Xero

JANUARY 31, 2023

It’s time to switch to new reports If you haven’t made the switch to new reports, we urge you to start moving your work across now , so you have plenty of time to get used to them before the older versions are retired. Here are the latest features we’ve introduced to new reports: The current column in Aged reports is now automatically hidden when it’s not needed (such as when ageing by invoice date) or if it’s empty You can now run aged reports at the end of the current month by default, instead

XERO 232

XERO Payroll Accruals Tax 232

Accounting Department

JANUARY 26, 2023

From a business owner's standpoint, the thought of handing off an entire area of your business for someone else to take care of may seem a bit nerve-wracking. But business owners should consider how much time is being used up on a daily, weekly, or yearly basis on an area of the business, like bookkeeping, that can be spent focusing on sales, growth, and future planning.

Outsourced Bookkeeping 208

Outsourced Bookkeeping Bookkeeping Virtual Bookkeeping Bookkeeping Services 208

ProsperOps

JANUARY 31, 2023

By 2025, 51% of IT budgets will go to cloud-based systems and operations. But, as cloud adoption increases, so does the cost of doing business. As more cloud services are introduced, along with serverless and microservice-based architectures, measuring cloud costs is both complex and unpredictable. That’s where cloud cost optimization comes into play.

FinOps 130

FinOps FinOps Computation Billing 130

AP Association

JANUARY 23, 2023

Businesses are facing huge challenges as a result of the troubled economy. Inflation has reached a 41-year high of 11.1% and the Bank of England is warning of a long recession looming. As a result, businesses are increasingly automating their accounts payable process to increase efficiency going into 2023. Surveys have revealed CEOs' main goals are digitisation, growth and efficiency.

Accounts Payable 130

Accounts Payable Accounts Payable AP Accounting 130

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.

Fidesic blog

JANUARY 22, 2023

Are you ready to take 2023 by storm, boost your job performance and get noticed by your bosses? We looked at content from recruiting agencies all over the internet and came up with some tips on how to be a good AP clerk. The 5 skills we found to improve so you can be a better AP clerk include: Communication, Organization, Attention to Detail, Software Skills and Continued Learning.

AP 130

AP Accounts Payable Accounts Payable Accounting 130

Accounting Today

JANUARY 4, 2023

Auditing 289

Auditing Tax 289

Accounting Department

JANUARY 19, 2023

As a business owner, getting paid in full and on time is crucial for a healthy cash flow. However, late payments and bad debts are a constant threat looming over an accounts receivables (AR) team. Accounts receivable reports are a key tool for businesses to manage their AR balances, forecast cash inflow, and stay on top of overdue payments.

Accounts Receivable 204

Accounts Receivable Accounts Receivable Account Receivables AR 204

ProsperOps

JANUARY 19, 2023

EBOOK Cloud Cost Optimization 2.0 Despite consistent and heavy growth in cloud investments, only 15% of companies surveyed in the 2022 State of FinOps report believe their FinOps program is mature or well-optimized. About the eBook Most organizations are vulnerable to the cycle of cloud costs, in which teams repeatedly address short-term optimizations to achieve mediocre savings outcomes.

FinOps 130

FinOps FinOps 130

SAP Accounts Payable

JANUARY 6, 2023

As we take the time to get back into the swing of things and dig ourselves out of backlogged emails, we reflect on what we were able to accomplish last year while looking forward to our goals for 2023. Did you close that big deal you were hoping for in Q4? Or were you able to hit those last-minute cost savings objectives? Is part of your 2023 goals to improve your internal collaboration across silos?

AP 115

AP Accounts Payable Accounts Payable Invoicing 115

Fidesic blog

JANUARY 19, 2023

A Microsoft Dynamics GP customer recently came to Fidesic because they were facing an increasingly common problem--they were struggling to hire an accounts payable clerk. The fact is that the industry is currently in a talent shortage as ‘accounting clerk’ has been a difficult position to fill in recent years.

Accounts Payable Clerk 130

Accounts Payable Clerk Accounts Payable Accounts Payable Accounting 130

Advertisement

Did you know automating your month-end close can save up to 40% of the time typically spent on manual reconciliations? CFOs and controllers are leveraging SkyStem's workflow management and reconciliation tool to eliminate costly mistakes, ditch manual reconciliations and close faster. Want to know how they do it? Download our Quick Start Guide to a Crystal Clear Close!

Accounting Today

JANUARY 11, 2023

Tax 278

Tax 278

Xero

JANUARY 25, 2023

This February, we’re pumped to be hitting Australia’s major cities and regional towns for – you guessed it – Xero Roadshow 2023! From Geelong to the Gold Coast and Parramatta to Perth, we’ll be touring 17 locations between 7 to 27 February. Since we last hit the road in March 2022, the world has continued to experience lots of change (like talent shortages, rising inflation and cost of living pressures).

XERO 217

XERO Bookkeeping Payroll Accounting 217

Accounting Department

JANUARY 31, 2023

It is that time of the year again, tax season. Many businesses dread this time of the year - it's tough. But thankfully not as tough when you have the unrivaled support of AccountingDepartment.com. "1099 Season" spans from the beginning of the year until January 31st, and during this time, the team at AccountingDepartment.com is hard at work to prepare and review over 6,000 1099's for our clients.

Tax 203

Tax Accounting Accounting 203

Sage Intacct

JANUARY 9, 2023

Recently, I sat in on a financial-services session at our annual Sage Transform conference for Sage Intacct customers and partners. The session focused on family offices and one of the panelists, a CFO at a firm with dozens of multiple entities, described her journey building the firm’s financial tech stack. She spoke of taking months to analyze their business processes so their automation efforts would get it right the first time.

Financial Services 111

Financial Services 111

Advertisement

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

JANUARY 9, 2023

FinOps, or the practice of managing a company’s cloud computing costs, and DevOps, the process of efficiently building applications in the cloud, should ideally go hand-in-hand.

FinOps 105

FinOps FinOps Computation 105

Insightful Accountant

JANUARY 22, 2023

The Bonadio Group’s Kristin Kowalski discusses some of the ins and outs of what is becoming a potential growth opportunity in 2023 and beyond. Here’s what today’s accounting professionals should know.

Accounting 102

Accounting Accounting 102

Accounting Today

JANUARY 5, 2023

Tax 272

Tax 272

Xero

JANUARY 23, 2023

This blog was first published in April 2022 and updated in January 2023. If you’re a VAT-registered business , you may have received a letter or email from HMRC, informing you that the new penalty system for Making Tax Digital (MTD) for VAT is now in place. Arriving at the beginning of this year, the system is described as simplified penalties for late VAT submissions and payments, with a goal of making these fairer and more proportionate for customers.

XERO 209

XERO Tax Collections Bookkeeping 209

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 Department

JANUARY 25, 2023

The accounting cycle is a multi-step process that involves accepting, recording, sorting, and crediting payments made within a business during a period of time. It creates an accurate record of the business's financials that are summarized on its financial statements.

Financial Statements 200

Financial Statements Accounting Accounting Financial Reporting 200

Plooto

JANUARY 30, 2023

If you have any doubts about the importance of customer service and building solid client relations, consider the following statistic from a Harvard Business Review study: Increasing customer retention by 5% can increase profits from 25 to 95%.

Customer Service 98

Customer Service Accounting Accounting 98

CloudZero

JANUARY 30, 2023

When it comes to cloud costs, engineers have a particular reputation. The executive suite and finance department often share perplexing frustration about why engineers appear not to care about budgets and costs at all.

Budgeting 98

Budgeting 98

Insightful Accountant

JANUARY 26, 2023

MasterYourBooks' Mariette Martinez on the important role both play in reaching personal and professional growth goals for Latinos.

119

119

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 Today

JANUARY 12, 2023

Tax 266

Tax 266

Xero

JANUARY 31, 2023

Accounting has changed dramatically over the last few years. Automation, digital transformation and the acceleration of the cloud have all played an important role in shaping it. But amongst all of this change, one thing remains constant: businesses need to get paid, explains Hayden Watson, Director of UK-based accountancy firm, MHH Practice. Using technology to manage invoicing is one way to help businesses get paid on time, which may explain why invoicing remains one of our most loved feature

Invoicing 199

Invoicing XERO Auditing Tax 199

Accounting Department

JANUARY 18, 2023

Smart financial planning is something that sets successful growing businesses apart from others. Whether a business is new or growing in size , these 5 tips can be used by business owners to smarten up their business finances and prepare themselves for a successful future.

Outsourced Bookkeeping 199

Outsourced Bookkeeping Bookkeeping Services Bookkeeping Accounting 199

Plooto

JANUARY 23, 2023

In 2022 we introduced a new feature in Plooto called Plooto Capture, located in the Documents tab. Capture was built to help Plooto provide an automated end-to-end cash flow experience to our customers. Holistically, Capture is made to automate the input and creation of the bills that will then be paid through Plooto, with the convenience of having this entire experience live within the Plooto system.

Billing 98

Billing Invoicing Accounting Accounting 98

Advertisement

Developing a consistent month-end close doesn’t need to be a mystery. We’re sharing our top 10 secrets (plus one bonus!) for streamlining your close.

Gaviti

JANUARY 16, 2023

As a collections team, mailing dunning emails and collecting receivables from customers are routine tasks. While many A/R teams use the same templates and emails, they often fail to review and test various types of messages. But how can you ensure that you are using the most effective workflow possible? – Simple, your marketing department has been doing this for a long time.

Collections 98

Collections Accounts Receivable Accounts Receivable Account Receivables 98

Insightful Accountant

JANUARY 19, 2023

Everyone wants to streamline their logistics. To help out, PACK & SEND's Nicholas Woodward shares the seven best accounting practices for managing your accounts effectively.

Management Accounting 99

Management Accounting Accounting Accounting 99

Accounting Today

JANUARY 10, 2023

Tax 260

Tax Auditing 260

Xero

JANUARY 16, 2023

At Xero, we take pride not just in the work that we do every day to help accountants, bookkeepers and small businesses around the world, but also in how we try to create a workplace culture where our people love coming to work each day. This is why we’re incredibly proud to now be certified as a Great Place to Work here in Canada. The Great Place to Work Institute Canada is a research and management consultancy firm, founded in the U.S. with International Affiliate offices throughout the world.

XERO 192

XERO Account Bookkeeping Collections Bookkeeping 192

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Whether you’re on a 1-day close or a 10-day close, there are some fundamental commonalities that all strong accounting departments share when it comes to the month-end close. Please join us for an informative webinar where we share best practices that your team can implement today to ace your close! 1 CPE credit will be provided for qualifying participants.

Accounting