Sat.Dec 03, 2022 - Fri.Dec 09, 2022

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Get your NZ payroll fit for the festive season

Xero

As we near the end of the year and begin to wind down for the summer break, it’s a good time to make sure you’ve got your payroll sorted. We get asked lots of payroll questions around this time of year so here are the answers to the most common ones. How do I pay my employees all their holiday pay? It’s not possible to pay out holiday pay as such. The holiday pay figure in Xero shows 8% of an employee’s total gross earnings for their current anniversary year.

Payroll 220
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Client Accounting Services: The Complete Guide

Accounting Department

When business owners are first starting out, they usually do not have the time or resources to keep track of their finances. This is where client accounting services come in. Client accounting services can help companies manage their finances, keep track of their spending, and plan for the future.

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Tax pros blast IRS's 'nearly nonexistent' priority phone service

Accounting Today

Tax 305
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Why Digital Technology is Crucial to an Accounting Firm’s Success

Plooto

For accounting firms , the changing business landscape, clients' evolving needs, and constant introduction of new technology coming to market can seem overwhelming. Help has arrived! We've created the following guide explaining the leading technologies, their impact on the accounting industry, and the accountant’s daily tasks.

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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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Thanks for joining us at the New Zealand Roadshow 2022

Xero

As the New Zealand Roadshow 2022 – Tiny Edition comes to a close, we reflect on an incredible six months on the road. . We visited 28 locations across Aotearoa, travelled over 7000 kms, hosted 112 events, and served over 800 coffees from our tiny home. . It’s been a whirlwind few months, and we’re feeling grateful for the opportunity to get together with so many of our partners and customers. .

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Leave The Dated ERP Systems Behind and Grow With NetSuite

Accounting Department

It's not uncommon for newer small and medium-sized businesses to experience spikes in business in their first few years as their products or services catch on. With those spikes, business owners may quickly realize that the accounting systems in place are inadequate when it comes to handling higher workloads.

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5 Things Dimensions Can Do That Regular Tagging Can’t

CloudZero

“Perfect tagging” is a little bit like perfectly tuning a piano. It takes an enormous amount of manual effort to get right, it’s never truly perfect, and the slightest change in the surrounding environment can throw it out of harmony. The closer an organization wants to get to perfect tagging, the more engineering resources they have to invest in it — frequently at the expense of more impactful, innovation- and product-oriented projects.

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International Volunteer Day: Every effort can make a difference to our environment

Xero

Today, Monday 5 December, is International Volunteer Day – a great opportunity to reflect on how we are making a difference in our communities. The global theme for this year’s International Volunteer Day is Solidarity through volunteering. For the future of our planet, we must act together and we must act now. This is not an era to stand alone but together, in solidarity with each other.

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4 Signs Your B2B Collections Policy Isn't Working

Enterprise Recovery

The objective of an effective collections policy is to ensure that clients pay on time. The policy will also determine what happens when the client doesn't pay within the timeframe of their payment terms. When your business is struggling with cash flow or falling behind on collecting what's owed, it could be a sign that the policy needs updating. Here are signs that your B2B collections policy isn't working.

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IRS offers guidance on wage and apprenticeship rules for green tax credits

Accounting Today

Tax 273
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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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How to Control Your Cash Position and Reduce Customer Churn with SaaS Metrics

Sage Intacct

For SaaS CFOs , guiding the direction of their company is a lot like someone steering a massive ship. The ship itself is so much larger than the person controlling it that it seems almost shocking that they can exert so much influence over the vessel's direction and trajectory.

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Thrive’s founder on how sustainability can help businesses achieve impact and profit

Xero

Small business owners and entrepreneurs can feel like they face immense pressure to not only drive profits, but take positive action for our planet as a whole. . While these aren’t mutually exclusive, owners with a huge amount on their plates face a real challenge in understanding how they can achieve both. . B-Corp certified accounting practice Thrive is on a mission to help tech start-up clients achieve this balance, ensuring they’re successful across people, planet and profit.

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Reduce the Complexity and Costs of Your Prior Authorization Process

SSI Healthcare Rev Cycle Solutions

Reduce the complexity and costs of your prior authorization process [Webinar]. ​The path to quicker, more accurate prior authorizations + ask the experts! Live webinar: Thursday, December 15, 2022 2:00 pm CT. Prior authorization is not only one of the most time-consuming aspects of all revenue cycle transactions, but it is also one of the leading causes of claim denials, according to a recent report by the American Hospital Association (AHA).

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International tax authorities target sales tax scammers

Accounting Today

Tax 265
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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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CFOs Recognize Hybrid Work as ‘More Affordable’ Business Model, Survey Shows

AvidXchange

The pandemic permanently shifted how and where we work. This has become clear as companies sell corporate office parks, reconfigure existing office space and opt not to renew office leases. Some are calling this trend The Great Repurposing. While this shift initially appeared to be in response to employee demand, chief financial officers (CFOs) are now recognizing hybrid and remote work as a strategy to help cut overhead costs.

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International Volunteer Day: Contributing to our communities

Xero

Monday 5 November was International Volunteer Day, which is all about celebrating the power and potential of contributing to the communities in which we live and work. It’s also about raising awareness on the important role volunteers play in responding to challenges facing the world. At Xero, we actively encourage volunteering through our Community Connect program, which gives all employees one fully paid day each year to volunteer for a cause that’s important to them.

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M5 Instance Types 101: The Definitive Guide For 2022

CloudZero

Amazon’s Elastic Compute Cloud (EC2) service provides a variety of virtual machines (instances) for compute workloads. Among those, Amazon EC2 M5 instances are among the most versatile.

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Talent attraction and succession planning seen as top risks in 2023

Accounting Today

Auditing 265
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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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Hiring Challenges for Accounts Payable

MineralTree

Our recent 2022 State of AP report confirmed what finance leaders have known for quite some time: labor-intensive processing tasks are overwhelming AP departments without enough employees to help. Despite the pain, their workload continues to grow, with more companies processing greater payment volumes now than last year. It used to be that teams would solve this problem by adding more headcount, but in today’s economic and business climate that’s no longer a viable solution.

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Clarative Accounting is building for the future with construction clients

Xero

The events of 2020 and the years since have forced us all to change in some way or another. Many changed how we work, our long-term goals, and most importantly, how we prioritise what’s important to us. . This was certainly the case for Carly Shaw from Clarative Accounting. During the pandemic, Carly made the difficult decision to move away from her nearly-18 years as an employee in practice to set up her own firm.

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Accounting, Profit First, and faking it ‘til you make it

Reconciled Solutions

Angie and Mary discuss best practices, worst practices (here’s to you, Elon Musk), and the Profit First business accounting model. The post Accounting, Profit First, and faking it ‘til you make it appeared first on Reconciled Solutions.

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CPAs, remote productivity and the move to contract workers

Accounting Today

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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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Kubernetes Observability 101: Tools, Best Practices, & More

CloudZero

Many companies are rapidly adopting cloud-native computing services, like containers, microservices, and serverless computing. Unlike monolithic applications, these technologies rely on distributed architectures.

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How Automated Workflows Can Speed Up Expense Approvals

Spenmo

Approvals are a huge bottleneck to processing employee expense reimbursements. Without a foolproof corporate expense policy , it can take days or weeks before an employee is reimbursed. As a result, employees often feel reluctant to spend out of their pockets to drive projects to completion. Fortunately, there are ways to reduce delays in processing time or remove them altogether.

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5 QuickBooks Online Tasks You Should Do Before January 1

Reconciled Solutions

December always goes by so quickly. Seems like you’ve just finished Thanksgiving dinner and it’s time to ring in the New Year. You could probably. The post 5 QuickBooks Online Tasks You Should Do Before January 1 appeared first on Reconciled Solutions.

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Audit firms turning more to outside specialists for help

Accounting Today

Auditing 256
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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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The Benefits of Using Payment Disbursement and Accounts Payable Automation Software

NextProcess

Every company has expenses. You’re paying employees, paying for products and services, replacing office equipment, and many other routine expenses. Managing regular payments for salaries, utilities, product invoices, and other expenses becomes more challenging as your company grows. A disbursement management solution and accounts payable automation software enable more control over cash flow.

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Skills Modern-Day Accountants Need to Equip Themselves With

Analytix Finance & Accounting

Accounting plays a critical role in any business’s financial health and overall sustainability. Therefore, it is important to understand how this field adapts to emerging changes. This is especially important with regard to technological advances around the world and across industries. Why is tech adaptation an essential skill for accountants? Online reports say the Accounting Software Market was valued at USD 12.01 billion in 2020.

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Prepare your inventory for the holiday season

Ontrack Bookkeeping

The holiday season is without a doubt the busiest time of year for many retail businesses. It’s a great opportunity to showcase all that you have to offer and bring in new products to see how they do. But, the excitement probably wears off when you think about managing all that inventory. Don’t despair. With a bit of preparation you can manage your inventory during the holiday season, and glide through this hectic time with ease.

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Top cybersecurity considerations for accounting firms

Accounting Today

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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.