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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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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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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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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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.

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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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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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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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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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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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