Xero

APRIL 13, 2023

Our team hit the ground running in 2023, introducing a number of exciting features to new reports that we know you’ve been waiting for — including the addition of foreign currency to new reports. Here are some of the highlights and a sneak peek into what’s coming next. Don’t forget, the older versions of our reports will be retired on 31 July 2023. We urge you to start using new reports now , so you have plenty of time to get used to them before the older versions are retired.

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XERO General Ledger Bank Reconciliation Budgeting 325

Fidesic blog

APRIL 13, 2023

You may have recently heard that Microsoft Dynamics GP and Business Central on-premise will no longer be sold to new customers after 2026. In this post we will discuss the situation with GP and what is possible. We are offering information, not advice. If you need advice on your Dynamics GP future, it's a good idea to check in with your GP consultant.

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Ascend Software blog

APRIL 11, 2023

As businesses grow and expand, their financial processes become increasingly complex and time-consuming. To keep up with the demands of day-to-day operations, many organizations turn to Enterprise Resource Planning (ERP) systems like Workday Financial Management to manage their financial data.

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AP Accounts Payable Accounts Payable Accounting 246

Intuit

APRIL 10, 2023

“Our vision is taxes done for everyone: any way, any time, any tax situation, any device.” Varun Krishna, Executive VP and GM Intuit Consumer Group This year’s tax season is a timely case in point. Intuit is experimenting with a new AI-driven express lane experience for filers of simple tax returns that’s enabling a select group of customers to complete their taxes in as little as 10 minutes with its TurboTax mobile app.

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Tax 246

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.

Accounting

Xero

APRIL 10, 2023

Over the next couple of weeks, we’ll be rolling out some changes to the search function in Xero. The functionality will stay the same, but you’ll notice it looks a little different. Like many of the changes we’ve rolled out across our platform lately, this is part of our commitment to ‘ Building on Beautiful ’ — which is about continuously making changes in Xero so we can stay ahead of the latest technologies, standards and ways of working in your business or practice.

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XERO Purchase Order Payroll Invoicing 256

Accounting Department

APRIL 12, 2023

Capital budgeting involves analyzing, evaluating, and prioritizing investment decisions for large-scale projects that typically require significant capital from a business. This could include new office or warehouse space, fixed assets, or real estate. Capital budgeting provides businesses with a way to determine the best use of capital to increase the overall value of a business - a strategy that is useful to businesses of all sizes.

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Budgeting 203

Ascend Software blog

APRIL 13, 2023

Ascend AP Automation, a Workday Select Partner for AP Automation and leading provider of accounts payable automation solutions, is pleased to announce a new partnership with Stormloop Technologies, a consulting firm specializing in Workday Financial Management. The partnership aims to help Workday Financial Management customers optimize and streamline their ERP processes through the use of Ascend AP Automation's cutting-edge technology and Stormloop Technologies' expert consultancy services.

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AP Accounts Payable Accounts Payable Invoice Processing 130

Xero

APRIL 11, 2023

Gone are the days when you need to sit at the desk to get those pesky admin jobs done. With our suite of mobile apps, you have real-time information about your business or practice at your fingertips, and can tick off those smaller tasks on the go. We’ve recently dialled up enhancements to our mobile apps, making it easier than ever to work from anywhere.

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XERO Bank Reconciliation Purchase Order Invoicing 247

Accounting Department

APRIL 13, 2023

Growth comes for businesses sometimes when least expected and it could easily catch them off guard and unprepared when the company still has manual processes in place.

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Accounts Payable Accounts Payable Accounting Accounting 182

ProsperOps

APRIL 14, 2023

AWS Fest is a FREE virtual event on May 3rd for cloud customers managing their workloads on AWS. The summit offers the most innovative and comprehensive real-life problem-solving topics affecting cloud. The event on May 3rd will focus on AWS compute. It’s a fun event for anyone in the AWS community. There will be live prize giveaways and magical entertainment too!

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Computation 130

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.

Intuit

APRIL 10, 2023

For decades, technology has propelled the global economy. Nations are using technology in meaningful ways to develop sectors and create future cities. Now India is considered a knowledge powerhouse and has become the centre of global attraction. The exponential growth of technology has powered the nation’s economic growth too. While there’s a lot of innovation going on in India—and the rest of the world—some technologies are anticipated to be game-changers in 2023.

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Computation Customer Service 100

Xero

APRIL 12, 2023

It wasn’t that long ago that you needed to take out a credit card and enter the number every time you wanted to pay for something online. Today, you can instantly complete purchases in a few clicks, like Amazon’s ‘buy now’ express button. This is an early example of embedded finance — one of the top fintech trends that is changing the way people use and move money.

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XERO Invoicing Financial Services Accounting Software 246

Insightful Accountant

APRIL 9, 2023

Check out some of the cool customization features you can use with the icon bar, complements of internationally renowned ProAdvisor Esther Friedberg Karp.

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QuickBooks 116

ProsperOps

APRIL 14, 2023

A few weeks ago I published an educational blog on how to maximize Reserved Instance and Savings Plan savings when workload patterns are cyclical. Today, I’m excited to announce the ProsperOps platform has added Advanced Cyclical Optimization Support, which fully implements the concepts described in that blog post. Autonomous, Optimized Coverage for Cyclical Workloads Prior to today, ProsperOps had limited support for cyclical workload patterns, and our ability to cover “above the cycle trough”

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Computation 130

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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.

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Future Firm

APRIL 12, 2023

Ready to set your accounting firm apart from the rest? In today’s episode, learn how you can stand out from other accounting firms and charge more while providing added value to your clients. Listen below. 0:34 – In this episode, I discussed how labeling and monthly packages devalue accounting services and create competition among firms. 1:15 – Many accounting firms use a 3-tiered approach with Gold, Silver, and Bronze plans, but the issue lies in labeling services as a list of

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Accounting Accounting 98

CSI Accounting & Payroll

APRIL 11, 2023

For many small business owners, having a trusted accountant by your side can feel like a great burden has been lifted off your shoulders. The right accountant can help you stay on top of deadlines and provide expert financial advice. However, many business owners wait to hire an accountant until after an issue arises, such as falling behind on taxes, filing for an extension, or becoming swamped with bookkeeping or payroll tasks.

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Payroll Accounting Accounting Bookkeeping 98

Insightful Accountant

APRIL 10, 2023

Intuit is launching a rest-of-world app store as part of the QuickBooks Ecosystem to help app developers build apps to meet the growing demands of SMBs and accountants globally.

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QuickBooks Accounting Accounting 98

Cloud Accounting Podcast

APRIL 12, 2023

We’re joined by Heidi Henderson, EVP at Engineered Tax Services, for our weekly roundup of news at the intersection of accounting and technology. Topics include: How the IRS plans to spend $80 billion over the next 10 years; the top five TikTok tax myths; security issues with AI chatbots; CLA voices support for MNCPA’s 150-hour alternative; why revenue is up 20% in the top 100 firms, and more!

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Tax CPA Auditing Accounting 98

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.

Tipalti

APRIL 11, 2023

Are international ACH transactions (IATs) the best global payment method? Learn how global ACH works and how it differs from international ACH transfers.

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Enterprise Recovery

APRIL 14, 2023

Accuracy and details are crucial when invoicing business clients on retainer or for goods or services provided by your company. In fact, there are some attributes that can be added to invoices to prompt early payment or at least reduce the risk of late payments. Use these invoicing best practices so your B2B clients pay on time.

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Invoicing Accounts Receivable Accounts Receivable Account Receivables 74

Insightful Accountant

APRIL 10, 2023

Employee recognition is an important element in ensuring employee satisfaction, especially in accounting firms, where juggling a lot of tedious financial tasks for clients can be daunting.

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Accounting Accounting 94

Accounting Tools

APRIL 13, 2023

Related Courses Construction Accounting Fixed Asset Accounting How to Audit Fixed Assets What is Capitalized Interest? Capitalized interest is the cost of the funds used to finance the construction of a long-term asset that an entity constructs for itself. The capitalization of interest is required under the accrual basis of accounting , and results in an increase in the total amount of fixed assets appearing on the balance sheet.

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Accruals Record Keeping Auditing Accounting 75

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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!

Accounting

Outsourced Bookeeping

APRIL 12, 2023

Every business operation requires an essential aspect known as the order-to-cash cycle. It is a process that initiates with an order received from a customer and ends with the successful collection of payment from them. Accounts receivable management and payment collection from customers are crucial steps in this cycle. Optimize Your Order-To-Cash Cycle With These 4 Accounts Receivable Tips To increase business efficiency and enhance cash flow , it is crucial to streamline the accounts receivabl

Accounts Receivable 59

Accounts Receivable Accounts Receivable Account Receivables Outsourced Bookkeeping 59

Ontrack Bookkeeping

APRIL 10, 2023

Your employees who choose to opt into KiwiSaver cannot opt out. Only new employees you are automatically enrolled in KiwiSaver can opt out. Requests to be opted out after 8 weeks (57 days) are LATE OPT OUT REQUESTS. How your employee requests a late opt-out Employees will need to send their KiwiSaver late opt-out request to Inland Revenue. Approving a late opt-out request Inland Revenue must approve the late opt-out requests.

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Payroll Tax 59

Insightful Accountant

APRIL 13, 2023

The bi-annual 'Global Crisis and Resilience Survey' takes a deep dive into why you need to anticipate and respond to disruption proactively—not only to survive, but to thrive.

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Accounting Tools

APRIL 13, 2023

Related Courses Budgeting Capital Budgeting Many organizations prepare budgets that they use as a method of comparison when evaluating their actual results over the next year. The process of preparing a budget should be highly regimented and follow a set schedule, so that the completed budget is ready for use by the beginning of the next fiscal year.

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Budgeting Financial Software 75

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!

Accounting

Dext

APRIL 14, 2023

Dext wins Great Place to Work Canada award 2023

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CloudZero

APRIL 14, 2023

A major problem led Amazon to introduce Cost Explorer and Cost and Usage Reports. Many Amazon Web Services (AWS) users were overspending on services they couldn't quite identify.

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Insightful Accountant

APRIL 12, 2023

The seventh annual "401(k) Plan Benchmark Report" shows the leading industries for 401(k) plans, with accounting professionals at the top of the list.

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Accounting Accounting 97

Accounting Tools

APRIL 12, 2023

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook What is the Cash Basis of Accounting? The cash basis of accounting is the practice of recording revenue when cash has been received, and recording expenses when cash has been paid out. The cash basis is commonly used by individuals and small businesses (especially those with no inventory ), since it involves the simplest accounting.

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Accruals Financial Statements Accounting Accounting 75

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.

Accounting