Accounting Today

DECEMBER 18, 2024

The profession's most influential ponder whether personal and professional commitments can exist in harmony.

Management Accounting 48

Management Accounting Accounting Accounting 48

Accounting Department

DECEMBER 18, 2024

We're happy to announce that AccountingDepartment.com is gearing up for its 11th Vistage ChairWorld event in January! As a proud National Sponsor for the last 11 years, this event holds a special place in our hearts, and we can't wait to reconnect with familiar faces and forge new connections in 2025.

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149

Xero

DECEMBER 17, 2024

Itd be one thing if payroll year-end meant a single last pay run. But this busy period involves meeting multiple deadlines and submission dates, all while following HMRC rules. Whether youre a seasoned payroll manager or doing it for the first time, payroll year-end can be tricky. Heres a step-by-step guide to the process. What is HMRC payroll year-end?

Payroll 131

Payroll XERO Tax 131

Intuit

DECEMBER 18, 2024

Check out the inspiring stories of entrepreneurs who participated in the Intuit IDEAS program and are making a difference in their communities. Bridging the digital divide in communities that often get overlooked Candace Walker, the CEO and founder of Los Angeles-based Generation Connect , is a shining example of the impact of Intuit IDEAS. Inspired by her widowed mother and teenage children, Candace founded Generation Connect, a social impact startup that helps teens and seasoned adults work to

QuickBooks 130

QuickBooks 130

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

Invoicing

Compleatable

DECEMBER 17, 2024

Purchase Order (PO) automation is a decisive influence for businesses striving to enhance operational efficiency, reduce manual workload, and improve financial accuracy. However, a successful implementation requires thorough planning and strategic execution. This guide outlines the steps for UK organisations to seamlessly transition to PO automation.

Purchase Order 100

Purchase Order Budgeting 100

Accounting Today

DECEMBER 19, 2024

The optional standard mileage rate for automobiles driven for business will increase 3 cents next year.

Corporation Tax 243

Corporation Tax Tax 243

Ascend Software blog

DECEMBER 20, 2024

OCR Technology: A Great Start for AP Efficiency As businesses look to modernize their accounts payable (AP) operations, Optical Character Recognition (OCR) has become an important tool for streamlining invoice processing. Solutions like Workdays Supplier Invoice Automation (SIA) leverage OCR to extract invoice data, reduce manual data entry, and speed up workflowsan excellent first step for many organizations.

Accounts Payable 100

Accounts Payable Accounts Payable AP Data Entry 100

The Successful Bookkeeper

DECEMBER 19, 2024

As a bookkeeper, youre entrusted with some of your clients most critical and personal data a responsibility we know you dont take lightly! But with cybersecurity threats (and the best practices to protect against them) evolving so rapidly, it can be hard to know what to look for in a partner beyond a promise that theyll safeguard your clients data.

Bookkeeping 83

Bookkeeping 83

Bookkeeping Essentials

DECEMBER 19, 2024

The 2025 standard mileage rates were increased by 3 cents to 70 cents per mile driven for business use. The Tax Cuts and Jobs Act (TCJA) restrictions are still in place for 2025.

Tax 80

Tax 80

Accounting Today

DECEMBER 18, 2024

The Public Company Accounting Oversight Board's 2025 budget totals $399.7 million, and the accounting support fee totals $374.9 million.

Budgeting 235

Budgeting Accounting Accounting Auditing 235

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

Counto

DECEMBER 15, 2024

How ChatGPT Can Enhance Meetings for Small Business Owners in Singapore For small business owners in Singapore, effective meetings are crucial to managing operations, finances, and growth. Meetings that focus on key topics like accounting services , budgeting, taxes, and operational strategies need to be efficient. ChatGPT can help streamline meetings from preparation to follow-up, allowing you to focus on what matters most: your business. 1.

Budgeting 52

Budgeting Collections Financial Statements Tax 52

AWS FinOps

DECEMBER 20, 2024

I have been putting off writing a summary of all the announcements our Cloud Financial Management (CFM) team made at 2024 re:Invent. My procrastination is partly due to the holiday preparations like many of you. However, more importantly, Ive been waiting for one more announcement. Now, with great pleasure, I am happy to share with you the ten features recently added to the AWS CFM portfolio of services.

FinOps 52

FinOps FinOps Computation Billing 52

Gaviti

DECEMBER 18, 2024

The financial industry is experiencing a technological transformation that is reshaping accounts receivable management. Financial and A/R teams are increasingly adopting automation, autonomous finance, machine learning, and artificial intelligence (AI) to enhance their workflows. These advanced technologies are now seamlessly integrated into accounts receivable reporting software, playing a crucial role in optimizing A/R processes, boosting efficiency, and improving overall cash flow for busines

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Collections 52

RevCycle

DECEMBER 19, 2024

As healthcare providers navigate the evolving landscape of medical collections, staying informed about emerging trends and potential regulatory changes is crucial. In 2025, a strategic approach to collections, leveraging technology and focusing on patient relationships, will be essential for having efficient, quality and performance improvement in your revenue cycle management.

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Collections Revenue Cycle Revenue Cycle Management Billing 61

Advertiser: Paycor

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!

Payroll

Accounting Today

DECEMBER 16, 2024

Private-equity backed firm Ascend has added Walter Shuffain to expand its footprint in the Boston market.

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230

oAppsNet

DECEMBER 17, 2024

Conducting an accounts payable (AP) audit is critical in ensuring your business’s financial health and integrity. An effective AP audit helps identify inefficiencies, discrepancies, fraud, and opportunities for process improvement. Regularly auditing your AP function protects your company from financial mismanagement and ensures that your vendors are paid accurately and on time.

AP 52

AP Auditing Purchase Order Accounts Payable 52

Counto

DECEMBER 16, 2024

Understanding Internal vs. External Audits: A Guide for SME Owners in Singapore Audits are critical tools for evaluating a companys financial health and operational efficiency. For small and medium-sized enterprises (SMEs) in Singapore, understanding the difference between internal and external audits is essential for effective accounting services and proper financial governance.

Auditing 52

Auditing Financial Statements Financial Reporting Financial Records 52

Nolan Accounting Center

DECEMBER 16, 2024

It has been correctly said that accounting is one of the most crucial aspects of running a successful business. Entrepreneur and business leader Tiffany Johnson said, Accounting is the cornerstone of the business world. Because accounting is so critical for all businesses, the U.S. accounting industry is large, generating $145.7 billion in 2023, which is its highest point in history.

Accounting 52

Accounting Accounting Record Keeping Financial Records 52

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

CapActix

DECEMBER 19, 2024

Taxation is an inevitable part of any business. Certainly, the government of every country makes every detail of taxation available. However, it is not as easy and businesses grapple with accurate tax filling. The major factors that increase complexities include the constantly changing tax laws, financial obligations, and tight deadlines. Undoubtedly, it is essential to ensure that taxes are filed correctly and on time for smooth business operations.

Tax 52

Tax Financial Records Auditing Reconciling 52

Accounting Today

DECEMBER 18, 2024

As part of this year's Top 100 Most Influential People survey, Accounting Today asked, "Do you feel you have work-life balance? If so, how have you achieved it?

Accounting 214

Accounting Accounting 214

AvidXchange

DECEMBER 20, 2024

Tax season is a busy time for finance departments. Creating 1099 reporting is one task that can take less time with accounts payable (AP) automation. Read on to learn more about how technology can help your team simplify this time-consuming project. Learn More About AP Automation What is a 1099? According to H&R Block , a 1099 is a tax form used in the United States to report various types of income that are not wages, salaries, or tips.

AP 52

AP Data Entry Accounts Payable Accounts Payable 52

Counto

DECEMBER 16, 2024

How SMEs in Singapore Can Use ChatGPT for Everyday Work Tasks Managing an SME in Singapore involves juggling a multitude of tasks, from keeping track of financials to ensuring regulatory compliance. Whether youre handling accounting services , managing your team, or overseeing operations, time is always of the essence. With so much on your plate, tools that enhance productivity and streamline your workflow are invaluable.

Financial Reporting 52

Financial Reporting Financial Statements Bookkeeping Tax 52

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.

Accounting

FundThrough

DECEMBER 19, 2024

Ken Miller founded Liquid Gold Trucking, an oilfield water hauler in the Williston Basin, in 2017. Fast forward to 2023: the business had experienced modest growth, but was slow at the time. After winning a large new contract with long payment terms, he needed cash flow to make payroll and fund further growth. Because we […] The post Liquid Gold Trucking: Fueling 30% Growth in 18 Months With Early Invoice Payments appeared first on FundThrough.

Invoicing 52

Invoicing Payroll 52

CapActix

DECEMBER 19, 2024

Taxation is an inevitable part of any business. Certainly, the government of every country makes every detail of taxation available. However, it is not as easy and businesses grapple with accurate tax filling. The major factors that increase complexities include the constantly changing tax laws, financial obligations, and tight deadlines. Undoubtedly, it is essential to ensure that taxes are filed correctly and on time for smooth business operations.

Tax 52

Tax Financial Records Auditing Reconciling 52

Accounting Today

DECEMBER 19, 2024

The IRS declined to commit to expanding its Direct File free tax preparation program nationwide in response to a report from the GAO amid GOP opposition.

Tax 189

Tax 189

finout

DECEMBER 16, 2024

What Are AWS Cost Categories? AWS Cost Categories is a feature of the Amazon Web Services (AWS) platform, which allows users to organize their cost and usage information. This organization enables more precise cost management across various AWS services, enabling allocation and tracking of cloud expenses. The system categorizes costs according to defined rules, such as linked accounts, service types, or tags, and displays them consistently in cost management reports.

Budgeting 52

Budgeting Accounting Accounting 52

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.

Accounting

Counto

DECEMBER 20, 2024

The NRIC and Its Importance for Small Business Owners in Singapore As a small business owner in Singapore, understanding the role of the National Registration Identity Card (NRIC) is essential, especially when it comes to company incorporation services. The NRIC is required in several business processes, from company registration to hiring employees and complying with tax regulations.

Collections 52

Collections Tax Payroll Financial Services 52

Invoicera

DECEMBER 18, 2024

A business, no matter how small or large, suffers from many challenges! Managing invoices becomes a huge challenge sometimes, especially when doing it manually. Late payments are another major issue associated with improper invoicing. This leads to a decrease in cash flow, which can result in the business being shut down completely in some cases. According to the Federation of Small Businesses (FSB) , late payments result in 50,000 business closures yearly.

Invoicing 40

Invoicing XERO QuickBooks Billing 40

Future Firm

DECEMBER 20, 2024

Email marketing for accounting firms can be intimidating. I get it. As an accountant by profession, you likely didnt receive […] The post The Ultimate Guide to Email Marketing for Accounting Firms appeared first on Future Firm.

Accounting 52

Accounting Accounting 52

Accounting Today

DECEMBER 19, 2024

Expatriate advocacy groups are applauding legislation introduced this week that would implement a residence-based taxation system for U.S. citizens living overseas.

Billing 173

Billing Tax 173

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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.

Financial Statements