Thu.Jan 04, 2024

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A Financial Controller May Be Just What You Need, And More

Accounting Department

While planning for 2024, the question of whether or not it's time to hire a financial controller may come up for many business owners. To help make that decision easier, this article explains the duties of a financial controller and the benefits of partnering with an outsourced accounting provider, rather than trying to find a controller of your own.

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Private sector added 164K jobs in December as annual pay grew

Accounting Today

The service-providing sector added 155,000 jobs, including 1,000 in professional and business services.

Payroll 287
professionals

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Accounting Trends That Business Owners Can't Ignore in 2024

Accounting Department

Accounting is a critical aspect of any organization, and keeping up with the latest trends and technologies in this field is essential to ensure that businesses remain competitive and successful. As we enter 2024, there are a few key trends that business owners simply cannot ignore. In this blog post, we will explore these trends in detail, discussing how they will impact the industry and what businesses can do to stay ahead of the game.

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IRS signs $32M deal for data delivery services

Accounting Today

The contract will provide development support to two mission-critical systems at the agency.

Tax 299
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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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.

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Analyse GR/IR into Current Asset or Current Liability

SAP Accounts Payable

Introduction The document has been prepared from the front end perspective of SAP. The purpose of the blog is to solve the confusing situation of the business process where goods are received (MIGO) without the invoice. Also, where invoices are issued in advance (MIRO) before the goods were received. When MIGO occurs, document (WE) is recorded whereas in the case of MIRO, (RE) is recorded.

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Tax Fraud Blotter: Let the chips fall

Accounting Today

Fictions and ghosts; Indian connection; pulled over; and other highlights of recent tax cases.

Tax 294

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Wolters Kluwer offers beneficial ownership reporting solutions

Accounting Today

The company has introduced two options to help companies comply with the new requirements of the Corporate Transparency Act.

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3 Downloadable Guides to Managing the Change to QuickBooks Online

Insightful Accountant

As an accounting practice grows, it must adapt to meet clients' needs. This includes assessing technology requirements for both the firm and clients.

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2024, the year gen AI rockets to wide use for investment accounting teams

Accounting Today

Here are several trends that are set to shape the investment accounting space and the end-to-end investment process this year.

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The SMBs Guide to Conquering the Cloud with Amazon S3

Ace Cloud Hosting

The Secret Weapon in Your SMB’s Arsenal: Why Amazon S3 is the Storage Solution You Need For small and medium businesses or SMBs, data serves as the lifeline. This includes.

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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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Suspended Altice executive leaves Drahi's telecom empire

Accounting Today

The 49-year-old ran the group's Portuguese unit when the alleged acts of corruption, money laundering and tax fraud took place.

Tax 136
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Overcoming Burnout to Create a Sustainable Accounting Practice

Earmark Accounting Podcast

Hitendra R. Patil joins Blake for an insightful conversation about the staffing shortage in the accounting profession, identifying overwork and lack of work-life balance as key issues causing high burnout rates. They explore potential solutions like dropping the billable hour model, measuring impact rather than hours worked, outsourcing certain tasks, and focusing on specific value-added services.

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6 Cloud Orchestration Strategies to Optimize your Cloud

Economize

What is Cloud Orchestration? Cloud orchestration, an advanced aspect of hybrid and multi-cloud management, plays an important role in enhancing operational efficiency, reducing costs, and enabling agile cloud operations. Modern businesses face a growing challenge: managing an increasingly complex cloud environment.

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Meet 25 2023 Up-N-Coming ProAdvisor: Travis Zornoza

Insightful Accountant

We sat down with Travis to get his thoughts on being a Top 25 Up-N-Coming ProAdvisor, his journey, path to success, and passion to empower businesses to navigate their way toward profitability through American Sign Language.

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Your New & Improved Month-End Close Process Is Not So Far Out of Reach!

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!

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Top Apps This Accounting Firm Uses to Run Remotely w/James E. Heyward

Jetpack Workflow

Podcast Summary In this episode of the Growing Your Firm Podcast, host David Cristello interviews James E. Heyward, the principal at Heyward CPA. They dive into the world of technology and discuss the apps and tools that are working well for James’ firm, as well as those that aren’t. They also touch on the importance of using a support desk for client communication and setting expectations for response times.

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Ignition @ QuickBooks Connect 2023

Insightful Accountant

Ignition makes it simple to sell, bill and get paid for your services - all in one place.

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The Top Spendesk Alternatives In 2024

Tipalti

Looking for the best Spendesk alternative? See how Spendesk compares to Payhawk, Pleo, and Tipalti. Find the best spend management software for your business today.

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Will voters veto 'billionaire taxes' and other plans to tax wealthy clients?

Accounting Today

Here's a breakdown of the most important proposals and debates circulating in policy circles ahead of this year's election and a big Supreme Court decision.

Tax 199
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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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Margin Calculator

Tipalti

Optimize your business profitability with our Margin Calculator–effortlessly calculate profit margins and make informed decisions for greater financial success.

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Tips on the AP Reconciliation Process

oAppsNet

In the intricate realm of financial management, the Accounts Payable (AP) reconciliation process stands as a crucial navigational tool. It ensures financial accuracy, transparency, and compliance. This article aims to provide comprehensive insights and tips for organizations to enhance their AP reconciliation processes. By adopting effective strategies, businesses can streamline their financial workflows, reduce errors, and fortify the integrity of their financial records.

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Expensify vs Concur

Tipalti

Expensify and Concur offer impressive expense management solutions–but with different strengths and weaknesses. Find out which is best for your business.

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AI in 2024: Intuit Leaders on Possibilities and Pitfalls

Intuit

Widespread adoption of generative AI is now in its second year, and the wow factor has given way to a deeper understanding of its pros and cons. The technology has been in the hands of the public, innovators, and threat actors long enough for predictions about its future to be rooted in experience. Three of Intuit’s technology leaders look to the year ahead and share their perspectives on what AI presents and how organizations will need to both seize the opportunities and tackle the challenges.

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

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.

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ERP Implementation Cost Calculator

Tipalti

This tool is designed to estimate the total cost of implementing an ERP system by considering all the key factors.

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Democrats say Trump hotels got foreign money during presidency

Accounting Today

The dollar figures in the report come from two years of records obtained by Democrats after a protracted court battle with Trump's former accounting firm.