Xero

MARCH 8, 2023

Below is the message shared with all Xero employees today Dear Xeros Over the past few weeks, as I have stepped into the CEO seat, we have had several conversations about Xero’s strengths and significant market opportunities. We have also talked candidly about our challenges following the rapid scaling of the company. As we look to the next phase of Xero’s growth, many of you have asked me what change is needed for us to simplify focus, strengthen our execution and balance growth with profitabi

XERO 306

XERO 306

Accounting Department

MARCH 8, 2023

AccountingDepartment.com is proud of our amazing, hard-working, dedicated women who make up the bulk of our team and for this International Women’s Day, we would like to take a moment to thank all of these women that keep us moving forward on a day-to-day basis. Our female team members have made an incredible impact on our business over the years and we would not be where we are today without them!

231

231

Intuit

MARCH 10, 2023

In the ever-changing job market, you can still be looking for career growth opportunities to help you get from where you are, to where you want to be. Those career goals might be seeking a raise or promotion, improving your skill set, switching careers, or expanding your professional network. Whatever your goal, here’s some career advice from four Intuit recruiters who recently shared how to set yourself up for successful career development.

130

130

Ascend Software blog

MARCH 9, 2023

Workday Financial Management ERP is a powerful software tool that helps companies manage their finances, accounting, and other key business functions. One of the features that makes Workday particularly useful is its use of worktags, which are essentially tags or labels that can be assigned to transactions, accounts, and other financial data within the system.

Accounting 130

Accounting Accounting Accounts Payable Accounts Payable 130

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.

Accounting

Xero

MARCH 7, 2023

Did you know there are two versions of invoicing in Xero? There’s the original ‘classic’ invoicing experience and ‘new’ invoicing. New invoicing is the updated version with a refreshed design, new functionality and many of the features you know and love from classic. New invoicing has come a long way since its initial launch and we’re pleased to have introduced several improvements you won’t see in classic invoicing.

Invoicing 256

Invoicing XERO Accounting Software Accounting 256

Accounting Department

MARCH 7, 2023

As an entrepreneur or manager/owner of a busy small to medium-sized enterprise, it’s essential that you use tools to automate as many processes as feasible to keep things running smoothly. You can do less with more when you pick the right kind of technology and software solutions.

Invoicing 198

Invoicing Accounts Receivable Accounts Receivable Account Receivables 198

Insightful Accountant

MARCH 5, 2023

Our spotlight of the Insightful Accountant 2022 Top 100 ProAdvisors continues with a spotlight on Leah's Insights' Leah Berger. See what she says it takes to stay on top of your game.

Accounting 106

Accounting Accounting 106

Xero

MARCH 7, 2023

Our research found that recruitment is one of the main challenges facing accountants at the moment, so we’re shining a light on some amazing accountants to bust misconceptions around the industry. We speak with Alex Beattie, managing director of KRW Accountants and rifleman in the army reserves, and Hilary Dyson, founder of Bridge Financials and opera singer.

XERO 211

XERO Accounting Accounting Computation 211

Accounting Department

MARCH 9, 2023

It is no secret that accounting is rife with complex challenges characterized by number-intensive projects that require extensive educational specialization, experience, and diligence. In short, the average person is not cut out for the role of a professional accountant or bookkeeper. If you own or manage a business of any type, it is in your interest to rely on client accounting services and outsource your accounting and bookkeeping projects to the pros.

Accounting 185

Accounting Accounting Bookkeeping Bookkeeping Services 185

Plooto

MARCH 6, 2023

In our previous blog, we covered the fundamentals of cash flow projections and how you can use those to create long-term strategies for your business. However, there are numerous types of cash flows that provide insight into the financial health of your business. Some of these include Investing cash flow, financing cash flow, free cash flow, and operating cash flow (OCF).

Management Accounting 98

Management Accounting Accounting Accounting 98

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.

CSI Accounting & Payroll

MARCH 7, 2023

When it comes to running your automotive repair shop, you’re the catch-all for certain daily activities. In this industry, that's the norm. However, there are only so many hours in a day, and your expertise is in your line of work - so why are you trying to do your own accounting when so much is at stake? Rather than sacrificing your time and still risking falling behind on accounting, think about outsourcing your accounting to professionals with experience in your industry.

Accounting 97

Accounting Accounting Payroll Small Business Accounting 97

Xero

MARCH 8, 2023

This International Women’s Day, we want to celebrate the fantastic work being done by some of our women business owners. We spoke with Nadine Oei, founder of cosmetics brand Loella , and Anna Morrison, founder of Amazing Apprenticeships , who tell us more about their stories. What advice would you give to women looking to start a business? Nadine : The most important thing is getting your finances in order.

XERO 202

XERO Budgeting Invoicing Accounting 202

Cloud Accounting Podcast

MARCH 8, 2023

Guest: Dr. Josh McGowan, CPA from Troy University; Blake calculates the cost of the 150-hour rule; Minnesota says AICPA & NASBA are not the regulators; Accounting department budgets at risk Sponsors Uncat - [link] LiveFlow - [link] First Republic Bank - [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] (00:00) - Preview: The struggle is finding students who want to be an accounting major (01:08) - Josh McGowan j

Accounting 96

Accounting Accounting CPA QuickBooks 96

Insightful Accountant

MARCH 5, 2023

Liz Scott returns with her video take on how this new Quickbooks Online feature enables you to see the check images directly inside of the transaction.

QuickBooks 102

QuickBooks 102

Advertisement

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.

AP

Enterprise Recovery

MARCH 10, 2023

Women look to other female leaders to feel empowered as they break through glass ceilings and face various obstacles along the way. It's important for them to clear a path for other women as well. Women leaders often face challenges such as more responsibilities within their homes and at their jobs, and when serving as entrepreneurs, unequal access to venture capital.

79

79

Xero

MARCH 5, 2023

One of my favourite things since starting at Xero Asia is the discovery of the many cloud applications that empower the region’s SMEs by making them more efficient and productive. Now that Singapore has entered an endemic phase, I can’t wait to get out there and meet more of the Xero community. We’ve learnt in the past few years the importance of being agile and adaptable, and how adopting the right digital tools can be a game-changer.

XERO 185

XERO Payroll Accounting Accounting 185

MineralTree

MARCH 9, 2023

Cross-border payments are an essential component of modern business operations, allowing companies to transact with vendors, partners, and employees in different countries. For companies looking to have a global presence, it is important to understand the challenges and trends involved in international transactions. In this article, we explore the common issues with B2B cross-border payments and the steps companies can take to improve their international AP process.

AP 74

AP Reconciling Collections Tax 74

Insightful Accountant

MARCH 8, 2023

'Wolters Kluwer Annual Accounting Survey' reveals the Top 5 challenges and 2023 goals for today's accounting professionals.

Accounting 101

Accounting Accounting 101

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.

Cloud Accounting Podcast

MARCH 10, 2023

Majority of CAS practices support 3+ general ledgers; KPMG may have turned a blind eye to deforestation; Intuit to replace QuickBooks Desktop POS with Shopify; Startup accelerators from Intuit and AICPA Sponsors Tri-Merit - [link] LiveFlow - [link] Patriot - [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] (00:00) - Catching Up On AccounTech News (00:47) - Introduction and why we are doing this extra episode (01:42

General Ledger 59

General Ledger QuickBooks CPA XERO 59

Xero

MARCH 6, 2023

Amidst an industry-wide skills shortage, Xero’s State of the industry report shows that over a third (38 percent) of practices today are struggling to hire experienced team members. Despite this, Dinesh Aggarwal – founder and Managing Director of Fortuna Advisory Group – has his sights set on growth. In fact, he’s determined to win the war on talent, all while creating an engaged and connected global team.

XERO 180

XERO Accounting Accounting Bookkeeping 180

SLC Bookkeeping

MARCH 9, 2023

When many restaurant owners think about bookkeeping, it creates a feeling of dread. Between managing employees, food orders, clean-ups, customer complaints, banking, and everything else that goes along with the industry, a restaurateur often ends up overwhelmed. The last thing you want to do is keep up with bookkeeping but is a vital part of your success.

Bookkeeping 59

Bookkeeping 59

Insightful Accountant

MARCH 6, 2023

Reach Reporting’s Justin Hatch dishes on some trends today's accounting professionals should be on the lookout for.

Accounting 100

Accounting Accounting 100

Advertisement

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!

Accounting

IMA's Count Me

MARCH 7, 2023

IMA is celebrating International Women's Day on March 8th to commemorate the cultural, political, and socioeconomic achievements of women. In this special Count Me In podcast Yvonne Barber, CFO, HR Knowledge Source, discusses how the pandemic affected female small business owners and how some used management accounting strategies to help them become more resilient.

Management Accounting 59

Management Accounting Accounting Accounting 59

Xero

MARCH 5, 2023

Edmonton may not be the first city that comes to mind when thinking of leading tech hubs, but it is rapidly gaining recognition as an emerging hotspot for technical innovation, positioning itself to compete with the likes of Silicon Valley, Beijing, and Toronto. It’s no surprise, then, that a local firm like Faber LLP has embraced digital transformation in the accounting industry.

XERO 174

XERO Accounting Accounting Billing 174

CSI Accounting & Payroll

MARCH 5, 2023

Ahh, spring. It’s a great feeling when you see outdoor dining spaces opening at local Twin Cities restaurants in the spring. Patios are getting swept, tables and chairs are receiving a power wash, and sun umbrellas are popping up along sidewalks. Preparation is also happening inside as management and staff enter spring cleaning mode. Don't let the momentum stop there!

Payroll 59

Payroll Tax Accounting Accounting 59

Insightful Accountant

MARCH 6, 2023

Eyeing the start of the formal applications for 2023, Murph offers tips to our International participants regarding the Ecosystem (apps & software) section of the new form specific to them.

75

75

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!

Accounting

LedgerDocs

MARCH 9, 2023

AI is revolutionizing the way everything is done these days, and bookkeeping is no exception. The newest AI bookkeeping technology uses artificial intelligence (AI) algorithms to automate bookkeeping tasks such as data entry, invoice processing, and financial reporting. This technology is specifically designed to help bookkeepers and accountants, and business owners save time and money through the automation of manual processes, while also reducing the risk of errors to overall improve the accur

Bookkeeping 54

Bookkeeping Data Entry Invoice Processing Financial Reporting 54

Tipalti

MARCH 7, 2023

Discover what accounts payable outsourcing and automation have to offer in this in-depth comparison guide. You can make an informed decision by weighing the pros and cons of each.

Accounts Payable 52

Accounts Payable Accounts Payable Accounting Accounting 52

Ontrack Bookkeeping

MARCH 10, 2023

ACC is one of the most confused topics we discuss in our client meetings. So lets see if you can help clarify what its all about. When you are receiving wages and having PAYE deducted, there is a portion of this that relates to ACC Earner Levy cover – that is the cover for all non work related injuries, and everyone getting a wage pays this portion within their IR deductions (IR pay it on to ACC).

Billing 52

Billing Tax Invoicing Accounting 52

Insightful Accountant

MARCH 7, 2023

Go Beyond's Greg Sloan discusses why outlining your company's purpose is essential to attracting your ideal workforce.

92

92

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.

Accounting