Sat.Aug 12, 2023 - Fri.Aug 18, 2023

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How Do I Move QuickBooks To The Cloud?

Ace Cloud Hosting

Managing financial data can be a significant headache for businesses in today’s data-driven world, especially when keeping QuickBooks Desktop software updated and secure. The traditional desktop version of QuickBooks can.

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Tech News: OpenEnvoy guarantees 100% accuracy in data extraction

Accounting Today

OpenEnvoy guarantees 100% accuracy in data extraction; Boast AI unveils universal data ingestion feature; and other news and updates from the accounting technology arena.

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Summit 2023 - AI Session and Hanging on the Expo Floor

Fidesic blog

We are excited to be back at Summit NA in Charlotte and can’t wait to meet up with the network IRL. Booth #1646, We’ll be at the expo all 3 days!

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Future-Proofing Your Business: Strategic FP&A for Long-term Success

Accounting Department

In today's rapidly evolving business landscape, it is crucial for organizations to future-proof their operations to ensure long-term success. One of the key pillars of achieving this is strategic financial planning and analysis. By effectively managing your financial resources and leveraging data-driven insights, you can position your business to navigate uncertainties and capitalize on emerging opportunities.

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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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The importance of community football

Xero

When I moved back to Melbourne in 2017 after 15 years living overseas, I joined the Glen Eira football club as a volunteer because it’s a great way to meet people and it’s really rewarding. At the club we live by our motto which is “football for all”. We have wheelchair football, we have all abilities football, we have walking football, we have Go SoccerMums for women to have a kick around while their kids are at training to promote staying active.

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BDO to create ESOP with $1.3B credit deal

Accounting Today

It's not a private equity deal, says CEO Wayne Berson — it's private credit to realign the firm's debt and fund a powerful benefit for its employees.

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Top 5 Benefits of an ERP with goVirtualOffice

Accounting Department

At AccountingDepartment.com, we strive to provide our clients with the top software solution options and work with some of the best technology partners out there. When it comes to implementing NetSuite, we turn to goVirtualOffice and offer their NetSuite implementation services to our clients.

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What Is Provisioning? A Simple Guide For 2023

CloudZero

Your IT infrastructure, resources, and components play a crucial role in your system performance, security, and overall health. Provisioning is often one of the very first steps toward setting up the right environment for your workload requirements - both locally and in the cloud.

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How accounting is taking on the challenges of fraud

Accounting Today

IRS warnings about a "wave of summer scams" and new business rules designed to combat fraudulent claims for refundable credits are among the latest developments.

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Difference Between QuickBooks Pro Plus, Premier, and Enterprise

Ace Cloud Hosting

Intuit’s QuickBooks is a top contender when choosing the right accounting software. However, different versions are available within the QuickBooks ecosystem, each catering to specific business needs and requirements. Among.

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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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ADC's Bill Gerber Inducted into the Marquis Who's Who Biographical Registry

Accounting Department

We are proud to announce that ADC co-founder, Bill Gerber, has been inducted into the prestigious Marquis Who's Who Biographical Registry!

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How Much Does Twitter Spend On AWS And Google Cloud?

CloudZero

It's been a rollercoaster ride at Twitter recently. News of layoffs with "50% higher than legally required" severance pay has dominated the news. But Twitter’s new owner, Elon Musk is also trying to optimize cloud infrastructure costs.

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On the move: Marcum gala raises $860K

Accounting Today

Boomer Consulting presents Bridging the Gap awards; Grant Thornton appoints slew of market managing partners; and more news from across the profession.

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Is SMB Media the Next Piece of QuickBooks' B2B Network?

Insightful Accountant

Murph predicts that the day is coming when both QBO and QuickBooks Desktop users will exchange orders, sales, funds, marketing and reporting data via a network of connectivity Intuit is building in the cloud.

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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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Things to Know About Small Business Payroll

Nolan Accounting Center

Due to the size and demands of the company, larger corporations have separate departments to handle processes including inventory management, bookkeeping, budgeting, payroll, and more. However, business owners learn quickly that they are limited with time and resources with these functions, especially small business payroll. Payroll is one of the most time-consuming small business processes.

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Document Management Trends: Navigating the Future of Organization and Efficiency

LedgerDocs

The digital landscape is shifting rapidly as many businesses move aspects of their operations online and document management is no exception. The way businesses manage important documents is undergoing a transformative shift. Document management was once synonymous with filing rooms and cabinets filled with disorganized paper clutter, but has now turned into a dynamic field of opportunity powered by technological innovation.

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Withum interns volunteer 225 hours for National Intern Day

Accounting Today

In recognition of National Intern Day, interns from Top 100 Firm Withum volunteered at local organizations and nonprofits across the United States.

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IRS Set to Go Paperless by 2025

Insightful Accountant

The Internal Revenue Service says its new Paperless Processing Initiative will cut processing times in half and expedite refunds by several weeks.

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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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Beat the House: Tax Strategies to Offset Gambling Winnings

Earmark Accounting Podcast

From tracking gambling sessions to offsetting winnings with losses, professional gamblers and enthusiasts alike need to know how to beat the house when it comes to taxes. Join Certified Public Accountant Zak Zimbile, owner of a remote CPA firm specializing in gambling taxation, as he breaks down federal and state requirements for reporting gambling income.

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7 Best OfficeTools Alternatives for Accounting Firms

Jetpack Workflow

OfficeTools is an accounting practice management solution used by several accounting firms. However, their feature-rich platform often presents firm owners with more issues than advantages. If you’re looking for a more streamlined and efficient practice management or accounting workflow management tool, there are other options on the market. This article highlights 7 fantastic OfficeTools alternatives that accounting professionals can consider when they’re ready to make the switch.

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IASB completes two new standards

Accounting Today

Two major sets of changes are on their way, plus the board has released amendments regarding reporting on currencies that can't be exchanged.

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A Peek at NetSuite 2023R2: A/P and Bill Capture Enhancements

Insightful Accountant

Murph begins a series of 'peeks' into the new features and functionalities on the way in the 2023 Release 2 update to NetSuite. Here, he looks at A/P and Bill Capture enhancements.

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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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A Guide to Invoice Approval Workflow Automation

Nanonets

Automating Invoice Approval Workflows Invoice approval is a crucial step in managing the financial operations of any business. It involves verifying the accuracy and legitimacy of incoming invoices before they are paid, and then disbursing payments to vendors in time.  Traditionally, this process has been manual and time-consuming, often leading to errors and delays.

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7 Best OfficeTools Alternatives for Accounting Firms

Jetpack Workflow

OfficeTools is an accounting practice management solution used by several accounting firms. However, their feature-rich platform often presents firm owners with more issues than advantages. If you’re looking for a more streamlined and efficient practice management or accounting workflow management tool, there are other options on the market. This article highlights 7 fantastic OfficeTools alternatives that accounting professionals can consider when they’re ready to make the switch.

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PCAOB permanently bars CPA firm

Accounting Today

It also imposed $150,000 in fines, for failures of independence and professional skepticism, and for not cooperating with a board investigation.

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A Step-by-Step Explanation of How Invoice Payment Works

Invoicera

Ever Puzzled over an invoice and wondered how it all works? You are in the right place. Invoices play a key role in business transactions, ensuring we get paid on time. You need to know the ins and outs of the invoice payment process to make the most of them. In this blog post, we will guide you through invoice payment while deep-diving into the essential elements of invoices.

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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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Guide to AP Automation: How to get started with Accounts Payable Automation

Nanonets

Every business must deal with purchase orders, bills, invoices, and payments to an array of vendors, who provide everything from basic supplies to high-value equipment and services needed for all the operations of the company. The Accounts Payable (AP) department is responsible for the procure-to-pay process of any well-organized company and deals with the entire purchasing workflow, starting from Purchase Order (PO) processing to final payment to vendors.

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How to Scale from 5-50 Staff, Structure Rev Shares and Lucrative Niches w/ Nicole Durio

Jetpack Workflow

Podcast Summary Organic Business with Lucrative Niches Structuring Revenue Shares and Joint Ventures Scaling from 5-50 FTEs What You’ll Find in the Conversation Madison Brothers Consulting Group Franchised concept Doubling Your Accounting Firm About Nicole Durio Nicole is the managing principal at Madison Brothers Consulting Group. The group commits to exceptional client service provided by trusted advisors.

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IRS wants to improve dispute resolution

Accounting Today

The service is looking for ideas to make its current ADRs better and help them reach more people, and to create new ones, if they're needed.

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Calling All Accounting Professionals

Insightful Accountant

What are you doing to address the industry's talent crisis? The Center for Accounting Transformation is conducting a study to find out what's being done. See how your data can help.

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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.