Sat.Mar 23, 2024 - Fri.Mar 29, 2024

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Tax season so far: Looking for answers

Accounting Today

Taxpayers are accessing the IRS website much more this year than last to find the answers they need, with more than 410 millions visits through March 15.

Tax
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Xero invoicing: how we’re building a smarter, more flexible future

Xero

We recently announced that we’ll be retiring the older version of our invoicing product — classic invoicing — on 2 September 2024. We know you have plenty of questions and concerns about this change, so we thought we’d share an update on what’s happening behind the scenes. The good news: our teams are busy building a new invoicing product that is going to give you far more flexibility and customisation in the future, with beautiful checkout experiences and unlimited payment methods.

professionals

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Social Media Strategies for Business Growth in the Digital World | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

We are thrilled to announce that Episode 15 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

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Intuit partners with The Farmlink Project to address climate change and combat food waste

Intuit

Intuit has joined forces with The Farmlink Projec t , a nonprofit organization dedicated to redirecting unsold fresh produce to underserved communities. The joint initiative resulted in over 8 million meals delivered to communities in Los Angeles and prevented over 9 million pounds of food from going to waste since 2023. In addition, more than 13,000 tons of CO2e emissions have been avoided since 2023 with this collaboration, which is equivalent to taking almost 3,000 gasoline-powered vehicles o

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8 Ways to Torture Your CFO

The office of the CFO is rapidly evolving, with more and more demands being placed upon the finance and accounting team each year. Join us in this webinar, where we share 8 things to NOT do when it comes to helping the CFO office advance in supporting the business. Learning Objectives: This course objective is to understand how best to support an organization's finance leadership.

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The biggest decisions young accountants have to make

Accounting Today

Experts share what young accountants should look for in a firm and how to approach their careers.

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Understanding Dimensions in Dynamics 365 Business Central vs. Segments in Dynamics GP (Great Plains)

Fidesic blog

If you are using Microsoft Dynamics GP and moving to Dynamics 365 Business Central, Dimensional Accounting is one of the major differences you will encounter in your accounting processes. Dimensional accounting has become a standard process available in many contemporary accounting software and ERP solutions. In this post we give a basic definition of Dimensional accounting and then give a rundown on how Business Central Dimensional accounting is different from Dynamics GP processes.

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Top Remote Accountants for Hire | March 29, 2024

accountingfly

Top Remote Accounting Candidates This Week Are you struggling to hire remote accountants? Accountingfly is ready to partner with you. With Always-On Recruiting , you can gain full access to a pool of highly skilled and experienced remote accountants. Plus, there’s no up-front cost! Below is a small selection of our available top accounting candidates this week.

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Foundational skills for young accountants

Accounting Today

Experts highlight tech savviness and strong communication as key skills for early-career accountants.

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Predictions for Post Election Tax Law Changes

Insightful Accountant

The Senate Finance Committee recently held a hearing to discuss Biden’s proposed budget and tax law changes and tax pros are now speculating what those proposals may mean for the rest of 2024.

Tax
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Mastering Cash Reconciliation: Process, Best Practices, and Automation Tips

Accounting Department

Balancing the books in any retail enterprise can be a nerve-wracking task. For small business owners and retail managers, ensuring that cash in the register matches the sales receipts is not just about maintaining financial accuracy – it's the linchpin of trust in your business and a crucial safeguard against fraud or operational errors. This comprehensive guide takes you through the intricate yet critical process of cash reconciliation, offering you a clear path to financial vigilance, operatio

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How to Streamline Payment Applications & Lien Waivers Through Innovative Construction Technology

Speaker: Dylan Secrest, Founder of Alamo Innovation and Construction Digital Transformation Consultant

Construction payment workflows are notoriously complex when you consider juggling multiple stakeholders, compliance requirements, and evolving project scopes. Delays in approvals or misaligned data between budgets, lien waivers, and pay applications can grind progress to a halt. The good news? It doesn't have to be this way! Join expert Dylan Secrest to discover how leading contractors are turning payment chaos into clarity using digital workflows, integrated systems, and automation strategies.

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P2P Transformation: Valentina Smirnova’s Insights into AXA Partners’ Journey

Cevinio

Discover invaluable insights and experiences from Valentina Smirnova, as she shares her leadership journey in transforming AXA Partners. Gain valuable perspectives on finance transformation and effective change management strategies.

AP
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IRS encounters Form 1065 processing glitches

Accounting Today

The Internal Revenue Service has posted new information about how to handle possible processing errors when electronically filing Form 1065, "Return of Partnership Income," and ways to avoid them.

Tax
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Practicing Efficiency: The Power of One-Piece Flow in Your Workflow

Insightful Accountant

Have you ever heard of one-piece flow? The concept of one-piece flow stands as a beacon of efficiency. Ben Coleman explains one-piece flow and how to apply it to our daily work routines.

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Is it time to start repaying your EIDL?

Reconciled Solutions

Is it time to start repaying your EIDL? Here's what you need to know about the deferment period coming to an end. The post Is it time to start repaying your EIDL? appeared first on Reconciled Solutions.

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Precision in Motion: Why Process Optimization Is the Future of Manufacturing

Speaker: Jason Chester, Director, Product Management

In today’s manufacturing landscape, staying competitive means moving beyond reactive quality checks and toward real-time, data-driven process control. But what does true manufacturing process optimization look like—and why is it more urgent now than ever? Join Jason Chester in this new, thought-provoking session on how modern manufacturers are rethinking quality operations from the ground up.

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Podcast | Knowledge as a factor of accuracy and productivity in accounts payable

Cevinio

Welcome to “Knowledge as a factor of accuracy and productivity in accounts payable, the podcast” with Pavel Voronin, Knowledge & Training Lead at Cevinio [.

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Is there room for number crunchers?

Accounting Today

Is the age of the bookkeeper coming to an end? Is the payroll specialist an endangered species? Are the days of the tax preparer who focuses on basic 1040s numbered?

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Why Bookkeepers must finely tune their tech skills

Insightful Accountant

Bookkeepers need cloud computing, AI, and automation to enhance service levels. These tools enable quicker and more efficient completion of tasks, ultimately improving overall performance. Read more about it here!

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Your Guide to Singapore Business Structures and Common Mistakes

Counto

Your Guide to Singapore Business Structures and Common Mistakes Choosing the right business structure in Singapore is a critical decision for entrepreneurs, with implications for liability, taxation, and operational flexibility. However, amidst the excitement of starting a new venture, it’s easy to overlook important considerations and fall prey to common pitfalls.

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AI In Accounting: A Practical Roadmap For Smarter AP

Speaker: Gerald Ratigan

The accounts payable (AP) function is evolving and AI is leading the charge. As finance teams face rising invoice volumes and expectations for speed and accuracy, AI-powered automation has shifted from a futuristic concept to the most practical solution. But for finance leaders, success isn’t just about selecting the right tools, it’s about implementing the right strategy.

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Do Audit Opinions Matter? A Discussion with Professor Ed Ketz

Cloud Accounting Podcast

Professor Ed Ketz of Penn State joins the show to discuss audits' current state and future. We delve into the relevance of audits and explore the value of unqualified opinions in making audits meaningful. The discussion also touches on the overstandardization of audit reports and how this can lead to investor misunderstandings. Professor Ketz brings a unique perspective, sparking a debate on whether the existence of the unqualified opinion creates value rather than the content within.

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MassCPAs finds DEI problems in accounting profession

Accounting Today

The Massachusetts Society of CPAs released a report that identified widespread racial and ethnic disparities in the profession.

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Intuit builds "Done-for-you" Tax Model based on AI

Insightful Accountant

In our attempt to bring you more International Coverage welcome an "International Pro's Perspective". Sholto Macpherson brings a fresh perspective on the Accounting Tech.

Tax
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3 Reasons Why a Cashless Society is Inevitable?

Invoicera

Introduction Entering the 21st century, it’s hard to imagine that you can still conduct transactions without physical currency. That might not be the case in the future, though, as we move toward an era when traditional forms of exchange could become less common and businesses deal exclusively with digital transactions. A society without physical currency is becoming an inevitability as electronic payments and online money transfers become increasingly popular across the globe, particularly in u

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You upgrade everything else. Why not your close process?

You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes? It’s time for an upgrade. SkyStem's Guide to Month-End Close Software walks you through what today’s best tools can do (and what your team shouldn’t have to deal with anymore). Get smart, fast, and a whole lot less stressed when it’s time to close the books.

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A Sizable Portion of Accountants See No Use Case for AI

Cloud Accounting Podcast

Blake and David look at the potential impact of AI on the accounting profession and discuss how AI tools like ChatGPT can boost productivity by automating tasks, improving communication, and assisting with problem-solving. They also examine the implications of these efficiency gains on the billable hour, predicting that firms will need to adapt their pricing strategies as a result.

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Auditors want better work-life balance, compensation and career development

Accounting Today

A negative outlook on work-life balance is one of the most important factors driving people away from the auditing profession.

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QuickBooks Monday Minute | Recurring Transactions

Insightful Accountant

Recurring transactions, a feature in QuickBooks Online, is a powerful tool that can save you time and effort. It automates the creation of transactions that you frequently enter, ensuring consistency and accuracy.

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7 Steps to Improve Accounts Receivable Management by Accounts Receivable Outsourcing

Outsourced Bookeeping

An effective accounts receivable process is essential for preserving financial stability and a healthy cash flow in today’s changing corporate environment. Nevertheless, many businesses have difficulties that impede their efforts to manage AR, including resource limitations, inconsistent invoices, and late payments. Businesses are increasingly using accounts receivable outsourcing as a strategic strategy in response to these difficulties.

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Stop Budget Burnout: A Better Way to Grow Your Nonprofit in 2026

Speaker: Sean Yoder

Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth. Enter collaborative budgeting: a dynamic, team-driven process that enables smarter resource allocation and builds financial resilience at scale.

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Breaking into Tech and Payments

Plooto

How did you end up in a role in technology? My journey into tech has been shaped by a profound interest in both financial systems and innovation. Over the past five years, I've been deeply entrenched in the dynamic landscape of the tech industry, particularly specializing in the realm of payments. However, my career trajectory has been far from linear, marked instead by a diverse array of experiences that have enriched my perspective.

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Art of Accounting: Taking your practice to next level

Accounting Today

Growing a firm is difficult, but not growing it could be more difficult.

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Calculating Your ROI Per Employee

Insightful Accountant

The changing landscape in the tax industry means firms are facing changes at a faster pace than ever. In addition to rapid technology changes, staffing challenges are prevalent and clients are demanding more value-added services than ever.

Tax
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Smarter Way to Hire, Output Thinking, and Removing Yourself w/ John Seiffer

Jetpack Workflow

Podcast Summary In this episode of the Growing Your Firm podcast, host David Cristello welcomes John Seiffer, a seasoned business owner and remote CEO, to discuss the concept of Output Thinking and its application in team management. John, a business coach and former president of the International Coach Federation , shares insights on how to make managing teams easier by focusing on visible, measurable outputs.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te