Sat.Jun 01, 2024 - Fri.Jun 07, 2024

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Many nonprofits missed filing deadline

Accounting Today

Between inflation and reduced contributions, charities and not-for-profits are being squeezed, and even though millions of them are tax-exempt, a lot of them need extra help and time to file their Form 990 with the IRS.

Tax 306
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Changes to Xero’s plans in Aotearoa New Zealand

Xero

We want to make sure the needs of small businesses and their advisors are met well into the future, and that means providing you with easier access to tools that help you run your business efficiently. So we’re refreshing our subscription plans for small businesses and partners with new plans which will be available from 12 September 2024. We’ve put a lot of consideration into creating simplified plans with bundled tools and features, to help solve your most important accounting and people manag

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professionals

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Why Businesses Should Turn to FP&A for the Second Half of 2024

Accounting Department

In today's tumultuous economic climate, the importance of sound financial strategy cannot be overstated—especially for small and medium-sized businesses that might not have the buffer of large corporations. Financial Planning & Analysis (FP&A) isn't just a set of buzzwords; it's a compass for navigating the murky waters of modern economics. As we approach the second half of 2024, now is the time for businesses to fortify their financial plans.

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What are the KPIs in Accounts Payable for Health and How to Improve Them

Fidesic blog

Healthcare accounting is often complex. Healthcare accounting is often managed by health support organizations or management offices that handle tons of vendors across geographies. This can create pretty complex back-office processes. This includes super complex invoice processing requirements.

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If It Aint Broke, Don’t Fix It: A Dangerous Mindset

Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

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IRS tries to use AI to close tax gap

Accounting Today

The Internal Revenue Service is turning to artificial intelligence to help select tax returns to audit and narrow the tax gap, but it needs to use this new technology consistently and transparently, according to a new government report.

Tax 330
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Introducing our 2024 Xerocon London event partners

Xero

Xerocon London is just under a week away on 12 and 13 June, and the ExCeL exhibitor floor will be full to the brim with stands showcasing some of the best and most loved apps, tools and services for accountants, bookkeepers and small businesses. This year, you can expect to see just under 60 exhibitors at the event, including many leading Xero App Store app partners.

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5 Minutes to Set Up - Invoice Data Capture for Business Central

Fidesic blog

Get started in minutes with invoice data capture. Fidesic MagiCapture for Business Central is easy to install. Still entering invoice data manually? A better process is only 5 minutes away.

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IRS backlog grows from tax adjustments

Accounting Today

While the Internal Revenue Service has managed to reduce its backlog of unprocessed tax returns since the pandemic, one area where it's losing ground is in processing all the documentation for tax adjustments.

Tax 321
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How we’re bolstering Xero Payroll in NZ with new value

Xero

Xero Payroll is already a valuable tool, helping you manage your payroll and accounting, all in one place. Not to mention features like automatic reporting directly to IR, and automated tax and KiwiSaver calculations, that can help you save a stack of time. But recently, we’ve been listening to your feedback about Xero Payroll and have made some additional investments to help you and your clients become more efficient, and give you more control and flexibility.

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Top 4 AP Automation misconceptions — and what you need to know

Ascend Software blog

Change doesn’t come easy, and this can be particularly true for Accounts Payable teams that are considering an a new software solution. After building our business around Accounts Payable Automation since 1997, we’ve heard from many customers and prospects alike who are understandably apprehensive about expanding their existing tech stack outside of Workday.

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Business Travel Expense Strategies for Everybody

Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

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FinOps and Sustainability Teams Collaborate to Optimize Carbon

FinOps Foundation

Key Insight: Carbon optimization is a growing concern for organizations, and Environmental, Social, and Governance (ESG) teams can leverage the culture of collaboration and waste reduction that FinOps teams have cultivated. Cloud Service Providers are delivering more granular carbon emissions data and tooling that FinOps practitioners can use for reporting and optimization within a cloud, and FinOps vendors are beginning to offer sustainability features to optimize carbon across clouds.

FinOps 130
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ID theft victims waiting longer to receive tax refunds

Accounting Today

The amount of time that identity theft victims have to wait for tax refunds has increased as the Internal Revenue Service has shifted priorities, with some victims waiting nearly two years.

Tax 312
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Jun 1, Chart of Accounts | Your Blueprint

Bookkeeping Essentials

Your chart of accounts is the blueprint of your accounting system around which everything is built. If your COA is poorly designed, the quality of your information is affected.

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Intuit to offer Account Management program for QuickBooks customers

Insightful Accountant

Intuit has selected customers who display complexity for this new program and you need to be aware of this offering because some of those customers may also be your clients.

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4 Things Great Companies Do to Improve Cash Flow

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

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FinOps and Carbon Optimization: Two Sides of the Same Coin

FinOps Foundation

Key Insight: Carbon optimization is a growing concern for organizations, and Environmental, Social, and Governance (ESG) teams can leverage the culture of collaboration and waste reduction that FinOps teams have cultivated. Cloud Service Providers are delivering more granular carbon emissions data and tooling that FinOps practitioners can use for reporting and optimization within a cloud, and FinOps vendors are beginning to offer sustainability features to optimize carbon across clouds.

FinOps 130
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The 20 most charitable states in America

Accounting Today

Where are residents the most giving? Check out this ranking, which tracks the states with the most charitable donations, as well as volunteering and service.

Tax 329
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Jun 1, Canadian Bookkeeping Tips- Small Business Accounting Basics

Bookkeeping Essentials

Over 30 basic home business accounting and bookkeeping tips along with information on managing your accounting system. Bookkeeping Essentials is a free resource for your book keeping questions.

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Tips for Bookkeeper To Handling a Ghosting Client

LedgerDocs

If you work with clients, you know that communication is key. But what happens when your clients become unresponsive or “ghosts” us. This is a frustrating, stressful, yet familiar circumstance that we have all faced at one point or another. But we can’t just ignore them back especially when you’re waiting on essential information or approvals.

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The Financial Leaders Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

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FinOps and ESG Teams Collaborate to Optimize Carbon

FinOps Foundation

Key Insight: Carbon optimization is a growing concern for organizations, and Environmental, Social, and Governance (ESG) teams can leverage the culture of collaboration and waste reduction that FinOps teams have cultivated. Cloud Service Providers are delivering more granular carbon emissions data and tooling that FinOps practitioners can use for reporting and optimization within a cloud, and FinOps vendors are beginning to offer sustainability features to optimize carbon across clouds.

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2 methods to avoid capital gains in a home sale

Accounting Today

The Section 121 exclusion and the step-up in basis are well known to financial advisors and tax professionals, but their clients will need to plan carefully to net the biggest potential savings.

Tax 306
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Jun 1, Evaluate Your Book Keeping System

Bookkeeping Essentials

Whether you are just starting out or have been in business awhile, how do you know if your book keeping system is the right one for your business? It’s best to keep it as simple as possible for.

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QuickBooks Hosts Accountants for Ecosystem Care Jam

Insightful Accountant

QuickBooks recently hosted an Ecosystem Care Jam for accountants involving more than 300 QuickBooks employees from around the world.

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Grow Big, Pay Smart: How To Unlock Efficiency In Payroll Management

Speaker: Joe Sharpe and James Carlson

Running a small business is no small feat. Payroll management, in particular, can be one of the most time-consuming and complex parts of that equation. Yet, businesses that crack the code on streamlining these processes often discover not just savings, but new avenues for growth. Our expert speakers will share actionable insights and real-world examples of how businesses have reduced overhead and improved payroll efficiency.

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Super-variable costing definition

Accounting Tools

What is Super-Variable Costing? Super-variable costing only considers totally variable costs to be part of the cost of inventory. All other costs are charged to expense in the period incurred. This typically means that only direct materials are included in the cost of inventory. The result of this approach is that nearly all costs of production are charged to expense at once, resulting in lower reported profits in the short term.

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IESBA to focus on sustainability, culture, governance in 2024

Accounting Today

The report highlights the International Ethics Standards Board for Accountants' yearly accomplishments and outlines future plans, like focusing on sustainability.

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Jun 7, Payroll Tax Deposits | 7 Steps To Meet Your Requirements

Bookkeeping Essentials

This chat discusses IRS payroll tax deposits. and withholding requirements. To help you meet your compliance obligations, you'll also find current tax remitting and filing due dates too!

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Nancy McClelland's Biggest Takeaways of Scaling New Heights 2023

Insightful Accountant

Gear up for Scaling New Heights 2024 by taking a look at Nancy's takeaways from last year's Scaling New Heights.

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7 Essential Criteria for Choosing the Right Payments Partner

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

In this webinar, Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms, will dive into the 7 must-have criteria for evaluating payments partners, helping you maximize both efficiency and the long-term value of your investment. From assessing technology capabilities to leveraging business development opportunities, this session will give you a clear, actionable strategy to select the right partner for scaling your business.

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International Wire Transfer

Tipalti

Explore both online and offline reliable methods for making international wire transfers. These methods are ideal for businesses and individuals with consistent international payment needs.

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Auditors prioritizing tech for fieldwork phase

Accounting Today

A recent survey from Thomson Reuters said auditors find new technology that assists during the execution/fieldwork phase of an engagement to be most useful.

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Jun 1, Small Business Accounting | Bookkeeping Basics

Bookkeeping Essentials

Small business accounting is accomplished by performing basic bookkeeping procedures consistently. Find examples of how to record basic journal entries and learn basic bookkeeping practices.

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AWS CloudFormation: 5 Tips to Optimize Your Cloud Setup

Economize

Introduction to AWS CloudFormation AWS CloudFormation stands out as a powerful tool designed to simplify the process of provisioning and managing a collection of AWS resources. This powerful service enables you to model and set up your entire cloud environment in a consistent manner, ensuring that your deployments are both reliable and scalable.

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2024 Annual Trends Survey: Expense Management Insights

Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.