Sat.Feb 03, 2024 - Fri.Feb 09, 2024

article thumbnail

Outsourced Client Accounting Services in an E-Commerce World

Accounting Department

In the past few years, there has been a significant surge in the growth of e-commerce businesses. With the emergence of new companies and the adaptation of brick-and-mortar stores to online platforms, the demand for online purchasing is being met through various online sales channels.

article thumbnail

Cloud access raising tech costs for firms

Accounting Today

Costs to access and connect with certain cloud-based solutions have been increasing, leading to higher technology costs for accounting firms.

professionals

Sign Up for our Newsletter

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

article thumbnail

Metrics Advisor: Net Retention

Insightful Accountant

Are you calculating 'Net Retention' to determine the health of the subscription-based businesses you advise? If not, you should be.

100
100
article thumbnail

Growing with Intuit

Intuit

At Intuit, we believe that growth is a beautiful thing, not only for our company but for our employees as well. That’s why we’re thrilled to announce that Intuit was recently recognized as one of Canada’s Best Workplaces for Professional Development. This honor is followed by another recent accolade, being named on the Forbes list of Canada’s Best Employers 2024.

130
130
article thumbnail

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.

article thumbnail

Have You Outgrown QuickBooks? | Webinar Presented by goVirtualOffice and AccountingDepartment.com

Accounting Department

Have you or your clients outgrown Quickbooks or a related solution? Need to streamline the process of handling operations? Stuck in an old system that is slowing down growth? Then this session is for you. Join Jennie Hoffman of AccountingDepartment.com and Chrissy Allard of goVirtualOffice as they take you through the signs that you have outgrown your current systems and tell the stories of businesses that have harnessed the power of an ERP.

article thumbnail

IRS warns tax pros about new EFIN scam

Accounting Today

The Internal Revenue Service issued a warning about a new scam email this tax season pretending to come from tax software providers asking for the preparer's Electronic Filing Identification Number.

Tax 323

More Trending

article thumbnail

QuickBooks Hosting FAQs: Answers to Your Burning Questions 

Ace Cloud Hosting

Hosting QuickBooks Desktop Software can empower businesses with the flexibility of remote access, added security, and scalability. However, not everyone can understand the insights into QuickBooks Hosting and how they.

article thumbnail

The Philosophy Behind Training Remotely | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

We are thrilled to announce that Episode 12 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

article thumbnail

Minority CPAs deterred by 150-hour rule

Accounting Today

The 150-hour requirement for obtaining a CPA license has led to a decline in Black and Latino CPAs of up to 26%, according to a research study.

CPA 358
article thumbnail

Leap into AI this Leap Year

Fidesic blog

Join us on Leap Year Day! Are you empowering yourself with AI? Let's talk AI for Microsoft Dynamics ERP. How to take the AI reigns for the accounting department and learn about AI tools available in the Azure ecosystem.

article thumbnail

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.

article thumbnail

Meet 2023 Top 25 Up-N-Coming ProAdvisor Kassandra Degus

Insightful Accountant

We sat down with Kassandra to get her thoughts on being a Top 25 Up-N-Coming ProAdvisor, her journey, path to success, and how she’s a support system for her clients.

106
106
article thumbnail

Why Singapore is the Preferred Choice for Foreign Companies and Entrepreneurs

Counto

Why Singapore is the Preferred Choice for Foreign Companies and Entrepreneurs Singapore has long been a magnet for foreign companies and entrepreneurs seeking growth opportunities in Asia. Renowned for its strategic location, business-friendly policies, and robust legal and tax frameworks, Singapore continues to attract ventures of all sizes. Let’s explore why this dynamic city-state is the top choice for businesses looking to establish a foothold in the region.

article thumbnail

FinCEN proposes rule to crack down on real estate money laundering

Accounting Today

The Treasury Department's Financial Crimes Enforcement Network hopes to deter money laundering in the residential real estate industry with a newly proposed rule.

article thumbnail

Fidesic Launches New Product Suite Model for Dynamics ERP Accounts Payable

Fidesic blog

Fidesic is simplifying how accounting pros solve their specific AP pain points with à la carte accounts payable solutions for Microsoft Dynamics GP or D365 Business Central.

article thumbnail

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.

article thumbnail

What ProAdvisor Award Applicants are Saying about Apps

Insightful Accountant

Thought you might be interested in some preliminary information about what the 2024 'Domestic' (US) ProAdvisor Applicants are telling Insightful Accountant about their 'App' experiences.

article thumbnail

The 9 Best Accountant Soft Skills to Master

Future Firm

Accountant soft skills are an often overlooked component of building a successful firm and career. Learn where to start in this article. The post The 9 Best Accountant Soft Skills to Master appeared first on Future Firm.

article thumbnail

Employer tax credit crackdown could hit industry — if it passes

Accounting Today

A provision paying for breaks for parents and business owners has earned widespread praise, but an expert says financial advisors should be on alert.

Tax 311
article thumbnail

2024 GST Rate Change – Common Questions Asked

Counto

2024 GST Rate Change – Common Questions Asked Singapore implemented its second GST rate change on 1st January 2024, and the transition from an 8% GST rate to a 9% rate posed several questions and considerations for businesses. In this blog post, we will address some of the most common questions surrounding this GST rate change and provide insights on how to navigate them effectively. 1.

article thumbnail

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.

article thumbnail

Acumatica Making Biggest Modernization in Company History

Insightful Accountant

During Acumatica's 2024 Summit, Mikhail (Mike) Shchelkonogov, the company's Chief Technical Officer told those attending that they were in the process of making the biggest technological modernization in Acumatica history.

100
100
article thumbnail

K3s vs. K8s: Breaking Down the Differences and Deciding When to Use Each One

finout

Explore the differences between K3s and K8s to choose the right container orchestration solution. Discover which suits your needs best in this dynamic container orchestration world.

FinOps 98
article thumbnail

IRS updates 1099-K guidance for tax season

Accounting Today

The Internal Revenue Service revised its frequently asked questions on the Form 1099-K to alleviate confusion this filing season.

Tax 319
article thumbnail

Top 9 Features of CCH ProSystem fx Tax Software (Along With Cloud Benefits)

Ace Cloud Hosting

Doing taxes can be really tough for CPA and accounting professionals during tax seasons. Piles of confusing papers and problems works together. Some people still use old-fashioned tax software that.

Tax 86
article thumbnail

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!

article thumbnail

ProAdvisor Program Grace Period Ends February 18, 2024

Insightful Accountant

ProAdvisor Program tier requirements go fully into effect on February 18, 2024, are you ready. It's not too late to let Intuit know what your thinking, they have an official feedback website for just that purpose.

101
101
article thumbnail

Cash voucher definition

Accounting Tools

What is a Cash Voucher? A cash voucher is a standard form used to document a petty cash payment. When someone wants to withdraw cash from the petty cash fund, that person fills out the cash voucher to indicate the reason for the withdrawal, and receives cash from the petty cash custodian in exchange. If the person requesting cash is doing so because he or she wants reimbursement for an expense they already paid for from their own funds, then they should also staple the relevant receipt from the

article thumbnail

The 20 worst states for saving

Accounting Today

The local environment for debt and income, cost of living, housing, and taxes can make a big difference when it comes to putting away money.

Tax 300
article thumbnail

How CPAs’ Daily Schedule Should Look Like for Maximum Productivity in Tax Season 2023

Ace Cloud Hosting

Tax season hits hard for CPAs, piling on the pressure with its relentless deadlines and mountains of work. The struggle to keep up often leads to burnout and a feeling.

Tax 85
article thumbnail

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!

article thumbnail

Meet 2023 CAS/BPO ProAdvisor Award Winner : Jessica Fox

Insightful Accountant

We sat down with Jessica to get her thoughts on being the 2023 CAS/BPO ProAdvisor Award Winner, her journey, her path to success, and how she delivers 5-star service to her clients.

98
article thumbnail

Accounts payable controls

Accounting Tools

What are the Accounts Payable Controls? Accounts payable controls are used to mitigate the risk of losses in the payables function. Payables controls are aggregated into three general categories, which are verifying the obligation of the business to pay, entering the payables data into the computer system, and paying suppliers. The controls are described below.

article thumbnail

Treasury, IRS project billions more in revenue from IRA

Accounting Today

A new analysis forecasts a higher return on investment from the Inflation Reduction Act of 2022, but only if the funding isn't reduced.

Tax 300
article thumbnail

Building a Bank for Accountants and Small Businesses

Cloud Accounting Podcast

Yoseph West joins Blake and David to examine Relay Financial's background and their ambition to solve banking problems by becoming a bank themselves, designing the ideal user experience, and overcoming regulatory challenges. West also outlines Relay's redesigned accountant partner program, its many benefits, and upcoming features like receipt capture.

article thumbnail

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.