Xero

APRIL 13, 2023

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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XERO General Ledger Bank Reconciliation Budgeting 325

Fidesic blog

APRIL 13, 2023

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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Accounting Department

APRIL 13, 2023

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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Accounts Payable Accounts Payable Accounting Accounting 182

Ascend Software blog

APRIL 13, 2023

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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AP Accounts Payable Accounts Payable Invoice Processing 130

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

Insightful Accountant

APRIL 13, 2023

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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Accounting Tools

APRIL 13, 2023

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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Accruals Record Keeping Auditing Accounting 75

Accounting Tools

APRIL 13, 2023

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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Budgeting Financial Software 75

CSI Accounting & Payroll

APRIL 13, 2023

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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Small Business Accounting Accounting Accounting Financial Statements 52

Accounting Tools

APRIL 13, 2023

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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Bank Reconciliation Accounts Payable Accounts Payable Budgeting 75

CapActix

APRIL 13, 2023

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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Tax CPA Auditing Financial Analysis 52

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.

Accounting Tools

APRIL 13, 2023

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.

Accounting 75

Accounting Accounting Bookkeeping Financial Statements 75

finout

APRIL 13, 2023

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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FinOps FinOps Computation Collections 52

Accounting Fun

APRIL 13, 2023

"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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Accounting Accounting Reconciling Financial Statements 44

finout

APRIL 13, 2023

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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Accounting

Accounting Tools

APRIL 13, 2023

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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Petty cash Accounts Payable Accounts Payable Billing 40

MineralTree

APRIL 13, 2023

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

Accounts Payable 84

Accounts Payable Accounts Payable AP Data Entry 84

Accounting Tools

APRIL 13, 2023

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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Bank Reconciliation Reconciling Deposits Bookkeeping 40

Nanonets

APRIL 13, 2023

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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Deposits Accounts Payable Accounts Payable AP 52

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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

APRIL 13, 2023

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.

Accounting 40

Accounting Accounting 40

Accounting Tools

APRIL 13, 2023

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.

Accounting 40

Accounting Accounting 40

Accounting Tools

APRIL 13, 2023

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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Accounting Tools

APRIL 13, 2023

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.

Financial Statements 40

Financial Statements Accruals Bookkeeping Auditing 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

APRIL 13, 2023

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.

Budgeting 40

Budgeting Cost Accounting Accounting Accounting 40

Accounting Tools

APRIL 13, 2023

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.

Financial Analysis 40

Financial Analysis 40

Accounting Tools

APRIL 13, 2023

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.

Accounting 40

Accounting Accounting 40

Accounting Tools

APRIL 13, 2023

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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Corporate Finance 40

Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker

If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!

Accounting

Accounting Tools

APRIL 13, 2023

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.

Financial Analysis 40

Financial Analysis 40

Accounting Tools

APRIL 13, 2023

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.

Petty cash 40

Petty cash Auditing 40

Accounting Tools

APRIL 13, 2023

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.

Corporate Finance 40

Corporate Finance Accounting Accounting 40

Accounting Tools

APRIL 13, 2023

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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