Ascend Software blog

MAY 16, 2023

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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Purchase Order AP 244

Accounting Department

MAY 16, 2023

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.

Financial Reporting 194

Financial Reporting Accounting Accounting 194

Intuit

MAY 16, 2023

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.

Tax 113

Tax Auditing Computation Billing 113

Insightful Accountant

MAY 16, 2023

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.

QuickBooks 104

QuickBooks 104

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

Outsourced Bookeeping

MAY 16, 2023

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.

Outsourced Bookkeeping 59

Outsourced Bookkeeping Tax Bookkeeping Services Bookkeeping 59

Insightful Accountant

MAY 16, 2023

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.

QuickBooks 88

QuickBooks 88

Insightful Accountant

MAY 16, 2023

QuickBooks and Mailchimp celebrate small business heroes delivering big impact in their communities.

QuickBooks 97

QuickBooks 97

Cloud Accounting Podcast

MAY 16, 2023

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

CPA 52

CPA Auditing Tax Billing 52

dynavistics

MAY 16, 2023

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.

Microsoft Excel 52

Microsoft Excel Accounting Accounting 52

CloudZero

MAY 16, 2023

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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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.

Tipalti

MAY 16, 2023

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.

AP 52

AP Accounts Payable Accounts Payable Accounting 52

Insightful Accountant

MAY 16, 2023

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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Accounting Tools

MAY 16, 2023

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.

Budgeting 40

Budgeting Tax Accounting Accounting 40

TOA Global

MAY 16, 2023

this is a test speed

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Accounting

Accounting Tools

MAY 16, 2023

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

Budgeting 40

Budgeting Accounting Accounting 40

NACM

MAY 16, 2023

​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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5

Accounting Tools

MAY 16, 2023

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.

Accounting 40

Accounting Accounting 40

Xero

MAY 16, 2023

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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Payroll XERO General Ledger Reconciling 48

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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

Accounting Tools

MAY 16, 2023

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.

Cost Accounting 40

Cost Accounting Budgeting Accounting Accounting 40

Less Accounting

MAY 16, 2023

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Deposits 52

Deposits Accounting Software Accounting Accounting 52

Accounting Tools

MAY 16, 2023

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.

Customer Service 40

Customer Service Cost Accounting Accounting Accounting 40

Accounting Tools

MAY 16, 2023

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.

Auditing 40

Auditing Financial Statements Financial Records Financial Reporting 40

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.

Accounting Tools

MAY 16, 2023

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.

Financial Records 40

Financial Records Financial Operations Financial Operations Tax 40