June, 2022

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Xero App Store apps Australian small businesses should know about this EOFY

Xero

As we look towards the new financial year, it’s the perfect time to reflect on what’s needed to make FY23 the best year yet for your business. One element that shouldn’t be underestimated is the tools and technology in your repertoire. Why? Our Xero Small Business Insights report shows embracing digital tools can help small businesses accelerate their growth. .

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EY pays $100M SEC fine over CPA ethics exam cheaters

Accounting Today

CPA 356
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Navigating the Complexities of Hybrid SaaS Billing Models

Sage Intacct

The SaaS industry and its various spin-off sectors have introduced a dizzying number of innovations into the business arena. One of the most important of these is pricing flexibility.

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The 15 Best Continuous Deployment Tools In 2022

CloudZero

Today's technology companies need to release quality features quickly and put them in users' hands even quicker. According to the State of DevOps Report , organizations with CI/CD tools deploy 208X more often and have a 106X shorter lead time than organizations without one.

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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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QuickBooks Connect: Everything You Need to Know

Future Firm

QuickBooks Connect is one of the most popular annual accounting conferences that’s geared toward QuickBooks users and accounting professionals. In this article, you’ll get: An overview of what this conference is all about. information about previous events. How much it costs to attend. Where you can find more information about the conference. … and more!

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Russia-Ukraine War Substantially Damaged Global Supply Chain, Report Says

NACM

Just when businesses thought the supply chain crisis couldn't get much worse, Russia's invasion of Ukraine disrupted global trade even further. The conflict has increased shipping costs, complicated logistics and increased transit times, according to a new report from the United Nations Conference on Trade and Development (UNCTAD)."The war in the U.

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The keys to driving through change: It’s inevitable

Accounting Today

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Tips to Boost Net Revenue Retention and Stop Churn in Its Tracks

Sage Intacct

If you’re a SaaS finance leader, your churn rate (the number of subscription cancellations you receive over a given period) is one of your most valuable performance SaaS metrics to track and improve.

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The 7 DevOps Lifecycle Phases: How To Manage Costs At Each Step

CloudZero

DevOps helps developers and operators work together to create high-quality software quickly. DevOps is a modern software development philosophy that uses various tools, processes, and people to get ideal results rapidly.

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App partner of the month: EzzyBills

Xero

Xero connects with over 1,000 apps that help small businesses and their advisors succeed, with most available in the Xero App Store. Each month we celebrate an app partner who stands out for helping small businesses thrive. Find out more about becoming a Xero app partner here. I’m excited to introduce June’s app partner of the month, EzzyBills – a smart, simple data processing and approvals tool for small businesses and their advisors.

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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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Welcoming our new US Xero Partner Advisory Council (XPAC) members

Xero

Xero continues to grow in the US and Canada, and it’s important that we continue to seek feedback from our partners and advisors on how best to meet their needs. We recently hosted our US Xero Partner Advisory Council (XPAC) meeting in Denver to hear from our valued accounting and bookkeeping partners about what matters most to them. Our XPAC members provide crucial insights and advice, and help inform us on the issues and challenges they’re seeing in the accounting industry.

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Decarbonisation: What’s in it for accountants and bookkeepers?

Xero

As many of us continue to respond to the impacts of climate change, it’s important to consider how the small business landscape will change, not just for our small business customers but our accounting and bookkeeping partners too. When Xero was founded in 2006, we were just at the beginning of what was to become the new era of accounting, in the cloud.

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The countdown is on to Xerocon Sydney 2022!

Xero

Since the pandemic’s arrival, advisors have carried the weight of small business survival on their shoulders. But now, we’re entering a new chapter in our nation’s pandemic journey. Although challenges lie ahead, opportunities for growth, innovation and human connection are all within reach. This is why, after a two-year hiatus, we couldn’t be more excited to enter this new era with a celebration.

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That’s a wrap on Roadshow Australia 2022!

Xero

What a hectic few years we’ve all gone through, and the accounting and bookkeeping community has undoubtedly faced some of its toughest challenges yet. What’s more, they’ve done it largely in physical isolation, working behind a screen and over the phone to keep small businesses – and sometimes, each other – afloat. So if there’s one thing we can all agree on, it’s that nothing beats #human connection.

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The Definitive Guide to Spend Management

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.

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Four ways to build a fighting fit practice in FY23

Xero

The world of advisory has undoubtedly changed over recent years. Since the pandemic’s arrival, many practices have had no choice but to adapt to an environment where uncertainty is the new norm. And despite some persistent challenges – such as hiring staff and rapid regulatory changes – this evolution has also brought about countless chances to grow, connect and innovate. .

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Xero Australia’s Emotional Tax Return is back for 2022!

Xero

It’s no secret that the past few years have been some of the toughest yet for small businesses. From lockdowns and rising inflation to global and local crises, disruption has become the new norm for many. Although we’re a nation of fighters, the ups and downs have taken a toll – especially an emotional one. So, to help small businesses in need of a little respite, we’re excited to announce that Xero’s Emotional Tax Return competition is back for 2022!

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Bringing together our South African accounting community

Xero

What an amazing few days for team Xero in South Africa. We brought our Roadshow event back last week in Cape Town and Johannesburg. I loved seeing all the positive reactions from the 2,000+ accountants, bookkeepers, banks, apps and other industry partners. We’ve all missed being together in person, so it was great to see our community and hear from some inspirational guest speakers.

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10 questions you should ask your advisor this tax season

Xero

Xero partner and accountant Andrew Van De Beek of Illumin8 shares 10 questions every small business should ask their advisor this tax season (and beyond). . When it comes to tax time, small business owners (perhaps, yourself included) typically have a lot of questions for us advisors. But sometimes, knowing what to ask – or even how to ask it – can be a challenge.

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

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.

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The Big Reveal: Soulteria’s New Digs, Courtesy of Xero’s Beautiful Business Contest

Xero

Earlier this year, we announced our Xero Beautiful Business contest , which gave U.S. small business owners the chance to win a $15,000 office refresh by celebrated stylist and interior designer, Estee Stanley. Entrants were asked to submit photos and/or videos of their office, along with a description of why their workspace deserved a makeover. We are excited to share that the office makeover is finally complete!

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How Jessica Rose overcame burnout to keep the Jewellers Academy sparkling

Xero

Over the past two years, challenges posed by the pandemic as well as the rising cost of living have not only made it increasingly difficult for small businesses to survive and thrive, they’ve also placed a huge strain on owners’ mental wellbeing. . According to our study with CEBR (Centre for Economics and Business Research), only around half (55%) of small business owners know where to turn to get the mental health support they need.

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Why this South African accounting firm will always put its people first

Xero

When we think about running a successful accounting practice, we often think of profit, efficiencies, choosing the right digital tools, marketing – the list goes on. These are all important, but an essential part of building a successful business is the people and culture. . You can have all the right technology, but you need the right people to back it up.

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IRS adds options for electronically amending 1040s

Accounting Today

Tax 341
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Putting the ‘Tech’ in Spend Management Techniques

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!

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Crowdfunding complexities may produce tax surprises

Accounting Today

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How accounting can adopt a ‘work smarter’ mentality through workflow automation

Accounting Today

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Crypto crater prompts new tax headaches

Accounting Today

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A modern accountant’s guide to client accounting services

Accounting Today

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Your New & Improved Month-End Close Process Is Not So Far Out of Reach!

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!

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Innovation and integrity are key to accounting’s future

Accounting Today

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Keys to driving through change: Managing change

Accounting Today

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IRS tries to boost audit rates of wealthy

Accounting Today

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Taxpayer advocate sees much larger backlog than IRS reported

Accounting Today

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Book of Secrets for the Month-End Close

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.