Sat.Nov 18, 2023 - Fri.Nov 24, 2023

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Simplifying the settlement of invoices: A practical guide

Nanonets

Settlement of invoices isn’t simply about paying off a bill. It's a process that ensures every payment, adjustment, or write-off tied to an invoice is accounted for and settled. There are no messy records, just tidy transactions. It paves the way for flawless financial records, better cash flow, and smooth business operations. Which business owner wouldn't want that?

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3 Workplace Trends Finance Departments Can’t Ignore 

AvidXchange

In September 2023, AvidXchange surveyed 500 finance executives at mid-market companies to learn about their priorities and plans for 2024. Our chief evangelist, Chris Elmore, led a discussion that summarized the findings on the latest episode of our “Net 30” podcast. Elmore invited David Tareen, senior director of product marketing, and Gary Larson, director of growth readiness, to share their reactions to the survey findings and add insights.

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Variance analysis definition

Accounting Tools

What is Variance Analysis? Variance analysis is the quantitative investigation of the difference between actual and planned behavior. This analysis is used to maintain control over a business through the investigation of areas in which performance was unexpectedly poor. For example, if you budget for sales to be $10,000 and actual sales are $8,000, variance analysis yields a difference of $2,000.

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9 Best Client Management Tools for 2024

Invoicera

Do any of these scenarios sound familiar? Struggling to keep track of client interactions, communication, and appointments, leading to missed opportunities? Your team finding it challenging to collaborate and share client-related information? Experiencing difficulties with maintaining client satisfaction and building lasting relationships? Concerned about the security of the client’s data?

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5 Steps to Shield Your Business: The Ultimate Guide to Avoiding Payment Fraud

As scams grow more sophisticated, it's crucial to stay proactive in defending against these threats. This guide equips CFOs, accountants, and business leaders with five essential steps—from fundamental safeguards to advanced security measures to strengthen your financial defenses. From enhancing data security to implementing fraud detection tools and safeguarding financial transactions, this guide provides expert advice that could save your company millions.

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Ted on Tech: Upgrading your office

Accounting Today

With the holidays coming fast upon us, it's time to start thinking about presents. Ted Needleman scoured the review pile to see what might be appropriate to update your office, or to gift to staff.

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Three things we learnt about small business from the latest XSBI data

Xero

The latest round of Xero Small Business Insights (XSBI) featured plenty of new data showing how small businesses are tracking across Australia, Canada, New Zealand, the United Kingdom and the United States. XSBI is released quarterly and uses anonymised and aggregated data to track the performance of, and improve understanding about, small businesses.

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More Trending

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5 Weekend Accounting and Tax Jobs to Boost Your Income

Intuit

Table of Contents Weekend Jobs in Accounting 5 Accounting and Tax Jobs to Boosts Your Weekend Income What's the Life of a Remote Accountant Like? When's the Best Time for Job Searching in Accounting? How Do I Get an Accounting Job Without Experience? Have you been brainstorming ways to make some extra cash on the weekend? How about doing some taxes and bookkeeping to boost your income?

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IRS delays $600 1099-K threshold for another year

Accounting Today

The service will postpone the lower threshold, but will phase in a threshold of $5,000 for tax year 2024.

Tax 347
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Add some "Style" to Your QBO Inventory with Item Variability

Insightful Accountant

As Intuit incorporates more of the QuickBooks Commerce inventory related functionality into various QuickBooks Online SKUs, they are adding some "Style" to QBO Advanced Inventory.

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Avalara Tax Solutions for Manufacturing Businesses

Accounting Department

The landscape of tax legislation is constantly evolving, and clients are undoubtedly experiencing its impact. Even in the best of times, manufacturers face distinctive challenges when it comes to sales and use tax.

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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

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How to Become a CPA (A Comprehensive Guide)

Intuit

Table of Contents What is a CPA? What does a CPA do? What is a CPA License? How to Become a CPA? CPA Requirements by States Available Career Opportunities at Intuit for CPA Entry-Level CPA Jobs Are you ready for an exciting new career as a Certified Public Accountant (CPA)? CPAs are some of the highest-paid professionals in the world of finance. They also experience a very high level of job security.

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New rules proposed on credits for renewable energy property

Accounting Today

The Treasury and the IRS issued laid out possible regs to update the investment tax credit rules to encompass various forms of renewable energy.

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QuickBooks Ledger, the Next Simple, Great Thing

Insightful Accountant

Intuit has found a new way to incorporate more client data into the QuickBooks ecosystem even when the client doesn't subscribe to it. QuickBooks Ledger. It's a way to 'ledger' client data, validate it, and pass it on for tax preparation.

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Tax Planning for 2024: Accountants and CPAs’ Tips for Success 

Ace Cloud Hosting

Tax planning is a proactive approach that involves looking ahead to identify and implement strategies that can reduce your workload. It’s about understanding your clients’ financial goals and assessing.

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How To Streamline Finance Operations Through Automation

Speaker: Claire Grosjean

In today’s fast-paced business environment, finance professionals are under increasing pressure to optimize operations and drive strategic value. As a result, automation has become a core part of business strategy, offering unprecedented opportunities to streamline operations and drive efficiency. Join esteemed global finance and operations executive, Claire Grosjean, for a comprehensive guide on how to harness automation’s power through strategic collaboration with functional leaders.

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Contingent asset definition

Accounting Tools

What is a Contingent Asset? A contingent asset is a possible asset that may arise because of a gain that is contingent on future events that are not under an entity's control. Auditors are particularly watchful for contingent assets that have been recorded in a company's accounting records , and will insist that they be eliminated from the records before issuing an auditor’s opinion on its financial statements.

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The 20 worst states to be a property owner

Accounting Today

The five states with the highest real-estate taxes have an average rate of 2.17%.

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Unlocking New Possibilities with QuickBooks Time: Enhanced Time Tracking Capabilities!

Insightful Accountant

Previously a standalone app, QuickBooks Time has undergone significant enhancements, merging seamlessly into QuickBooks Workforce and integrating time data into QuickBooks Online as part of the payroll functionality.

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12 Directories to Find CPAs and Accountants for Your Business

Ace Cloud Hosting

Hiring a skilled accountant or Certified Public Accountant (CPA) is essential in achieving financial clarity and making informed decisions that drive business prosperity. However, with abundant accounting professionals available, finding.

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Top 3 Secrets to Staying Relevant with Gen Z

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

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Controllable variance definition

Accounting Tools

What is a Controllable Variance? A controllable variance refers to the "rate" portion of a variance. A variance is comprised of two elements, which are the volume variance and the rate variance. The volume element is that portion of the variance attributable to changes in sales volume or unit usage from a standard or budgeted amount, while the rate element is the difference between the actual price paid and a standard or budgeted price.

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Bonadio Group finds ways to attract more people to accounting firms

Accounting Today

The Top 50 Firm is improving its compensation and benefits to bring in more experienced professionals and young recruits.

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QuickBooks Inventory, Sales and E-commerce Enhancements

Insightful Accountant

QuickBooks is enhancing their inventory, sales and E-commerce capabilities by incorporate components from QuickBooks Commerce which they acquired from Trade Gecko.

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Iron Lake Balls Utilises Dext Prepare for Ace Accounting

Dext

About Iron Lake Balls Founded in 2022, Iron Lake Balls LTD is a sports eCommerce business that visits golf courses to recover balls for recycling. On top of tracking down rogue golf balls, the business also has a washing facility where the team refurbishes them so they’re like new.

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Breaking New Ground: Managing Innovation Fatigue With Effective Automation

Speaker: Gary Dmitriev

Our upcoming webinar aims to demystify the process of selecting and implementing automation tools for financial institutes. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals. We’ll also address the critical issue of innovation fatigue, offering tips on maintaining enthusiasm and momentum for new initiatives.

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Quality costs definition

Accounting Tools

What are Quality Costs? Quality costs are the costs associated with preventing, detecting, and remediating product issues related to quality. Quality costs do not involve simply upgrading the perceived value of a product to a higher standard. Instead, quality involves creating and delivering a product that meets the expectations of a customer. Thus, if a customer spends very little for an automobile, he will not expect leather seats and air conditioning - but he will expect the vehicle to run pr

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Accounting in 2024: Artificial intelligence, tech innovation and more

Accounting Today

How finance and accounting teams start 2024 will set the stage for defining the rest of the year and positioning for sustained success.

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Reimagined ProAdvisor Program Goes Live Today

Insightful Accountant

Intuit has 'reimagined' the ProAdvisor Program after 26 years, the new (v1) of the program goes live today (11/20/23) with more changes to come in the furture.

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A Complete Guide to Automating Email Responses

Nanonets

Email is an essential means of communication in today's world. Whether you're a business owner, an employee, or a freelancer, you probably receive dozens, if not hundreds, of emails every day. Responding to all these emails can be time-consuming and sometimes involves doing repetitive tasks. This becomes cumbersome, especially during the work hours when you have other important tasks to attend to.

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Secure SaaS Success: Embedded Finance as a Competitive Advantage

Speaker: Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms

Join us for an exclusive webinar hosted by Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms, where he’ll explore the significant impact of embedded finance on the software industry! This session is designed to provide you with the strategic insights needed to navigate the future of SaaS successfully, all while gaining a deeper understanding of how these trends can enhance your competitive edge, boost revenue, and deepen customer loyalty.

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Noncash expense definition

Accounting Tools

What is a Noncash Expense? A noncash expense is an expense for which there is no related cash outflow in the same period. In addition, an accrued expense may be recorded for which the related cash expenditure is in the following period. Examples of Noncash Expenses The most common examples of noncash expenses are depreciation and amortization ; for these items, the cash outflow occurred when a tangible asset or intangible asset was initially acquired, while the related expenses are recognized mo

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Tax pros: The IRS may be calling you

Accounting Today

The service is conducting a random survey of practitioners Nov. 27-Jan. 19.

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Maximizing Client Success: A Memorable Journey at the QuickBooks Connect

Insightful Accountant

Susan Pruskin shares her wonderful experience at QB Connect. Join her as she revisits her first ever Human Tunnel welcome, and amazing Main Stage Speakers.

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Ep. 243: Alissa Vickery - Stepping Into CFO: Balancing Multiple Finance Roles

IMA's Count Me

Welcome to Count Me In! In this episode, our host Adam Larson welcomes back Alissa Vickery , Chief Accounting Officer, SVP Accounting and Control at FLEETCOR, who shares her journey as an interterm CFO at Fleet Corps. Discover how Alissa balanced multiple finance responsibilities, handled the weight of the CFO role, and developed her leadership strategies.

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How to Easily Navigate Crypto Accounting in the Web3 Era

Speaker: Aaron Jacob, VP of Accounting Solutions & Reagan Cook, GTM Lead

Are you struggling to navigate the complexities and challenges that come with crypto accounting? 🤔 This new webinar will cover everything businesses need to know to get started with crypto accounting after incorporating crypto into their business models! Industry experts Aaron Jacob and Reagan Cook of TaxBit will thoroughly explore the prevalent operational hurdles encountered by accounting teams when interacting with crypto on the books, and detail how software solutions can effectively