Accounting Today
JUNE 20, 2024
The Internal Revenue Service plans to begin slowly paying some of its older claims for the fraud-plagued Employee Retention Credit this summer but is not lifting its moratorium.
Intuit
JUNE 20, 2024
In partnership with the Los Angeles Urban League, we announced the expansion of the Intuit IDEAS (Invest, Develop, Empower, Accelerate, and Scale) Program. The program, which began as a pilot in Los Angeles, will now expand to a total of 100 small business owners; applications for the three cities are now open in Atlanta , Los Angeles and Philadelphia.
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Accounting Today
JUNE 20, 2024
We've been talking about the burnout crisis for decades, but the talk needs to turn into action.
Intuit
JUNE 20, 2024
Intuit’s Global Engineering Days (GED)—a week-long code-a-thon that brings together technologists from all corners of the globe—has long been a driving force behind the company’s mission to power prosperity for millions of consumer and small business customers. The May 2024 proved to be a powerhouse of creativity and innovation, marking the highest participation ever for Intuit’s global tech community who gathered to “Build our Next Chapter” at Intuit.
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Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.
Accounting Today
JUNE 20, 2024
Card shark; the roof falls in; a dynamic duo; and other highlights of recent tax cases.
FinOps Foundation
JUNE 20, 2024
Key Insight: FOCUS is the unifying format for cloud bills. The FOCUS 1.0 release has been formally ratified for General Availability. FOCUS is being adopted by end user FinOps Practitioners, leading cloud Infrastructure-as-a-Service (IaaS) providers, and FinOps tool vendors, who all benefit from removing complexity associated with cloud billing data normalization.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
FinOps Foundation
JUNE 20, 2024
Key Insight: While you can get to a Run state for individual FinOps Capabilities, your entire practice can not exist in a perpetual Run state across all Capabilities. Clouds, business strategies, and the economy are changing all the time. Mature FinOps practices have the ability to prioritize Capabilities that are important right now, and deprioritize others as changes occur.
Accounting Today
JUNE 20, 2024
The U.S. Supreme Court upheld a 2017 tax on American-owned businesses' foreign profits, rejecting an appeal that could have saved companies hundreds of billions of dollars.
Insightful Accountant
JUNE 20, 2024
Some ProAdvisors feel odd about nominating themselves, you really shouldn't. more than 70% of those achieving award status in our 2024 process were self-nominees. Murph tells you the advantages of self-nomination in today's feature.
Accounting Today
JUNE 20, 2024
Paul English plans to further extend the accounting and advisory firm network to more countries.
Speaker: Susan Richards
Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
Billing Platform
JUNE 20, 2024
Enterprise billing refers to an advanced and sophisticated system designed to meet the complexities of large-scale businesses across all billing processes like invoicing, payment processing, dunning, collections, revenue recognition, taxation, credits and refunds, etc. It leverages automated and integrated tools that streamline the entire billing process and facilitate accurate and timely billing.
Accounting Tools
JUNE 20, 2024
What is a Product Cost? Product cost refers to the costs incurred to create a product. This cost can be used in several ways, either to report on the financial results of a business, or to make decisions about the viability of a product. Consequently, the accumulation of product costs forms a key element not only of an organization’s financial reporting, but also its management decision-making.
Ace Cloud Hosting
JUNE 20, 2024
Welcome to the second installment of our blog series on “QuickBooks Cloud Accounting.” In the previous blog, we explored “What QuickBooks Cloud Accounting Is and Why It is Needed” In.
Jetpack Workflow
JUNE 20, 2024
Podcast Summary On this episode of Growing Your Firm, host David Cristello welcomes back Nayo Carter-Gray , owner of 1st Step Accounting. Nayo, an enrolled agent and Advanced Certified QuickBooks Online Pro Advisor, is known for making accounting less taxing. The conversation also covers the importance of diversity and inclusion in various aspects of business, setting boundaries in work, and prioritizing work-life balance, accounting automation, and technology in the accounting industry.
Speaker: Danny Gassaway and Wayne Richards
Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.
Billing Platform
JUNE 20, 2024
Enterprise billing refers to an advanced and sophisticated system designed to meet the complexities of large-scale businesses across all billing processes like invoicing, payment processing, dunning, collections, revenue recognition, taxation, credits and refunds, etc. It leverages automated and integrated tools that streamline the entire billing process and facilitate accurate and timely billing.
CSI Accounting & Payroll
JUNE 20, 2024
Whether you’re trying to sell your business or buy a business , you should know whether a stock sale or an asset sale is more beneficial for your situation.
Blake Oliver
JUNE 20, 2024
Want to solve the US accountant shortage? Argentina may have the solution! I know it sounds crazy, but hear me out. I recently spoke with Nicolás Villafañe , an accountant from Argentina (and partner at South Offices), on The Accounting Podcast. What he shared about the accounting profession in his country blew me away. In the States, we're struggling to attract new talent.
Insightful Accountant
JUNE 20, 2024
IRS denies high-risk claims and processes low-risk ones. Scrutiny continues as compliance work hits $2B—consultation with Congress on moratorium.
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It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.
oAppsNet
JUNE 20, 2024
As businesses continue to evolve in the digital landscape, automation software is set to play a pivotal role in transforming payment processing. This shift is about improving speed and efficiency, enhancing security, and providing a seamless experience for businesses and consumers. This article explores the various facets of how automation will reshape the payment processing industry. 1.
Cloud Accounting Podcast
JUNE 20, 2024
Sponsors LiveFlow - [link] RightRev - [link] Makers Hub - [link] Chapters (00:38) - Blake's Conference Adventures (03:13) - AI and the Future of Auditing (05:16) - Insights from the IMA Conference (10:00) - The AI Tipping Point (14:48) - Microsoft Announces Delay of Their Ai Recall Tool (21:33) - AI in Financial Statement Analysis (34:12) - Community and Future Plans (38:08) - Synapse Bankruptcy and What It Means for FinTech Banks (49:50) - PwC and OpenAI Partnership (51:39) - EY Is Spending $1
Accounting Tools
JUNE 20, 2024
What is Prepaid Income? Prepaid income is funds received from a customer prior to the provision of goods or services. The prepaid income concept is usually seen in businesses that require prepayment for the manufacture of custom goods. It is not used in other industries, such as retailing, where payment is always made at the time of sale or later. Accounting for Prepaid Income Prepaid income is considered a liability , since the seller has not yet delivered, and so it appears on the balance shee
Accounting Tools
JUNE 20, 2024
What is Payment on Account? A payment on account occurs when a payment is received from a customer , and there is no notation with the payment regarding which invoice is being paid. A payment on account can also refer to an advance payment, which the recipient then applies to subsequent invoices as they are generated. Accounting for a Payment on Account When a payment on account transaction occurs, the seller records the payment in a pending account, while depositing the check and maintaining al
Speaker: Jennifer Hill
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
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