January, 2019

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5 Bookkeeping Mistakes to Avoid

Billah and Associates

Running a small business involves operating on a small budget and as such maintaining proper bookkeeping method is critical to prevent any unnecessary loss or financial expenditure. Bookkeeping is more than just recording financial transactions in a ledger and any negligence in maintaining it in a proper way may even result in the falling apart of your small business.

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Introducing The Ultimate Retreat of 2019: Receipt Bank Exchange Australia

Dext

We know how hard you work. The late nights at the office, the tough conversations with clients, the grit to push through projects and deliver great value – month after month, year after year. Our mission is to help you save time to do more of what you love.

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5 Easy Steps to Add New Line Item Fields to FBL1N

SAP Accounts Payable

Introduction: A common request from users of FBL1N (Vendor Line Items) is to include additional columns of data in the “Column Set” that can be selected when creating or maintaining a line layout variant. These requests come when neither the base list nor the special fields list have the data needed; i.e., user needs data from another table.

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Jan 30, Processing Supplier Refunds | Learning QuickBooks

Bookkeeping Essentials

How to handle a supplier refund in QuickBooks Online as well as a supplier credit. There is a link to a shortcut method that even handles sales tax simply and effectively!

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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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Xero wants to change the definition of “accountant,” Expensify drops the first rap video about expense reports, meanwhile EY’s own expense app is “hot garbage,” and more

Cloud Accounting Podcast

Show Notes @davidleary @BlakeTOliver another case for unlimited PTO: female retention. I use 1/3 of my PTO on vacation, 1/3 on my sick kids ?, 1/3 I hoard so I have paid maternity leave. Women have different PTO needs then men, when can we recognize that and come up with a solution?— Kelly Mann (@TheCPAMann) January 24, 2019 Why we are calling for the definition of the word ‘accountant’ to be changed — Xero — Xero is calling for The Oxford English Dictionary to "change its out of date definitio

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Scaling the Land-and-Expand Subscription Management Model

Sage Intacct

Many growth-stage SaaS companies have embraced the “land-and-expand” subscription business model to win an initial customer and then add value over time that allows for upselling additional products and features. But that creates a strong need to balance both volume and repeatability in automating their processes. Here’s how one company has achieved 100-percent growth using that model.

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Surfing Legend, Layne Beachley, Confirmed for Receipt Bank Exchange

Dext

Want any more reasons to attend Receipt Bank Exchange Australia? Layne Beachley, eight-time world surfing champion, will be sharing her stories from the surf at this year’s Receipt Bank Exchange Australia. The most magnificent being is you. Layne paved the way for female surfers to be respected on the waves.

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The Super Bowl meets expense reports, nurses beat accountants for honesty & ethics, tax season could get ugly given the shutdown, another new $99 tax service for the masses, and more

Cloud Accounting Podcast

Show Notes Females underrepresented at the AICPA Annual Executive Roundtable — Twitter — Dan Hood, editor of Accounting Today, shares Barry Melancon’s complaint that only 22 percent of accounting firm partners are women — and that we need to do better. Meanwhile, only 5 to 10 percent of attendees at the roundtable were women this year. Super Bowl LII Will Feature An Ad About Expense Reports — AdAge — The Super Bowl marks Expensify's first ever TV ad.

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Accounting salaries stagnate, KPMG is on 'The Bachelor,' Plaid buys Quovo, TaxJar raises $60M for sales tax automation, why the virtual office doesn’t work for CPAs, and more

Cloud Accounting Podcast

Show Notes Accounting salaries remain high in 2019 — Accounting Today — Accounting professionals in the public accounting space should feel good entering the New Year, as average salaries have once again increased due to stiff hiring competition among firms. KPMG IT Advisory Associate Looking for Love on ‘The Bachelor’ — Going Concern — Onyeka Ehie will be trying to make the House of Klynveld proud as she tries to woo the heart of Colton Underwood in the new season of "The Bachelor.

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What the government shutdown means for accountants, why perks no longer cut it for workers, and how 2019 is going to be the year of instant payments

Cloud Accounting Podcast

Show Notes E-Verify AND E-Verify SERVICES ARE UNAVAILABLE — e-verify.gov — E-Verify and E-Verify services are currently unavailable due to a lapse in government appropriations. What the federal shutdown could mean for tax season — CNBC — Accountants are worrying about the prospect of an extended federal shutdown as tax season approaches. That means there's a possibility that tax refunds may be delayed and it could be difficult to get your questions answered by the IRS.

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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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Jan 9, Why You Need An Employment Contract

Bookkeeping Essentials

Act carefully when dismissing an employee if you do not have a written employment contract. Learn how a written employment contract for every employee hired reduces your liability for damages.

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2019 Predictions! Also, Isaac Asimov predicted the computer automation revolution, Mindbody to be sold, senators prod regulators on FinTech, and what’s new in QBO

Cloud Accounting Podcast

Show Notes 2019 Hiring and Compensation Trends for Accounting Firms — CPA Practice Advisor — Check out these six trends hiring managers in public accounting need to know, as identified by research for the 2019 Robert Half Salary Guide for Accounting and Finance Professionals. 35 years ago, Isaac Asimov was asked by the Star to predict the world of 2019.