LedgerDocs

JULY 13, 2023

Every successful business has been built on the back of a strong accounting and bookkeeping team. A strong financial team should be instrumental in ensuring that the books are accurate, the business is remaining compliant with tax regulations and is profitable and they are leading the charge in financial decision-making. But to create such successful bookkeeping requires planning, strategic hiring, and creating an environment that encourages collaboration and personal development.

Accounting 78

Accounting Accounting Bookkeeping Financial Analysis 78

Accounting Today

JULY 11, 2023

Leaders of the Senate Finance Committee are sending an open letter seeking input from experts, stakeholders and interested parties about how to adjust the rules for digital assets.

Tax 246

Tax 246

Accounting Department

JULY 13, 2023

This article recaps the important role of inventory management in e-commerce and the vital ways it helps businesses control costs and improve customer relationships.

Accounting 208

Accounting Accounting 208

Xero

JULY 13, 2023

Sempar Accountancy and Tax have been crowned the Xero Mid-size Firm of the Year at the 2023 Xero Awards for UK and Ireland. This award recognises their innovative practice and unwavering commitment to delivering exceptional client service. We take a look at what sets Sempar apart, and how the firm has helped their clients achieve their business goals.

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XERO Tax Accounting Accounting 199

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

Fidesic blog

JULY 11, 2023

Is your organization highly mission focused? This webinar is for you. Healthcare, Non-Profits, Dental & Long Term Care professionals, check it out.

Accounting 219

Accounting Accounting Accounts Payable Accounts Payable 219

Accounting Today

JULY 12, 2023

The Internal Revenue Service has been sending out erroneous balance due notices demanding taxpayers in federal disaster areas pay up, even though they're supposed to get extra time.

Collections 246

Collections Tax 246

Accounting Department

JULY 11, 2023

BILL has rolled out BILL balance, a new way to pay vendors!

Billing 130

Billing Accounts Payable Accounts Payable Accounting 130

Fidesic blog

JULY 13, 2023

Microsoft Partners, We have launched a 6-question poll series exclusively on LinkedIn to find out where how the Dynamics GP Community is preparing for 2028 and Beyond. Check out and follow #2028andBeyondPoll for the current question.

AP 130

AP Accounting Accounting 130

Accounting Today

JULY 12, 2023

The Institute of Management Accountants' chair for fiscal year 2024, Richard Brady, is helping the organization as it transitions from its longtime president and CEO, Jeff Thomson, to a new one, Mike DePrisco.

Management Accounting 246

Management Accounting Accounting Accounting 246

Insightful Accountant

JULY 9, 2023

Liz Scott shows us how the recently launched feature in QuickBooks will help accountants keep track of important financial information such as revenue, expenses and cash flow.

QuickBooks 83

QuickBooks Accounting Accounting 83

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.

Accounting Tools

JULY 14, 2023

Related Courses New Manager Guidebook What is the Organic Organizational Structure? An organic organizational structure is characterized by an extremely flat reporting structure within an organization. In this organization, the span of control of the typical manager encompasses a large number of employees. Interactions among employees tend to be horizontally across the organization, rather than vertically between layers of managers and their direct reports.

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Reconciled Solutions

JULY 13, 2023

Profit First asserts that we need to flip the generally accepted accounting principle for profit around. Here's why it works. The post A New Formula For Businesses To Follow In Pursuit Of Profit appeared first on Reconciled Solutions.

Reconciling 53

Reconciling Accounting Accounting 53

Accounting Today

JULY 13, 2023

Mayor Michelle Wu's proposal is the latest example of a city seeking to address the challenges of remote work hitting downtowns and a lack of affordable residences.

Tax 245

Tax 245

Insightful Accountant

JULY 12, 2023

Have you gotten an email saying your ProAdvisor status expired June 30, even though you passed recertification? Well, I did.

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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.

AP

Accounting Tools

JULY 14, 2023

Related Courses How to Conduct a Compilation Engagement How to Conduct a Review Engagement How to Conduct an Audit Engagement What is an Adverse Opinion? An adverse opinion is a statement made by an entity’s outside auditor , that the entity’s financial statements do not fairly represent its results, financial position , and cash flows. The opinion may also be issued if certain required disclosures do not accompany the financial statements, or if the entity has not prepared its financial stateme

Financial Statements 75

Financial Statements Auditing Accounting Accounting 75

Billing Platform

JULY 14, 2023

After you’ve fulfilled your end of the transaction, you want and need to receive funds as quickly as possible; however Automated Clearing House (ACH) payments can take hours or even days to clear. In today’s digital era, waiting for funds to become available is quickly becoming a thing of the past. This is where advanced digital payments and enterprise payment solutions come into play.

Customer Service 52

Customer Service Billing Accounting Accounting 52

Accounting Today

JULY 13, 2023

A Senate investigation has concluded that major tax software providers have been sending sensitive personal information to tech companies like Meta and Google.

Tax 246

Tax 246

Insightful Accountant

JULY 12, 2023

Continuing with his 'Clues about Top 100 2024' series, Murph examines what another award recipient's formal application reveals about the 'quest for the best.

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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.

Accounting Tools

JULY 14, 2023

Related Courses Accounting for Inventory How to Audit Inventory What is Net Realizable Value? Net realizable value is the estimated selling price of goods, minus the cost of their sale or disposal. It is used in the determination of the lower of cost or market for on-hand inventory items. The deductions from the estimated selling price are any reasonably predictable costs of completing, transporting, and disposing of inventory.

Accounts Receivable 75

Accounts Receivable Accounts Receivable Account Receivables Financial Statements 75

NextProcess

JULY 14, 2023

There are a ton of business process automation (BPA) software solutions on the market. Search for “AP Automation Software,” and you’ll find hundreds of results. With so many options, how can you narrow down your choices if you want to improve your business processes? One of the biggest potential benefits of automating business processes is that the software makes it easier to create an end-to-end solution for the procure-to-pay cycle.

Budgeting 52

Budgeting Accounts Payable Accounts Payable AP 52

Accounting Today

JULY 12, 2023

U.S. prosecutors and IRS agents are looking to build cases against individuals suspected of illegally taking advantage of breaks that lured crypto traders and fund managers.

Tax 234

Tax Auditing 234

Insightful Accountant

JULY 13, 2023

'The Unique CPA Conference 2023' unites accounting professionals seeking to enhance their careers and contribute to the advancement of the accounting profession.

CPA 81

CPA Accounting Accounting 81

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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

Accounting Tools

JULY 13, 2023

Related Courses Accountants’ Guidebook Bookkeeping Guidebook Fixed Asset Accounting Capital expenditures are for fixed assets , which are expected to be productive assets for a long period of time. Revenue expenditures are for costs that are related to specific revenue transactions or operating periods, such as the cost of goods sold or repairs and maintenance expense.

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Computation Bookkeeping Budgeting Tax 75

AvidXchange

JULY 14, 2023

The AvidXchange Supplier Network helps businesses like yours get paid as quickly and securely as possible, offering real-time visibility into payment status via our self-service AvidPay Network for Supplier Portal. If you’re unfamiliar with AvidXchange and what we do, look no further. This article will share all you need to know about working with us.

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Deposits AP Invoicing AR 52

Accounting Today

JULY 13, 2023

A draft of legislation aims at reducing double taxation for employees and businesses involved in cross-border investment between the two countries

Tax 246

Tax 246

Insightful Accountant

JULY 9, 2023

Insightful Accountant Publisher Gary DeHart and RLJ Financial Services' Caleb Jenkins talk "Scaling New Heights 2023." Check out the latest edition of the Accounting Insiders' podcast.

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Accounting Accounting Financial Services 73

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

Accounting Tools

JULY 12, 2023

Related Courses Cost Accounting Fundamentals What is an Unfavorable Variance? An unfavorable variance is encountered when an organization is comparing its actual results to a budget or standard. The variance can apply to either revenues or expenses , as noted below. Unfavorable Revenue Variance When the amount of actual revenue is less than the standard or budgeted amount.

Budgeting 75

Budgeting Budgeting Manager Cost Accounting Accounting 75

AvidXchange

JULY 14, 2023

Construction is facing an unprecedented labor shortage. The aging workforce, a longstanding issue in the industry, was exacerbated as many older workers chose retirement during the pandemic. Now, according to the Associated General Contractors of America (AGC), businesses are struggling to find workers with relevant job skills to fill open positions.

AP 52

AP Accounts Payable Accounts Payable Accounting 52

Accounting Today

JULY 14, 2023

Plus, AuditFile relaunches Advantage Audit as AuditFile Advantage Audit AI; JustWorks releases JustPayroll; and other accounting technology news.

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Auditing Accounting Accounting 246

Insightful Accountant

JULY 11, 2023

In this edition of Advisor Alliance, Murph introduces the benefits and rewards of becoming a Partner with Finale Inventory.

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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