Sat.Jun 03, 2023 - Fri.Jun 09, 2023

article thumbnail

Digital Transformation in Accounting: The State of Play

Dext

The world of accounting is undergoing a seismic shift. Against the backdrop of digital transformation, accounting technology continues to advance at great pace. Accounting firms have had to adapt and embrace new tools and practices. While accountants and bookkeepers are continuing to feel their way through new ways of working.

article thumbnail

Small business retailers, beat the tax time woes with these simple tips

Xero

If your inbox is anything like ours right now, emails spruiking EOFY discounts, mid-year promotions and stocktake clearances are piling up by the dozen. And with a new financial year around the corner, it’s no surprise that retailers are cleaning house in preparation. So if you’re looking to do the same (and tackle tax time while you’re at it), below are a few simple tips to consider ahead of the ‘23 year-end.

Tax 264
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Intuit brings GenAI game to company code-a-thon

Intuit

Twice a year, Intuit technologists gather to experiment and collaborate on passion projects during Global Engineering Days (GED). The week-long code-a-thon shines a light on Intuit’s vibrant engineering culture, community, and commitment to sparking creativity. The week ignites innovation for more than 100 million consumer and small business customers.

article thumbnail

The Benefits of Outsourcing for E-commerce Businesses

Accounting Department

Simplifying e-commerce business operations can be achieved by outsourcing specific functions such as accounting and bookkeeping services. For an e-commerce business to thrive and succeed, it is crucial to maintain a clear understanding of its financial position, performance, profit margins, marketing commitments, stock levels, and cash flows on a regular basis.

article thumbnail

Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

article thumbnail

Microsoft Dynamics NAV End of Life? Yes & No. What Next?

Fidesic blog

It is true that Microsoft Dynamics NAV end of life is fast approaching. Mainstream Support ended for NAV 2018 at the start of 2023. This means the five-year countdown has begun for Dynamics NAV (aka Dynamics Navision) with all Navision extended Support ending in 2028.

130
130
article thumbnail

Reduced Government Funding in Healthcare and the Impact on Healthcare Companies

Ascend Software blog

In recent years, there has been a significant reduction in government funding for healthcare. This has had a major impact on healthcare companies, who are now facing increased financial pressures.

130
130

More Trending

article thumbnail

Manage Invoices an Payments Easily with Tipalti

Accounting Department

Imagine having the ability to scale accounts payables (AP) operations for your e-commerce business, with the same amount of staff, or even less. With Tipalti's AP automation technology, businesses can do just that and accelerate their AP processes across the board.

Invoicing 234
article thumbnail

Meet Our Top 100 ProAdvisors and Top 25 Up-n-Coming ProAdvisors for 2023

Insightful Accountant

Insightful Accountant is proud to announce the Top 100 ProAdvisor and Top 25 Up-n-Coming ProAdvisor Award Recipients for 2023.

article thumbnail

Effortlessly Viewing PDF Files on Your Computer or Tablet

LedgerDocs

PDF files are by far the most widely used format for sharing and viewing documents. Whether you are looking to open a business report, academic paper, or e-books, knowing how to view PDF files on your computer or tablet is essential but can be confusing depending on what device you are using. This blog outlines how you can access your PDF no matter what device you are using: Adobe Acrobat Reader: The easiest way to access a PDF file is using Adobe Acrobat Reader.

article thumbnail

How Strategic Pricing Can Make Your Firm More Competitive and Profitable

Plooto

An accounting firm's pricing strategy can be its most potent weapon to combat the disruptions and uncertainties of today's precarious business environment.

article thumbnail

The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

article thumbnail

The Comprehensive Guide to Procurement Automation

Nanonets

Are you tired of manually entering requisitions, creating purchase orders , and tracking invoices? Tired of relying on old-age labor-intensive methods to manage compliance issues? Do you wish there was a way to make your procurement processes more efficient? If so, you'll need to know all about procurement automation—a powerful tool that can help you manage the purchasing process efficiently.

article thumbnail

Rewind 'Bulk Linking' Feature Now Available

Insightful Accountant

Rewind, the No. 1 rated commercially-available backup app for QuickBooks Online, has just introduced a new bulk linking feature, which makes it easier than ever for ProAdvisors to protect their clients' data.

article thumbnail

Beyond Taxes: How an Accountant Can Provide Small Business Advice

CSI Accounting & Payroll

Small business owners often overlook the importance of a good accountant until they find themselves crunching numbers at the end of a long day. This is a reality for most small businesses, but there comes a time when the owner or their administrative staff can't keep up and need professional help. Even if you already work with an accountant for your annual taxes, did you know there's another accounting solution that's much more affordable than hiring in-house help?

Tax 94
article thumbnail

How to record the disposal of assets

Accounting Tools

Related Courses Fixed Asset Accounting How to Audit Fixed Assets The disposal of assets involves eliminating assets from the accounting records. This is needed to completely remove all traces of an asset from the balance sheet (known as derecognition ). An asset disposal may require the recording of a gain or loss on the transaction in the reporting period when the disposal occurs.

article thumbnail

Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

article thumbnail

Servitalent partners with Nanonets to leverage AI for recruitment workflows

Nanonets

Nanonets is excited to announce its partnership with Servitalent to completely automate recruitment workflows with AI and intelligent automation. This partnership will primarily focus on supercharging recruitment processes for organisations that depend on Servitalent for various HR services. Servitalent Servitalent is a leading professional services company specialising in providing the right human resources for company management and leadership.

article thumbnail

Forwardly Instant Payments Debuts to Improve Cash Flow for SMBs

Insightful Accountant

See how the First Real-Time Payments only solution empowers US businesses to get paid up to three days faster, while saving money on processing fees and streamlining workflows with automatic payment reconciliation.

113
113
article thumbnail

The Dos & Don'ts of Commercial Debt Collection: What You Need to Know

Enterprise Recovery: Accounts Receivable

If you've ever struggled with chronic late-paying clients or are silently seething over invoices that were never paid, you're probably considering commercial debt collection. Of course, you're wondering how much it'll cost and if you have time to research it. You may wonder how to escalate an unpaid debt to a collections agency and if they'll damage your client relationships.

article thumbnail

Accounting for sales discounts

Accounting Tools

Related Courses Bookkeeping Guidebook How to Audit Receivables New Controller Guidebook How to Account for Sales Discounts A sales discount is a reduction in the price of a product or service that is offered by the seller, in exchange for early payment by the buyer. A sales discount may be offered when the seller is short of cash, or if it wants to reduce the recorded amount of its receivables outstanding for other reasons.

article thumbnail

8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

article thumbnail

A Comprehensive Guide to Robotic Process Automation

Nanonets

Are you tired of monotonous and time-consuming tasks that drain your productivity? If so, then Robotic Process Automation (RPA) might be the solution you've been seeking. RPA is cutting-edge technology that enables businesses to automate repetitive processes. With its increasing popularity and widespread adoption, understanding RPA has become crucial for anyone looking to stay ahead in today's competitive business landscape.

article thumbnail

Intuit Unleashes the Power of Generative AI on its Platform

Insightful Accountant

Intuit has unleashed the power of generative AI on its platform to ignite innovation at scale for millions of consumer and small business customers.

105
105
article thumbnail

? ??????? ??????? ??????? ?????? ??????-?????? ??????

Less Accounting

Статьи Ставки в реальном времени Бет365 Игровые автоматы Конгломерат Игрок высокого уровня на реальные деньги, у вас есть множество вариантов. Игорное заведение Crimson Puppy является одним из лучших онлайн-казино, которое предлагает отличные игры, дополнительные бонусы и возможность делать ставки на мобильные устройства. Настоящее казино предлагает жизнь фермера, а также щедрые приятные бонусы и регулярную праздничную рекламу.

article thumbnail

Source documents definition

Accounting Tools

Related Courses Accountants' Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook How to Conduct an Audit Engagement Records Management What are Source Documents? Source documents are the physical basis upon which business transactions are recorded. Source documents are typically retained for use as evidence when auditors later review a company's financial statements , and need to verify that transactions have, in fact, occurred.

article thumbnail

How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

article thumbnail

Thinking Through the Future with Colleen Gillam-Judd

Jetpack Workflow

Podcast Summary Today we talk through how to think about your own wealth. The listener should be asking themselves a simple question: How are you thinking about the wealth YOU are creating? Resources From Today’s Episode Colleen Gillam-Judd, CFP IG Wealth Management Double Your Accounting Firm Colleen Gillam-Judd We welcome Colleen, a Certified Financial Planner, at IG Wealth Management on today’s show.

article thumbnail

A Second Look at Wholesale Payroll

Insightful Accountant

Murph takes one of his second look at a payroll program designed for accountants, bookkeepers and consultants wanting to offer payroll to their clients.

Payroll 105
article thumbnail

Building the Next Superapp with David Barrett, CEO of Expensify

Cloud Accounting Podcast

David is a lifelong programmer who founded Expensify in 2008 and built it into the most popular "pre-accounting" platform on the planet. Hear David's vision for the New Expensify, in which every payment is a conversation. Meet Our Guest: David Barrett, CEO of Expensify [link] Learn more about Expensify [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!

article thumbnail

Budget variance definition

Accounting Tools

Related Courses Budgeting Capital Budgeting What is a Budget Variance? A budget variance is the difference between the budgeted or baseline amount of expense or revenue and the actual amount. The budget variance is favorable when the actual revenue is higher than the budget or when the actual expense is less than the budget. In rare cases, the budget variance can also refer to the difference between actual and budgeted assets and liabilities.

article thumbnail

Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

article thumbnail

7 Best Ways To Reduce Cloud Costs With Cost Management Tools

Economize

Discover effective strategies to curb your escalating cloud costs with our insightful guide, "7 Best Ways To Reduce Cloud Costs With Cost Management Tools".

article thumbnail

7 Ways to Protect Your Small Business from Cyberattacks

Insightful Accountant

biBERK COO Rakesh Gupta provides an inside look at how (and why) you need to keep your company’s digital footprint on its toes.

105
105
article thumbnail

QuickBooks Online Vs. QuickBooks Hosting: Learn Which One is Better?

Ace Cloud Hosting

Small and medium-sized businesses rely heavily on the accounting software to keep their finances in order. QuickBooks is of the most popular accounting software that has been around for over.

article thumbnail

How to calculate the effective interest rate

Accounting Tools

Related Courses Excel Formulas and Functions Financial Analysis Introduction to Excel The effective interest rate is the usage rate that a borrower actually pays on a loan. It can also be considered the market rate of interest or the yield to maturity. This rate may vary from the rate stated on the loan document, based on an analysis of several factors; a higher effective rate might lead a borrower to go to a different lender.

article thumbnail

Automation, Evolved: Your New Playbook for Smarter Knowledge Work

Speaker: Frank Taliano

Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.