Accounting Today

FEBRUARY 15, 2024

Whether they're enthusiastic or terrified, tax practitioners are anything but indifferent to the rise of artificial intelligence.

Tax 347

Tax 347

Accounting Department

FEBRUARY 15, 2024

For a business, becoming a government contractor can open doors to a sea of lucrative opportunities – but these waters run deep with regulations, especially those set by the Defense Contract Audit Agency (DCAA). A critical cog in the machinery that is the U.S. Department of Defense (DoD), DCAA ensures that taxpayer dollars are used efficiently and effectively in the acquisition of defense-related goods and services.

Auditing 240

Auditing Accounting Accounting 240

Accounting Today

FEBRUARY 15, 2024

New technology systems and the addition of cryptocurrency on tax forms are just some of the IRS developments to watch in 2024.

Tax 345

Tax 345

Counto

FEBRUARY 15, 2024

Why Working Capital is Super Necessary to Your Business In business, understanding the fundamentals of working capital is crucial. It serves as the backbone of your financial operations, dictating your ability to navigate day-to-day expenses and seize growth opportunities. What is Working Capital? Working capital is the difference between your company’s current assets and liabilities.

Collections 97

Collections Accounts Receivable Accounts Receivable Account Receivables 97

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

FEBRUARY 15, 2024

The existing guidance directs public companies, including banks, to count crypto they custody as liabilities on their corporate balance sheets.

Accounting 304

Accounting Accounting 304

Plooto

FEBRUARY 15, 2024

What is accounts receivable and accounts payable? Find out why having good control over both is crucial for your business to have a smooth cash flow.

Accounts Receivable 98

Accounts Receivable Accounts Receivable Account Receivables Accounts Payable 98

Insightful Accountant

FEBRUARY 15, 2024

Clockwork is a financial analytics and planning app that works with QuickBooks Online, Xero and QuickBooks Desktop. If you need more financial metrics and forecasting than your General Ledger can provide, check out this article.

General Ledger 87

General Ledger QuickBooks XERO 87

Accounting Today

FEBRUARY 15, 2024

With so many options on the table, firms need advice on what to do if they want to remain independent.

326

326

Nolan Accounting Center

FEBRUARY 15, 2024

As renowned investor Warren Buffet has stated, “Accounting is the language of business.” Thus, it is critical for business leaders to get the “language” right. That includes properly and accurately recording, reporting, and acting on an organization’s financial statements, including a focus on assets and liabilities, including contingent liabilities.

Financial Statements 88

Financial Statements Tax Payroll Accounts Receivable 88

Accounting Today

FEBRUARY 15, 2024

Not a lot of Latitude; the cupboards are bare; lots of energy; and other highlights of recent tax cases.

Tax 310

Tax 310

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.

MineralTree

FEBRUARY 15, 2024

Is your accounts payable (AP) check run holding your business back? The AP check run remains a pain point for many finance departments who rely on manual processes and outdated solutions to manage AP — in turn, causing check run delays and hiccups. This blog explores the intricacies of the AP check run and actionable tips to fortify your financial processes.

AP 78

AP Accounts Payable Accounts Payable Invoicing 78

Accounting Today

FEBRUARY 15, 2024

The IRS is pushing back filing and payment deadlines for those impacted in the Great Lake State.

Tax 289

Tax 289

Accounting Tools

FEBRUARY 15, 2024

What are Revenues? Revenues are the fees generated from the sale of goods and services, and are recognized when the seller’s earnings process has been completed. Under the cash basis of accounting , revenues are recorded when cash is received from a customer in payment of these items. Under the accrual basis of accounting , revenues are recorded when goods and services are delivered to customers.

Accruals 75

Accruals Accounts Receivable Accounts Receivable Account Receivables 75

Accounting Today

FEBRUARY 15, 2024

Some Taxpayer Assistance Centers will be open on Feb. 24, March 16, April 13 and May 18.

Tax 300

Tax 300

Advertisement

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

FEBRUARY 15, 2024

What is a Financial Analysis Report? A financial analysis report is constructed by a person who is researching a company, usually with the intent of recommending its stock to investors. The report needs to cover the essentials of the target company, so that investors understand how it does business, what its competitive advantages are, and why it is a good investment.

Financial Analysis 72

Financial Analysis Financial Statements 72

Accounting Today

FEBRUARY 15, 2024

Due to technical issues, some batches may need to be resubmitted to IVES.

Tax 305

Tax 305

Accounting Tools

FEBRUARY 15, 2024

What is Total Cost? Total cost is the total expenditure incurred to produce some type of output. From an accounting perspective, the total cost concept is more applicable to financial reporting, where overhead costs must be assigned to certain assets. Total cost is less applicable to short-term decision making, where it is more likely that only variable costs will be considered.

Cost Accounting 72

Cost Accounting Financial Reporting Budgeting Tax 72

Accounting Today

FEBRUARY 15, 2024

But the more you automate, the more human you have to be.

Accounting 329

Accounting Accounting 329

Advertisement

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

Outsourced Bookeeping

FEBRUARY 15, 2024

For both business owners and Certified Public Accountants (CPAs) in the United States, the annual tax return season is a critical and challenging period. Business owners must comprehend the intricate details of tax obligations to ensure compliance with the ever-evolving tax code and optimize financial outcomes. Simultaneously, CPAs help in tax and accounting services as they navigate through complex tax codes and regulations to ensure their clients comply with the law while maximizing returns.

Tax 59

Tax Outsourced Bookkeeping Record Keeping CPA 59

Accounting Today

FEBRUARY 15, 2024

Helping clients comply with the Corporate Transparency Act's reporting requirements represents an opportunity for accountants.

Accounting 206

Accounting Accounting 206

accountingfly

FEBRUARY 15, 2024

Hire the Best Remote Accountants Are you struggling to hire remote accountants? Accountingfly is ready to partner with you. Gain full access to a pool of highly skilled and experienced remote accountants with Always-On Recruiting. Plus, there’s no up-front cost! Every week we share a sneak peek of a few top accounting candidates available. If you want to learn more about a candidate, you can sign up and mention their ID number below to get connected!

Outsourced Bookkeeping 52

Outsourced Bookkeeping Accounting Accounting Financial Statements 52

Accounting Today

FEBRUARY 15, 2024

Ten tax stories from the past year that may make you raise an eyebrow.

Tax 231

Tax 231

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.

CSI Accounting & Payroll

FEBRUARY 15, 2024

If you asked a room full of small business owners to raise their hands if they like paying business taxes, you’re probably not going to see very many hands. However, even if you legally didn’t owe any taxes, there are still a few issues. Have you ever thought about how getting your tax liability to zero could hurt your business? At CSI Accounting & Payroll, we’ve worked with small business taxes for over 50 years.

Tax 52

Tax Payroll Accounting Accounting 52

Accounting Today

FEBRUARY 15, 2024

Not a lot of Latitude; the cupboards are bare; lots of energy; and other highlights of recent tax cases.

Tax 139

Tax 139

Nanonets

FEBRUARY 15, 2024

Procurement is a pivotal function for any business upon which the pillars of efficiency, cost management, and strategic sourcing rest. This is more than just buying; it's about acquiring goods and services in a way that optimizes value for an organization. Ultimately, understanding and refining this process is essential for steering your business towards more profitable and sustainable futures.

Purchase Order 52

Purchase Order Invoicing Budgeting Collections 52

Insightful Accountant

FEBRUARY 15, 2024

MODEX, the largest manufacturing and supply trade event is being held in Atlanta starting March 11th. More than 1175 suppliers will be presenting the future of supply chain, warehousing, distribution and manufacturing technology.

52

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

Nanonets

FEBRUARY 15, 2024

Traditional invoice processing methods often fall short in the ever-evolving landscape of business operations, where time is money and precision is paramount. Cumbersome, time-consuming, and prone to errors, manual invoice data capture has long been a bottleneck for businesses striving for efficiency. However, finance is changing, and artificial intelligence's transformative power marks a new era.

Invoicing 52

Invoicing Invoice Processing Data Entry Financial Records 52

Tipalti

FEBRUARY 15, 2024

A critical part of great financial planning is knowing where your organization’s money goes. Spend visibility provides key insights into business spend, for better planning and resource allocation.

52

52

Nanonets

FEBRUARY 15, 2024

OCR (Optical Character Recognition) is a game changer for anyone who works with PDF documents. PDFs are notorious for being difficult to edit and search through. When you OCR a PDF, it ensures the text is scanned and extracted, making it fully searchable, editable, and accessible.  In this guide, we will compare various methods of OCR-ing PDFs to help you choose the best one that suits your requirements.

Data Entry 52

Data Entry QuickBooks Invoicing Purchase Order 52

Counto

FEBRUARY 15, 2024

Best SME Loans in Singapore (2024) Are you a small business or SME owner in Singapore looking to bolster your cash flow with a loan? Navigating the landscape of business loans can be daunting, but fear not—we’ve got you covered. In this guide, we’ll walk you through the various options available. Advantages of Business Loans 1. Provides a Short-term Cash Boost: A working capital loan can provide the necessary funds, offering a lifeline for short-term financial needs.Whether it’

Invoicing 52

Invoicing Financial Statements Payroll Financial Reporting 52

Advertisement

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.