2020

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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.

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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.

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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.

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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.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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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.

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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.

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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.

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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.

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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

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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.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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What Makes Billah & Associates Bookkeeping Services Unique?

Billah and Associates

Are there any benefits of bookkeeping services? The new developments in information technology have completely changed the way of doing business. one of the major areas where it has significantly made a difference for business owners is Bookkeeping. Bookkeeping professionals keep a record of daily business transactions which helps business owners with the information necessary for making major financial decisions in the future.

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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.

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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.

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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?

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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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.

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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.

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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.

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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

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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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.

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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.

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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?

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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.

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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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.

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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.

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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.

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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.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O'Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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How an Accountant Can Help Your Business During COVID-19

Billah and Associates

Can accountants help SMEs stay resilient in the COVID-19 crisis? As the global pandemic (COVID-19) shows no signs of leaving the planet soon, small and medium-sized enterprises are trying hard to find a way to sustain their business growth. At this point in time, experienced and efficient accountants and bookkeepers are playing a major role in guiding small business owners to navigate through the storm.

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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.

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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.

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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

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Solve Your Firms Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.