FinOps Foundation

AUGUST 28, 2024

Key Insight: In addition to all major cloud infrastructure providers, third-party FinOps tool vendors are adopting the FOCUS for their platforms. Thousands of Practitioners rely on these tools to perform FinOps in their organizations. To help Practitioners understand this landscape, the FinOps Foundation will continue to track vendor adoption, and will eventually offer an official certification signifying conformance with the Specification.

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FinOps FinOps Cloud FinOps Billing 130

Accounting Today

AUGUST 29, 2024

Some IRS policies may favor large multinational corporations that use foreign no-tax or low-tax jurisdictions for the sole purpose of avoiding paying U.S. taxes, according to a TIGTA report.

Tax 300

Tax 300

Intuit

AUGUST 30, 2024

What’s the difference between bookkeeping and accounting? These two professions seem to go hand in hand. Some even use the words interchangeably in conversation. But the truth is that they’re not as similar as some may think. In this guide, we’ll dive into the finer points of the two professions. We’ll define each, explore the differences between bookkeeping and accounting, and discuss what it takes to pursue roles in the fields.

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Bookkeeping Financial Statements QuickBooks Accounting 246

Xero

AUGUST 25, 2024

We’re committed to continuously improving your invoicing experience in Xero. And as we transition to the new version of invoicing, we’re continuing to roll out more features and enhancements designed to streamline your workflow and boost productivity. As a reminder, there are some important changes happening in Xero invoicing: Beginning the week of 2 September 2024 at 9am NZT, we will be defaulting users to the new version of invoicing experience on a rolling basis.

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XERO Invoicing Deposits Collections 252

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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

Accounting

Accounting Department

AUGUST 29, 2024

In the dynamic world of small business, staying ahead means constantly measuring and optimizing performance. That's where Key Performance Indicators (KPIs) come in. These metrics help business owners, entrepreneurs, and startups monitor their progress, identify areas for improvement, and make data-driven decisions. Now that we understand the importance of KPIs, let's focus on the top 5 essential KPIs for e-commerce businesses.

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Financial Reporting 222

Accounting Today

AUGUST 30, 2024

Plus, Crowe solution streamlines financial spreading process; Patriot Software releases new payroll, compliance tools; and other accounting tech news.

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Payroll Accounting Accounting 286

Xero

AUGUST 26, 2024

It’s no secret the accounting and bookkeeping industry has been battling a critical talent shortage for some time. In fact, we’ve conducted new research that reveals almost two-thirds of employing practices (65%) have experienced challenges with finding and keeping the right staff in recent years. Our report, Reshaping accounting and bookkeeping: Image, talent and the way forward , suggests this talent problem is, in part, due to an image problem, with most accountants and bookkeepers (81%) agre

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XERO Bookkeeping Accounting Accounting 192

Accounting Department

AUGUST 28, 2024

In today's fast-paced business world, growing companies often find themselves accumulating multiple applications to enhance productivity. However, without proper integration, these applications can lead to siloed operations and data redundancies, ultimately hampering efficiency.

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Accounting Accounting 185

Accounting Today

AUGUST 26, 2024

An Ontario court placed the firm and owner Ben Borgers on probation for two years for unlicensed, unregistered audit work, and ordered both to pay fines.

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Auditing 284

Fidesic blog

AUGUST 26, 2024

Fidesic is that AP automation company with the octopus logo. Fidesic, the only octopus AP automation built specifically for Dynamics GP & Business Central.

Accounts Payable 130

Accounts Payable Accounts Payable AP Accounting 130

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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.

Accounting

Xero

AUGUST 25, 2024

The anticipation is building as we count down to the Xero Asia Roadshow in Kuala Lumpur. We’ve got an exciting programme for you and we can’t wait to share it! Winning on purpose This year, we’re all about helping you win on purpose. We all have a purpose that drives us, whether that be supporting our customers and clients with world-class experiences, growing our businesses, or nurturing our staff.

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XERO Bookkeeping Invoicing Accounting 187

Ace Cloud Hosting

AUGUST 30, 2024

Running an inventory-based business comes with its own unique set of challenges. Beyond the usual responsibilities of payroll, customer service, and budgeting, managing and accounting for Inventory adds another layer.

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QuickBooks Budgeting Manager Customer Service Payroll 105

Accounting Today

AUGUST 26, 2024

Millionaires only accounted for 0.22% of total returns filed this year for the 2023 tax season.

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Tax Accounting Accounting 334

Insightful Accountant

AUGUST 27, 2024

Starting October 27, 2024, the price of Xero's most popular plans in the United States will increase. The Early, Growing, and Established plans will see price changes ranging from $2 to $5 dollars per month.

XERO 98

XERO 98

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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Nanonets

AUGUST 26, 2024

In our hunter-gatherer days, we had to classify objects and beings as food, foe, or friend, for survival. Today our need for classification is less for conservation and more for clarity.  In this era of information overload, document classification is of considerable importance for the efficient management and use of information and knowledge.   In this article, we will look at the types of document classification and how ML techniques are being increasingly used for this purpose.

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Computation Customer Service Purchase Order Invoicing 94

Enterprise Recovery

AUGUST 30, 2024

A business credit score is crucial for your company's financial health and reputation. It reflects your ability to manage credit responsibly and can impact your ability to secure financing, negotiate favorable terms with suppliers, and attract potential business partners. A strong business credit score demonstrates your reliability as a borrower and opens up opportunities for growth and expansion.

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86

Accounting Today

AUGUST 30, 2024

OSCPA makes 66th Hall of Fame induction; CohnReznick opens digital forensic lab; and more news from across the profession.

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285

Insightful Accountant

AUGUST 28, 2024

Xero data reveals a mismatch in payment preferences between small businesses and consumers. Nine out of ten consumers favor paying by card, while 30% of SMBs don't accept cards for payment.

XERO 95

XERO 95

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.

Accounting

Accounting Tools

AUGUST 29, 2024

What is Foreign Currency Translation? Foreign currency translation is used to convert the results of a parent company's foreign subsidiaries to its reporting currency. This is a key part of the financial statement consolidation process, resulting in a set of financial statements that are presented solely in the parent company’s reporting currency. The steps in this translation process are as follows: Determine the functional currency of the foreign entity.

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Financial Statements Accounting Accounting 75

Ace Cloud Hosting

AUGUST 29, 2024

In today’s digital era, businesses rely on cloud accounting to manage their financial operations. Cloud accounting’s accessibility and cost-effectiveness have made it an integral tool for small to large firms.

Financial Operations 59

Financial Operations Financial Operations Accounting Accounting 59

Accounting Today

AUGUST 26, 2024

AICPA chair Carla McCall talks about how accounting firms need to work together so they can all thrive separately.

Accounting 300

Accounting Accounting 300

Insightful Accountant

AUGUST 29, 2024

Sheri Radler, Insightful Accountant's 2023 Up-n-coming ProAdvisor of the Year, provides a 'fresh perspective' on how QuickBooks Live Expert Assist can support and grow your ProAdvisor practice.

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QuickBooks Accounting Accounting 91

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.

Payroll

Accounting Tools

AUGUST 29, 2024

What are the Limitations of Ratio Analysis? Ratio analysis involves comparing information taken from the financial statements to gain a general understanding of the results, financial position , and cash flows of a business. This analysis is a useful tool, especially for an outsider such as a credit analyst, lender , or stock analyst. These people need to create a picture of the financial results and position of a business just from its financial statements.

Financial Analysis 75

Financial Analysis Financial Statements Customer Service Collections 75

Ace Cloud Hosting

AUGUST 29, 2024

Accounting is the language of business. Whether you are a small business owner, CPA firm, or an individual who handles the financial tasks of your family or others, understanding the.

CPA 59

CPA Accounting Accounting 59

Accounting Today

AUGUST 28, 2024

In 2023, 179,000 notices of federal tax lien were filed, down roughly 84% from the high in 2010 of nearly 1.1 million.

Tax 292

Tax 292

Insightful Accountant

AUGUST 29, 2024

Alee Cochrane of Sydney, Australia, and one of our Top 50 International ProAdvisors for 2024 is our featured ProAdvisor this week.

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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.

finout

AUGUST 27, 2024

We are thrilled to announce that Finout has achieved the AWS Cloud Operations Software Competency, underscoring our commitment to delivering cutting-edge FinOps solutions tailored to optimize FinOps practices across industries. This significant milestone underscores our ability to provide secure, scalable, and reliable cost management solutions that meet the demands of modern cloud environments.

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FinOps FinOps 59

Ace Cloud Hosting

AUGUST 26, 2024

QuickBooks Enterprise is a popular accounting software designed for medium to large-sized businesses. The software offers a range of advanced features and tools that can help enterprises manage their financial.

QuickBooks 59

QuickBooks Accounting Software Accounting Accounting 59

Accounting Today

AUGUST 29, 2024

Close personal relationships; home is where the scam is; tort trouble; and other highlights of recent tax cases.

Tax 286

Tax 286

Outsourced Bookeeping

AUGUST 29, 2024

The global accounting shortage is real. According to Bloomberg, the U.S. alone is short of more than 340,000 accountants, highlighting the accounting industry’s significant gap between supply and demand. The talent pipeline is also drying up as the number of students taking the CPA exam continuously drops yearly, the 2024 numbers being the lowest since 2006.

Outsourced Bookkeeping 52

Outsourced Bookkeeping Financial Reporting CPA Accounting 52

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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.