Sat.Nov 26, 2022 - Fri.Dec 02, 2022

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4 things you need to check out at AccountingWeb Live Expo

Xero

AccountingWeb Live Expo is taking place this week, with a huge number of the amazing accounting and bookkeeping community in attendance to enjoy keynotes, panels and mingling at an incredible two-day event. At Xero, we can’t wait to head to Coventry on the 30 November – 1 December and see so many of you in person. Here, we break down what we have planned for the event, and why you should come say hello at stand D20. .

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As tax season looms, staffing issues plague practitioners again

Accounting Today

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Accrued Expenses: Explained

Accounting Department

Accrued expenses, also known as accrued liabilities, refer to expenses that are recognized on the books before they have been paid. The expense is recorded during the period in which it is incurred, rather than when it is paid.

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Understanding AWS pricing models: how to choose a strategy that helps optimize your cloud costs

FinOps in Practice

So, why is everyone so worked up about AWS and its pricing models? Well, it’s because it’s of utmost importance for literally all businesses that use Amazon Web Services to come up with a pricing strategy that will suit their needs but won’t hit the wallet. Luckily, Bezos’ brainchild offers various pricing models, which allow you to choose a suitable payment system, but at the same time may cause an embarrassment of riches and be a bit too confusing and complicated.

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How to Streamline Payment Applications & Lien Waivers Through Innovative Construction Technology

Speaker: Dylan Secrest, Founder of Alamo Innovation and Construction Digital Transformation Consultant

Construction payment workflows are notoriously complex when you consider juggling multiple stakeholders, compliance requirements, and evolving project scopes. Delays in approvals or misaligned data between budgets, lien waivers, and pay applications can grind progress to a halt. The good news? It doesn't have to be this way! Join expert Dylan Secrest to discover how leading contractors are turning payment chaos into clarity using digital workflows, integrated systems, and automation strategies.

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How to scale your business globally with Xero and Airwallex

Xero

Despite the current economic climate, running a global enterprise is still the goal of many small and medium businesses. Recent research by our partner Airwallex shows that 70% of UK SMEs plan to expand into foreign markets in 2023. Of those, 81% want to grow their business in Europe and North America, while 60% hope to scale in the Asian Pacific, Latin American, African and Middle Eastern markets. .

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Get ready for increasing cybersecurity threats

Accounting Today

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Why Financial Planning is Important for SaaS CFOs During a Market Downturn

Sage Intacct

Financial planning can feel like spinning plates on sticks even during the best market conditions. There’s so much to keep up in the air, and if things fall, they certainly won’t fall gently. And when the markets turn against you during a recession, this feeling of fragility and anxiety can get even worse.

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Helping UK small businesses to reach net-zero with Ecologi

Xero

We’re excited to welcome Bristol-based climate tech start-up, Ecologi , to the Xero App Store to support service-based small businesses in the UK to track and reduce their impact on the environment. . It’s more important than ever for the business community to play its part in protecting our planet. During the recently concluded COP27, there was an increased call during the summit for stronger action on net-zero.

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Tech News: American Express launches B2B payments ecosystem

Accounting Today

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Accountant Networking: The Best Places + 9 Tips

Future Firm

Accountant networking is a tried, tested, and true method to build connections, grow your business, and advance your career. In this article, you’ll find out why accountant networking is so important, where you can network plus 9 of the best tips to succeed. Let’s go! Table of Contents. What is Networking in Accounting? Why is Networking Important for Accountants?

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You upgrade everything else. Why not your close process?

You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes? It’s time for an upgrade. SkyStem's Guide to Month-End Close Software walks you through what today’s best tools can do (and what your team shouldn’t have to deal with anymore). Get smart, fast, and a whole lot less stressed when it’s time to close the books.

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How Finance Can Instill An ROI Mindset In Engineering

CloudZero

Conventional wisdom states that SaaS engineers don’t care about costs. They care about building an optimal product, regardless of the dollar signs associated with it.

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Highlights from this year’s Xero Australia Award celebrations

Xero

Last week, we celebrated our winning cohort of Xero Australia Award champions from FY22 and FY23. It was awesome to bring together 26 small business owners, advisors and app partners from across Australia to acknowledge their outstanding contributions to their local communities and the wider world of business. . So what did the winning experience involve?

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Comey and McCabe weren't targeted for tax audits, TIGTA finds

Accounting Today

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Building the Modern, Automated Accounting Firm

Plooto

It is a brave new world for accounting firms. New technology , pent-up client demand for advisory services, and ever-increasing compliance and regulatory oversight have created a new “business” mindset among accounting organizations — identifying clients’ needs and building the infrastructure to meet those needs.

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Precision in Motion: Why Process Optimization Is the Future of Manufacturing

Speaker: Jason Chester, Director, Product Management

In today’s manufacturing landscape, staying competitive means moving beyond reactive quality checks and toward real-time, data-driven process control. But what does true manufacturing process optimization look like—and why is it more urgent now than ever? Join Jason Chester in this new, thought-provoking session on how modern manufacturers are rethinking quality operations from the ground up.

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B2B Sales & Marketing Tips to End the Year Strong

Enterprise Recovery: Accounts Receivable

While we typically write about the end-of-the-year processes for accounts receivable , year-end brings about its own stress for the sales and marketing teams. With quotas to meet and budgets to assess, the challenges can weigh on even the most seasoned professional. Here are four tips for B2B sales and marketing professionals to end the year strong.

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App partner of the month: Datamolino

Xero

Xero has more than 1000 connected apps in its ecosystem, all working to help small businesses and their advisors succeed. Each month we celebrate an app partner who stands out from the pack. Find out more about becoming a Xero app partner here , and you can browse the Xero App Store here. We’re excited to announce November’s app partner of the month is Datamolino – an automated data-capture and invoice coding solution that saves small and medium-sized businesses time by reducing manual dat

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The 2022 Top 100 People: The biggest issues in accounting

Accounting Today

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Automation, Metrics, and MUD: A CFOs Guide for SaaS Success

Sage Intacct

The rules have changed for SaaS CFOs. Should we do lay-offs? How do we drive to profitability? How do we extend our cash runway?

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AI In Accounting: A Practical Roadmap For Smarter AP

Speaker: Gerald Ratigan

The accounts payable (AP) function is evolving and AI is leading the charge. As finance teams face rising invoice volumes and expectations for speed and accuracy, AI-powered automation has shifted from a futuristic concept to the most practical solution. But for finance leaders, success isn’t just about selecting the right tools, it’s about implementing the right strategy.

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Don't Let Past Due Invoices Ruin Your Holidays!

Enterprise Recovery: Accounts Receivable

The holidays are a special time when your business breathes out a sigh as one year ends and another begins. Right? Before that happens, there is much to do! The end of the year signals the looming beginning of tax preparation and budget decisions. It also means closing out the books for the year and discovering delinquent receivables. Don't let past-due invoices ruin your holidays!

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Latest product news — December 2022

Xero

Get ready to switch to new reports. If you haven’t made the switch to new reports, we urge you to start moving your work across now , so you have plenty of time to get used to them before the older versions are retired. Here are the latest features we’ve introduced to new reports: We’re introducing a current financial year by month report as well as a Bank Reconciliation report pack.

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The top people in public accounting — 2022

Accounting Today

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The Significance of Correcting Errors in Business Accounting

Analytix Finance & Accounting

Business bookkeeping and accounting are key components of business sustainability and success in virtually any industry. Therefore, ensuring reliable accounting is key to sound financial health for any business. This is also why correcting errors in business accounting (also known as catch-up) is so important. Here are some of the reasons why it’s critical for businesses to identify and correct accounting errors: Catch-up helps review bookkeeping and accounting processes and determine loopholes

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Stop Budget Burnout: A Better Way to Grow Your Nonprofit in 2026

Speaker: Sean Yoder

Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth. Enter collaborative budgeting: a dynamic, team-driven process that enables smarter resource allocation and builds financial resilience at scale.

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How to Reduce Overdue Payments in Accounts Payable

MineralTree

Late payments can be a huge headache for businesses of all sizes. Not only do they cost you money in the form of interest and fees, but they can also hurt your reputation with suppliers and other business partners. The good news is that there are several ways your business can reduce overdue payments in your accounts payable department, and it starts with AP automation.

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Next phase of Xero’s platform growth will be driven by the community

Xero

A version of this blog was originally published as part of HubSpot’s ‘State of Partner Ops and Programs 2022’ report – you can read the full report here. . As we continue to grow as a global business platform, our partnerships are an invaluable part of how we support and provide #beautiful solutions to our customers. I was excited to be asked to participate in HubSpot’s ‘State of Partner Ops and Programs 2022’ report.

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IRS prodded to make more progress on closing tax gap

Accounting Today

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ITA Fall 2022 Applied Improv

dynavistics

Session: Practical/Applied Improvisation For Leaders.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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How Can a Small Business Establish Trust with its Employees?

Nolan Accounting Center

There are many different reasons why employees choose to change employers- but there does seem to be a common theme: lack of trust. Many times, this is due to changes in the company, such as a change in leadership or a merger/acquisition. Other times, it’s due to a lack of trust in co-workers. However, the most common problem is that managers don’t establish trust in their employees to complete the assigned tasks without being micromanaged.

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How to manage the Singapore GST rate change in Xero

Xero

In the 2022 budget announcement, Singapore’s Minister for Finance announced the GST rate will increase from 7% to 8% on 1 January 2023, and from 8% to 9% on 1 January 2024. This change will impact all Singapore businesses that file GST. Here’s what we’re doing to make it easy for you to manage this change in Xero. Update your default rate. We’ll make the new 8% rate available in Xero by 9 December 2022.

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Lawmakers push to expand housing tax credit

Accounting Today

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Dext is releasing an end-to-end MTD ITSA solution

Dext

On December 5 2022, the first release will be available to existing Dext Prepare customers as part of the Dext Prepare product. In early 2023, we will make the MTD ITSA solution available to the wider market. Dext’s solution will include the option to submit directly to HMRC on behalf of self-employed and landlord clients.

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i