Sat.Nov 19, 2022 - Fri.Nov 25, 2022

article thumbnail

Baker Tilly reaches Xero Platinum Partner status in Canada

Xero

We’re incredibly excited to share that Baker Tilly Canada has achieved Xero’s Platinum Partner status, which demonstrates the audit, tax and advisory network is helping to lead the way with the future of cloud accounting in Canada. After this new partnership milestone was signed, we were thrilled to attend Baker Tilly Canada’s annual partners conference in Vancouver, where we shared the news and celebrated with attendees.

XERO 215
article thumbnail

Happy Thanksgiving From AccountingDepartment.com!

Accounting Department

This year we're especially thankful for our clients and our team - it is their collective energy, positivity, and dedication to success that has made this such a great year.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What the IRS's $80 billion in funding means for your tax return

Accounting Today

Tax 305
article thumbnail

Cloud Costs From A Cloud Product Manager’s Perspective

CloudZero

As a cloud product manager, much of our jobs center around creating KPIs (or OKRs, if you prefer) such as sales revenue, freemium conversions, or customer stickiness, and encouraging development teams to hit product performance goals.

98
article thumbnail

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.

article thumbnail

How promoting the role of accountants and bookkeepers can drive small business growth

Xero

In the House of Lords last week, I watched as we launched our manifesto to support small business recovery. Surrounded by our amazing accounting and bookkeeping partners and small business customers, I understood the magnitude of what we are fighting for. . It was great to be able to connect many with their local MPs and take their issues directly to them during the event.

article thumbnail

Free Yourself From Business Accounting by Outsourcing

Accounting Department

As the holidays approach, no business owner wants to be bogged down with accounting tasks, budgeting next year, or trying to prepare to close the books for 2022. Owning a business has many upsides to it, but one of the drawbacks for many is trying to keep track of the business's finances.

More Trending

article thumbnail

Building An Offshore Team in the Philippines: From 0 to 15 Staff in 4 Years

Earmark Accounting Podcast

Many thanks to our sponsor, LiveFlow! To learn more about LiveFlow, visit [link] Sign up to get free CPE for listening to this podcast [link] Download the Earmark CPE App Apple: [link] Android: [link] Connect with Our Guest, Argel Sabillo, CPA LinkedIn: [link] Learn more about DTLA CPA Website: [link] Visit heyApril: [link] Connect with Blake Oliver, CPA LinkedIn: [link] Twitter: [link] Argel Sabillo, CPA, left Deloitte to start his own accounting and tax firm, hiring offshore staff from the s

CPA 52
article thumbnail

That’s a wrap for Xero Roadshow Singapore!

Xero

It was an absolute privilege to speak at my very first Xero Singapore Roadshow last week – our first major in-person event in nearly three years. What an incredible day it was, meeting the more than 750 accountants and bookkeepers who showed up to engage with the community, share their knowledge and expertise. An extra special thank you to all those who travelled from Hong Kong, Malaysia, the Philippines, Indonesia and elsewhere in the region to attend. .

XERO 198
article thumbnail

Use QuickBooks Online Effectively: 7 Best Practices

Reconciled Solutions

Here are seven ways you can be safe, compliant, and productive when you’re using QuickBooks Online. “Best practices” is a phrase that human resources professionals. The post Use QuickBooks Online Effectively: 7 Best Practices appeared first on Reconciled Solutions.

article thumbnail

IRS warns about 1099-K compliance

Accounting Today

Tax 265
article thumbnail

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.

article thumbnail

Top 11 Questions to Ask in an Accounting Interview

Analytix Finance & Accounting

Growing your team with the right people is crucial because of the effort and value they add to project and client management. The success of your business relies on good employees, including (and especially) accountants. Treating employees with the utmost respect and giving them the best workplace would allow them to improve their productivity. In addition to helping your employees, create a healthy workplace and offer them flexibilities to retain your best talents longer.

article thumbnail

App Partner Stories: Supporting a (robotic) bird’s eye view of analytics (literally)

Xero

Xero app partner Projectworks has been working closely with Aerium Analytics , a Calgary-based technology company that uses data automation and analytics to provide geospatial intelligence, inspection, and wildlife management services using aerial drones. . Aerium is focused on three main products: Foreign Object Debris Detection (FOD). Runway Marking Analysis.

XERO 191
article thumbnail

The Ultimate RDS Instance Types Guide: What You Need To Know

CloudZero

Amazon’s Relational Database Service (Amazon RDS) offers a variety of database instances, which can be confusing at first. In this guide, we'll clarify what each RDS instance class, family, type, and size means in under 15 minutes.

52
article thumbnail

IRS posts info on required amendments for 403(b) plans

Accounting Today

Tax 264
article thumbnail

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.

article thumbnail

Paying Taxes as a Digital Nomad

Less Accounting

One of the most alluring things about freelancing and self-employment is the flexibility to work from wherever you want. Globally, there are nearly 35 million digital nomads with 15.5 million of them coming from the U.S. For those from the U.S., tax season may come with unique challenges depending on what state you have residence in, which countries you’ve stayed in, and how long you’ve been there.

Tax 52
article thumbnail

How UK sole traders can ease their financial admin burden with Xero Go

Xero

In my role as GM of Xero Go, I speak with sole traders, accountants and bookkeepers and have learned so much about the ups and downs of running a business solo. I’m always so inspired by anyone who takes the brave step to start their own business. I love the passion and determination they so often display and know how challenging it can be, particularly over a sustained period. .

XERO 175
article thumbnail

SuiteWorld #5: Meltdown Free Manufacturing and Distribution

Cloud Accounting Podcast

Meet Our Guest, Connor Wray LinkedIn: [link] Learn more about JonnyPops Website: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Get in Touch Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes , or Podchaser.

article thumbnail

Year-end tax planning must-dos for clients

Accounting Today

Tax 265
article thumbnail

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.

article thumbnail

Accounting Isn’t a Stand-Alone Activity

SMB Accounting and Consulting

When clients start with us, they often question the amount of information that we request. “My old bookkeeper didn’t ask for all this” is a statement we hear often. Managers want to hand off their accounting and let it happen in its own vacuum. Unfortunately, this isn’t quite how accounting functions. The accountant or bookkeeper can’t effectively do their job and the manager has inaccurate financial data to make business decisions, provide to potential investors, or financial institutions for l

article thumbnail

5 Proven Ways to Improve Business Cash Flow

Plooto

Many problems for small businesses and startup owners relate to cash flow. In fact, 82% of small businesses fail due to cash flow problems.

article thumbnail

An accountant learns the truth about game theory

Accounting Fun

There was an expert accountant who was well versed in game theory. He heard that his intelligent niece, who was five years old, always took a 50p piece, when a choice between a 50p piece and a pound coin was offered to her. He went to see his niece and offered her just such a choice. She took the 50p and said "Thank you Uncle". The accountant tried to explain to his niece "You must understand, a pound coin is twice as valuable as a 50p piece, so you should always choose the pound coin.

article thumbnail

KPMG Australia appoints first-ever head of metaverse future 

Accounting Today

256
256
article thumbnail

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!

article thumbnail

A Ponzi For The People

Cloud Accounting Podcast

Sponsors Relay - [link] Liscio - [link] Canopy - [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Register to attend the Cloud Accounting Podcast Party during QuickBooks Connect 2022 in Las Vegas: [link] Show Notes Register to attend the Cloud Accounting Podcast Party during QuickBooks Connect 2022 in Las Vegas: [link] 9:16 – FTX’s Balance Sheet Was Bad [link] 13:00 – Twitter: How bad were FTX’s internal controls

article thumbnail

Case Study: Ricky Duquette, Rickyel Solution de Gestion

Dext

Specialist in the implementation of accounting and bookkeeping software, Rickyel Solution de Gestion needed to eliminate time-consuming manual data entry and open up capacity to help more clients. Co-founder Ricky Duquette found a way to save up to four hours per client and increase revenue by 10%.

article thumbnail

Black Friday Sales Will Reveal State of US Economy

NACM

A big question about this year's Black Friday remains: will sales surpass last year as consumers search for deals or will sales plummet amid red hot inflation? "Industry groups are predicting another record year of retail sales, with the National Retail Federation forecasting a jump of 6% to 8% over the $890 billion consumers spent online and in st.

5
article thumbnail

Tax Fraud Blotter: Fallen stars

Accounting Today

Tax 256
article thumbnail

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!

article thumbnail

Using the right tools for your cloud cost forecasting

AWS FinOps

We’re at the final blog of our forecasting series! If you’ve been following along the past few weeks, you have explored creating a process for more effective forecasting , establishing a forecasting culture , and building driver-based forecasting. It is now time to put pen to paper and create your forecast. But where do you start? How do you know how much your workload will cost in the future?

FinOps 52
article thumbnail

Product Update: Spenmo's New Accounting Page

Spenmo

As an accountant in practice or as part of an internal finance team, you need to be able to close books quickly, maintain compliance obligations, and routinely gather insights to improve business performance. This latest upgrade to Spenmo's accounting page will help you to more accurately account for company expenses from bills, employee reimbursements, and corporate card charges, enabling you to close your books and generate financial reports in no time.

XERO 52
article thumbnail

A National Rail is Strike Closer than Ever

NACM

?The largest rail union, SMART-TD, voted against a tentative agreement on Monday, once again raising the likelihood of a nationwide rail strike. The Brotherhood of Maintenance of Way Employes (BMWED) is set to strike on Dec. 5, but said it would extend the cooling-off period if larger unions voted not to ratify the deal, according to CNBC.Sick time.

5
article thumbnail

Deducting gifts to charities requires strict compliance

Accounting Today

Tax 256
article thumbnail

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.