Thu.May 18, 2023

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ADC Attends the 2023 WPO Entrepreneurial Excellence Forum

Accounting Department

Last week, AccountingDepartment.com Business Development Representatives, Shawn Marcum, and Luke Backus attended the 2023 Women President's Organization Entrepreneurial Excellence Forum in Las Vegas, NV.

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8 Features to Consider When Choosing an AP Automation Solution: An Enterprise Guide

Ascend Software blog

Investing in an Accounts Payable (AP) automation solution can dramatically streamline your business operations, reduce costs, and improve accuracy. However, with a myriad of options available, choosing the right solution can be daunting. This blog will delve into the top features you should consider to ensure you select a solution that aligns with your enterprise's needs.

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The Top 9 Ways to Use ChatGPT in Your Firm

Future Firm

In this episode, I want to share 9 ways you can leverage ChatGPT in your accounting firm to save time, reduce stress, and boost productivity. Listen below. 0:26 – ChatGPT is a powerful tool that can boost productivity and efficiency for several processes. 1:07 – ChatGPT can help businesses save time and generate high-quality blog content by quickly creating informative and engaging posts based on provided topics and details. 1:39 – Second, ChatGPT helps you draft professional e

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Beginners Bookkeeping Guide for Self-Employed or Freelancers

LedgerDocs

Any freelancer or self-employed individual knows what it is like to be busy and you’re used to wearing multiple hats on your workday. With everything that you have going on, managing your finances and bookkeeping can be challenging. Maintaining organized and accurate records is crucial for your business’s financial health, future growth opportunity, and tax compliance.

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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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REMINDER: QuickBooks Desktop 2020 Sunsets May 31, 2023

Insightful Accountant

Intuit will discontinue support, including add-on services for QuickBooks Desktop 2020, as of May 31, 2023.

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The Role of Predictive Analytics in Subscription Revenue Software

Billing Platform

When forecasting subscription software revenue, do you find it a time-consuming process that never quite hits the mark? What if you had the ability to forecast revenue with precision? Now you can! Combining predictive analytics with subscription revenue software is a growing discipline. It’s rapidly being adopted by subscription management organizations!

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Key Provisions of the 2023 NZ Budget

Ontrack Bookkeeping

This month Grant Robertson delivered his sixth Government Budget. The Government announced that Budget 2023 would prioritise addressing the cost of living and aim for a ‘no frills’ budget without unexpected tax changes. The challenge is how to decrease Government expenditure to mitigate inflationary effects, while simultaneously ensuring economic stability for New Zealanders during an unpredictable period and also effectively managing issues like health, housing, and climate change.

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QuickBooks 2020 – Release Update R17_23

Insightful Accountant

Intuit has pushed out the R17_23 update to QuickBooks 2020 Desktop Products, including Enterprise 20.0. This update is a companion to the service discontinuation notification regarding the 2020 products.

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Hiring Secrets from a 90-Person (Remote) Accounting Firm

Jetpack Workflow

Podcast Summary Today we welcome back a well thought and experienced guest, Shauna Wekherlien, CPA and founder of Tax Goddess Business Services. This is part 2 of our interview with Shauna. Check out Part 1 here. In the summary and podcast Jetpack covers Shanua’s inside look at team building and recruiting. Check out Shauna and her team: Tax Planning on Steroids Tax Goddess Human Resources Shauna Wekherlien, CPA – The Tax Goddess Shauna is a returning guest on our show.

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Rise of AI

Tipalti

Which AI tools are leading the automation race and which companies are benefiting the most from AI tech?

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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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Identifying & Preventing Vendor Fraud

MineralTree

According to a 2022 report by the Association for Financial Professionals (AFP), 71% of organizations surveyed experienced attempted or actual payments fraud in 2021. Vendor fraud is one common type of fraud used by scammers to steal from businesses of all sizes. It often involves faking vendor information to redirect payments from the accounts payable (AP) team to a fraudster’s account.

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Inclusive by Design: Our approach to accessible product development

Intuit

Intuit’s mission is to power prosperity around the world. This mission goes beyond just creating great products that work for most people. It means making sure our platform functions across a diverse customer base with a range of abilities. The World Health Organization estimates there are over one billion people in the world that experience a disability.