Thu.Apr 13, 2023

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A sneak peek into what’s next for reports in Xero

Xero

Our team hit the ground running in 2023, introducing a number of exciting features to new reports that we know you’ve been waiting for — including the addition of foreign currency to new reports. Here are some of the highlights and a sneak peek into what’s coming next. Don’t forget, the older versions of our reports will be retired on 31 July 2023. We urge you to start using new reports now , so you have plenty of time to get used to them before the older versions are retired.

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Why Not Use Dynamics GP for Another 10 Years or So?

Fidesic blog

You may have recently heard that Microsoft Dynamics GP and Business Central on-premise will no longer be sold to new customers after 2026. In this post we will discuss the situation with GP and what is possible. We are offering information, not advice. If you need advice on your Dynamics GP future, it's a good idea to check in with your GP consultant.

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Keep Vendors Happily Paid with Tipalti

Accounting Department

Growth comes for businesses sometimes when least expected and it could easily catch them off guard and unprepared when the company still has manual processes in place.

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Ascend AP Automation and Stormloop Technologies Partner to Optimize Workday Financial Management for Customers

Ascend Software blog

Ascend AP Automation, a Workday Select Partner for AP Automation and leading provider of accounts payable automation solutions, is pleased to announce a new partnership with Stormloop Technologies, a consulting firm specializing in Workday Financial Management. The partnership aims to help Workday Financial Management customers optimize and streamline their ERP processes through the use of Ascend AP Automation's cutting-edge technology and Stormloop Technologies' expert consultancy services.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Are You (and Your Clients) Ready for Disruption?

Insightful Accountant

The bi-annual 'Global Crisis and Resilience Survey' takes a deep dive into why you need to anticipate and respond to disruption proactively—not only to survive, but to thrive.

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Strategies for Companies Facing an Economic Downturn & Inflation

MineralTree

Modern finance teams face a multitude of challenges. The rising threat of inflation, potential recession, and other economic factors pose significant risks to businesses of all sizes. These challenges can lead to higher expenses, less access to capital, declining cash flow, and make accurate forecasting more difficult for teams, among other issues. In this article, we will explore the risks of inflation and recession, along with ways finance teams can mitigate these risks and recession-proof the

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Capitalized interest definition

Accounting Tools

Related Courses Construction Accounting Fixed Asset Accounting How to Audit Fixed Assets What is Capitalized Interest? Capitalized interest is the cost of the funds used to finance the construction of a long-term asset that an entity constructs for itself. The capitalization of interest is required under the accrual basis of accounting , and results in an increase in the total amount of fixed assets appearing on the balance sheet.

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How to Transition from In-House to Outsourced Accounting

CSI Accounting & Payroll

It's nice to have someone else do your taxes, but taking it one step further to outsource all aspects of your accounting can seem like an obstacle that most of us would rather delay. However, there comes a time for most small businesses when this makes the most sense. For over 50 years, CSI Accounting & Payroll has served thousands of small businesses.

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The steps in preparing a budget

Accounting Tools

Related Courses Budgeting Capital Budgeting Many organizations prepare budgets that they use as a method of comparison when evaluating their actual results over the next year. The process of preparing a budget should be highly regimented and follow a set schedule, so that the completed budget is ready for use by the beginning of the next fiscal year.

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What are ACH payments? And how does it work?

Nanonets

The Automated Clearing House (ACH) payment system facilitates the movement of billions of dollars every day, operating behind the scenes in the U.S. financial system. It's a sophisticated system that many of us have benefited from, whether by using online bill pay or receiving direct deposit paychecks. In this article, we'll explore the ACH network and ACH payments, how ACH payments function, and the ways in which it impacts our daily financial transactions.

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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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Controller job description

Accounting Tools

Related Courses 7 Habits of Effective Controllers Controller Education Bundle New Controller Guidebook Position Description The controller position is accountable for the accounting operations of the company. This includes the production of periodic financial reports, maintenance of an adequate system of accounting records , and a comprehensive set of controls and budgets designed to mitigate risk.

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Top Tax Preparation Outsourcing Companies in India | 2023

CapActix

Outsourcing has taken the world by force. Millions of entrepreneurs and CEOs have realized the revenue-maximizing benefits of outsourcing tax preparation to partners in India. According to Precedence Research, the Global Knowledge Process Outsourcing (KPO) market size accounted for USD 95.76 billion in 2022. And it is expected to reach around USD 301.46 billion by 2030.

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How to account for accrued rent

Accounting Tools

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook Property Management Accounting Accrued rent is the amount of unpaid rent owed by a renter or not yet collected by the landlord. If rent is paid on time, then there is never any accrued rent. The accounting for accrued rent from the perspectives of the landlord and the renter are noted below.

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GCP Cloud Logging Pricing

finout

Table of Contents GCP Cloud Logging Pricing Model Factors Affecting Cloud Logging Pricing Cost Optimization Techniques Optimize Cloud Logging Cost There's no denying that cloud computing is gaining more and more traction; however, a lesser known -but staggering- prediction is that a significant chunk (65.9%) of all enterprise software spending will go to cloud technologies in 2025 from less than 60% in 2022.

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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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10 songs from the 1970s to inspire accountants

Accounting Fun

"Money, Money, Money" by ABBA - Because accountants know money is their favorite thing to count, balance, and make sense of! "Taxman" by The Beatles - A reminder that even the legendary Beatles had to deal with taxes, just like everyone else. "Dancing Queen" by ABBA - When the financial statements are balanced, and you're ready to dance your way through tax season like a true queen of numbers.

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Cloudability Pricing: How Much Will Cloudability Cost You?

finout

Table of Contents Intro Cloudability Pricing Explained Choosing the Right Plan For Your Business A Better Alternative Intro Cloudability is a powerful cloud cost management tool you can use to optimize cloud spending across AWS, Azure, and other major cloud providers. This is important because cloud services can be expensive, and without proper management, costs can quickly add up.

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Petty cash box usage issues

Accounting Tools

Related Courses Bookkeeping Guidebook Corporate Cash Management How to Audit Cash Optimal Accounting for Cash A petty cash box is a receptacle in which petty cash bills, coins, and receipts are stored. Petty cash boxes are commonly used for the following reasons: They are specifically constructed with different compartments for bills, coins, and receipts.

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Reconciliation statement definition

Accounting Tools

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook What is a Reconciliation Statement? A reconciliation statement is a document that begins with a company's own record of an account balance , adds and subtracts reconciling items in a set of additional columns, and then uses these adjustments to arrive at the record of the same account held by a third party.

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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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Post date definition

Accounting Tools

Related Courses Payables Management What is Post Date? Post date refers to the writing of a future date on a check. The intent behind this dating arrangement is to force the payee to wait until the post date arrives before cashing the check. There are two reasons for doing so. First, the payer does not currently have sufficient cash in his checking account, and so sets a future date in the expectation of adding more cash to his checking account that will then be used to fund the check.

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Lock-up agreement definition

Accounting Tools

Related Courses Public Company Accounting and Finance What is a Lock-Up Agreement? A lock-up agreement is a legal provision that blocks company insiders from selling their shares. This agreement is usually enforced as part of an initial public offering (IPO), and expires anywhere from three to 12 months later. A summarization of all lock-up agreements is included in the prospectus that is issued to the investment community as part of the run-up to an IPO.

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Long-tail liability definition

Accounting Tools

Related Courses Business Insurance Fundamentals What is a Long-Tail Liability? A long-tail liability is an insurance claim that is not settled until well beyond when a policy has expired. These claims are usually associated with losses that are incurred but not reported during a policy period. This delay may be caused by a long court case that must be settled first, or a lengthy investigation by the insurer.

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Expense recognition principle

Accounting Tools

Related Courses Accountants' Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook What is the Expense Recognition Principle? The expense recognition principle states that expenses should be recognized in the same period as the revenues to which they relate. If this were not the case, expenses would likely be recognized as incurred, which might predate or follow the period in which the related amount of revenue is recognized.

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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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Lifetime cost definition

Accounting Tools

Related Courses Capital Budgeting Cost Accounting Fundamentals Purchasing Guidebook What is Lifetime Cost? Lifetime cost is the sum total of all expenses related to a purchase over its expected life. These costs include the original acquisition price, as well as subsequent maintenance, upgrades, insurance , and operating costs related to the purchase.

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Future value of an ordinary annuity table

Accounting Tools

Related Courses Excel Formulas and Functions Financial Analysis Introduction to Excel What is the Future Value of an Ordinary Annuity Table? An annuity is a series of payments that occur at the same intervals and in the same amounts. An example of an annuity is a series of payments from the buyer of an asset to the seller, where the buyer promises to make a series of regular payments.

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Master production schedule definition

Accounting Tools

Related Courses Accounting Information Systems Operations Management What is a Master Production Schedule? The master production schedule (MPS) is a production plan that states which products will be manufactured, as well as their amounts and start dates. Maintaining the schedule can be difficult, since the scheduler has to balance the conflicting goals of producing enough for actual customer orders, while also producing sufficient additional inventory to cover anticipated customer demand.

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Tag-along rights definition

Accounting Tools

Related Courses Corporate Finance Treasurer’s Guidebook What are Tag-Along Rights? Tag-along rights give a minority shareholder the right to take part in a transaction to sell shares in a company, at the same price and terms as the majority shareholder. These rights are needed to keep the minority shareholder from being left behind when the majority shareholder sells its stake in a business, leaving the minority shareholder with no way to liquidate its investment.

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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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Future value of an annuity due table

Accounting Tools

Related Courses Excel Formulas and Functions Financial Analysis Introduction to Excel What is the Future Value of an Annuity Due Table? An annuity is a series of payments that occur at the same intervals and in the same amounts. An example of an annuity is a series of payments from the buyer of an asset to the seller, where the buyer promises to make a series of regular payments.

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Fraud triangle definition

Accounting Tools

Related Courses Fraud Examination Fraud Schemes How to Audit for Fraud Money Laundering What is the Fraud Triangle? The fraud triangle is a model showing the conditions that increase the likelihood of fraud being committed. Fraud is any intentional deception engaged in for personal gain. The three components of the fraud triangle are perceived pressure, opportunity, and rationalization.

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Natural hedge definition

Accounting Tools

Related Courses Accounting for Derivatives and Hedges Corporate Finance Enterprise Risk Management What is a Natural Hedge? A natural hedge is a risk mitigation technique that involves investing in asset pairings that are negatively correlated. Natural hedges also occur through the normal course of business; for example, a company that conducts operations in another country will have minimal currency risk , because cash inflows and outflows are in the same currency.

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Jurisdiction risk definition

Accounting Tools

Related Courses Enterprise Risk Management What is Jurisdiction Risk? Jurisdiction risk occurs when a business operates in a foreign location. This situation could arise when a business has physical locations in another country, or when it transacts business there, such as by lending money to borrowers in another country. Or, the laws may change in one of these locations, thereby interfering with a firm’s business model.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.