July, 2018

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The Know-How of Choosing the Right Professional Tax Preparation Services

Billah and Associates

Why Hire Professional Tax Preparation Services? Small business owners and even Individuals often face various tax-related issues during tax preparation. It may be related to incorrect tax filing, improper generation of the income statement, crossing tax filing deadlines, etc. Sometimes there are poor record-keeping and underpayment or over payment of taxes which can pose a serious threat to your business.

Tax 52
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Building a Business Case for AP Automation with NetSuite

AvidXchange

AP automation is no longer the latest trend for finance departments—it’s the norm. Over the past few years, automated solutions have proven to be an easier and more efficient way to manage B2B payables, but selling the idea of payment automation and eInvoicing to the movers and shakers in the company isn’t as simple. According to a recent PayStream Advisors report, most businesses shy away from automated AP solutions for a few reasons.

AP 52
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Stop the Clock, Start Adding Value

Dext

For years, time-based billing has been the norm in accounting and bookkeeping practices. But the rise of time-saving automation technology is changing everything. New tools such as Receipt Bank dramatically reduce the time required for manual bookkeeping tasks.

Billing 40
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All the ways the cloud can fail you: NetSuite goes down, why you need multifactor authentication, ComplyRight breached, and YouTube bans Hector Garcia

Cloud Accounting Podcast

Stories in this episode: NetSuite Outage Idles Finance Departments — CFO Google: Security Keys Neutralized Employee Phishing — Krebs on Security Human Resources Firm ComplyRight Breached — Krebs on Security Subscribe: Listen on iTunes Listen on Google Play Blake shares his thoughts on the first year of the Accounting & Finance Show LA under new management, then David & Blake discuss the latest accounting news, including: NetSuite's outage this week that prevented many businesses from ac

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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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The Boomer Guide to

Dext

Did you know that Client Accounting Services has experience double-digit percentage growth in CPA firms? That’s the latest stat from AIPCA’s most recent MAP survey, showing that building a great client accounting services department is going to become more and more important in the future of your firm.

CPA 40
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Triple Capacity, No Extra Staff

Dext

When you’re running a practice on your own, time is always at a premium. That’s what Murat Kurt found when he was trying to grow his practice Accountancy Assist, based in London. In March 2017, Murat Kurt had 50 clients, operating on his own. In April, he became a Receipt Bank Partner.

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The New Accounting KPIs

Dext

The advent of cloud accounting has resulted in the disruption of a number of manual processes that were traditionally performed by accountants and bookkeepers. This is great news for the industry, as it has enabled the rise of a new set of value-added KPIs.

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Ed Kless on thriving as a business iconoclast, his Libertarian politics, and the lie of timesheets

Cloud Accounting Podcast

Subscribe: Listen on iTunes Listen on Google Play Ed Kless joins the podcast to talk about how he's managed to thrive as a "business iconoclast" in a corporate environment, why he is a Libertarian, why timesheets are a total scam, and how his musical theater background has helped him succeed both on and off stage.

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The 5 Golden Rules of Client Communication

Dext

72% of SMEs leave their regular accountant because of bad client communication. Technology is making it easier than ever to communicate efficiently with clients, so there’s no excuse for keeping clients out of the loop. Make sure you’re planning a client communication strategy to retain clients, increase their value and grow your business.

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Matt Paff on how Xero & Intuit are coming for the mid-market and that the future of accounting technology is platforms

Cloud Accounting Podcast

Stories in this episode: Hey Mid-Market, Xero and Intuit are coming! — Digital First Subscribe: Listen on iTunes Listen on Google Play Matt Paff joins the podcast to discuss what he means by his article "Hey Mid-Market, Xero and Intuit are coming!" on Digital First. We learn about the vary definitions of the term "mid-market" between the United States and Australia, why mid-market vendors need to wake up and start innovating fast, and how Matt's background in mid-market software gives him insig

XERO 40
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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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Intuit sells its data center, Xero selects Gusto for U.S. payroll, & Certify acquires Abacus

Cloud Accounting Podcast

Stories in this episode: What is the cloud? Inside a secret Microsoft site that’s securing your data — Today Accounting software biz Intuit flogging bit barn to throw its lot in with AWS — The Register Bringing full-service payroll to customers in all 50 states — Xero Blog Certify acquires Abacus — Accounting Today Subscribe: Listen on iTunes Listen on Google Play The Today Show asks "What is 'The Cloud?

XERO 40
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The Complete Guide to Electronic Payment Systems

AvidXchange

Over the years, payments have evolved to include more than cash, coins, and checks. Now, consumers and businesses make purchases directly from their bank accounts with bill payment software , trusting digitization to send electronic payments safely and quickly. For most, paying easily without being shortchanged, not having to track purchases, and remitting faster than snail mail makes the electronic choice an easy one.

AP 40
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Midmarket vendors: Watch your back! Also, how labor costs will skyrocket over the next decade, and Bill.com goes global

Cloud Accounting Podcast

Stories in this episode: Hey Mid-Market, Xero and Intuit are coming! - Digital First Labor Costs Will Skyrocket Over the Next Decade - CFO.com Global Business Payment Is Becoming Much Easier - Bill.com Subscribe: Listen on iTunes Listen on Google Play David & Blake discuss Matt Paff's article, "Hey Mid-Market, Xero and Intuit are coming!" a study predicting that highly skilled labor costs will skyrocket over the next decade, and Bill.com's big announcement that it will soon support internat

XERO 40
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How Delays are the Downfall of B2B Payment Processing

AvidXchange

If there’s one thing both businesses and vendors have in common, it’s their dread of late payments and poor B2B payment processing. Over time, late B2B payments paint a blurry picture of budget, spend, and cash flow. Late B2B payments lead to a never-ending game of catch-up, resulting in poor relationships and bad debt that could cost a fortune. To avoid these problems, learn the ins and outs of B2B late payments for both businesses and vendors.

AP 40
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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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The new 1040, California does its own GDPR, and better education for accountants

Cloud Accounting Podcast

Stories in this episode: Here's How The New Postcard-Sized 1040 Differs From Your Current Tax Return The New Tax Form Is Postcard-Size, but More Complicated Than Ever California Unanimously Passes Historic Privacy Bill California Passes Groundbreaking Consumer Data Privacy Law With Fines for Violations Analysis: The California Consumer Privacy Act of 2018 Subscribe: Listen on iTunes Listen on Google Play Donny Shimamoto joins the podcast to chat about the IRS's new "postcard sized" 1040 form, t

CPA 40
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Professional Accounting Firm for Small Business Brampton

Billah and Associates

Reasons to Hire a Professional Accounting Firm for Small Businesses in Brampton More than 95% of businesses in Canada are either small or medium-sized, and these businesses offer employment to more than 70-80% of working people. The outreach and presence of small businesses are now ever-increasing, but it also comes with increasing complexities in managing finances.