Tue.May 16, 2023

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Steps to ensure a seamless EOFY in Xero Payroll

Xero

If you’re anything like us, the shorter days and colder weather signals not only a change in season, but the nearing of another cyclical shift – the new financial year. With just over six weeks left in FY23, now’s the time to get organised. And a good place to start is with finalising payroll. This EOFY in Xero Payroll will be slightly different than previous years.

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Dynamic Forecasting Keeps Business Owners in the Know

Accounting Department

Experienced business leaders know that accurately predicting future financial outcomes is a highly complex challenge. It’s a process not to be left only to logic that is based on reviews of combined financial reports from the past.

professionals

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The Average Cost of Processing a Purchase Order: A Detailed Analysis

Ascend Software blog

In the world of business, understanding your expenditures is crucial. One of the costs that can often fly under the radar is the price of processing a purchase order (PO). While it might seem like a negligible expense, it's important to remember that small costs add up, especially when you're dealing with a high volume of orders. In this blog post, we'll break down the average cost of processing a purchase order and discuss strategies for reducing it.

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Intuit Reinforces its Commitment to Fighting for Taxpayers’ Rights

Intuit

Today, the IRS released the Congressionally-mandated study on the feasibility of an IRS-run direct e-file system. The conclusions of this study ignore facts, common sense, and what we know from our decades of helping millions of Americans file their taxes – taxpayers don’t want the tax collector, assessor, auditor, and enforcer also to be their tax preparer.

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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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QuickBooks 2022 – Release Update R9_45

Insightful Accountant

Intuit began pushing out the R9_45 update to QuickBooks 2022 Desktop Products, including Enterprise 22.0 on May 11. You may have seen this update pending in QuickBooks 2022 software.

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Top Tax Planning Strategies to Follow in 2023

Outsourced Bookeeping

Financial management must include tax planning because it may minimize tax bills and increase savings. Both individuals and companies must start arranging their taxes now for the tax planning strategies for 2023. To reduce tax costs and maximize savings, it’s essential to stay current on recent developments given the constantly evolving tax rules and regulations.

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Latest Mobile Gambling establishment No deposit deposit 5 welcome bonus Added bonus Also offers In britain November 2022

Less Accounting

Content In the Free Revolves Mobile Gambling establishment Mfortune Cellular Gambling enterprise No-deposit Bonus Cellular No deposit Bonus Programs We participate much dedication to offer the best deposit-100 percent free incentives to be had people period. Solutions we offer promotions which might be simply available via the discount coupons across the website right here.

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QuickBooks 2022 – Release Update R9_45

Insightful Accountant

Intuit began pushing out the R9_45 update to QuickBooks 2022 Desktop Products, including Enterprise 22.0 on May 11. You may have seen this update pending in QuickBooks 2022 software.

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6 Signs Your Monthly Accounting Service Isn't Delivering

CSI Accounting & Payroll

Does your accounting firm just crunch the numbers for you, or are they truly your financial partners? Maybe it’s time to raise your expectations. If you're not getting the right value from a monthly accounting service, then you might as well only be paying for an annual service. At CSI Accounting & Payroll, we've done monthly accounting for small businesses for more than 50 years.

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AP Transformation

Tipalti

Learn how to transform your accounts payable processes with AP automation. Spend more time on vendor relationships and business strategy and less time on manual AP tasks.

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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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Are You Already Thinking About Top 100 2024?

Insightful Accountant

If you answered 'yes,' now is the time to be thinking about it, even before the 2023 Top 100 names are announced.

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ChatGPT Was Set Up To Fail The CPA Exam

Cloud Accounting Podcast

Accounting Today said ChatGPT failed the CPA Exam — here's why that's misleading; a WSJ reporter clones herself with AI and tricks her bank and family; TurboTax tops the TV ads for tax year 2022; Audit firms remove partners who fault clients' internal controls; 80 percent of BDO Alliance partners vote to eliminate or modify the 150-hour rule Sponsors ShareFile - [link] CCH Axcess - [link] SuiteFiles - [link] Chapters (00:00) - ChatGPT Was Set Up To Fail The CPA Exam (00:30) - Does the accounting

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test page for speed

TOA Global

this is a test speed

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Benefits of Using Refreshable Excel Reports with Microsoft Dynamics GP

dynavistics

Are you a business manager who is using Microsoft Dynamics GP and needs a robust financial management system? Want to get the most out of your Dynamics GP investment? You should consider using refreshable Excel Reports, now that they are easy to set up. One of the most useful features of Microsoft Dynamics GP is its integration with Microsoft Excel, which enables users to create refreshable Excel reports.

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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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Amazon S3 Cost Optimization: 12 Ways To Optimize Your Costs

CloudZero

The Amazon Simple Storage Service (Amazon S3) is a cloud storage platform that provides highly scalable, low-latency, and relatively affordable cloud storage. Plus, developers can use S3 to save, archive, and retrieve data anywhere on the web at any time with a user-friendly web interface.

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Balanced budget definition

Accounting Tools

Related Courses Budgeting Capital Budgeting Governmental Accounting What is a Balanced Budget? A balanced budget occurs when planned revenues match or exceed the amount of planned expenses. The term is usually applied to government budgets, where revenues are relatively fixed and funding reserves are minimal, so expense levels must be tightly controlled.

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Member Spotlight: CCRA Designation of Excellence

NACM

​NACM's Professional Certification Program allows credit professionals to earn designations, learn and apply useful knowledge to help enhance their careers. In some instances, the certification program leads credit professionals to come back and earn even more.

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Normal capacity definition

Accounting Tools

Related Courses Operations Management What is Normal Capacity? Normal capacity is the amount of production volume that can be reasonably expected over the long term. Normal capacity takes into account the downtime associated with periodic maintenance activities, crewing problems, and so forth. When budgeting for the amount of production that can be attained, normal capacity should be used, rather than the theoretical capacity level, since the probability of attaining normal capacity is quite hig

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8 Pillars of Leadership Development

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.

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Non value added activity definition

Accounting Tools

Related Courses Activity-Based Management Lean Accounting Guidebook Project Management What is a Non Value Added Activity? A non value added activity is an action taken that does not increase the worth of what is delivered to the customer. A process improvement study looks for and tries to eliminate these activities. By doing so, a business can reduce its costs while at the same time increasing the speed of its processes.

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Non-controllable cost definition

Accounting Tools

Related Courses Cost Accounting Fundamentals What is a Non-Controllable Cost? A non-controllable cost is an expense that is not within the sphere of control of a manager. The cost may be controllable at a higher level of the organization, but it is not controllable from the perspective of the person in question. For example, a manager cannot alter his own salary.

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Examples of direct costs

Accounting Tools

Related Courses Activity-Based Costing Activity-Based Management Cost Accounting Fundamentals Direct costs are costs related to a specific cost object. A cost object is an item for which costs are compiled, such as a product, person, sales region, or customer. Examples of direct costs are consumable supplies, direct materials , sales commissions , and freight.

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Leasing definition

Accounting Tools

Related Courses Accounting for Leases What is Leasing? When an asset is acquired with financing provided by a lessor , the transaction is called leasing. When the lessee enters into a leasing arrangement, it pays a fixed periodic fee to the lessor. This fee is essentially comprised of the return of capital to the lessor, plus an interest component. The lessor may also charge the lessee for other fees incurred to acquire and hold the underlying asset, such as personal property taxes.

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How to Modernize Manufacturing Without Losing Control

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

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Auditor definition

Accounting Tools

Related Courses 7 Habits of Effective Auditors How to Conduct a Compilation Engagement How to Conduct a Review Engagement How to Conduct an Audit Engagement What is an Auditor? An auditor is an individual who examines the accuracy of recorded business transactions. Auditors are needed in order to verify that processes are functioning as planned, and that the financial statements produced by an organization fairly reflect its operational and financial results.