March, 2019

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How Yorkshire Enterprises Successfully Transitioned from 100% Desktop to the Cloud

Dext

Yorkshire Enterprises, founded by Sarah J. Simpson, CPB, is a practice in Ontario, Canada. Until two and half years ago, it was run 100% on desktop. Now, Sarah looks after 35+ bookkeeping clients and 500+ tax preparation clients almost entirely virtually at Yorkshire Enterprises.

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Getting Help from Professional Business Accountant

Billah and Associates

When to Seek Help from a Professional Accountant for your Business Accountants are the people who handle financial issues of individuals and businesses, operating in all sectors. Whether you are into an art business or you operate your business from home an accountant can do a lot than just playing with numbers. Starting from just a business plan to its formation and loan application to government audit an accountant has the ability to make every financial issue simple for you at every step.

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Mar 7, Place of Supply Rules For GST & HST

Bookkeeping Essentials

Effective May 1, 2010, the place of supply rules for IPP and services changes. They are now based on customer location. New QST rules for non-residents went into effect in 2019. Learn about online sales, out-of-province sales, non-resident sales.

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Top 5 SaaS Metrics Investors Want To See – By Venture Stage

Sage Intacct

If you don’t prepare ahead of time, you could get stuck not producing the key SaaS metrics that investors want to see when they’re considering whether to invest in your next round. Not preparing the right SaaS metrics by venture stage for your VCs can ultimately reduce valuation, or even kill your fund raise.

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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 Live, busy season Saturdays, the gender pay gap, bans on cashless stores, upcoming accounting conferences, and more

Cloud Accounting Podcast

Show Notes 00:08 -- We got more reviews. Thank you! Give us a review on iTunes and we’ll read it on one of our weekly shows. 01:43 -- A survey revealed that you’ll get the best results from a blog post if you spend six hours working on it. 03:57 -- QuickBooks Live is now official — details on Intuit’s official Firm of the Future blog include the fact that Intuit has already hired 10 Boise-based ProAdvisors as part of the QuickBooks Live Bookkeeping team. 09:07 -- A survey by the IMA suggests th

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EFT Payments – The Guide to Electronic Fund Transfers

AvidXchange

Today, commerce is relying more and more on electronic communications to handle financial transactions efficiently and affordably. For this, businesses are turning to electronic fund transfer system (EFT) networks to initiate and process payments using the Internet. What is an EFT Payment? EFT is an umbrella term that describes a variety of electronic payments, including wire transfers and automated clearing house (ACH) transfers.

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AWS Costs: Surprise, Surprise? It Shouldn’t Be!

CloudZero

A recent article by The Information: As AWS Use Soars, Companies Surprised by Cloud Bills was very interesting and worth a read.

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Mar 17, Minimum Wage Rates in Canada by Province

Bookkeeping Essentials

Canadian minimum wage rates and links to provincial and territorial employment standards - good for backwork; hours of work compliance; unclaimed/uncashed pay cheques

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[INTERVIEW] Carla Caldwell On the Future of Bookkeeping

Dext

Next week sees the launch of our webinar series, The Bookkeeping Success Summit – three webinars set over a week about incorporating automation and re-assessing processes in your firm in order to maximize profit. Our special guest for the series is Carla Caldwell, Quickbooks ProAdvisor of the Month and founder of Caldwell Consulting & Training.

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Congrats to the Top 50 Women in Accounting! Also, details on Intuit’s “Expert Connections” test, how many accounts you should have in your CoA, and more

Cloud Accounting Podcast

Show Notes 00:10 -- Top 50 Women In Accounting 2018 — Practice Ignition — The winners ranked among the highest on an “anonymised scoring system which took into account the communication of professional and community achievements.” Check out Madeline Pratt’s Facebook Live panel discussion with nine of the winners which is also available on the Finding Fearless podcast. 02:48 -- Intuit Expert Connections — Intuit ProConnect — Thanks to one of our listeners for sending over a link to this “still in

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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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QuickBooks Live on the Intuit earnings call, how GoDaddy’s “do it with me” program could be a harbinger for ProAdvisors, community feedback on QuickBooks Live, and why job switchers make more money

Cloud Accounting Podcast

Show Notes In this episode, Blake and David discuss: Intuit catches 'credential stuffing' attack on TurboTax account — Accounting Today — The software provider recently alerted Vermont that a cybercriminal had gained access to a state resident's account. How did they do it? Because the customer had used the same password on another site that got hacked.

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Interview and demo with Botkeeper CEO Enrico Palmerino on Facebook Live

Cloud Accounting Podcast

Show Notes This episode is sponsored by Veem , the easiest way to send money internationally. Sign up today and earn 10,000 VeemBack points on your first transaction.* *Restrictions apply. Visit the Veem website for details. This bonus episode of the Cloud Accounting Podcast features an extended interview with Enrico Palmerino, CEO of Botkeeper, and his technical director Justin DoBosh.

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Could the tax-filing deadline be extended? Also, why accountants should be worried about bots and fake AI startups, and Canopy lays off 40% of its staff

Cloud Accounting Podcast

Show Notes 00:08 -- We got some reviews! Please do us a favor and give us a review on iTunes. 02:08 -- Might tax season be extended to make up for the partial Federal government shutdown? Two house Democrats have introduced a bill to extend the tax-filing deadline by 5 weeks. 03:51 -- Now you can track your team’s labor costs in QuickBooks Projects. 05:08 -- New limits in QuickBooks Online are causing some angst for ProAdvisors.

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