Sat.Jan 14, 2023 - Fri.Jan 20, 2023

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Accounts Receivable Reports That Get You Paid Faster

Accounting Department

As a business owner, getting paid in full and on time is crucial for a healthy cash flow. However, late payments and bad debts are a constant threat looming over an accounts receivables (AR) team. Accounts receivable reports are a key tool for businesses to manage their AR balances, forecast cash inflow, and stay on top of overdue payments.

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Why we’re proud to be one of Canada’s great places to work

Xero

At Xero, we take pride not just in the work that we do every day to help accountants, bookkeepers and small businesses around the world, but also in how we try to create a workplace culture where our people love coming to work each day. This is why we’re incredibly proud to now be certified as a Great Place to Work here in Canada. The Great Place to Work Institute Canada is a research and management consultancy firm, founded in the U.S. with International Affiliate offices throughout the world.

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Cloud Cost Optimization 2.0

ProsperOps

EBOOK Cloud Cost Optimization 2.0 Despite consistent and heavy growth in cloud investments, only 15% of companies surveyed in the 2022 State of FinOps report believe their FinOps program is mature or well-optimized. About the eBook Most organizations are vulnerable to the cycle of cloud costs, in which teams repeatedly address short-term optimizations to achieve mediocre savings outcomes.

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The Struggle to Hire an Accounts Payable Clerk

Fidesic blog

A Microsoft Dynamics GP customer recently came to Fidesic because they were facing an increasingly common problem--they were struggling to hire an accounts payable clerk. The fact is that the industry is currently in a talent shortage as ‘accounting clerk’ has been a difficult position to fill in recent years.

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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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5 Tips For Growing Businesses in 2023

Accounting Department

Smart financial planning is something that sets successful growing businesses apart from others. Whether a business is new or growing in size , these 5 tips can be used by business owners to smarten up their business finances and prepare themselves for a successful future.

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How to Manage Accounts for Logistics Business Today

Insightful Accountant

Everyone wants to streamline their logistics. To help out, PACK & SEND's Nicholas Woodward shares the seven best accounting practices for managing your accounts effectively.

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How to use Credit Cards for Accounts Receivables

Plooto

Thank you for choosing Plooto for your AP/AR automation needs. Plooto’s payment processing features have helped many businesses like yours streamline their credit card processing , cut costs, and save time.

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How To Reduce Strife Between Engineers And Finance

CloudZero

The conflict between engineers and finance is notorious. Finance thinks engineers just want to build cool products regardless of the cost. Likewise, engineers often feel their every move gets monitored by hawkish finance employees who seem to only care about costs.

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Top 100 Nomination Form Clarification and Deadline Reminder

Insightful Accountant

The deadline for Top 100 nominations is just under a month away, so now is a good time to head over to the nomination form. Speaking of our new form, we wanted to clarify a couple of questions we've been asked.

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6 Accounts Payable Automation Trends To Watch in 2023

MineralTree

We’ve officially entered the new year which means strategy planning is at the top of every leader’s mind. Inflation and rising interest rates have most firms worried about their cash flow, and thus, finance departments are doing all they can to reduce overhead and organizational inefficiencies in 2023. Why AP Automation is Key to a Strong Year Most finance predictions for 2023 focus on business process improvements and cost savings, as opposed to ground-breaking new innovations.

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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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Understanding and Managing Your Business-to-Business Receivables

Enterprise Recovery

As a business owner, it's important to stay on top of your accounts receivable, especially when it comes to business-to-business (B2B) transactions. Accounts receivable refers to the money that your clients owe your company for goods or services that have been provided but not yet paid for. B2B accounts receivable management can be a bit more complex than consumer (B2C) accounts receivable, so it's important to understand how to manage your accounts effectively.

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Unwinding Medicaid Continuous Coverage: Understanding the Importance of a Solid Eligibility Verification Strategy and PBE

SSI Healthcare Rev Cycle Solutions

Unwinding Medicaid Continuous Coverage: Understanding the Importance of a Solid Eligibility Verification Strategy and PBE. January 17, 2023. What is Medicaid Unwinding (also called Unwinding Medicaid Continuous Coverage)? The Medicaid continuous coverage requirement is a policy that was put in place during the COVID-19 pandemic to ensure that individuals remain eligible for Medicaid coverage even if they experience changes in income or family size that would typically make them ineligible.

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January Brings Banking Enhancements to QuickBooks

Insightful Accountant

With the New Year comes change, and that means enhancements to QuickBooks. January is bringing banking enhancements with it for QBO and QBO-Accountant users.

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The Secret Sauce to Building a Cash Flow Positive SaaS Startup

Sage Intacct

Becoming (and remaining) cash flow positive is no trivial task, especially for SaaS startups in a flagging market like we’re seeing now. To stay afloat – let alone see strong revenue –finance and RevOps teams must be streamlined, effective, and incredibly efficient in their workflows.

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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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ACRA vs IRAS: What Is the Difference Between Them?

Counto

ACRA vs IRAS: What Is the Difference Between Them? Singapore has gained a reputation as a premier destination for business due to its strong economy and generous tax incentives. For this reason, it is often referred to as a haven for business owners and investors. Hence, it comes as no surprise that more and more people are considering starting a physical or online business in Singapore.

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5 Reasons Why You Should Upskill Your Tax Team

Analytix Finance & Accounting

Tax duties are unique and essential for businesses to carry out to ensure they are legally compliant. Accounting and bookkeeping must always be performed properly and reliably to ensure accuracy during tax time. Professional accounting and tax services can help businesses ensure they remain compliant while helping them optimize their payment obligations, but do all businesses need these services?

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Top 100 ProAdvisors: Meet Ability Business' Lisa Burnett

Insightful Accountant

In our continuing spotlight of last year's Top 100 ProAdvisors, Lisa Burnett talks verticals, mission statements and where the road ahead may lead.

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David Got Fired By His Tax Preparer

Cloud Accounting Podcast

Sponsors Zoho - [link] LiveFlow - [link] Anchor - [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] (00:00) - Thank you to our sponsor, Zoho (00:27) - Preview: We need to make accountants aware of accounting career paths with real work life balance (01:11) - Introduction and quick overview of Blake's week and FAA meltdown (11:22) - What logic did the firm give David for letting him go?

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

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ACRA vs IRAS: What Is the Difference Between Them?

Counto

ACRA vs IRAS: What Is the Difference Between Them? Singapore has gained a reputation as a premier destination for business due to its strong economy and generous tax incentives. For this reason, it is often referred to as a haven for business owners and investors. Hence, it comes as no surprise that more and more people are considering starting a physical or online business in Singapore.

Tax 52
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Virtual CFO vs. In-House CFO: A Guide for Your Business

Analytix Finance & Accounting

A chief financial officer (CFO) is a top-level executive who, as a financial controller, handles everything related to cash flow and financial planning. A CFO is often the highest financial officer in an organization and plays a vital role in the company’s strategic initiatives. The CFO is also in charge of taxation issues. The CFO of a company plays a significant role in the business’s sustainability and success.

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HR Trends and Opportunities in 2023

Insightful Accountant

Get the latest in HR trends and challenges for the new year and get a jump on preparing for the road ahead. Sign up for the ADP seminar here.

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Kubecost Vs. OpenCost: What’s The Difference? (Updated 2023)

CloudZero

Kubernetes (K8s) adoption has exploded over the past few years. But it hasn't been easy to monitor, manage, and optimize K8s costs. To provide greater cost visibility into Kubernetes clusters and environments, Kubecost launched in 2019 while OpenCost debuted in 2022.

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Your New & Improved Month-End Close Process Is Not So Far Out of Reach!

All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!

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How to cope with the high volume of tax returns effectively in 2023?

CapActix

As the era of paper-filed tax returns is coming to an end, taxpayers and tax professionals have started filing taxes electronically more now than ever. As estimated by the IRS, 92% of the 2022 returns have been e-filed. The total number of taxes filed for the year 2021 is 164,246,000. For Tax Season 23, we can expect more than that. Challenges of the Tax Season You can never be prepared enough for the Tax Season, considering the challenges and surprises it brings along.

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What community means to entrepreneurs

Reconciled Solutions

We recently asked several people in our Reconciled Solutions community what community means to them. Read their thoughts. The post What community means to entrepreneurs appeared first on Reconciled Solutions.

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QB Desktop Weekly: Reclassify Transactions

Insightful Accountant

Our new QB Desktop Weekly series opens with a series about the time saving tools in QuickBooks Desktop Accountant.

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Why Law Firms Are Outsourcing Their Finance and Accounting Requirements?

Outsourced Bookeeping

Law firms are increasingly outsourcing their finance & accounting tasks to specialized companies as a way to save time and money while improving efficiency. Outsourcing allows law firms to focus on their core competencies, such as providing legal services to clients, while leaving the financial and accounting tasks to experienced professionals. By outsourcing these tasks, law firms can access a wider range of expertise and resources than they would have access to in-house.

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Putting the ‘Tech’ in Spend Management Techniques

Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker

If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!

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5 Ways to Use Travel and Expense Data Strategically

NextProcess

How do you use the data you’re collecting about travel and expense (T&E) in your company? Just about every company needs a way of managing reimbursements for travel and other expenses. This process generates data related to T&E, but companies aren’t always putting that data to good use. Depending on your T&E management system, you might not even have a good way to access that data.

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6 Tips to Eliminate Client Emails From Your Inbox

Future Firm

Are you overwhelmed by the hundreds of client emails you get every day? In this episode, I’ll give you 6 tips for taking back control of your inbox to keep “overwhelm” at bay. Listen Below. 0:31 – How the heck do I stop the never-ending barrage of emails coming from my clients? 1:23 – This firm owner has drastically eliminated the vast majority of his client emails. 1:39 – The solution to eliminating these emails really comes down to a combination of having th

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George Clooney to Headline Expensicon 2023

Insightful Accountant

The event welcomes the award-winning actor, businessman and philanthropist to kick off the festivities at Borgo Egnazia in Puglia, Italy.

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Introducing the Federal Tax Updates Podcast

Blake Oliver

I couldn’t be more proud to help bring this new podcast to life. Tune in on your favorite podcast app or on FederalTaxUpdates.com for biweekly updates from Padgett President Roger Harris and Franchisee Operations Manager Annie Schwab, who have over 75 years of tax experience between them. Plus, get CPE credit for listening! Download the free Earmark CPE app to earn NASBA-approved CPE and IRS-approved CE credits.

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Global Accounting Principles and Commission Capitalization

Speaker: Ryan Dillard, Chief of Staff Director at CBIZ ARC Consulting LLC; Kelly Hicks, Global Controller at Airbase

ASC 606 is the revenue recognition standard that sets global accounting principles for all private or public companies that enter sales agreements or contracts with customers. Along with ASC 606, ASC 340-40 was added to address accounting costs to obtain a contact and costs to fulfill a contract. Join us for this webinar when Airbase Controller Kelly Hicks and Ryan Dillard, a Director at CBIZ ARC Consulting explore how to approach capitalizing sales commissions under ASC 340-40.