Sat.Jun 17, 2023 - Fri.Jun 23, 2023

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The Surviving “Busy Season Accounting” Guide

Future Firm

Busy season accounting can in many ways seem unavoidable, but it can be manageable with the right approach. In this post, I’ll lay out 10 simple tips your firm can implement to keep yourself sane and to avoid you from working long hours during the busiest time of the year. Table of Contents Why Does Busy Season Accounting Happen? 10 Tips to Master the Busy Season 1.

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Small firm, big impact: Tennick Accountants win hotly contested Xero Award

Xero

You win, or you learn – that’s one of Tennick Accountants’ internal mottos, and one that encouraged the firm to put themselves in the running and enter the 2023 Xero Awards UK & Ireland. For Graeme Tennick and his team that belief paid off, with the firm taking home the Small Firm of the Year award, the most hotly contested category of the programme.

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A North Star for the Next Generation of Women Technologists

Intuit

By day, I work as a Senior Software Engineer on the Intuit TurboTax team. I spend the rest of my time as one of the co-founders of Code With Her , a San Diego-based 501(c)(3) non-profit. Code With Her’s mission is to close the gender, diversity, and socio-economic gaps in tech. It’s an issue that’s close to my heart. As an Indigenous Chamoru woman from the island of Guam, being in the tech industry transformed my life beyond my parents’ wildest dreams.

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FP&A is More Than Just Traditional Accounting

Accounting Department

Every savvy business leader knows the value of having a well-run bookkeeping or accounting department. But, not everyone is aware of how important it is today to have a financial planning and analysis (FP&A) team to help back their business with effective and accurate financials. While both accounting professionals and FP&A team members guide executive decision-makers and improve an organization's financial health, each one serves a different, critical function within the company.

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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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Fidesic's Dynamics GP Commitment - 2028 and Beyond

Fidesic blog

At Fidesic we are happy to share our unwavering commitment to helping Microsoft Dynamics GP users excel and stay contemporary with tools for the future.

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Our support for women’s football through the better numbers program

Xero

Millions of people around the world, myself included, are beyond excited in anticipation of the FIFA Women’s World Cup 2023 in July and August and Xero is incredibly proud to be a FIFA Women’s Football Partner. While we’ll all be caught up in the excitement of the tournament, it’s important to keep in mind the legacy – the enduring benefit – we can create from this moment in time.

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More Trending

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Let Teachers Teach and Relieve the Pressures of Admin Tasks

Compleatable

“As a teacher in a small rural primary school, I have responsibility for my class budget and the three subjects I lead. Much of my non-contact time is spent on stock-taking, researching purchases, ordering resources and managing invoices and receipts, rather than thorough book-marking, producing detailed plans for differentiated lessons or creating engaging resources for my pupils.” Does this sound familiar?

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The Best Integration Apps for Law Firms for Quickbooks Online

SLC Bookkeeping

Law firms face new challenges every day as technology advances and security becomes more and more important. With the new remote work environment, it is essential that workflow processes keep up with the changes. This equates to eliminating manual work, maximizing performance, and helps to strengthen case victories.

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How to get support as you make the switch to new reports

Xero

There’s now a little over a month to go before old reports in Xero are retired. Our new reports are packed with powerful customisations that will help you get quick access to answers and streamline your financial analysis. As you finish up your work in old reports and prepare for the big day, it’s a good idea to understand where you can find information on new reports and get support from our team if you need a hand.

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Bookkeeping Course for Job Seekers

Intuit

Table of Contents What is a bookkeeping certificate or badge? Do you need a certificate or badge to be a bookkeeper? How to get a bookkeeping certificate? Intuit Academy Bookkeeping course What jobs can I get with a bookkeeping certificate or Intuit Academy Badge? Verdict – Is a bookkeeping certificate worth it? Unlock Your Career Potential: Bookkeeping Course for Job Seekers Bookkeepers play a huge role in keeping small and large businesses up-to-date with their finances.

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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 Extract Data From PDF Documents

Nanonets

The Portable Document Format (PDF) is the go to file format for sharing & exchanging business data. You can view, save and print PDF files with ease. But editing, scraping / parsing or extracting data from PDF files can be a big pain. For example, have you ever tried to extract text from PDFs , extract tables from PDFs or make a flat PDF searchable ?

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CLA Summer Internship Underway

Insightful Accountant

CliftonLarsonAllen LLP has kicked off its high school summer internship program in 15 select cities across the country with 60 students chosen from more than 400 applicants.

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Save the date: Xerocon London 2024

Xero

This week the UK welcomes another year of Glastonbury – the five-day music festival like no other, where world class acts take to the stage to perform in front of hundreds of thousands of dedicated festival goers, all of whom have overcome the odds to secure themselves a ticket to one of the most famous events on the planet. So in the spirit of Glastonbury, what better week to announce the Save the Date for our own version, a Glastonbury for accountants and bookkeepers: Xerocon London 2024.

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How to Start a Tax Preparation Business from Home

Intuit

Table of Contents Who Can Be a Professional Tax Preparer? What Do I Need to Start a Tax Preparation Business? Steps to Starting a Tax Preparation Business Other Career Opportunities for Work From Home Tax Jobs Benefits of Becoming a Tax Expert With Intuit Apply for Tax Associate or Tax Expert Jobs How to Start a Tax Preparation Business From Home Tax preparation can be a rewarding career, especially if you work on your own terms.

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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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Improve Your QuickBooks Online Experience: Explore Its Settings

Reconciled Solutions

QuickBooks Online is more flexible than you may think. Here are a few QuickBooks settings that will enhance the way you use the site. The post Improve Your QuickBooks Online Experience: Explore Its Settings appeared first on Reconciled Solutions.

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How Do I Pay Myself in Owner's Compensation? How Much, When, and Which Method?

CSI Accounting & Payroll

Running a business is a lot of work, and you deserve a paycheck! Whether you're just getting started or need to do a periodic check-in on your pay, owner's compensation is important. However, because of this, a lot of small business owners don't know how to get it right. At CSI Accounting & Payroll, we've worked with small businesses for over 50 years.

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Small Businesses See Gains from Outsourcing HR

Insightful Accountant

In this ADP Workforce News Minute, ADP's Kristen Appleman explains why retaining and developing top talent are more important than ever. Check out the video here.

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How to Handle Clients That are Out of Scope

Enterprise Recovery

When it comes to dealing with B2B clients, it's important to approach any potentially negative situation with a proactive mindset. When you understand why clients may ask for more than your agreement, you can better anticipate and prepare for potential roadblocks. Whether it's negotiating with clients to find a mutually beneficial solution or knowing when it's time to end the relationship, there are strategies you can use to ensure a successful project outcome.

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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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What the creative services industry needs from their bookkeepers

Reconciled Solutions

At Reconciled Solutions, one of the niche industries that we love to work with is the Creative Services Industry. I recently had the opportunity to. The post What the creative services industry needs from their bookkeepers appeared first on Reconciled Solutions.

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4 Finance Tips for Small Business Owners

CSI Accounting & Payroll

Many small business owners may admit that finances aren't their strong suit. Entrepreneurs like you tend to be “big picture” people that tackle big problems and develop big visions. “Big picture” people, however, typically don’t like to stare at financial spreadsheets, spending hours entering expenses by hand. Unfortunately, this is necessary to keep a small business going.

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SuiteWorld Returning to Las Vegas in October

Insightful Accountant

Oracle NetSuite once again will host SuiteWorld this year in Las Vegas, Oct. 16-19. A virtual 'On Air' version of the event also will be available to participants.

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Working capital turnover ratio definition

Accounting Tools

Related Courses Business Ratios Guidebook Working Capital Management What is the Working Capital Turnover Ratio? The working capital turnover ratio measures how well a company is utilizing its working capital to support a given level of sales. Working capital is current assets minus current liabilities. A high turnover ratio indicates that management is being extremely efficient in using a firm's short-term assets and liabilities to support sales.

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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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Record-keeping Best Practices: Organizing Financial Records for Tax Purposes

Outsourced Bookeeping

Effective tax planning and compliance rely heavily on maintaining accurate records. In this piece, we delve into the significance of proper record-keeping for tax-related reasons and discuss the optimal techniques to achieve it. We explore the significance of keeping organized financial records , offer advice on effective tax planning, and highlight the advantages of utilizing professional bookkeeping and accounting services.

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How to convert handwritten images or documents to text?

Nanonets

Even in the digital age, many of us are comfortable jotting ideas using pen and paper. But what if you need to convert these handwritten notes to digital, editable text? Manually writing it down is okay if you have a short note, but if you find yourselves doing it frequently, it’s time to use a handwriting to text converter. Handwriting to text tools use OCR technology to convert handwritten documents into editable text within seconds.

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Warehouse Wednesday: Finale Inventory

Insightful Accountant

This week's Warehouse Wednesday features an inventory solution you can see while attending 'Scaling New Heights 2023.

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Types of accounting

Accounting Tools

Related Courses Bookkeeping Guidebook CFO Guidebook New Controller Guidebook What are the Types of Accounting? There are several types of accounting that range from auditing to the preparation of tax returns. Accountants tend to specialize in one of these fields, which leads to the different career tracks noted below. Financial Accounting Those in the financial accounting field are concerned with the aggregation of financial information into external reports.

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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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How To Find Affiliate Marketers

Tipalti

Affiliate marketers can play a pivotal role in building and expanding your brand. Learn the best ways to find affiliate marketers and how to retain them with streamlined payables.

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Move the Needle for Your Business by Mentoring Your Team

Brigade

Once you have hired a team member, mentorship is key. If your team isn’t confident in what they are doing and feel like they are not able to talk to someone or ask questions, then they are just treading in deep water. At Brigade, we have quarterly meetings, which usually last between 1 ½ to 2 hours with each team member discussing their work life and also how their personal lives are going.

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Woodard. Tabs Deborah Defer as Director of CAAS Consulting Services

Insightful Accountant

In her new role, Deborah Defer will lead Woodard’s efforts in providing comprehensive assessments, practice strategy/design and implementation support to Top 200 CPA firms in the US.

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Commercial substance definition

Accounting Tools

Related Courses Accountants' Guidebook Fraud Examination Fraud Schemes What is Commercial Substance? A business transaction is said to have commercial substance when it is expected that the future cash flows of a business will change as a result of the transaction. A change in cash flows is considered to be when there is a significant change in any one of the following (not including tax considerations): Risk A transaction can have commercial substance when there is risk , such as experiencing a

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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.