Wed.Sep 11, 2024

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Opportunity zones and other gain deferral strategies save on taxes

Accounting Today

The OZ program allows investors to defer their capital gains from sales of appreciated real estate, stocks, businesses, personal residences, collectibles and even crypto through 2026.

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Data-Driven Insights: Enhancing Decision-Making in Your Organisation

Compleatable

In today’s fast-paced business environment, making informed decisions is crucial for success. That’s why we’re excited to show you recent webinar, “Data-Driven Insights: Enhancing Decision-Making in Your Organisation” This insightful session is hosted by Compleat Software and features Mark Donaldson, from Roveel as our main speaker.

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Tax inflation adjustments expected to shrink

Accounting Today

Bloomberg Tax & Accounting projects that inflation-adjusted amounts in the Tax Code will increase 2.8% in 2025 — roughly half the increase in 2024 and down from 7.1% in 2023.

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Top 10 Features of Lacerte Software Every Should Know

Ace Cloud Hosting

Lacerte Tax is a robust tax preparation software by Intuit for mid to large businesses. It caters to the needs of individual taxpayers and business clients for a seamless tax.

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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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Illinois CPAs meet to discuss major issues in profession

Accounting Today

Illinois CPA Society president and CEO Geoffrey Brown and chair Deborah Rood discussed some of the hot topics in the accounting profession during a recent ICPAS Summit.

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How to Reduce Friction in Collections

Reconciled Solutions

We're expanding on the art of getting paid this month. Let's take a deep dive into how you can reduce friction in collections. The post How to Reduce Friction in Collections appeared first on Reconciled Solutions.

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QuickBooks vs. FreshBooks: Which One is Best in (2024)

Ace Cloud Hosting

In today’s competitive business environment, effective financial management is crucial for success. With numerous accounting software options available, choosing the right one can be overwhelming. Two popular contenders in the.

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Oracle NetSuite boosts AI capacity across product suite

Accounting Today

Oracle NetSuite announced major AI-related enhancements to numerous products across its product suite.

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Shipping Success: Starting a Courier Business in Singapore

Counto

Shipping Success: Starting a Courier Business in Singapore Starting a courier business in Singapore offers a lucrative opportunity, driven by the city-state’s vibrant e-commerce market and growing demand for reliable delivery services. This guide will help you navigate the essential steps to successfully set up and grow your courier business. 1. Market Analysis 1.1 Identify Your Clients Target Market: Determine who will use your delivery services, including online retailers, local businesses, or

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Working with ADHD: A toolkit for accountants

Accounting Today

With the right support, the neurodivergent can thrive in accounting.

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

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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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How to Match Purchase Orders to Multiple Bills in NetSuite : A Step-by-Step Automation Guide

Nanonets

Managing multiple bills for a single purchase order is a common scenario in many businesses. Whether you use the NetSuite UI, API, or SuiteScript, NetSuite has a bunch of options to help you streamline this process. In this guide, we'll explore how to match a single purchase order to multiple vendor bills, using each of these methods. We'll also discuss the limitations of certain methods (like NetSuite's REST API) compared to the SOAP API.

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Differences in Incorporating Your Business in Singapore vs. Other Countries

Counto

Differences in Incorporating Your Business in Singapore vs. Other Countries Choosing where to incorporate your business can significantly impact its success. Singapore is renowned for its efficient incorporation process, tax advantages, and strategic location. This blog highlights how incorporating in Singapore compares to other countries, focusing on key areas such as regulatory environment, taxation, operational efficiency, and access to markets. 1.

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How To Create Vendor Bills on NetSuite using the API

Nanonets

Efficiently managing vendor bills is vital for maintaining a business's financial health. Relying on manual entry can result in delays, errors, and discrepancies that disrupt cash flow. Automating vendor bill creation through the NetSuite API offers a seamless solution that saves time and boosts accuracy. However, the complexity of the NetSuite API can be overwhelming.

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What the New Parental and Paternity Leave Changes Mean for Singapore Employers

Counto

What the New Parental and Paternity Leave Changes Mean for Singapore Employers The recent announcements made during the National Day Rally 2024 signal significant changes to Singapore’s parental and paternity leave policies. While these enhancements are designed to support families, they also bring challenges and considerations for small business owners.

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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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NetSuite 2024.2 In-depth - Part 2

Insightful Accountant

This is a prologue to Murph's new series on Oracle NetSuite with an emphasis on their 2024.2 Release product enhancements. Today's article gives you a glimpse at some of their Manufacturing and Warehouse features.

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10 Ways We’re Getting Serious With Cybersecurity

Future Firm

Don't take cybersecurity for granted. Learn 10 steps we're using to protect ourselves and how they can help safeguard your business too. The post 10 Ways We’re Getting Serious With Cybersecurity appeared first on Future Firm.

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Optimizing Your Firm Sales Process

Insightful Accountant

Sales, Onboarding, and Service is commonly referred to as SOS in operations. This triad forms the backbone of client relationships and firm growth, making it essential for long-term success.

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November's election is shaping up to be critical to tax planning

Accounting Today

Whoever wins, '2025 is going to be a very interesting tax legislative year.

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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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New NetSuite Connector for SalesForce On-the-way

Insightful Accountant

A new NetSuite - SalesForce integration, planned for release within the next 12-months, should help users enhance data management, streamline processes, expand business insights, and improve decision-making.

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Harris has Trump on defense in sharp-elbowed presidential debate

Accounting Today

The vice president noted her plans for expanding the child tax credit, offering mortgage assistance to new homebuyers, and a deduction for small businesses — while attacking Trump over proposed tariffs.

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SuiteProcurement hopes to reduce ‘cost of doing business.’

Insightful Accountant

Oracle NetSuite’s new procurement offering and vendor collaborations with Amazon Business and Staples Business Advantage should help businesses increase productivity and control spending.

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Trump and Harris debate touched on taxes

Accounting Today

The debate Tuesday night between Vice President Kamala Harris and former President Donald Trump in Philadelphia included little discussion about taxes, but pointed to at least some of their economic policies.

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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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New User Experience for Oracle Fusion Cloud Supply Chain & Manufacturing

Insightful Accountant

To help organizations build smart and responsive supply chain operations, Oracle has announced new user experience enhancements within Oracle Fusion Cloud Supply Chain & Manufacturing (SCM).

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From Talking to Doing: Revolutionizing Your CPA Firm's Approach to Client Services

Insightful Accountant

As a CPA firm owner, you've likely heard about being proactive. In fact, the word has become so overused that it is talked about constantly. But are you walking the walk?

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Top ProAdvisor Profiles: Michelle Smith

Insightful Accountant

Michelle Smith, of Fourlane is one of our 2024 Top 100 (US) ProAdvisors, and is our featured ProAdvisor this week.

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Overview: NetSuite Manufacturing Mobile Enhancements

Insightful Accountant

Enhanced Manufacturing Mobile functionality bolsters Manufacturing and Supply operations for NetSuite users.

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Solve Your Firm's 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.

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Offshoring in Accounting: Insights from Justin Roper of TOA Global at Xerocon 2024

Insightful Accountant

Gary DeHart of Insightful Accountant and Justin Roper, Director of New Business for TOA Global North America, discuss the growing adoption of offshoring by accounting firms in the U.S. and Canada.