Accounting Department

DECEMBER 24, 2024

In the dynamic world of medium-sized businesses, growth isn't just a goalit's a necessity for survival and success. Yet, achieving sustainable growth requires more than just ambition; it demands a strategic approach powered by accurate financial insights. This is where precise financial reporting becomes a game-changer, offering a roadmap to navigate the complexities of business expansion.

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Financial Reporting QuickBooks 262

Intuit

DECEMBER 23, 2024

Understanding zero-based budgeting Do you know exactly where every dollar you earn goes each month? If you dont, zero-based budgeting might be worth a try. This popular budgeting method asks you to allocate every dollar you earn to specific expenses, giving each of those dollars a specific job. Unlike traditional budgets that might leave room for overspending, zero-based budgeting aims for precision.

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Budgeting Accounting Accounting 130

Accounting Today

DECEMBER 4, 2024

The most influential people in the field, as chosen by their peers.

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Accounting Accounting 331

FinOps Foundation

DECEMBER 11, 2024

Key Insight: To support the adoption of FOCUS , the FinOps Foundation has augmented the Use Case Library with the introduction of the FOCUS Sandbox. FinOps Practitioners can use this sandbox to run SQL queries on actual (anonymized) FOCUS billing data to gain a clear understanding of what FOCUS data looks like, and the real-world insights it yields.

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FinOps FinOps Billing Financial Operations 130

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

Xero

DECEMBER 10, 2024

With the Malaysian government’s push towards a digital economy, small and medium enterprises (SMEs) must adapt to new requirements. One key development is the National E-invoicing Initiative. This initiative aims to modernize how businesses manage invoices, helping to streamline operations, improve compliance, and enhance efficiency across industries.

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Invoicing XERO Invoice Processing Tax 238

AWS FinOps

DECEMBER 20, 2024

I have been putting off writing a summary of all the announcements our Cloud Financial Management (CFM) team made at 2024 re:Invent. My procrastination is partly due to the holiday preparations like many of you. However, more importantly, Ive been waiting for one more announcement. Now, with great pleasure, I am happy to share with you the ten features recently added to the AWS CFM portfolio of services.

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FinOps FinOps Computation Billing 98

Intuit

DECEMBER 11, 2024

The multiple gigs hustle is alive and thriving among Gen Z and millennials. According to Intuits latest consumer survey, The Side Hustle Generation: Gen Z and Millennials Redefine Financial Success, nearly two-thirds of 18-35-year-olds have started or plan to start a side hustle as an addition to another form of income. Even more telling, 65% of them intend to carry their entrepreneurial ventures into 2025.

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QuickBooks 264

Accounting Today

DECEMBER 2, 2024

States that do not assess the major taxes are more competitive than states with complex taxes with high rates.

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Tax 342

FinOps Foundation

DECEMBER 16, 2024

Key Insight: At re:Invent 2024, AWS announced numerous product enhancements that help FinOps Practitioners and their organizations optimize their cloud usage. The FinOps Foundation caught up with several AWS Product Managers at re:Invent and asked them what their teams have delivered and how these updates will impact Practitioners. These updates span from pricing calculators and commitment analyzers to help make choices before purchasing, to allocating and optimizing what you are already using,

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FinOps FinOps Computation Invoicing 130

Xero

DECEMBER 4, 2024

From January 2025, new climate reporting legislation will be introduced. It will require big businesses in Australia to track their carbon emissions and include the results in sustainability reports , which they’ll need to submit alongside their other annual reporting obligations. While this law directly targets businesses with more than 100 employees, the impact will inevitably trickle down to their suppliers, who may need to provide emissions data to them.

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XERO Accounting Accounting Auditing 230

Advertiser: Paycor

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.

Compleatable

DECEMBER 17, 2024

Purchase Order (PO) automation is a decisive influence for businesses striving to enhance operational efficiency, reduce manual workload, and improve financial accuracy. However, a successful implementation requires thorough planning and strategic execution. This guide outlines the steps for UK organisations to seamlessly transition to PO automation.

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Purchase Order Budgeting 100

Accounting Department

DECEMBER 26, 2024

For many medium-sized businesses, the decision to maintain an in-house accounting team seems like a straightforward choice. After all, having an on-site dedicated team can seem beneficial for managing financial operations closely. However, beneath the surface lies a myriad of hidden costs that can significantly impact your bottom line. This blog post explores these hidden costs and examines whether outsourcing accounting functions might be a smarter, more efficient alternative.

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Financial Operations Financial Operations Accounting Accounting 264

Intuit

DECEMBER 9, 2024

Today, Intuit and Amazon announced a multi-year strategic partnership to empower millions of Amazon sellers to manage their finances, stay compliant, access capital, and grow their business. By leveraging Intuits AI-driven expert platform, millions of Amazon sellers will be able to discover and access Intuits platform seamlessly, benefiting from powerful financial insights like profitability, cash flow, and estimated tax liabilities to fuel their growth.

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QuickBooks Tax Payroll Billing 246

Accounting Today

DECEMBER 27, 2024

A federal appeals court has reversed itself, reinstating an injunction on beneficial ownership information reporting by businesses only days after lifting it.

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Accounting Accounting 64

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

FinOps Foundation

DECEMBER 12, 2024

Key Insight: Dozens of breakout sessions and interactive chalk talks at FinOps X give Practitioners insights from their peers to help solve real challenges that exist in their organizations today. Breakout session recordings are available on our website and YouTube channel for you to watch and learn from. Breakout Sessions illuminate key FinOps Topics Away from the bright lights of the big stage, dozens of more intimate sessions also happen at FinOps X in the form of breakout sessions and intera

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FinOps FinOps Financial Services Budgeting 130

Xero

DECEMBER 9, 2024

Welcome to our monthly roundup of what’s new in Xero. This month, we’ve introduced updates designed to help you to get paid faster, streamline tax rules and regulations compliance, and manage your sales tax with ease. With enhancements from the ability to send invoices via SMS to improvements in Xero Tax and sales tax reporting, we continue to make Xero even better.

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XERO Invoicing Bookkeeping Tax 244

Billing Platform

DECEMBER 9, 2024

In contrast to traditional sales models that consist of one-off purchases, recurring revenue delivers a predictable and stable revenue stream. Occurring at regular intervals, recurring revenue provides companies with revenue on a monthly basis (MRR) , annual basis (ARR) , and/or other predetermined time frames. Want to dig a bit deeper? Read on to gain a better understanding of recurring revenue , the importance of this revenue model, its benefits, what it takes to maximize recurring revenue suc

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Billing Collections Customer Service Auditing 95

Accounting Department

DECEMBER 16, 2024

When you have a small or mid-size business, one of the issues you can run into is not having all the departments a larger company would have. In other words, you might not have dedicated employees for HR, accounting, and other areas. Fortunately, there are ways to outsource a number of services, including client accounting services. This helps keep your company growing and succeeding, without the need to bring on more employees or overwork yourself to get everything done.

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Accounting Accounting 264

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

Financial Reporting

Intuit

DECEMBER 23, 2024

6 best budgeting apps for managing your money Theres no limit to what the smartphone in your pocket can do. Sure, its a great source of news and entertainment, but it can be a tool to help you get ahead. And, if your finances are an area youre looking to improve, theres no shortage of budgeting apps to help get you on track. However, the challenge becomes wading through the sea of options and choosing the one that works for you.

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Budgeting Billing Financial Accounting Accounting 130

Accounting Today

DECEMBER 31, 2024

Experts expect 'scattershot, unhelpful reporting' of crypto assets and transactions for the first few years with the 1099-DA.

Tax 317

Tax 317

FinOps Foundation

DECEMBER 6, 2024

Interview with Srivatsan Kidambi, VP of Engineering at Microsoft. Interview with Cyril Belikoff, VP of Microsoft Azure & Industry Clouds. Key Insight: Microsoft integrates GenAI into FinOps tooling to help all stakeholders get insights from cost and usage data. Microsoft is also focused on sustainability initiatives to bring carbon and cost data together.

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FinOps FinOps 130

Xero

DECEMBER 4, 2024

We’re excited to share some new apps in the Xero App Store : Caseware and Wagepoint. These apps bring key capabilities into the Xero platform, to simplify your year-end workflows, payroll and compliance. It’s all part of our work to make life better for people in small business and their advisors across Canada. Complete year-end compliance work faster with Caseware Caseware is a Canadian-born, global provider of audit, financial reporting and data analytics solutions for accountants and bookkeep

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XERO General Ledger Bank Reconciliation Data Entry 231

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

Financial Statements

Ascend Software blog

DECEMBER 20, 2024

OCR Technology: A Great Start for AP Efficiency As businesses look to modernize their accounts payable (AP) operations, Optical Character Recognition (OCR) has become an important tool for streamlining invoice processing. Solutions like Workdays Supplier Invoice Automation (SIA) leverage OCR to extract invoice data, reduce manual data entry, and speed up workflowsan excellent first step for many organizations.

Accounts Payable 100

Accounts Payable Accounts Payable AP Data Entry 100

Accounting Department

DECEMBER 11, 2024

In the dynamic world of entrepreneurship and business management, every decision you make can significantly impact your business's trajectory. Whether it's choosing between investing in new technology or expanding your product line, the choices are endless and often complex.

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Accounting Accounting 263

Intuit

DECEMBER 10, 2024

Across Canada, women continue to face significant hurdles in achieving financial literacyand these challenges can have lifelong repercussions. Our recent Intuit Financial Literacy Survey revealed that more than half (55 per cent) of women feel uncertain about where to begin their financial journey, compared to just 49 per cent of men. This lack of confidence often translates into struggles with saving for retirement, reducing debt, and managing everyday expenses.

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CPA QuickBooks Collections Budgeting 130

Accounting Today

DECEMBER 30, 2024

In this final part of our annual AI Thought Leaders Survey, our experts share what they think of the technological singularity.

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Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

Budgeting

Fit Small Business

DECEMBER 4, 2024

A basis point, which is also commonly known as “bps” or “bips,” is a unit of measurement that represents a percentage change of value or rates within various financing instruments. It is a term commonly used throughout the finance industry and can have varying impacts based on the financing type it’s associated with. How Basis. The post What Is a Basis Point?

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Xero

DECEMBER 17, 2024

Itd be one thing if payroll year-end meant a single last pay run. But this busy period involves meeting multiple deadlines and submission dates, all while following HMRC rules. Whether youre a seasoned payroll manager or doing it for the first time, payroll year-end can be tricky. Heres a step-by-step guide to the process. What is HMRC payroll year-end?

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Payroll XERO Tax 240

Bookkeeping Express

DECEMBER 30, 2024

In a shocking turn of events, Bench Accounting, once a prominent player in the bookkeeping space, has ceased operations, leaving many small business clients scrambling to figure out what to do next. While the exact reasons for Benchs closure are still unfolding, early indicators suggest financial instability may have played a significant role. For thousands of small businesses who relied on Bench, this news is more than a headlineits a major disruption.

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General Ledger Bookkeeping Accounting Accounting 64

Accounting Department

DECEMBER 3, 2024

Join AccountingDepartment.com in supporting the research, funding and treatment for rare diseases and Alternating Hemiplegia of Childhood.

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Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

AP