February, 2019

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Outsourcing Accounts Payable: The Pros and Cons

AvidXchange

Managing your relationships with vendors and suppliers is challenging enough. When complications occur in your accounts payable processes, they can hamper your business growth. In the worst scenarios, a poorly performing accounts payable process can even be a liability to your company. For these reasons, many companies are attempting to streamline their finance and accounting operations by adopting and integrating automated accounts payable tools and by restructuring their internal processes f

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Feb 18, Common Bookkeeping Entries - Journal Entry Examples

Bookkeeping Essentials

How to record some common bookkeeping entries that require special treatment with accounting journal entry examples. for the work from home business owner who does their own bookkeeping.

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4 Key Takeaways from the Modern SaaS Finance Summit

Sage Intacct

“I have a board meeting next week and this event is materially changing how I think about and how I am going to present on the model and the direction of the business.”.

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Guest Post: How to Manage Currency Risk After Brexit

Dext

As the grains of sand slip steadily through the Brexit hourglass, the UK finds itself staring at an ever-looming 29 March 2019. With just six weeks to go until the UK is set to leave the EU, there is still uncertainty over whether a deal will be reached in time.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Find the Right Business Accounting Services in Etobicoke

Billah and Associates

Managing the accounts is the most important—and the most time-consuming—part of any business. And for that, you need the best accounting service, one who meticulously does all your accounting. But, finding a reliable business accountant is no easy task. You need someone who appends your business and can give you individualized services. Below are some tips to help you find the right business accounting services in Etobicoke, Mississauga, Brampton, Toronto, and nearby GTA.

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It’s people! The Botkeeper investigation continues; Avalara buys AI tech; Intuit earnings; new limits in QuickBooks; and more

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. Recap of Botkeeper coverage and fallout, new questions, and the ethics of disclosing offshoring (00:53) In the previous episode , Blake and David discussed an email from Botkeeper CEO Enrico Palmerino to the firm’s accountant & CPA partners.

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Feb 13, Inventory Returns | Learning QuickBooks

Bookkeeping Essentials

How to book the inventory return of damaged goods and make them available for resale AS IS using the QuickBooks Online platform.

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Feb 10, CBSA Duties and GST Payable | Learning QuickBooks

Bookkeeping Essentials

Learn how to record Canada Border Services Agency amounts due -- CBSA duties and CBSA GST -- in QuickBooks Online.

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Tips to Gear up for Income Tax Return Preparation in Canada

Billah and Associates

In Canada, income tax returns are prepared and filed annually to determine how much tax a person or business owes to the government. There are several steps involved in income tax return preparation in Canada: Gather all necessary documents: This includes T4 slips for employment income, receipts for deductions and credits, and any other documents related to your income and expenses.

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Feb 18, Basic Bookkeeping Entries - Accounting Journal Entry Examples

Bookkeeping Essentials

Examples of and links to basic bookkeeping entries and accounting journal entries. for the work from home business owner who does their own books.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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The “hybrid” skills that tomorrow’s jobs will require, humans come out on top at the world’s first robot hotel, why leaders shouldn’t worry about absenteeism, and more

Cloud Accounting Podcast

Show Notes A new bank feeds process – simpler, faster, and more secure — Xero Blog — Now, to connect a new bank feed you can download a pre-populated application form in Xero with information about your organisation and bank account details. Simply sign and date the form, scan and upload it back into Xero and they'll take care of the rest. Dropbox Buys HelloSign To Improve Document Workflow — PYMNTS — Dropbox, the cloud storage company, announced Monday (Jan. 28) that it has acquired HelloSign,

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Is Intuit launching an Uber for Bookkeeping? Thoughts on "QuickBooks with Live Bookkeeping," and more

Cloud Accounting Podcast

Show Notes According to a new pricing page on the QuickBooks website, Intuit is now offering QuickBooks software plus access to “real bookkeepers to help you manage your business” for between $210 and $350 per month. Now QuickBooks customers can “Get valuable insights from unlimited one-on-one conversations with an experienced bookkeeper that knows your business.

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Tax Season Survival Guide

Dext

Tax Season is usually marked by long work weeks and unrelenting deadlines. But with a few changes you can make it more streamlined and profitable than ever. The stress that Tax Season brings – searching for documents, filling out forms, and last minute meetings with clients – is no secret in the accounting industry.

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Is Botkeeper singing a different tune? Follow up on QuickBooks Live, IRS internal controls are a joke, a VERY expensive accounting textbook, and JP Morgan is getting into the blockchain game

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. Is Botkeeper singing a different tune? In November 2018, Botkeeper raised $18 million from Greycroft and Gradient Ventures to use AI and machine learning to automate bookkeeping.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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What we know so far about QuickBooks Live, Intuit’s “test” of assisted bookkeeping services; FreshBooks adds double entry accounting; KPMG UK gives up on SMB accounting; and more

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. Offer limited to one reward per account. Offer only applies to international payments, and only on standard exchange rates. USD to USD cross border payments are excluded.