Sat.Apr 15, 2023 - Fri.Apr 21, 2023

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How this plasterer laid the foundations for a booming construction business

Xero

Since he was young, Johnno Green has had a penchant for construction. So one day when a guest speaker at his high school came looking for apprentice plasterers, he knew he’d found his break. Johnno cut his teeth working on residential builds before the Global Financial Crisis hit the housing market (and his employers), forcing a pivot into the commercial sector.

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Directions NA 2023 Recap

Fidesic blog

Directions North America is a conference for Microsoft Partners by Microsoft Partners. In preperation of this major event in the Dynamics Community, Fidesic hosted a series of Live Streams on LinkedIn. Let's recap.

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Building Inclusion: Empowering confidence through religious accommodations

Intuit

Religion is often perceived as an off-limits topic for workplace discussion. At Intuit, we want to create an environment where our employees can feel comfortable talking about the things that are important to them, including what they believe. Our aim is to be respectful of people’s choices and support their practices. We have two faith-based employee resource groups (ERGs) that provide a community for their members while also offering valuable insight into the needs of our employees and how we

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Opportunity Cost Defined

Accounting Department

Opportunity cost is a concept in business that refers to the value of the best alternative forgone in order to pursue a certain action or decision. It is a crucial element to consider when evaluating the benefits and drawbacks of various options, particularly in business.

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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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How apps can make it simple to take climate action in your business

Xero

More and more businesses are focusing on sustainability, and for good reason. Not only do many small business owners personally feel it’s important to play a role in protecting the environment, doing so is proven to have a positive impact on their bottom line. We understand that taking the first steps toward sustainability in your business can feel overwhelming.

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DevOpsDays Austin

ProsperOps

Join ProsperOps on the floor at DevOpsDays Austin taking place May 4-5 at the Etter-Harbin Alumni Center on the UT Austin campus. Visit us at our table to snap a selfie with ProsperBot, grab some cool swag, and discuss cloud cost optimization with our team! We’ll be raffling off a grand prize at the end of the conference you won’t want to miss!

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How to Find the Perfect Bookkeeping Service for Your Amazon E-commerce Business

Accounting Department

In the fast-paced world of e-commerce, effective financial management is key to achieving long-term success for your Amazon business. Bookkeeping services play an essential role in handling your financial transactions, ensuring accuracy, and assisting you in making informed decisions. This article delves into the process of finding the perfect bookkeeping service for your Amazon e-commerce business and the factors to consider when making your selection.

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What the future could bring for e-invoicing

Xero

When we look at a technology that has massive future potential, while already sitting firmly in the here and now, it’s hard to go past e-invoicing. The ability to send and receive invoices directly between accounting systems (and eliminate the need for manual, error-prone PDFs sent via email) offers some very exciting benefits. E-invoicing is in various stages of adoption around the world, with some governments either mandating or supporting it as a core part of the invoicing process.

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DevOpsDays Austin

ProsperOps

DevOpsDays Austin May 4-5, 2023 Etter-Harbin Alumni Center (UT Austin Campus) Get to know ProsperOps in our hometown at DevOpsDays Austin! Join ProsperOps on the floor at DevOpsDays Austin taking place May 4-5 at the Etter-Harbin Alumni Center on the UT Austin campus. Visit us at our table to snap a selfie with ProsperBot, grab some cool swag, and discuss cloud cost optimization with our team!

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Powering prosperity through customer-driven innovation

Intuit

Whether that means deploying next-generation digital strategies across Roblox and the metaverse, or partnering with viral YouTube star Mr. Beast , the NFL , or the LA Clippers for the team’s new technology-forward arena, the Intuit Dome , Intuit is meeting our customers where they are to find the solutions they need. We are deeply aware that economic opportunity is still not universally available.

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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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Accelerate Your Accounts Payable with Automated Invoice Processing

Ascend Software blog

In today's fast-paced business environment, companies are constantly seeking ways to increase efficiency, reduce costs, and stay competitive. One area where businesses can make significant improvements is in their accounts payable (AP) processes, and automated invoice processing is at the forefront of this transformation.

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Six reasons to come and visit us at Accountex 2023

Xero

It’s nearly time for Accountex 2023, and we’re excited to see many of you across the two days. This is our tenth year exhibiting at Accountex, and the buzz of the event and opportunity to connect in person never gets old. It’s been a tough year for many of you across the accounting and bookkeeping industry – supporting clients through turbulent economic times, whilst facing your own challenges.

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IA Rewind: QuickBooks Desktop 2023 Product Summary

Insightful Accountant

September 6, 2022 was the day Intuit's QuickBooks Accountant Leader Ted Callahan announced as the release of the QuickBooks Desktop 2023 line-up to ProAdvisors and Accountants. Murph provided a summary of what's new.

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10 Signs Your Small Business is Ready for Accounting Services

CSI Accounting & Payroll

As a small business owner, you may think that you can’t afford an accounting service - and for many new businesses with low financial activity, this might be true. However, once you've established some growth, think about how long it takes to do your accounting activities on a daily, weekly, monthly, quarterly, and yearly basis. Is it still a valuable use of your time?

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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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A First Look at Our Long-Awaited Feature: Multi-Account Management

Dext

Our very own Head of Platform and Growth, Mustafa Roomi, shares some exciting and highly-anticipated product news. Hello, I’m Mustafa, and I head up our platform and growth areas as part of the Dext product team. I’ve been at Dext for just over six years, and announcing this brings me a whole lot of joy.

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10 useful apps to help Kiwi small businesses kick off FY24

Xero

With FY24 officially upon us, now is the perfect time for small business owners to take stock, and look at what tools you can leverage to become more efficient and effective in the new year. All so you can spend more time doing what matters most. This is where the Xero App Store comes into play. With an ecosystem of more than 1,000 connected apps you can plug into Xero, they can help manage everything from automated invoicing and reporting, through to cash flow forecasting and financial service

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How Finance & Collections Teams Can Help Their Companies Survive During a Recession

Gaviti

To effectively tackle a recession, it’s essential to understand the economic factors that contribute to it. In the recession we are currently experiencing, interest rates and inflation rates are playing a major role. This blog post will explore various strategies that finance and collections teams can adopt to better handle issues that might arise from these recent unyielding interest rate increases.

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AI in Accounting: A Guide Written by Artificial Intelligence

Future Firm

Artificial intelligence in accounting is currently transforming the industry. In this article, you’ll: See concrete examples of how AI is currently being used in the profession How you can start using AI in accounting right now Understand the benefits and risks of AI Plus more… And by the way, since this article is about AI, the remainder of it, with our guidance, will be written by AI An explanation at the end of this article describes how AI was used to produce this post.

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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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Accounting Fraud Indicator Signals Economic Trouble

Cloud Accounting Podcast

The M-Score is warning that the chance of fraud is the highest in over 40 years; Did KPMG fail to issue a critical audit matter for Silicon Valley Bank?; The spreadsheet apocalypse, revisited; Former startup founder charged by prosecutors for defrauding JPMorgan Chase; EY split fails; watch out for AI voice cloning scams; and more! Sponsors ShareFile - [link] Relay - [link] Client Hub - [link] Chapters (00:00) - Preview: Incentives to allow fraudulent users (00:52) - Introduction and welcome to

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Fixing QuickBooks Desktop Product License Errors

Insightful Accountant

When you can't install or register your product because your license or product numbers don't match your subscription or activation code.

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How to set up users in QuickBooks Online

Reconciled Solutions

QuickBooks Online allows you to give multiple users access to your account. Here’s how to set up users in QuickBooks Online. Adding employees to your. The post How to set up users in QuickBooks Online appeared first on Reconciled Solutions.

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Navigating an Audit by the Canada Revenue Agency: What Documents Are Needed?

LedgerDocs

Being selected for an audit by the Canada Revenue Agency (CRA), might leave you feeling overwhelmed, stressed and uncertain about what you need to do. Although the prospect of being audited may be scary and intimidating, having the right documents and information ready can help make the process smoother. The first thing to understand is that the CRA is entitled to review all financial records from the period under review.

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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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How to Identify What’s Draining Your Small Business Budget

Nolan Accounting Center

When you’re just getting started in the small business world, you may find yourself overwhelmed by all of the advice you’re given. Even if you’ve been in business for a while, it’s hard to know what will work and what won’t. In fact, even some experienced business owners tend to rely on outdated practices that yield little to no ROI. Many of these practices actually may be draining your small business budget.

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Canopy Adds ChatGPT into the Mix

Insightful Accountant

The new function will be released in a beta mode with select customers on April 26 with the expectation of rolling it out to Canopy’s full customer base in May.

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Is Email Marketing Really Dead? Amiee Keenan Weighs In

Fidesic blog

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Why SaaS Companies Need Debt Collection Services

Enterprise Recovery

A typical services contract requires a retainer or ongoing payments. Businesses selling software-as-a-service (SaaS), or anything else "as-a-service," rely on monthly or annual fees from subscribers. If those subscribers fail to meet their obligations, their accounts can be sent to collections for recourse. Non-payer churn is one of many reasons that Saas companies need debt collection services.

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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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Cash basis vs. accrual basis

Accounting Tools

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook The Difference Between the Cash Basis and Accrual Basis of Accounting The cash basis and accrual basis of accounting are two different methods used to record accounting transactions. The core underlying difference between the two methods is in the timing of transaction recordation. When aggregated over time, the results of the two methods are approximately the same.

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Having Payroll Problems Due to Business Verification Lock-out?

Insightful Accountant

QuickBooks Payroll customers are reporting being locked-out of QuickBooks Payroll Services, including Direct-deposit, even for do-it-yourself Desktop subscribers.

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The Future of Payroll Management: How Technology is Changing the Landscape?

Outsourced Bookeeping

Today, technology is revolutionizing the way businesses handle their payroll management and bookkeeping responsibilities. Employers can now take advantage of outsourced bookkeeping services, use cloud-based accounting software, and leverage AI to automate time-consuming tasks. The Future of Payroll Management: How Technology is Changing the Landscape?

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Here’s What Business Process Automation Is and Is Not

NextProcess

It’s impossible to ignore the role of automation in today’s world. Along with the rise of automation comes understandable concerns. For example, many wonder if automated programs can do people’s jobs, will that take away employment opportunities from real people? On the other hand, there’s also curiosity about how big of a help automation can be. For example, you might ask, if I implement business process automation (BPA) software, will it fix all the problems in my Procure-to-Pay cycle?

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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.