Sat.May 25, 2024 - Fri.May 31, 2024

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Introducing Xero’s new UK plan line-up from September

Xero

We want to meet the needs of small businesses and their advisors well into the future. That’s why we’re simplifying our subscription plans for UK small businesses and partners, which will be available from 12 September 2024. The new plans are designed to give you easier access to the tools to help run your business efficiently. That means fewer add-ons, as more key features are included in plans.

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Art of Accounting: Invest time to save time

Accounting Today

Sometimes spending a little more time on something will save a lot more time later on or reduce the stress level for those involved with that project.

professionals

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We're Off To The Races with the 2024 ADC Summer Challenge!

Accounting Department

It's summertime at AccountingDepartment.com and we have all sorts of fun things happening! To kick off the summer season this past Memorial Day weekend, we launched our 13th annual ADC Summer Challenge.

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4 ways Intuit helped me start a successful tax career

Intuit

As a Seasonal Tax Prep Associate for Intuit, I work remotely from my home in Kansas helping customers all over the country. Spoiler alert: I love it! I’m Fatimah. If you want to transition from a bookkeeping position to a tax career like I did, keep scrolling and I’ll share the 4 ways Intuit makes it easy for you to do it. How did my career journey bring me to this great company?

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Live Demo: How to Achieve Reconciliation Zen

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

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Fidesic AP Suite Announces Multi-Entity Integration for Microsoft D365 Business Central

Fidesic blog

Vendor invoices are now easier to process for AP professionals using Microsoft Dynamics Business Central with Binary Stream Multi-Entity Management (MEM).

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GASB guidance aims to improve government financial reporting

Accounting Today

The Governmental Accounting Standards Board released an updated standard to improve some of the main components of the financial reporting model for state and local governments.

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I was ready to up my tax game–that’s why I joined Intuit

Intuit

I’m Michael, a Seasonal TurboTax Live Expert and a full-time owner of a financial services practice. At Intuit, I can create a personalized career path, work the hours I want, supplement my income, and still have time to expand my own business. If you have a bookkeeping background and want to develop the skills needed to have a more lucrative future, I can share with you the advantages of building a tax career with Intuit.

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Amazon EBS GP2 vs GP3 – Comparing Cost & Performance

Economize

Amazon Elastic Block Store (Amazon EBS) is one of the core storage services in AWS, along with Amazon Simple Storage Service (Amazon S3) and Amazon Elastic File System (Amazon EFS). EBS provides extra block-level storage for your EC2 instances, with each storage unit called an EBS volume.

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KPMG agrees to merge U.K. and Swiss operations

Accounting Today

The new firm will be led by KPMG's U.K. CEO, Jon Holt, while Stefan Pfister, currently the boss of the Swiss arm, will become deputy CEO.

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Accounts Receivable Automation

oAppsNet

In the contemporary business landscape, where efficiency and accuracy are paramount, automating Accounts Receivable Automation (AR) processes stands out as a transformative strategy. AR automation involves using technology to manage and streamline the collection of payments from customers, minimizing manual intervention and maximizing efficiency. This approach accelerates cash flow, enhances customer satisfaction, reduces errors, and provides valuable insights into financial operations.

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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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Chiropractic Business Outsourced Bookkeeping to Save Time and Focus on Growth. Why Virtual Bookkeeping Works.

Remote Quality Bookkeeping

One of the many ongoing challenges for business owners is making sure the books are balanced. Within the chiropractic industry, that element of running a practice can be a particular pain point. In a blog entry on Chiroeco.com, an online resource for the chiropractic community, Drew Stevens identified three prime areas – independent of the medical component – to which chiropractors must remain attentive in order to stay afloat.

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AWS QuickSight Pricing Guide & 6 Tips for Optimization

Economize

Today, business intelligence is the key to data mining, data visualization, and making data-driven decisions that drive your business growth. While working on the cloud terrain, integrating BI into your business offers numerous advantages that streamline data integration, and enhance data accessibility, which improves business operations.

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Intuit's TurboTax lost 1M users this tax season

Accounting Today

Intuit has been working to cater TurboTax to those with more complicated tax situations, betting that those customers could use online help from experts.

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Recent QuickBooks Desktop Version Updates

Insightful Accountant

Over the last 30 days Intuit has cranked out several updates to your QuickBooks Desktop software. Download, install and updates will have depended on how you have your software updates set.

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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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Top 10 Salesforce Integrations of 2024

Nanonets

If you’re using Salesforce, then you’re already familiar with its benefits as a cloud-based customer relationship management (CRM) solution. In isolation, Salesforce’s capabilities related to sales and marketing are impressive; it automates sales processes, makes it easy to manage multiple marketing campaigns, provides funnel insights to sales leaders, and so much more.

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What Is A Bookkeeper?

Remote Quality Bookkeeping

As a small business owner, we know that you like to do everything that you can on your own so that you can save as much money as possible. When you first start your business, you think that it will be pretty easy for you to do your own bookkeeping. After a while, you will probably discover that it is taking too much of your time and you are falling behind.

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Yellen says U.S. isn't ready to sign global tax agreement

Accounting Today

About 140 countries signed on to the outline of a groundbreaking pact in 2021 to reform the way large multinational companies are taxed.

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How to take care of your mental health as a small business owner

Reconciled Solutions

Mental health is a real issue for entrepreneurs. Here's what you can do to take care of your mental health as a small business owner. The post How to take care of your mental health as a small business owner appeared first on Reconciled Solutions.

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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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The Ultimate Guide to Integrations in Microsoft Business Central in 2024

Nanonets

If a chef was asked to cook a 5-star meal with nothing but a butter knife, the meal would turn out a lot different than if the chef had access to all the tools she needed to succeed. An industrial oven, customized knife set, large mixer, state-of-the-art cookware, and an experienced team of staff would make a world of difference for that night’s dining experience, right?

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Leading Telecom Billing Systems and Revenue Solutions

Invoicera

Introduction Telecom companies face a big problem: dealing with billing and cash flow. As there are numerous customers and various service types, billing mistakes are bound to happen. A study by Ovum tells that telecom companies annually lose 2% of their revenue because of billing mistakes. Those are billions of dollars falling through our fingers.

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Hillary Salo named as FASB vice chair

Accounting Today

The Financial Accounting Foundation announced Hillary Salo as the next vice chair of the Financial Accounting Standards Board.

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Navigating the Process of Hiring a Bookkeeper with Angie Noll | Profit by Design Podcast

Reconciled Solutions

Do you need to hire a bookkeeper? Get clarity on the process of making sure your books are handled with accuracy and expertise. The post Navigating the Process of Hiring a Bookkeeper with Angie Noll | Profit by Design Podcast appeared first on Reconciled Solutions.

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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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Amazon S3 vs Google Cloud Storage vs Azure Storage Cost

Economize

Introduction to Cloud Storage Pricing Cloud storage pricing is a critical aspect for businesses looking to store and manage their data efficiently. Cloud Pricing Models can vary significantly among service providers, often influenced by factors such as storage capacity, data transfer volumes, and additional features like data redundancy, security, and access speed.

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Tax Plan Carefully with HSA Recommendations

Insightful Accountant

HSAs offer triple tax benefits: pretax contributions, untaxed earnings, and penalty-free withdrawals for medical expenses. Tax pros should be cautious of pitfalls in client tax planning with HSAs.

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Application portal opens for bonus energy credit

Accounting Today

The Internal Revenue Service is accepting applications for the Low-Income Communities Bonus Credit Program through June 27.

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May 29, Organized Recordkeeping System - Home Based Office Filing System

Bookkeeping Essentials

What is the best recordkeeping system to get and stay organized so you can get rid of those drawers of stashed receipts? Simple choices and guidelines to eliminate stress and panic.

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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.

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13 Best Integrations for Sage Software in 2024

Ace Cloud Hosting

Sage Software is a powerful tool for managing your business but integrating it with additional services can unlock even more potential. This blog post explores the top 13 integrations and.

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Sage Intacct Unveils New Updates

Insightful Accountant

Sage Intacct has unveiled several new updates designed to advance productivity and control for SMBs. These new features streamline operations from AI-powered Timesheets to Advanced Financial Controls, ensuring smoother workflows and compliance.

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PwC lost Big China clients after Evergrande-linked probe

Accounting Today

China Taiping Insurance Holdings, China Merchants Bank, China Railway Group, China Electronics Huada Technology and People's Insurance Company (Group) of China are among those that changed auditors.

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A Practical Guide to Purchase Order Systems

Nanonets

Purchase orders (PO) are legal documents that are drawn to finalize contracts between a buyer and a supplier. Today, the purchase order has become an indispensable part of modern businesses. It is involved whenever goods or services are being procured and plays critical roles in formalizing agreements tracking orders controlling expenditures resolving disputes However, managing these purchase order documents manually is a big hassle. manual purchase order processing can increase cycle times

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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.