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

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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.

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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.

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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.

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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.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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.

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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.

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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.

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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.

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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.

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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.

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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.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

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.

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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?

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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.

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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.

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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.

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The Definitive Guide to Spend Management

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.

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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.

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

Enterprise Recovery

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.

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QuickBooks Without Limits – Anywhere, Anytime with No Location Restrictions

Ace Cloud Hosting

What has DNA got to do with accounting. DNA holds within it a secret of resilience and sustainability, constantly evolving over time. The same way, accounting firms must also move.

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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.

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

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.

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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.

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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.

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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.

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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.

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Your New & Improved Month-End Close Process Is Not So Far Out of Reach!

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!

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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.

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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!

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Mastering Blog Content Marketing: A Comprehensive Guide

Economize

Discover the power of blog content marketing in our comprehensive guide. Dive deep into its vital role in the inbound marketing strategy, its benefits for B2B companies, and practical steps to craft an effective content strategy. This guide also sheds light on SEO techniques to optimize your blog content, the importance of tracking and analytics, and much more.

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Existing Compliance, Controls Processes Struggle to Add Organizational Value

Insightful Accountant

A new FloQast study shows that reinvestment in program strategy, staffing and adoption of technology can help organizations navigate turbulent economic times.

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Putting the ‘Tech’ in Spend Management Techniques

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!

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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.

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Data Extraction from PDFs into Airtable

Nanonets

Introduction to Airtable Airtable is a versatile tool that integrates the simplicity of a spreadsheet with the power of a database, and has dramatically altered the landscape of collaborative work. With its unique functionality and user-friendly interface, Airtable allows for more effortless organization and management of tasks, team collaboration, and data tracking, resulting in improved efficiency and productivity.

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Digital Payments: Revolutionizing Transactions for Enterprises

Billing Platform

Is cash still king? A quick search provides compelling arguments for both sides of this coin. One thing, however, is certain – digital payments are on the rise. According to a recent report published by Global Market Estimates , the global digital payments market is projected to grow from USD 83.1 billion in 2023 to a whopping USD 188.2 billion by 2028.

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Intuit Offering Bootcamp for ProAdvisor Certification/Recertification

Insightful Accountant

Intuit is conducting a June 13-15 Bootcamp, which provides ProAdvisors with certification and recertification prep courses for both Core-level and Advanced-level examinations.

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Global Accounting Principles and Commission Capitalization

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.