Xero
MAY 1, 2023
Managing people is one of the biggest challenges faced by small businesses. The complexity of payroll obligations makes this even more of a burden. In fact, last year we surveyed small businesses across Australia and found that 37% were worried they would accidentally pay their staff incorrectly. To ease the burden on employers, we’ve introduced an online workforce solution: Planday.
Accounting Department
MAY 1, 2023
A product rebate on Amazon is a type of promotion offered by manufacturers or sellers to incentivize customers to purchase their products. It typically involves offering a partial refund or discount on the purchase price of the product, either at the time of purchase or after the purchase has been made.
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Insightful Accountant
MAY 1, 2023
By highlighting stories of small business success and driving conversations, Intuit aims to help the small business community thrive.
Remote Quality Bookkeeping
MAY 1, 2023
Maintaining accurate financial records is crucial to the smooth operation of any small business. Bookkeeping entails maintaining precise and accurate records of all assets, liabilities, income, and expenditures through a solid chart of accounts. However, many small business owners see the intricacies of bookkeeping as a chore and don’t do a thorough job of reconciling their finances.
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.
Insightful Accountant
MAY 1, 2023
Fyle is helping give small businesses real-time visibility of their credit card data by directly integrating with payment networks like Visa and Mastercard.
Tipalti
MAY 1, 2023
Expense reports are critical to any business’s operating finances. Learn what expense reports are and how to fill one out, with examples and a template.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Tipalti
MAY 1, 2023
Streamline your AP process with this in-depth guide on creating an invoice approval workflow in Netsuite–get started today.
Accounting Tools
MAY 1, 2023
Related Courses Accounting for Derivatives and Hedges Corporate Finance Enterprise Risk Management What is Interest Rate Risk? Interest rate risk is the possibility that the value of an investment will decline as the result of an unexpected change in interest rates. This risk is most commonly associated with an investment in a fixed-rate bond. When interest rates rise, the market value of the bond declines, since the rate being paid on the bond is now lower in relation to the current market rate
Economize
MAY 1, 2023
Retrieval policies allow you to specify the rate at which data is retrieved from AWS S3 Glacier and the maximum size of a retrieval request
Accounting Tools
MAY 1, 2023
Related Courses Business Ratios Guidebook The Interpretation of Financial Statements What is the Cash Coverage Ratio? The cash coverage ratio is useful for determining the amount of cash available to pay for a borrower's interest expense , and is expressed as a ratio of the cash available to the amount of interest to be paid. To show a sufficient ability to pay, the ratio should be substantially greater than 1:1.
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.
Intuit
MAY 1, 2023
When AI became an established field in the 1950s, it lived in the R&D labs of universities and government agencies. When it started being commercialized some 50 years later, it still had a lab-like existence, accessible to a small number of scientists with specialized training. But today, the lab walls are coming down. A developer no longer needs a Ph.D. to create meaningful solutions with AI.
Accounting Tools
MAY 1, 2023
Related Courses Accounting Information Systems Accounting Procedures Guidebook What is a Turnaround Document? A turnaround document is a computer-generated form that is sent to a third party, who is supposed to fill in the document and return it to the issuer. The information on the form is then used as the basis for data entry back into the computer system.
Accounting Tools
MAY 1, 2023
Related Courses Activity-Based Costing Operations Management What is a Secondary Cost Pool? A secondary cost pool accumulates those costs incurred to provide services to other parts of the company. There may be several secondary cost pools , depending upon the nature of the costs and how they will be allocated. Examples of secondary cost pools are facility services, copy services, legal services, motor pool services, and data processing services.
Accounting Tools
MAY 1, 2023
Related Courses Franchise Accounting What is a Franchisee? A franchisee is a party that runs a purchased franchise for a specific location. The franchisee typically pays an up-front fee to a franchisor to begin a franchise arrangement, as well as a percentage of its gross sales as an ongoing royalty fee. The franchisee must also do business under the franchisor's trademarked name, and cannot sell the products or services of other businesses that compete with the franchisor.
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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!
Accounting Tools
MAY 1, 2023
Related Courses Behavioral Ethics Ethical Frameworks in Accounting What is Shareholder Theory? Shareholder theory is the view that the only duty of a corporation is to maximize the profits accruing to its shareholders. This is the traditional view of the purpose of a corporation, since many people buy shares in a company strictly in order to earn the maximum possible return on their funds.
Accounting Tools
MAY 1, 2023
Related Courses Accounting Information Systems Operations Management What is a Production Order? A production order is a document that states the number of units to be manufactured, the date when the order is released for production, and where the units should be delivered once they have been completed. A production order may be triggered by a long-term plan to maintain certain inventory levels, or by the receipt of an order from a customer.
Accounting Tools
MAY 1, 2023
Related Courses Operations Management What is Make to Order? Make to order is a production method that permits customers to buy customized goods. This is done by only starting production after receipt of a customer order. This approach minimizes finished goods inventory levels for the producer and results in precisely-targeted output, but at the cost of a longer wait time for the customer, and usually a somewhat higher price than mass-produced products.
Accounting Tools
MAY 1, 2023
Related Courses How to Audit Liabilities The Balance Sheet What are Other Current Liabilities? Other current liabilities are the residual liabilities of an organization that are not classified within one of the other current liability accounts. It is a line item in the balance sheet , in which is aggregated several current liability accounts that are too minor to report separately.
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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.
Accounting Tools
MAY 1, 2023
What is an Operating Loss? An operating loss is the loss recorded on an income statement before non-operating items are included. This loss only includes the results of continuing operations, and arises when operating expenses exceed revenue from operations. This is a crucial line item for investors to watch for, since it gives them a strong indication of whether a business will be able to spin off sufficient cash flow to pay dividends.
Accounting Tools
MAY 1, 2023
Related Courses The Balance Sheet The Income Statement The Statement of Cash Flows What is a Special-Purpose Financial Statement? A special-purpose financial statement is a financial report that is intended for presentation to a limited group of users. A special-purpose statement may accompany a complete set of financial statements that is intended for general use, or it may be presented separately.
Accounting Tools
MAY 1, 2023
Related Courses Fixed Asset Accounting Real Estate Accounting Real Estate Tax Guide What is Real Property? Real property is land and other assets that are permanently attached to the land. These other assets must be permanently placed on or under the land. Examples of real property are buildings, canals, crops, fences, land, landscaping, machinery, minerals, ponds, railroad tracks, and roads.
Accounting Tools
MAY 1, 2023
What is a Realized Gain? A realized gain occurs when the sale price of an asset is higher than its carrying amount. This gain is only considered to be realized when the asset is removed from the entity's accounting records. Thus, a gain is only realized when the associated asset has been sold, donated, or scrapped. Unrealized gains are generally not taxed, while realized gains are taxed.
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
MAY 1, 2023
Related Courses Accounting for Freight What is FOB Shipping Point? The term FOB shipping point is a contraction of the term "Free on Board Shipping Point." It means that the buyer takes delivery of goods being shipped to it by a supplier once the goods leave the supplier's shipping dock. The transportation department of a buyer might insist on FOB shipping point terms, so that it can take complete control over the delivery of goods once they leave a supplier's shipping dock.
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