a nightly basis. Watch the video to learn how to set it up.

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Private equity definition

Accounting Tools

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What is Private Equity? Private equity is an investment in a business that is not listed on a stock exchange. The source of capital is from either a pool of individual investors or investment funds, which either make investments in private companies or buy them out. The private equity business has the potential to be extraordinarily profitable, and so attracts some of the best business talent.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But 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. 🗻 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. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Form Automation - OCR for Forms & Automated Forms Processing

Nanonets

What is Form Automation? Form automation refers to the process of automating the creation, completion, and submission of forms using specialized software or tools. Forms are an integral part of most business processes, ranging from customer onboarding to employee performance reviews. By automating the form filling process, businesses can save time, reduce errors, and improve overall efficiency.

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Lean business model definition

Accounting Tools

Related Courses New Manager Guidebook Operations Management What is the Lean Business Model? The lean business model is designed to reduce waste in business processes. If an organization thoroughly integrates lean concepts into its operations, a likely outcome is a reduced need for cash , fewer errors, higher-quality products, and faster deliveries to customers.

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Join me for "Why Virtual Accounting Firms Fail & How to Build One That Lasts"

Blake Oliver

Nayo Carter-Gray hosts the Taking Your Firm Virtual summit every year and it's one of those events that accountants rave about because of how well put together and actionable it is. Well, I'm glad she'll be joining me in this next episode of Grow & Scale, a series by Financial Cents — I'll be asking for her take on why virtual accounting firms fail and how to build one that lasts.

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GCP BigQuery Upcoming Pricing Changes: 3 Ways to Prepare

Economize

BigQuery is a powerful cloud data warehousing solution that enables organizations to store and analyze massive amounts of data. However, with the upcoming pricing changes, organizations need to be aware of how they can optimize their BigQuery usage and minimize their costs. In this article, we have explored various ways in which organizations can prepare for the pricing changes, leverage new features, and optimize their costs.

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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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5 Essential Things Every FinOps Team Needs In 2023

CloudZero

Every time your company onboards a new client or releases a new product, your cloud bill will grow. In fact, it doesn’t take a large event at all to see a spike. Whenever your company changes direction even slightly, it can affect the bottom line. Add to that factors such as economic inflation and increased demand for high-speed, high-power cloud services, and it may seem like each month’s cloud bill is higher than it was before.

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Variable costing definition

Accounting Tools

Related Courses Cost Accounting Fundamentals What is Variable Costing? Variable costing is a methodology that only assigns variable costs to inventory. This approach means that all overhead costs are charged to expense in the period incurred, while direct materials and variable overhead costs are assigned to inventory. Why Variable Costing is Not Used in External Reporting There are no uses for variable costing in financial reporting, since the accounting frameworks (such as GAAP and IFRS ) requ

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Capital receipts definition

Accounting Tools

Related Courses Corporate Finance What are Capital Receipts? Capital receipts refer to incoming cash flows (receipts) originating from the sale of fixed assets , shares , or debt. The following points expand on these sources: Cash from the sale of fixed assets (either tangible or intangible). It can also include a payment associated with an insurance claim from a damaged fixed asset.

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Bills payable definition

Accounting Tools

Related Courses Payables Management What are Bills Payable? Bills payable refers to the indebtedness of a person or business. The concept is used in the areas of finance and accounting. The term can be defined in three ways: Bills payable can be the funds that a bank borrows from other banks. These are typically due in the very short term and are used to provide liquidity to the receiving bank.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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How to reconcile petty cash

Accounting Tools

Related Courses Bookkeeping Guidebook Corporate Cash Management How to Audit Cash Optimal Accounting for Cash A petty cash reconciliation is a formal review of petty cash records. The intent of this activity is to see if there have been any undocumented disbursements. Such disbursements are a common problem in petty cash, where there is a high risk of fraud.

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How to take a write-off in accounting

Accounting Tools

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook When the value of an asset has declined, some portion of its carrying amount should be written off in the accounting records. A write off is needed whenever the fair value of an asset is below its carrying amount. The write off process involves the following steps. Step 1. Determine the Amount of the Write-Off It is entirely possible that only a portion of the amount recorded on the books for an asset (known as its carrying amount

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When are dividends paid?

Accounting Tools

Related Courses Corporate Finance Treasurer's Guidebook Dividends are paid on the date designated by a company's board of directors as the payment date. The board announces this date on the dividend declaration date. Their decision to issue a payment is based on their review of the company’s financial statements , to see if the entity can afford to pay investors.