Mon.Nov 27, 2023

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Unlocking the power of open banking: a simple and secure way to pay bills without leaving Xero

Xero

Paying bills is a crucial part of the cash flow equation, and yet it’s usually a very manual process for small business owners. Getting bills into Xero, processing the payment and reconciling each transaction can take time away from important tasks, like growing revenue and managing costs. There is also no standardised way for businesses in the UK to pay bills in bulk.

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Congress has little time to make tax changes this year

Accounting Today

The demands from various constituencies for tax breaks are not likely to stop lawmakers from proposing or introducing new legislation, if only to position themselves ahead of next November's election.

Tax 299
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Xero Summer Series: Ignite your potential in 2024

Xero

Accountants and bookkeepers, join us for Xero Summer Series Get ready to soak up the summer vibes at the Xero Summer Series – a new event that promises to set the stage for success in 2024. We’ll be turning up the heat in February and early March with a sizzling blend of keynote speakers and networking, set against the sun-kissed landscapes of our vibrant cities – Perth, Adelaide, Melbourne, Brisbane and Sydney.

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A pipeline progress report

Accounting Today

Sue Coffey and Lexy Kessler share what's being done in the short term and the long term to address the profession's shortage of new accountants.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Xero Summer Series: Ignite your potential in 2024

Xero

Accountants and bookkeepers, join us for Xero Summer Series Get ready to soak up the summer vibes at the Xero Summer Series – a new event that promises to set the stage for success in 2024. We’ll be turning up the heat in February and early March with a sizzling blend of keynote speakers and networking, set against the sun-kissed landscapes of our vibrant cities – Perth, Adelaide, Melbourne, Brisbane and Sydney.

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The 20 best states to be a property owner

Accounting Today

The six states with the lowest real-estate taxes have an average rate of 0.48%.

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Consulting firms face the wildest headwinds in years

Accounting Today

PwC and EY are among the large firms collectively shedding thousands of staff.

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Falling Behind? What to Do if You Owe Back Payroll Taxes

CSI Accounting & Payroll

When you own a small business, you have a lot on your plate. If doing your own payroll is part of that, do you always remember to pay your payroll taxes and file returns on time? If not, you can owe payroll back taxes. At CSI Accounting & Payroll, we’ve worked with small business owners for over 50 years. After seeing how many people fall behind on business taxes - including some falling behind on payroll taxes - we know the importance of outsourcing the things you don’t specialize in.

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KPMG freezes pay and cuts bonuses amid UK slowdown

Accounting Today

Due to soft market demand, raises will be prioritized for staff who have been promoted, and workers eligible for a bonus will receive one that's lower than in previous years.

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Purchase requisition vs Purchase order: The differences

Nanonets

Managing cash flow within your business is paramount to financial success – that’s a no-brainer. While accrual accounting lets you tweak and massage stats to reflect non-cash expenses, all businesses live and die on cash accounting: are your products or services bringing in more cash than you’re sending out?  While selling a superior service or product relies on forces outside of your control, like market and economic factors, you can manage your cash outflow to a decen

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

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.

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FASB offers segment reporting guidance

Accounting Today

A new final accounting standards update from FASB aims to improve public companies' disclosures about their reportable segments and expenses.

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How to Build A $10 Million Accounting Advisory Firm With Weekly Client Interactions

Blake Oliver

What if I told you that a CPA firm recently hit $10 million in revenue by simply meeting with clients every week? I had the privilege of speaking with accounting trailblazer Jody Grunden, CPA, whose firm Summit Virtual CFO by Anders accomplished this impressive feat. The key? Regular weekly touchpoints to actively participate in strategic decisions and provide relevant, real-time advice.

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Art of Accounting: Start now to ease next tax season

Accounting Today

Tax season is around the corner. Starting now with a few easy steps can relieve much of the pressure later.

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How to Update the Deposit to Account in Mass with Spreadsheet Sync

Insightful Accountant

Hello, everyone! As we all travel back to our desks after eating all the turkey, we still have year-end to do and sometimes that comes with some clean up tasks. Join Liz as she guides you through the process of using Spreadsheet Sync in QBO.

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Finding “The One:” The Ultimate Guide to Selecting Financial Software

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

As finance and accounting practitioners, you are expected to complete daily operations as well as to manage next generation tools and resources to support a business that is growing in complexity. Having the right software can be critical in juggling and meeting those high expectations. The path to the right software, however, is paved with challenging decisions.

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PwC cuts 2% of its workforce in Canada amid slowing economy

Accounting Today

Sustained high interest rates are pushing the nation's economy toward a recession.

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Breaking News: Exciting Updates to QuickBooks Ecosystem Unveiled at QuickBooks Connect 2023!

Insightful Accountant

In this video report, we'll focus on a game-changing addition to QuickBooks Online Accountant - the all-new QuickBooks Ledger functionality.

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Achieving the Dream

Tipalti

Achieving the Dream successfully moved all their suppliers to Tipalti in just three months during a busy audit season. They experienced faster payments and cut their workload in half.

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Disputes in Account Receivables: Process & Resolution

Gaviti

E fficient dispute management plays an essential role in improving your organization’s financial and business success. Disputes within account receivables can lead to delayed payments, strained customer relationships and unforeseen cash flow problems. In many cases, they lead to deductions, so your A/R team needs a process that supports deductions as well.

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The Definitive Guide to Spend Management

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.

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What is Netting? Definition, How It Works & Benefits

Nanonets

In most companies, the accounts payable team is responsible for sending payments to vendors, customers, and other business partners. Opposite the AP team, the accounts receivable team is in charge of collecting outstanding payments from customers and business partners. These transactions – both incoming and outgoing payments – determine whether or not a business will continue to function.

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