This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
As we move towards a more technology-driven world, it's important for business owners to adopt a "work smarter, not harder" mentality. One way to achieve this is through workflow automation with ERP software like NetSuite.
Are you ready for the future of work? Because it's here, and it's not messing around. With technological evolutions taking center stage, we're about to experience a shift as significant as the mechanization of agriculture and manufacturing in prior generations. It's an exciting time, full of possibilities and opportunities, but also challenges and uncertainty.
Introduction Accounting practices have changed over time with new technologies, evolving customer demands, and business needs. It is now much more than just bookkeeping and ledgers. Accounting firms are embracing these new trends to be in league with the new changes and better serve client demands. The Pandemic effects are still relevant, and adapting to the latest accounting trends is the one way to stay sustainable for more extended periods in the market.
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.
QuickBooks is rolling out new instant deposit features for its Payments and Checking customers, making it easier for small businesses to access their cash.
As a bookkeeper or accountant for a Canadian business, it is important to stay on top of the tax-related documents that need to be prepared for to ensure compliance with Canada’s taxation laws. A failure to prepare all of the necessary documents can lead to fines or penalties for the business owner. So, what documents should bookkeepers or accountants of Canadian business owners be aware of to collect during tax season?
In recognition of the upcoming 'National Mom and Pop Business Owners Day,' Epson gleaned entrepreneurial insights on efficient processes, reliable technology and customer service.
In recognition of the upcoming 'National Mom and Pop Business Owners Day,' Epson gleaned entrepreneurial insights on efficient processes, reliable technology and customer service.
Related Courses Accounting for Inventory How to Audit Inventory Inventory Management How to Account for Inventory The accounting for inventory involves determining the correct unit counts comprising ending inventory , and then assigning a value to those units. The resulting costs are then used to record an ending inventory value, as well as to calculate the cost of goods sold for the reporting period.
You’re researching flights for that much-needed vacation and are presented with two options: a direct flight or a connecting flight. Which do you buy? Given a choice, most people opt for the direct flight because it’s faster and easier. Connections add unnecessary time, stress, and risk to a trip – even when everything goes according to plan. Layovers that go awry also create a domino effect, enabling one delay or missed connection to disrupt your entire itinerary.
Related Courses Fixed Asset Accounting How to Audit Fixed Assets Small Business Tax Guide What is Tax Depreciation? Tax depreciation is the depreciation that can be listed as an expense on a tax return for a given reporting period under the applicable tax laws. It is used to reduce the amount of taxable income reported by a business. Depreciation is the gradual charging to expense of a fixed asset 's cost over its useful life.
CPA firms are essential providers of professional accounting services to governments, businesses, and individuals. They provide services such as financial reporting, taxation, auditing, and advisory services. Despite their significance, CPA firms face challenges in their day-to-day operations. Top 5 Challenges Today’s CPA Firms Face and Ways To Overcome Them These challenges stem from changes in technology, client expectations, and the business environment.
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.
Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook What are the Debit and Credit Rules? Debits and credits are the opposing sides of an accounting journal entry. They are used to change the ending balances in the general ledger accounts when accrual basis accounting is used. The rules governing the use of debits and credits in a journal entry are noted below.
CPA firms are essential providers of professional accounting services to governments, businesses, and individuals. They provide services such as financial reporting, taxation, auditing, and advisory services. Despite their significance, CPA firms face challenges in their day-to-day operations. Top 5 Challenges Today’s CPA Firms Face and Ways To Overcome Them These challenges stem from changes in technology, client expectations, and the business environment.
Why does changing payroll companies seem so difficult? Small business owners will stay in a bad situation for a variety of reasons, but they mostly think about the extra effort it will take to ensure accuracy and worry that they are not doing it at the right time. At CSI Accounting & Payroll, we onboard clients from other payroll companies year-round - and we’ve been doing it for over 20 years, so you can trust that we have our system down.
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.
While the year-end closing process is familiar to most due to tax reporting, it’s not the only necessary period-end process a business should have. The month-end closing process is just as essential, especially if you want to avoid the headache and overwhelm of last-minute error corrections spanning months during tax seasons. Closing the month can be overwhelming due to the sheer number of tasks that must be handled.
Are you waiting to hire your first worker in a different state because you don’t know all of your obligations? If so, it can become even more complicated if your hire creates a tax responsibility in another state , also known as tax nexus. What do you need to do when hiring an out-of-state employee? It depends on a few things, such as if you’re doing business in that other state or not, which state you’re hiring in, and even some cities matter if you’re hiring in them, too!
In an ideal world, selling a product or service would be as easy as delivering the requested item and pocketing the cash immediately. While we can dream of having such a seamless sales process, the reality requires a bit more work. In most cases, you’ll find yourself delivering the product or service first, along with an invoice, and receiving payment later.
For larger businesses and companies that have received equity investments, Brex Business Account is an excellent business checking product. In the aftermath of the Silicon Valley Bank (SVB) collapse, Brex has been a popular choice for companies searching for a new bank or for those who might have been considering SVB. Your funds can earn. The post Brex Business Account Review 2023 appeared first on Fit Small Business.
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
Data analytics is an important and evolving piece of the accounts payable (AP) process. In this episode of our “Net 30” podcast, host Chris Elmore, AvidXchange’s chief evangelist, talks with Rhonda Greene, principal solutions consultant, and Chris Perry, account executive, real estate, about how companies can harness the power of data analytics to inform decision-making and improve performance.
Baselane and Stessa are outstanding financial technology (fintech) products that help real estate investors and landlords manage multiple property portfolios with rent collection and interest-earning business checking. Baselane earns a slight edge over Stessa thanks to the availability of commercial real estate (CRE) lending and ability to deposit cash.
Gender equality is a business imperative today. Research from McKinsey proves that companies with strong female representation are 25% more likely to outperform those without. To recognize Women’s History Month and International Women’s Day, AvidXchange hosted a digital event featuring a panel discussion of female leaders. The participants provided career advice for women in the workforce and discussed ways to improve female representation in business.
We’ll show you how to set up QuickBooks Online for nonprofits so that your income and expense information is organized in the same way as your Form 990, making completing the form easier. The key to using QuickBooks Online for nonprofits is to set up the chart of accounts, locations, and classes such that the. The post How To Set Up QuickBooks Online for Nonprofits appeared first on Fit Small Business.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Representing one-third of the U.S. economy, the middle market is comprised of nearly 200,000 businesses that make between $10 million and $1 billion. These companies experience unique challenges and advantages we don’t often hear about in the mainstream media. Enter the National Center for the Middle Market (NCMM). This organization provides data analysis and insights on the middle market to help accelerate growth in this sector.
We organize all of the trending information in your field so you don't have to. Join 52,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content