Accounting Department

MARCH 30, 2023

As a business owner, there are many tasks that you need to handle to ensure the smooth running of your operations. Among these tasks, bookkeeping is perhaps one of the most critical yet time-consuming on the list. Keeping financial records organized and up to date is essential for making informed business decisions , yet it can be quite overwhelming, especially if you don't have a background in such an area.

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Outsourced Bookkeeping Bookkeeping Services Bookkeeping Financial Records 245

Ascend Software blog

MARCH 30, 2023

Accounts Payable (AP) is a crucial function of any organization. It is responsible for managing the payment of bills and invoices to suppliers and vendors. However, many organizations struggle with their AP processes, leading to inefficiencies and financial losses.

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Accounts Payable Accounts Payable AP Accounting 130

Fit Small Business

MARCH 30, 2023

No matter how much time and money you spend strengthening your company culture and investing in your people, your business may still be affected by employee theft—of money, of confidential data, of time. Understanding this issue is key to combating or even preventing it. Read through the employee theft statistics and trends below and learn. The post 13 Employee Theft Statistics You Should Know in 2023 appeared first on Fit Small Business.

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finout

MARCH 30, 2023

Join the FinOps community at the FinOps X Conference in San Diego on June 27-30th. Learn from industry experts and optimize your cloud spending.

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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.

Accounting

Insightful Accountant

MARCH 30, 2023

It is easy to forget things, especially if we don't use them very often. And if we forget them, then we probably forget to teach them to our clients as well.

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MineralTree

MARCH 30, 2023

Accounting for franchises is a complex web of responsibilities. Teams have to manage multiple entities, all the while maintaining consistency and streamlining processes across each location. Accounts payable (AP) automation has become a popular tool for franchises to overcome these obstacles. In this article, we will discuss the challenges associated with franchise accounting and how AP automation helps solve them.

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Accounting Tools

MARCH 30, 2023

Related Courses Business Ratios Guidebook Financial Analysis The Interpretation of Financial Statements What is the Book Value of Debt? The book value of debt is comprised of the following line items on an entity’s balance sheet : Notes payable. Found in the current liabilities section of the balance sheet. Current portion of long-term debt. Found in the current liabilities section of the balance sheet.

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Financial Analysis Financial Statements Accounts Payable Accounts Payable 75

Nolan Accounting Center

MARCH 30, 2023

According to research, only about 20% of new businesses make it past the first year and, even if yours does, only about 50% make it past 5 years. There are many reasons small businesses fail and these statistics can be disheartening, whether you are just getting started or you’re an experienced business owner. However, while it’s important to keep these numbers in mind, you shouldn’t let them deter you from pursuing your dream business.

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Accounting Accounting 75

Accounting Tools

MARCH 30, 2023

Related Courses Bookkeeping Guidebook How to Audit Revenue Revenue Recognition What is a Customer Deposit? A customer deposit is cash paid to a company by a customer , for which the company has not yet provided goods or services in exchange. The company has an obligation to provide the indicated goods or services, or to return the funds. For example, a customer asks a retailer to reserve a tuxedo for him, to be picked up a month later; the retailer requires payment of a customer deposit before i

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Deposits Purchase Order Bookkeeping Auditing 75

Ontrack Bookkeeping

MARCH 30, 2023

With the end of the financial year approaching, it’s a good time to make sure everything is in order and ready for balance date. Here’s a few things to consider and/or action for the end of year the financial year. Write off Bad Debts Do you have debtors that you’ve taken all reasonable steps to recover a debt, yet your customer still hasn’t paid you?

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Payroll Invoicing Tax Bookkeeping 59

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.

Accounting Tools

MARCH 30, 2023

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What is a Bill of Exchange? A bill of exchange is a binding agreement by one party to pay a fixed amount of cash to another party as of a predetermined date or on demand. Bills of exchange are primarily used in international trade. Their use has declined as other forms of payment have become more popular.

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Billing Corporate Finance 75

Nolan Accounting Center

MARCH 30, 2023

According to research, only about 20% of new businesses make it past the first year and, even if yours does, only about 50% make it past 5 years. There are many reasons small businesses fail and these statistics can be disheartening, whether you are just getting started or you’re an experienced business owner. However, while it’s important to keep these numbers in mind, you shouldn’t let them deter you from pursuing your dream business.

Accounting 52

Accounting Accounting 52

Accounting Tools

MARCH 30, 2023

Related Courses Quality Management Fundamentals What is Quality of Conformance? Quality of conformance is the ability of a product, service, or process to meet its design specifications. Design specifications are an interpretation of what the customer needs. Of course, a product having high quality of conformance may still not be perceived by a customer as being an acceptable product if the person who created the design specifications did not correctly interpret what the customer wanted.

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Tipalti

MARCH 30, 2023

Setting up automatic ACH payments can be difficult – this guide will help you master the process so you can start making automatic payments today.

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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.

Accounting

AvidXchange

MARCH 30, 2023

Company Profile: Located in Chicago, IL, Remedy Medical Properties (Remedy) is a medical real estate company and the nation’s largest private owner of healthcare properties. It specializes in acquisitions, development, leasing, management and strategy to help healthcare executives maximize the value of their real estate property. Products Used: AvidInvoice and AvidPay Industry: Real Estate Year Joined: 2020 Accounting System: Yardi Voyager 7s Customer Name: David Bennett Bio: David Bennett is t

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AP Accounts Payable Accounts Payable Data Entry 52

Tipalti

MARCH 30, 2023

Need to pay international contractors? This how-to guide provides the best methods and resources to make overseas payments quickly, safely and securely.

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Nanonets

MARCH 30, 2023

Did you know that it takes small-to-midsized companies up to 25 days to complete the processing of a single invoice? In a world where time is money, businesses and customers alike seek hassle-free payment methods that save time and increase efficiency. Enter payment automation - a solution that has gained popularity in recent times due to the pandemic and the new competitive landscape.

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Accounts Payable Accounts Payable Invoicing AP 52

Insightful Accountant

MARCH 30, 2023

Finimpact’s Women’s Empowerment Business Grant program is still open to women-owned small business applicants. See how you can be eligible for up to $10,000 in funding.

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Advertiser: Paycor

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.

Analytix Finance & Accounting

MARCH 30, 2023

The risk of cyberattacks has increased significantly in recent years as the world continues to rely more heavily on technology. In today’s digital age, cybersecurity is an increasingly important concern for businesses of all types, and accounting firms are no exception. This is because accounting firms typically store sensitive financial data on their clients.

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Nanonets

MARCH 30, 2023

Intelligent Document Processing (IDP) refers to the automation of data extraction from unstructured documents. It eliminates the need for manual data entry, reduces errors, and increases efficiency in document management. As we enter the sixth decade of the information age, data has become a currency of the business world. However, it is estimated that a vast majority of a company's data remains unstructured, taking the form of written text found in various forms such as reports, contracts,

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Data Entry Invoice Processing Invoicing Purchase Order 52

CloudZero

MARCH 30, 2023

Kubernetes has been described as everything from “awesome!” to “I regret my life choices,” and with 84% of all Kubernetes cloud workloads running on Amazon Web Services (AWS), it should come as no surprise that AWS created Amazon Elastic Kubernetes Service (EKS) to eliminate much of the undifferentiated heavy lifting it often takes to manage.

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AvidXchange

MARCH 30, 2023

AvidXchange is known for software that automates the accounts payable process. What you may not realize is that we have a team dedicated to simplifying accounts receivable (AR) for suppliers as well. In a recent episode of our “Net 30” podcast, which is dedicated to topics that impact the careers of financial professionals, host Chris Elmore, the company’s chief evangelist, addressed modern technologies influencing payment processes and visibility into vital cashflow for business owners.

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Invoicing Accounts Payable Accounts Payable Accounts Receivable 52

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

Tipalti

MARCH 30, 2023

Selecting the AP Automation solution that fits your business’ needs is an important choice, especially for growing teams that need a solution that can scale with their business.

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Billing AP Accounts Payable Accounts Payable 52

Nanonets

MARCH 30, 2023

Introduction Healthcare and medical establishments are known for their abundance of data entry and record keeping. Many of these processes are manual, which can lead to errors, delays, and inefficiencies. Manual data entry involves the use of human operators to input data into a computer system or database, and this process can be time-consuming and error-prone.

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Data Entry Billing Record Keeping Invoicing 52

Jetpack Workflow

MARCH 30, 2023

Cash flow is king for every business, which is why many organizations try to stretch supplier payments. It helps keep money in your business and channel it to other, more pressing business needs. Unfortunately, you can only stretch these payments as far as the agreed terms before receiving calls from angry vendors. Even worse, late payments could lead to penalties and ruin your business’s credit score.

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Accounts Payable Accounts Payable Accounting Accounting 52

Future Firm

MARCH 30, 2023

Are you stressed and burnt out as you get through the busy season? In this episode, I shared six mindset shifts that can be implemented at any time to help you feel better despite the pressures of the busy season. Listen below. 0:30 – I’ve been receiving typical emails from firm owners who are burnt out and stressed, expressing their desire to quit due to exhaustion and discouragement. 0:46 – I discussed six mentality shifts that can help reduce the stress of the busy season wh

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Accounting Accounting 52

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

Jetpack Workflow

MARCH 30, 2023

Podcast Summary A new perspective of (tax) & (investment) returns What it means to be efficient with time A true look at what marketing is all about On Today’s Podcast You’ll Find… 10 Tips to Go Digital Youtube: Shauan Wekherlien – The Tax Goddess! Taxgoddessinternational.com The Tax Goddess Shauna Wekherlien is the owner of Tax Goddess Business Services , a CPA firm located in Scottsdale, AZ.

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Tax CPA Bookkeeping Accounting 52

Cloud Accounting Podcast

MARCH 30, 2023

The Federal Tax Updates podcast is a recent addition to the Earmark Media network of accounting-focused podcasts. In this episode, Roger and Annie discuss the most recent IRS updates and recommendations for tax preparers dealing with the surge of inaccurate ERC claims. They also provide some detailed insights into filing extensions for clients. Want to hear more Federal Tax Updates episodes?

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Accounting Tools

MARCH 30, 2023

Related Courses Corporate Cash Management How to Audit Cash What are Bank Errors? Bank errors are transactions that have been incorrectly recorded by a bank in a customer’s account. These errors are usually found during the monthly bank reconciliation process conducted by customers , who notify the bank to correct the indicated items. There are usually few bank errors, which are concentrated in the areas of incorrect check and deposit amounts.

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Accounting Tools

MARCH 30, 2023

Related Courses Operations Management What is Budgeted Capacity? Budgeted capacity is the best estimate of production volume planned for a future period. This amount may be expressed in aggregate hours of available production capacity , or just the planned hours that will be available at the bottleneck operation. Budgeted capacity is used to estimate likely sales levels, as well as to calculate a planned overhead application rate.

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Budgeting 40

Advertiser: Paycor

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.