Xero

JUNE 8, 2023

If your inbox is anything like ours right now, emails spruiking EOFY discounts, mid-year promotions and stocktake clearances are piling up by the dozen. And with a new financial year around the corner, it’s no surprise that retailers are cleaning house in preparation. So if you’re looking to do the same (and tackle tax time while you’re at it), below are a few simple tips to consider ahead of the ‘23 year-end.

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Tax Payroll Bookkeeping XERO 229

Intuit

JUNE 8, 2023

Twice a year, Intuit technologists gather to experiment and collaborate on passion projects during Global Engineering Days (GED). The week-long code-a-thon shines a light on Intuit’s vibrant engineering culture, community, and commitment to sparking creativity. The week ignites innovation for more than 100 million consumer and small business customers.

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Bookkeeping Tax 221

Accounting Department

JUNE 8, 2023

Imagine having the ability to scale accounts payables (AP) operations for your e-commerce business, with the same amount of staff, or even less. With Tipalti's AP automation technology, businesses can do just that and accelerate their AP processes across the board.

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Invoicing AP Accounts Payable Accounts Payable 170

Fidesic blog

JUNE 8, 2023

It is true that Microsoft Dynamics NAV end of life is fast approaching. Mainstream Support ended for NAV 2018 at the start of 2023. This means the five-year countdown has begun for Dynamics NAV (aka Dynamics Navision) with all Navision extended Support ending in 2028.

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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

JUNE 8, 2023

Rewind, the No. 1 rated commercially-available backup app for QuickBooks Online, has just introduced a new bulk linking feature, which makes it easier than ever for ProAdvisors to protect their clients' data.

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QuickBooks 103

LedgerDocs

JUNE 8, 2023

PDF files are by far the most widely used format for sharing and viewing documents. Whether you are looking to open a business report, academic paper, or e-books, knowing how to view PDF files on your computer or tablet is essential but can be confusing depending on what device you are using. This blog outlines how you can access your PDF no matter what device you are using: Adobe Acrobat Reader: The easiest way to access a PDF file is using Adobe Acrobat Reader.

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Computation Bookkeeping Accounting Accounting 100

Insightful Accountant

JUNE 8, 2023

Intuit has unleashed the power of generative AI on its platform to ignite innovation at scale for millions of consumer and small business customers.

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Accounting Tools

JUNE 8, 2023

Related Courses Bookkeeping Guidebook How to Audit Receivables New Controller Guidebook How to Account for Sales Discounts A sales discount is a reduction in the price of a product or service that is offered by the seller, in exchange for early payment by the buyer. A sales discount may be offered when the seller is short of cash, or if it wants to reduce the recorded amount of its receivables outstanding for other reasons.

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Accounting Accounting Accounts Receivable Accounts Receivable 75

Billing Platform

JUNE 8, 2023

Is cash still king? A quick search provides compelling arguments for both sides of this coin. One thing, however, is certain – digital payments are on the rise. According to a recent report published by Global Market Estimates , the global digital payments market is projected to grow from USD 83.1 billion in 2023 to a whopping USD 188.2 billion by 2028.

Billing 52

Billing AP Invoicing Accounts Payable 52

Accounting Tools

JUNE 8, 2023

Related Courses Accountants' Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook How to Conduct an Audit Engagement Records Management What are Source Documents? Source documents are the physical basis upon which business transactions are recorded. Source documents are typically retained for use as evidence when auditors later review a company's financial statements , and need to verify that transactions have, in fact, occurred.

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Petty cash Invoicing Bookkeeping Reconciling 75

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.

Ace Cloud Hosting

JUNE 8, 2023

Small and medium-sized businesses rely heavily on the accounting software to keep their finances in order. QuickBooks is of the most popular accounting software that has been around for over.

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QuickBooks Accounting Software Accounting Accounting 52

Accounting Tools

JUNE 8, 2023

Related Courses Budgeting Capital Budgeting What is a Budget Variance? A budget variance is the difference between the budgeted or baseline amount of expense or revenue and the actual amount. The budget variance is favorable when the actual revenue is higher than the budget or when the actual expense is less than the budget. In rare cases, the budget variance can also refer to the difference between actual and budgeted assets and liabilities.

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Budgeting 75

NextProcess

JUNE 8, 2023

Here at Next Process, we’re always on the lookout to develop new features and make our products more useful to clients who are using our software. Part of this process involves listening to requests and suggestions from current clients, which is what led to a new feature we’re developing as part of our procurement and purchasing software. This new feature will help streamline procurement by making the process of verifying and acknowledging purchase orders (POs) more efficient.

Purchase Order 52

Purchase Order Invoicing Invoice Processing Accounts Payable 52

Accounting Tools

JUNE 8, 2023

Related Courses Excel Formulas and Functions Financial Analysis Introduction to Excel The effective interest rate is the usage rate that a borrower actually pays on a loan. It can also be considered the market rate of interest or the yield to maturity. This rate may vary from the rate stated on the loan document, based on an analysis of several factors; a higher effective rate might lead a borrower to go to a different lender.

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Financial Analysis 75

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Accounting

Nanonets

JUNE 8, 2023

Introduction to Airtable Airtable is a versatile tool that integrates the simplicity of a spreadsheet with the power of a database, and has dramatically altered the landscape of collaborative work. With its unique functionality and user-friendly interface, Airtable allows for more effortless organization and management of tasks, team collaboration, and data tracking, resulting in improved efficiency and productivity.

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Data Entry Invoicing Invoice Processing Accounting 52

Accounting Tools

JUNE 8, 2023

Related Courses Accounting for Inventory Activity-Based Costing Cost Accounting Fundamentals Job costing involves the detailed accumulation of production costs attributable to specific units or groups of units. For example, the construction of a custom-designed piece of furniture would be accounted for with a job costing system. The costs of all labor worked on that specific item of furniture would be recorded on a time sheet and then compiled on a cost sheet for that job.

Record Keeping 75

Record Keeping Billing Cost Accounting Accounting 75

Insightful Accountant

JUNE 8, 2023

In Part 2 of G76's Peter Mares' four-part series, the CEO Whisperer will help you answer some of the questions that can why you are in business. To learn more, you also can sign up for the June 14 webinar.

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Accounting Tools

JUNE 8, 2023

Related Courses Accountants’ Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook What is the Accounting Cycle? The accounting cycle is the actions taken to identify and record an entity's transactions. These transactions are then aggregated at the end of each reporting period into financial statements. The accounting cycle is essentially the core recordation activities that an accounting department engages in on an ongoing basis.

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General Ledger Financial Statements Accounting Accounting 75

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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

CloudZero

JUNE 8, 2023

If you’re going through a merger or an acquisition, you’ll soon have to assemble all the cloud account data from two or more organizations and blend it together to fit your new, larger organization.

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Accounting Accounting 52

Tipalti

JUNE 8, 2023

Expense management automation is the future of expense tracking. Learn about the benefits of this technology and how it can improve your business's financial management.

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Accounting Tools

JUNE 8, 2023

Related Courses How to Conduct a Compilation Engagement How to Conduct a Review Engagement How to Conduct an Audit Engagement What is an Auditor’s Opinion? An auditor’s opinion is a formal statement made by an auditor concerning a client’s financial statements. There are several types of audit opinions, which are noted below. Unqualified Opinion The unqualified opinion states that the financial statements fairly reflect the client’s financial results and financial position.

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Financial Statements Auditing Financial Records 40

Future Firm

JUNE 8, 2023

Online accountant forums can be a valuable resource for accounting professionals looking to expand their knowledge, connect with peers, and stay up-to-date on industry trends. In this post, we’ll explore the benefits of participating in online forums for accountants and enumerate which ones are worth joining. Let’s go! Table of Contents What are Accounting Forums?

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Accounting Accounting CPA Tax 52

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

JUNE 8, 2023

Related Courses How to Conduct an Audit Engagement What is Attest? Attest is a statement made by a certified public accountant that the financial statements of a client fairly represent the client’s financial results and financial position. The attest function of a CPA is highly valued by the investment community, which relies upon it to make investment decisions.

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Financial Statements CPA Auditing Accounting 40

Nanonets

JUNE 8, 2023

Introduction to Quickbooks Since its inception in 1983, Intuit's QuickBooks has revolutionized the way small to medium-sized businesses, entrepreneurs, and self-employed individuals handle their financial management tasks. This versatile accounting software, available both in desktop versions and as a cloud-based system, has become an integral tool, allowing users to simplify, streamline, and automate their financial operations.

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QuickBooks Data Entry Purchase Order Accounts Payable 52

Accounting Tools

JUNE 8, 2023

Related Courses Guide to Audit Working Papers How to Conduct an Audit Engagement What is Audit Documentation? Audit documentation is the record of procedures performed, evidence obtained, and conclusions reached as part of an audit. The proper preparation of audit documentation is critical for several reasons, including the following: It can be used as a defense if the auditor is ever accused of negligence.

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Auditing 40

Accounting Tools

JUNE 8, 2023

Related Courses Fraud Examination Fraud Schemes Money Laundering What is Accounting Fraud? Accounting fraud is the intentional manipulation of financial statements or tax returns for personal or corporate gain. For example, a business might overstate its revenue , understate its expenses , overstate its assets , or understate its liabilities. Several situations involving accounting fraud are noted below.

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Accounting Accounting Financial Statements Billing 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

JUNE 8, 2023

Related Courses The Interpretation of Financial Statements The Statement of Cash Flows What is Cash from Operating Activities? Cash from operating activities is the aggregate amount of cash flow reported in the operating activities section of the statement of cash flows of a business. This statement is part of the organization’s financial statements.

Financial Statements 40

Financial Statements Accruals Tax Accounting 40

Accounting Tools

JUNE 8, 2023

Related Courses Business Ratios Guidebook The Interpretation of Financial Statements What is the Earnings per Share Ratio? The earnings per share ratio (EPS ratio) measures the amount of a company's net income that is theoretically available for payment to the holders of its common stock. A company with a high earnings per share ratio is capable of generating a significant dividend for investors, or it may plow the funds back into its business for more growth; in either case, a high ratio indica

Financial Statements 40

Financial Statements Tax 40

Accounting Tools

JUNE 8, 2023

Related Courses Guide to Audit Sampling How to Conduct an Audit Engagement The Audit Risk Model What is Performance Materiality? Performance materiality is an amount less than the level of overall materiality , and is reduced in order to allow for the risk that there may be several smaller errors or omissions that have not been identified by the auditor.

Auditing 40

Auditing Financial Statements Accounting Accounting 40

Accounting Tools

JUNE 8, 2023

Related Courses New Controller Guidebook What is the Billing Cycle? The billing cycle is the recurring date on which a business issues invoices to its customers. For example, an accounting department may be geared to issue invoices on the first day of each month that relate to the goods and services it has provided during the past month. The monthly billing cycle is quite common among consulting, accounting, and legal firms, which compile their billable hours for the past month and then issue in

Billing 40

Billing Accounts Receivable Accounts Receivable Account Receivables 40

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