FinOps in Practice

SEPTEMBER 20, 2022

Google Cloud Platform cost optimization can be achieved with ongoing monitoring and accurate forecasting, but it can be made all that much easier when a Compute Engine provides machine type recommendations. A Compute Engine tracks the CPU and memory usage of running VMs. However, optimization is easier said than done on the platform.

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Accounting Tools

JULY 6, 2024

Examples of capital expenditures are funds paid out for buildings, computer equipment, machinery, office equipment, vehicles, and software. Related Articles Capital Investment Decisions Examples of Capital Expenditures This type of expenditure is made in order to expand the productive or competitive posture of a business.

Computation 98

Computation Record Keeping Financial Analysis Budgeting 98

Counto

MARCH 23, 2025

Automated Tax Calculations and Filings AI tools ensure accurate tax computations and can generate timely reminders for filing deadlines. Enhancing Compliance and Reducing Risk Singapores regulatory landscape requires strict compliance with IRAS and ACRA. Ready for accounting that understands your business?

Bank Reconciliation 52

Bank Reconciliation Data Entry Accounting Accounting 52

Accounting Tools

JULY 8, 2024

As an example of how accounting rules may be applied to the assets within a group, all of the fixed assets in the computer software group could be assumed to have the same useful life , to which is applied a standard depreciation methodology. Includes buildings, computer equipment, computer software, furniture and fixtures, and vehicles.

Petty cash 74

Petty cash Computation Deposits Accounts Receivable 74

Accounting Tools

AUGUST 11, 2024

Computer Equipment The computer equipment account can include a broad array of computer equipment, such as routers, servers, and backup power generators. It is useful to set the capitalization limit higher than the cost of desktop and laptop computers, so that these items are not tracked as assets.

Computation 75

Computation Accounting Software Auditing Accounting 75

FinOps in Practice

FEBRUARY 25, 2023

With the advent of the digital age, cloud computing has quickly become an essential option for organizations of all sizes and shapes. Being a relentless leader in the IT field, Microsoft just couldn’t help but come up with a cloud computing platform of its own.

Budgeting 130

Budgeting FinOps FinOps Computation 130

Nanonets

OCTOBER 3, 2024

💡 Note that this is the 3rd and final article in the series of VLMs for data extraction. In this article, we will dive into the different types of fine-tuning techniques available for Vision Language Models (VLMs), exploring when and how to apply each approach based on your specific use case.

Computation 105

Computation Budgeting 105

Counto

MARCH 23, 2025

Payroll Processing Costs are usually calculated per employee per month and include salary computation, CPF contributions, and statutory reporting (e.g., Tax Filing and GST Compliance Corporate tax filing (Form C-S/C) and GST submissions (for GST-registered businesses) are often charged as flat fees or bundled into service packages.

Bookkeeping 52

Bookkeeping Accounting Accounting Payroll 52

Future Firm

JULY 13, 2022

Tip 7: Purchase Dedicated Work Computers for Home. Tip 8: Install Malware Scanners on All Computers. Tip 9: Install Anti-Virus Software on All Computers. Here, malicious software installed on your computer can take control of it, damage your system and gather confidential data. Tip 5: Backup Your Cloud Accounting Data.

Computation 98

Computation Accounting Accounting XERO 98

Counto

FEBRUARY 20, 2025

New AI Adoption Initiative The Enterprise Compute Initiative will help small businesses leverage AI technology by providing access to cloud services, AI tools, and expert consultancy. From multicurrency accounting to tax filing, Counto handles it allwith unlimited transactions. Explore our transparent, all-in-one pricing here.

Budgeting 52

Budgeting Corporation Tax Computation Tax 52

Future Firm

MAY 24, 2023

Table of Contents Cloud Computing Artificial Intelligence & Machine Learning Optical Character Recognition Robotic Process Automation Blockchain Big Data The Metaverse Mobile Apps No-Code Development 1) Cloud Computing One of the most transformational technologies that’s moving the accounting industry forward today is cloud computing.

Accounting 98

Accounting Accounting Computation XERO 98

FinOps in Practice

APRIL 2, 2023

In this article, we will explore some tips and best practices for debugging and profiling ML model training. This includes profiling the model’s computational performance, memory usage, and I/O operations. You might be also interested in our article ‘What are the main challenges of the MLOps process?’

FinOps 130

FinOps FinOps Computation Collections 130

Accounting Tools

JULY 8, 2023

The capitalization limit is established to keep a company from wasting time tracking assets that have little value, such as computer keyboards. Alternatively, an expenditure is recorded as an expense when the expenditure relates to an item that is expected to be fully consumed within the current reporting period.

Computation 74

Computation Budgeting Auditing Accounting 74

Economize

SEPTEMBER 27, 2024

Amazon EC2 (Elastic Compute Cloud) instances offer flexible, scalable computing power for businesses of all sizes. In this article, […] However, this flexibility also introduces the challenge of controlling costs, especially when EC2 resources are not properly optimized.

Computation 52

Computation 52

Accounting Tools

JUNE 20, 2023

Examples of these non-recognized assets are: Internal quality control processes Internal research and development processes Staff training investments The value of a brand image Related Articles Asset Accounts Asset Classification Asset Recognition Criteria Intangible Asset Accounting Nonmonetary Assets Types of Assets

Computation 75

Computation Deposits Auditing Accounting 75

Accounting Tools

JANUARY 25, 2025

How to Calculate a Gain The amount of a gain is computed by subtracting its book value from the payment received from its sale , less any commissions and processing fees. Related Articles Gain Contingency Gain on Retirement of Bonds Gain on Sale of Assets

Computation 40

Computation 40

Counto

FEBRUARY 10, 2025

Employers should adhere to Singapore’s Inland Revenue Authority (IRAS) guidelines for proper tax computation and reporting. Here are some articles you might find helpful: What is the Basic Salary for Foreigners in Singapore 2025? Your dedicated Customer Success Manager is just a message away for any questions.

Payroll 52

Payroll Deposits Collections Computation 52

Accounting Tools

JULY 11, 2024

Advantages of Two-Bin Inventory Control There are several advantages to adopting a two-bin inventory control system, which are as follows: No computer system required. A two-bin inventory control system requires no computer database. Related Article Just-in-Time Inventory Control Thus, the total reserve stock is 375 units.

Computation 75

Computation 75

Accounting Tools

JULY 24, 2023

Examples of Capitalization Here are several examples to illustrate the concept: A company pays $500 for a notebook computer. The computer has a useful life of three years, but it does not meet the company's $1,000 capitalization limit, so the controller charges it to expense in the current period.

Accounting 75

Accounting Accounting Computation Budgeting 75

Nanonets

AUGUST 9, 2024

Now imagine a super kid that has “read” every story, every Wikipedia article, and has no problem recollecting all of that in an instant. These models are trained on massive and diverse datasets, including books, articles, websites, and other textual sources. That’s an LLM for you.

Computation 110

Computation Billing Invoicing Budgeting 110

Nanonets

AUGUST 26, 2024

   In this article, we will look at the types of document classification and how ML techniques are being increasingly used for this purpose.   It is a fundamental computer-vision task, wherein an input image is identified and classified.   Let us see what each of those entails. 

Computation 97

Computation Customer Service Purchase Order Invoicing 97

Counto

MARCH 18, 2025

These packages typically include: Bookkeeping and transaction recording Financial statement preparation Tax computation and filing Payroll processing GST filing (if applicable) These packages are ideal for business owners who want to focus on growth instead of financial administration. Transformative.

Financial Statements 52

Financial Statements Accounting Accounting Bank Reconciliation 52

Accounting Tools

MAY 10, 2024

Computer equipment. May include not only computer equipment, but also the cost of more expensive software packages. Related Articles Asset Classification Examples of Assets The Difference Between Assets and Liabilities Types of Assets This account is most commonly used by retailers. Fixed Asset Accounts Buildings.

Petty cash 75

Petty cash Accounting Accounting Accounts Receivable 75

FinOps in Practice

SEPTEMBER 1, 2022

We wrote a lot of articles about what techniques to use for cloud cost optimization; for instance, in this post , we explain why the FinOps role is becoming increasingly indispensable. In this article, we’re going to share some tips and tricks on how to save money by receiving free MS Azure credits.

FinOps 130

FinOps FinOps Billing Computation 130

Accounting Tools

SEPTEMBER 3, 2023

Training Sunk Cost A company spends $20,000 to train its sales staff in the use of new tablet computers, which they will use to take customer orders. The computers prove to be unreliable, and the sales manager wants to discontinue their use. Hiring Bonus Sunk Cost A company pays a new recruit $10,000 to join the organization.

Computation 75

Computation Financial Analysis Cost Accounting Accounting 75

Accounting Tools

JULY 13, 2023

Examples of these classifications are buildings, computers, furniture and fixtures, machinery, and vehicles. Related Articles Capital Investment Decisions Examples of Capital Expenditures Overview of Capital Budgeting The useful life of a capital expenditure may be determined based on the classification assigned to it.

Computation 75

Computation Bookkeeping Budgeting Tax 75

Accounting Tools

OCTOBER 22, 2023

There may also be a verification step, where the count results are compared to the inventory unit counts in a company's computer system. If a company uses cycle counting, the warehouse staff counts the inventory in a small portion of the warehouse and matches its count information against the records in the computer system.

Computation 75

Computation Reconciling Auditing Cost Accounting 75

Accounting Tools

SEPTEMBER 7, 2023

The following items, at a minimum, are normally found in a balance sheet: Current Assets: Cash and cash equivalents Trade and other receivables Prepaid expenses Investments Inventories Assets held for sale Long-Term Investments: Investments in other companies Fixed Assets: Computer hardware Computer software Furniture and fixtures Leasehold improvements (..)

Computation 75

Computation Financial Statements Tax Accounting 75

Economize

APRIL 24, 2023

Discover the top 5 strategies for optimizing AWS CloudFront costs in our latest article. From leveraging caching and data transfer optimizations to employing edge computing, these strategies will help you strike the perfect balance between cost-efficiency and high

Computation 52

Computation FinOps FinOps 52

FinOps in Practice

MARCH 21, 2023

In this article, we’re going to explain the importance of MLOps, provide an in-depth analysis of the main challenges related to the MLOps process, namely, data, models, infrastructure, and people/processes, and touch on the potential solutions that can help tackle these challenges. OptScale is fully available under Apache 2.0

FinOps 100

FinOps FinOps Computation Collections 100

Atlassian

FEBRUARY 18, 2022

Related Article. Related Article. In a recent Harvard Business Review article, Edmondson writes about how the blurring between work and life requires leaders to take team member’s personal lives into account when they’re making scheduling decisions. You’re free to make mistakes in the interest of learning. By Sarah Goff-Dupont.

Computation 132

Computation Accounting Accounting 132

Nanonets

SEPTEMBER 20, 2024

Traditional Methods for Table Extraction Table extraction relied primarily on three main approaches: rule-based systems, traditional machine learning methods, and computer vision methods Each of these approaches has its own strengths and limitations, which have shaped the evolution of table extraction techniques.

Computation 135

Computation Financial Reporting Invoicing Financial Analysis 135

Accounting Tools

JULY 15, 2024

For example, it may be necessary to increase the headcount in certain areas, which in turn will require more office space and computer equipment. The plan may result in operational and financial issues that must be addressed. Further, an expansion of the business may call for more financing, either in the form of debt or equity.

Budgeting 75

Budgeting Computation 75

Nanonets

OCTOBER 18, 2024

Reasons for Hallucinations Bad Training Data Like mentioned at the beginning of the article, LLMs have basically one job - given the current sequence of words, predict the next word. " Analyze the logits for the "Yes" and "No" tokens and compute the likelihood that the model believes its answer is correct.

Computation 97

Computation Billing Accounting Accounting 97

Accounting Tools

JUNE 12, 2023

Observe the physical inventory count , obtain confirmation of inventories held at other locations, test shipping and receiving cutoff procedures, examine paid supplier invoices, test the computation of allocated overhead , review current production costs, trace compiled inventory costs to the general ledger. Fixed assets.

Financial Statements 76

Financial Statements Auditing General Ledger Bank Reconciliation 76

Accounting Tools

NOVEMBER 20, 2023

IP Phone Timekeeping If a company uses Voice Over Internet Protocol (VOIP), it is accepting and receiving phone calls through the company computer network, rather than through phone lines. Related Articles Exception Time Reporting Payroll Cards Time Sheet Time Ticket Timekeeping by Telephone (podcast)

Payroll 74

Payroll Data Entry Computation Auditing 74

Accounting Tools

JUNE 25, 2024

Thus, a laptop computer could be considered a fixed asset (as long as its cost exceeds the capitalization limit). Related Articles Fixed Asset Disposal Accounting Fixed Asset Impairment Accounting Overview of Depreciation When to Stop Assigning Costs to a Fixed Asset Which Costs to Assign to a Fixed Asset

Computation 52

Computation Financial Reporting Auditing Accounting 52