2020

article thumbnail

Cliniko – Writing off bad debts

The Savvy Bookkeeping Blog

Most of us have had to do it at one stage or other – writing off an invoice issued to a customer because we are just never going to get payment. Writing off bad debts is relatively straight-forward in Cliniko.

Invoicing 130
article thumbnail

4 Benefits of Partnering with a Workday Certified Software Partner

Ascend Software blog

When it comes to software, it often takes multiple products to form an efficient end-to-end solution. That's one of the main reasons why software solution companies form partnerships, as they allow you to deliver a more complete solution to solve their customers' problems.

130
130
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Accounts Payable Association merges with The Payroll Centre

AP Association

The Accounts Payable Association is delighted to announce its merger with The Payroll Centre, the UK’s largest payroll membership and learning organisation. This announcement means the APA will be receiving the required support to follow our plans for expansion; alongside a similar organisation with the capacity to help improve how we serve each other’s communities.

article thumbnail

The latest SaaS Metrics to Grow Your Business and Impress Investors

Sage Intacct

Managing your subscription business with SaaS Metrics. The most important SaaS Metrics and what you need to show investors to secure your next round of funding.

124
124
article thumbnail

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

article thumbnail

Lyft, Netflix, Expedia, Slack, and Segment: Comparing the DIY Cloud Cost Management Tools at the World’s Top Tech Companies

CloudZero

It’s no secret that a handful of big name tech companies have influenced best practices that engineering teams follow today. Many of them share their behind-the-scenes stories at conferences , in blogs , and slide decks — or open source code.

111
111
article thumbnail

Common Accounting Mistakes: Government Edition - Issue #12 R&D

SMB Accounting and Consulting

Many small business federal contractors begin with research and development (R&D) contracts or grants as part of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. These programs are offered by the government to encourage innovation with the potential for commercialization. These programs often result in technology or products that begin with government use and then become commercial items.

More Trending

article thumbnail

WEBINAR: Hiring and Thriving with Remote Staff in 2021

accountingfly

Are you looking for best practices managing a remote team? You have come to the right place. On December 21, 2020, Accountingfly Co-Founder Jeff Phillips, walks you through the best practices of finding, selecting, and hiring remote staff, so you’re ready to grow your team. Learn how to optimize your remote accounting team, by motivating and managing your remote staff In these modern times.

article thumbnail

Spend Risk Examined: What to Expect from Oversight Podcast Episode 1

Oversight

Today, Oversight announces the premiere of its podcast series, “Spend Risk Examined,” which will provide insights, best practices and lessons learned for finance leaders looking to disarm risk and elevate finance across an enterprise. The first episode of Season 1, Finance Re-Transformation, is available and ready for listening at info.oversight.com/podcast.

52
article thumbnail

How to Get Professional Tax Return Preparation Services?

Billah and Associates

Tax preparation can be a challenging task. There are so many things involved. If you have the right idea about personal tax preparation, you can fill it with some hassle. However, filing corporate tax is tricky. For that, taxation services are of great help in minimizing the complications. Tax preparation Mississauga is helpful because of various factors.

article thumbnail

9 Skill Building Games for Bookkeepers and Number-Crunchers

Bookkeepers.com

Analytical and numbers-based games are great ways for bookkeepers to practice skill-building while cutting loose and having fun with friends or family. Below, I’ll go over some of the best games I’ve encountered recently that tap into the parts of the brain bookkeepers and number-crunchers use every day. RELATED: 8 Fun Activities that Also Build … 9 Skill Building Games for Bookkeepers and Number-Crunchers Read More » The post 9 Skill Building Games for Bookkeepers and Num

article thumbnail

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.

article thumbnail

Make the Most of Your Free 30-Day FreshBooks Trial As a Contractor

FreshBooks

Congratulations! You’ve made the decision to get a handle on your accounting. That means you’re past the hard part. The easy part now is seeing how big a difference the right platform can make. And while we know that trying out something new can feel like a big commitment, it doesn’t have to. That’s why […] The post Make the Most of Your Free 30-Day FreshBooks Trial As a Contractor appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners.

article thumbnail

Third Party Payments For A Particular Or Multiple Invoices – Without Creating Payee Master Record

SAP Accounts Payable

Hello and welcome to my blog post on Alternative Payee Update In Invoice Document. I will be highlighting the prerequisites and process flow of this functionality in this blog. Introduction:- Updating Alternative Payee in Invoice Document –> Check to be printed with ‘Third Party’ vendor using Transaction Code F110 or F-58. It is a normal business process where suppliers do reach out to their clients at 11 th hour to allow payments to ‘Third Party’ for their outstanding invoices.

article thumbnail

Are you happy AP

AP Association

I set up HAPPY AP as a result of being made redundant from a large corporate company. Over the last 30 years I have worked primarily in AP, along with Provisioning , Vendor Management , Fixed Asset Management , Mentoring and Training. Background Most of the companies I have worked for have been those large ones – where there is a department for this and a department for that.

AP 130
article thumbnail

How Do You Manage Cash Flow and Collections in Volatile Times?

Sage Intacct

Cash management is critical in this downturn. Investors want a 12 to 18-month runway before you raise again. How can you leverage automation and prevent a cash crunch?

article thumbnail

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.

article thumbnail

Byte Down Too: Build Cost Effective Infrastructure Like Netflix

CloudZero

Think of orgs with lots of data and it’s impossible to not think of Netflix. In a new Netflix Technology Blog , their Platform Data Science & Engineering team describe their data infrastructure "which is composed of dozens of data platforms, hundreds of data producers and consumers, and petabytes of data.” At this scale, cost-effectiveness is a critical matter of success and failure.

Budgeting 105
article thumbnail

Common Accounting Mistakes: Government Edition - Issue #11 What is GAAP?

SMB Accounting and Consulting

Many small business government contractors are exempt from complying with cost accounting standards (CAS) and defined by the code of federal regulations (CFR). However, compliance with generally accepted accounting principles (GAAP) is required. What exactly is GAAP? GAAP are a set of accounting principles established by the Financial Accounting Standards Board (FASB) to provide clarity, consistency, and comparability of financial reporting and information.

article thumbnail

Survey Reveals Widespread Distrust in Financial Data — Here’s How You Fix It

AvidXchange

We live in a sophisticated digital age where finance professionals have access to financial data we could only dream about 10 years ago. But surprisingly enough, there’s not much faith behind those numbers. In Trintech’s recent survey of global financial leaders, 40 percent said they don’t trust the accuracy of their financial data. In another report, Workday’s CFO Indicator Survey 2020 , 63 percent of CFOs reported frequent conflicting data between their finance and operations teams.

AP 52
article thumbnail

WEBINAR: Hiring and Thriving with Remote Staff

accountingfly

How do you manage a remote team? Is it different than my office-based team? YES. On January 25, 2021, Accountingfly Co-Founder Jeff Phillips, walks you through how to optimize your remote accounting team, including how to motivate and manage remote staff, how to organize and communicate with your team, and how to increase productivity. Learning Objective: Determine to get ahead with a remote accounting team Identify ways to manage and motivate your staff while working remotely Recognize how

article thumbnail

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.

article thumbnail

November Spend Insights Report Depicts Increase in Spend Risk

Oversight

Organizations continue to experience notable shifts in employee spending behaviors and trends during the current COVID-19 pandemic and almost universal transition to working from home. In our recent November Spend Insights Report, we shared some eye-opening findings uncovered during the third quarter of 2020.

52
article thumbnail

5 Top Reasons to File Your Taxes Early

Billah and Associates

Due to the pandemic, the government has extended the deadline for filing income tax deadline. However, if you are still stressed about it and can’t keep up with the schedule, you are not alone. Whether you are filing for individual or corporate tax , everyone procrastinates when it comes to taxes. There are multiple reasons to file your taxes early every year.

Tax 52
article thumbnail

The Science of Break Time During the Workday

Bookkeepers.com

Employees who think they need to work 24/7 to achieve good results at work are wrong! Without taking adequate break time from work, productivity, well-being, and general performance are all likely to suffer. Here’s the science behind the connection. RELATED: How To Make Money While You Sleep In this article: Taking A Break Is Likely … The Science of Break Time During the Workday Read More » The post The Science of Break Time During the Workday appeared first on Bookkeepers.com.

52
article thumbnail

Shopping for a New Accounting Solution? Don’t Overlook Customer Support

FreshBooks

Customer support should be up there with the ability to send an invoice, according to Colin Hutzan, manager of support at FreshBooks. But then, he would say that. He’s obsessed with providing stellar customer support. It’s kind of a defining characteristic of all FreshBooks employees, actually. Everyone spends their first month working in customer support […] The post Shopping for a New Accounting Solution?

article thumbnail

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!

article thumbnail

Prevent Fraud- false billing

CAAPS

Based on a Report from the ACCC False billing topped the list of reported frauds affecting business in 2019. False Billing is where a party sends your organisation an invoice requesting payment when none is due. This can be done by using an invoice from an existing supplier and changing the bank and contact details. Or it can involve sending an invoice from a ‘new’ supplier.

Billing 52
article thumbnail

Create Your Vendor Onboarding Policy – A Must Have for Vendor Maintenance

AP Association

Depending on your company, there can be separate departments involved in the Procure-to-Pay (P2P) process – each with a different focus. For example, the Procurement/Sourcing should have a separate policy since their focus may be items such as vendor risk management, identifying strategic partners, and reducing costs. Even AP itself at a higher level may be focused on invoice submission/approvals, adherence to the Purchase Order policy, processing payments, accurate general ledger coding, etc.

article thumbnail

Improve the Month-End Close in Your SaaS Business

Sage Intacct

Finance and accounting teams have had to quickly react, changing processes and procedures due to the pandemic. Nowhere has it felt more acute than during the month-end close.

article thumbnail

How I Built a Machine Learning Pipeline on AWS for Under $7 a Day

CloudZero

Andreessen Horowitz recently published a blog about the Heavy Cloud Costs and Scaling Challenges of The New Business of AI , in which they describe how AI companies are facing cloud cost challenges, which are impacting their margins. As someone who used to manage a fully home-grown on-site distributed speech recognition platform for an industry leader, I know firsthand that ML can be expensive and challenging to maintain.

101
101
article thumbnail

Book of Secrets for the Month-End Close

Developing a consistent month-end close doesn’t need to be a mystery. We’re sharing our top 10 secrets (plus one bonus!) for streamlining your close.

article thumbnail

Just Say No to Cash App

1st Step Accounting

I’ve been seeing online the many requests for Cash App deposits to help keep small business afloat during this pandemic and I want to implore all you owners out there to just say NO. Cash App , a division of Square and is a great source to get quick funds from friends and family (along with Venmo , a division of PayPal ) but in the long term it is not a great tool for small businesses trying to build and grow their businesses.

article thumbnail

AvidPay AP Software Liberates Housing Provider from Thousands of Paper Checks

AvidXchange

Erin Jaskiewicz, the accounts payable (AP) manager with Campus Apartments , was aware of the problems in her department that were preventing her company from achieving its growth goals. Luckily, AvidXchange’s AvidPay AP software helped set the company on a more efficient path to success. She and her teammates were routinely deluged with 800 paper checks to be processed each week for 250 vendors.

AP 52
article thumbnail

The New Year Resolutions To See You Through 2020

Dext

If you do anything next year, do this. The days between Christmas and New Year are decidedly geared around reflection. It’s a period to look back on the year, perhaps even the decade, restore energy and prepare for the one ahead.

52
article thumbnail

Meka Leka Hi Meka Hiney Ho 2021 Is A Go

Cloud Accounting Podcast

Sponsors OnPay: [link] ClockShark: [link] Financial Cents: [link] Show Notes 4:05 - 2019 Predictions! Also, Isaac Asimov predicted the computer automation revolution, Mindbody to be sold, senators prod regulators on FinTech, and what’s new in QBO [link] 5:23 - Bookkeepers are embracing the role of trusted advisor [link] 7:07 - Elevate Messaging & Safety with Zoom Phone SMS, Reporting & E911 Enhancements [link] 8:13 - The best and worst 2020 predictions (and some of our own) [li

CPA 40
article thumbnail

Best Practices to Ace Your Close

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Whether you’re on a 1-day close or a 10-day close, there are some fundamental commonalities that all strong accounting departments share when it comes to the month-end close. Please join us for an informative webinar where we share best practices that your team can implement today to ace your close! 1 CPE credit will be provided for qualifying participants.