Sat.Jan 21, 2023 - Fri.Jan 27, 2023

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Four ways to get your banking data into Xero

Xero

One of your most important accounting jobs — bank reconciliation — relies heavily on getting accurate banking data into Xero. Yet entering bank transactions manually is often time-consuming and error-prone. Regular bank reconciliation not only saves you time, it also gives you a wealth of insights at your fingertips. You can spot cash flow trends, identify areas of opportunity, and better understand your financial situation.

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Step Away From The Books with Outsourced Bookkeeping

Accounting Department

From a business owner's standpoint, the thought of handing off an entire area of your business for someone else to take care of may seem a bit nerve-wracking. But business owners should consider how much time is being used up on a daily, weekly, or yearly basis on an area of the business, like bookkeeping, that can be spent focusing on sales, growth, and future planning.

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Top accounts payable trends for 2023

AP Association

Businesses are facing huge challenges as a result of the troubled economy. Inflation has reached a 41-year high of 11.1% and the Bank of England is warning of a long recession looming. As a result, businesses are increasingly automating their accounts payable process to increase efficiency going into 2023. Surveys have revealed CEOs' main goals are digitisation, growth and efficiency.

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How to Be a Good AP Clerk

Fidesic blog

Are you ready to take 2023 by storm, boost your job performance and get noticed by your bosses? We looked at content from recruiting agencies all over the internet and came up with some tips on how to be a good AP clerk. The 5 skills we found to improve so you can be a better AP clerk include: Communication, Organization, Attention to Detail, Software Skills and Continued Learning.

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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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Xero Roadshow 2023: Every step counts

Xero

This February, we’re pumped to be hitting Australia’s major cities and regional towns for – you guessed it – Xero Roadshow 2023! From Geelong to the Gold Coast and Parramatta to Perth, we’ll be touring 17 locations between 7 to 27 February. Since we last hit the road in March 2022, the world has continued to experience lots of change (like talent shortages, rising inflation and cost of living pressures).

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The Accounting Cycle: Everything You Need to Know

Accounting Department

The accounting cycle is a multi-step process that involves accepting, recording, sorting, and crediting payments made within a business during a period of time. It creates an accurate record of the business's financials that are summarized on its financial statements.

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How to use Plooto Capture

Plooto

In 2022 we introduced a new feature in Plooto called Plooto Capture, located in the Documents tab. Capture was built to help Plooto provide an automated end-to-end cash flow experience to our customers. Holistically, Capture is made to automate the input and creation of the bills that will then be paid through Plooto, with the convenience of having this entire experience live within the Plooto system.

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The small business guide to MTD for VAT penalties

Xero

This blog was first published in April 2022 and updated in January 2023. If you’re a VAT-registered business , you may have received a letter or email from HMRC, informing you that the new penalty system for Making Tax Digital (MTD) for VAT is now in place. Arriving at the beginning of this year, the system is described as simplified penalties for late VAT submissions and payments, with a goal of making these fairer and more proportionate for customers.

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Why Performance And Cost Are Two Sides Of A Coin

CloudZero

In the SaaS world, it’s an accepted fact that engineering teams care most about performance, while finance teams primarily care about costs. The rift between the two teams is so large it caused the birth of a whole new SaaS company department — FinOps — to help them work together.

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Melio Now Integrates with Xero

Insightful Accountant

Xero has announced an integration with Melio, a leading B2B payment platform that will permit the automatic sync of A/P and A/R data between the two small business solutions.

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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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The Ultimate Virtual Assistant for CPAs Guide

Future Firm

It’s my belief that hiring a virtual assistant for CPAs is one of the best choices you can make when scaling your firm. This guide will shed light on how a virtual assistant (VA) can help, what they can do, and where to find them. Let’s get started. Table of Contents What is a Virtual Assistant for Certified Public Accountants? What Can a Virtual Assistant Do at Your Firm?

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Why Happy B2B Clients Save Money

Enterprise Recovery

Does it actually cost more to attract new clients than keep current ones? That can only be decided when you consider the cost of your time and the value of your clients. Nevertheless, happy clients are usually your most loyal clients, and they'll likely recommend your goods and services to others. Let's identify strategies for keeping your existing B2B clients happy so you can maintain a strong, long-lasting business relationship and save money along the way.

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What Is A DevOps Pipeline? A 2023 Beginner-Friendly Guide

CloudZero

Did you know that Google Search changes how it works about 12 times daily? For example, the internet search giant made about 4,500 changes to Search in 2020 alone. Those changes involved running more than 600,000 tests.

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When Culture Meets Community

Insightful Accountant

MasterYourBooks' Mariette Martinez on the important role both play in reaching personal and professional growth goals for Latinos.

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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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Payment Operations & The Benefits of Managed Services

MineralTree

What is Payment Operations? PayOps describes the facilitation of money moving in and out of a company. This involves tracking orders from initiating vendor payments all the way through to reconciliation. Today, payment operations also involves implementing and maintaining various payment types, including electronic payments , in addition to providing payment analysis to colleagues, clients, and partners.

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How to Build a SaaS Finance Team for the Future

Sage Intacct

The finance team of today looks incredibly different than its counterparts did five years ago. Modern CFOs and other finance leaders are expected to play a much more active strategic role in their companies than they once did.

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4 Signs That Your Business Needs to Reassess Its Bookkeeping

Counto

4 Signs That Your Business Needs to Reassess Its Bookkeeping Bookkeeping is a vital part of running a successful business. It helps track income and expenses and can provide insights into a company’s financial health. However, knowing when your business needs to step up its bookkeeping practices is not always easy. In fact, most start-ups may choose to engage accounting services for SMEs in Singapore to help streamline their processes.

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Important Changes to QuickBooks Related 1099 Filing and Billing for 2023

Insightful Accountant

You need to read this if you're an accountant who has firm-billed (wholesale billing or “Bill My Firm”) clients without a Payroll or Contractor Payment subscription, and are filing 1099(s) for the 2022 tax year.

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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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Press Release Accounts Payable Processing Services

Outsourced Bookeeping

We have started the Accounts Payable Services for businesses like Restaurants and Real Estate Companies and alike. Here we provide the back office support for functions like processing of Bills in Accounting Softwares We have worked in Software such as MAS90 Sage, Restaurant 365 (R365), Great Plains, QuickBooks and Propertyware. We can meet your requirements from 3 seat working to 10 seat working.

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Transform #5: From Cashier to Director of Accounting

Cloud Accounting Podcast

Meet Our Guest, Lea Briscoe LinkedIn: [link] Learn more about Purple Wave [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.

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4 Signs That Your Business Needs to Reassess Its Bookkeeping

Counto

4 Signs That Your Business Needs to Reassess Its Bookkeeping Bookkeeping is a vital part of running a successful business. It helps track income and expenses and can provide insights into a company’s financial health. However, knowing when your business needs to step up its bookkeeping practices is not always easy. In fact, most start-ups may choose to engage accounting services for SMEs in Singapore to help streamline their processes.

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QuickBooks, Mailchimp to Host Fireside Chat for Black History Month

Insightful Accountant

The virtual fireside chat, which highlights the challenges and courage of small business owners, features actress Issa Rae, and TV host and former NFL player Nate Burleson. Get the details for the Feb. 1 event here.

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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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Top 10 Benefits of Using A Document Management System

NextProcess

Is the paper in your office getting out of hand? Boxes taking up too much space? Or are important documents stored off-site where you can’t easily get to them? There are many good reasons to store business records, but if they’re cluttering things up or you can’t access them, then there’s a problem. Or maybe your records are already digitized, or at least some of them are.

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Map Your Cloud Journey: 50 Essential Cloud KPIs to Guide the Way

CloudCheckr

The cloud can deliver huge benefits to enterprise IT and your business as a whole. But in order to get the most out of your investment, you need to think strategically about how you will measure the success of your cloud journey. Whether you’ve recently adopted a cloud platform for your organization or your cloud operations are well established, there are many ways to assess the overall effectiveness of your IT infrastructure.

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Step by Step Process for Outsourcing Tax Preparation Services from CapActix

CapActix

CPA and Accounting Firms have started turning down tax preparation work due to labor shortages. There is a severe lack of accounting and tax professionals in the market. The reason is that they do not intend to compromise on the quality of their work as they want to hold on to their really good clients. To be able to identify possible deductions and benefits or any other red flags, the tax preparer and the reviewer have to be able to give enough time.

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2023 Desktop ProAdvisor Certifications Added to Training Portal

Insightful Accountant

Intuit has added the QuickBooks ProAdvisor 2023 Desktop Certifications to the QuickBooks Online-Accountant ProAdvisor Training Portal within the last week or so. The related courses and exams are now live.

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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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Why Does Tax Have a Busy Season?

Blake Oliver

Why does tax have a busy season? Maybe it doesn't have to be this way. A recent conversation gave me an idea for how to solve it. I went hiking with Giles Pearson on Sunday. It was a beautiful day, and it was the perfect chance to catch up with a new friend. As our conversation turned to work, I asked Giles what busy season was like for him during his time as a tax partner at PwC in New Zealand.

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Biggest Bookkeeping Mistakes Small Businesses Make

Bookkeeping Express

Bookkeeping is one of the hardest aspects of running a business for many owners, yet it is also one of the most important. Of course, at BKE, we always recommend hiring a reputable, high-quality third-party bookkeeper, given the ever-increasing benefits of finance process outsourcing. But many small businesses still do their bookkeeping in-house, and there are some mistakes that are more common – and more significant – than others.

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Empower your engineers to take an active role in cost optimization

AWS FinOps

A vital element of proactive cost optimization is empowering engineering teams, since they are owners of the AWS resources and services deployed. This is one of our customers’ biggest cloud financial management challenges, echoed by the State of FinOps 2022 survey for the past 2 years, and by IT leaders who ask us, “How can get our engineers to take a more active role in cost optimization?

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QuickBooks for Mac 2023 Customer Group Features

Insightful Accountant

In QuickBooks Desktop Mac Plus 2023, you can create Customer Groups to run reports or send emails to multiple related customers.

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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.