Mon.Jan 23, 2023

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The small business guide to MTD for VAT penalties

Xero

This blog was first published in April 2022 and updated in January 2023. If you’re a VAT-registered business , you may have received a letter or email from HMRC, informing you that the new penalty system for Making Tax Digital (MTD) for VAT is now in place. Arriving at the beginning of this year, the system is described as simplified penalties for late VAT submissions and payments, with a goal of making these fairer and more proportionate for customers.

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Top accounts payable trends for 2023

AP Association

Businesses are facing huge challenges as a result of the troubled economy. Inflation has reached a 41-year high of 11.1% and the Bank of England is warning of a long recession looming. As a result, businesses are increasingly automating their accounts payable process to increase efficiency going into 2023. Surveys have revealed CEOs' main goals are digitisation, growth and efficiency.

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Important Changes to QuickBooks Related 1099 Filing and Billing for 2023

Insightful Accountant

You need to read this if you're an accountant who has firm-billed (wholesale billing or “Bill My Firm”) clients without a Payroll or Contractor Payment subscription, and are filing 1099(s) for the 2022 tax year.

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How to use Plooto Capture

Plooto

In 2022 we introduced a new feature in Plooto called Plooto Capture, located in the Documents tab. Capture was built to help Plooto provide an automated end-to-end cash flow experience to our customers. Holistically, Capture is made to automate the input and creation of the bills that will then be paid through Plooto, with the convenience of having this entire experience live within the Plooto system.

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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, Mailchimp to Host Fireside Chat for Black History Month

Insightful Accountant

The virtual fireside chat, which highlights the challenges and courage of small business owners, features actress Issa Rae, and TV host and former NFL player Nate Burleson. Get the details for the Feb. 1 event here.

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Why Performance And Cost Are Two Sides Of A Coin

CloudZero

In the SaaS world, it’s an accepted fact that engineering teams care most about performance, while finance teams primarily care about costs. The rift between the two teams is so large it caused the birth of a whole new SaaS company department — FinOps — to help them work together.

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Take Control of Your Life In Accounting

Blake Oliver

Happy Monday! I hope you all had a restful weekend. This past week, I finally took the ski vacation I'd been dreaming about. Something that I'd been putting off for 17 years. And I wish I'd done it sooner! It was amazing to disconnect from work and spend time with my accounting friends for a whole week. It got me thinking about how so many accountants are overworked and stressed out.

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Transform #4: The Multi Dimensions of Vitamin Angels

Cloud Accounting Podcast

Meet Our Guests: Bonnie Forssell LinkedIn: [link] Jennifer Herbert LinkedIn: [link] Learn more about Vitamin Angels [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Get in Touch Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary.

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Why Now is the Time to Add Financial Planning to Your Firm

Insightful Accountant

FFP Wealth Management's Joseph Graziano on why financial planning is something you need to consider even if you decide not to expand into it now or this year.

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Certum Solutions Named Intuit’s '2022 Trailblazer of the Year'

Insightful Accountant

The award-winning QuickBooks Bookkeeping Solutions and consulting practice also received top seller distinctions in four QuickBooks service solutions.

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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.