Xero
NOVEMBER 30, 2022
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.
Accounting Department
NOVEMBER 30, 2022
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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FinOps in Practice
NOVEMBER 30, 2022
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.
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.
Xero
DECEMBER 1, 2022
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. .
Accounting Department
DECEMBER 1, 2022
Have you ever considered how outsourced accounting services might help your business navigate the post-pandemic economic climate more efficiently? If so, this article will lay out the advantages through a near-term and long-term lens.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Xero
NOVEMBER 27, 2022
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?
Future Firm
NOVEMBER 30, 2022
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?
Plooto
NOVEMBER 28, 2022
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.
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.
Xero
NOVEMBER 27, 2022
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. .
CloudZero
NOVEMBER 28, 2022
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.
Enterprise Recovery
NOVEMBER 28, 2022
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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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.
Xero
NOVEMBER 30, 2022
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.
Sage Intacct
NOVEMBER 29, 2022
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?
Enterprise Recovery
DECEMBER 2, 2022
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!
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.
Xero
NOVEMBER 29, 2022
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
Analytix Finance & Accounting
DECEMBER 1, 2022
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
Cloud Accounting Podcast
NOVEMBER 30, 2022
Meet Our Guest, Shana Veale LinkedIn: [link] Learn more about PharmChem, Inc. Website: [link] The PharmChek® Sweat Patch (or Drug Patch) by PharmChem, Inc. is worn on the skin for up to 10 days or longer and uses sweat as the specimen source. PharmChek® not only acts as a deterrent to continued drug use, but also offers the following advantages: - Increased window of detection - Can be used as both a reward or a sanction - Detects parent drug and drug metabolite - Variable removal date - Quick a
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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!
Xero
DECEMBER 2, 2022
Cast your mind back to 2020. Or maybe don’t. In the UK pandemic measures were in place, the country was in lockdown, and times were even tougher than usual for small businesses and employees. . For Jack and Harry Findlay, who had worked in the flooring industry for many years, the time had come to make a choice: wait and hope temporary furlough would end soon, or take a bold leap into the unknown by following their grandfather’s footsteps to start their own business. .
MineralTree
DECEMBER 1, 2022
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.
Nolan Accounting Center
NOVEMBER 30, 2022
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.
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!
Xero
NOVEMBER 30, 2022
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.
Dext
NOVEMBER 30, 2022
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.
Nolan Accounting Center
NOVEMBER 30, 2022
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.
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.
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