Fri.Jun 14, 2024

article thumbnail

Tech news: Big Four firms announce strategic alliances

Accounting Today

Plus, Bill360 solution offers AR automation; Certa announces gen AI capacities, new ESG module; and other accounting tech news.

AR 328
article thumbnail

The Importance of Transparency in Business | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

Andrea Boccard teams up with Dennis Najjar, co-founder of AccountingDepartment.com, to explore the pivotal role of transparency in business success.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IRS pushes recruitment with updated Careers site

Accounting Today

For tax pros, the IRS is also hosting recruiting events at its Nationwide Tax Forums.

Tax 317
article thumbnail

The Struggles of Digitizing Bookkeeping Documents and How Overcome Them

LedgerDocs

Digitizing bookkeeping documents has become necessary to keep up with modern business document filing standards, however the journey from paper to pixels can be a challenging one. Here are some common struggles faced during this transition and the LedgerDocs solution: 1. Volume and Variety of Documents The Problem: The sheer volume of invoices, receipts, financial statements and tax forms that need to be scanned, uploaded and filed can make this task overwhelming to start.

article thumbnail

Breaking Ground on Better Payment Processes: Strategies for Construction Pros

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.

article thumbnail

A midyear multistate payroll compliance checklist

Accounting Today

If you have clients with employees in more than one state, they must pay attention to the payroll-related rules and tax responsibilities in the states where those staff live and work.

Payroll 311
article thumbnail

Everything You Need to Know About IRS Form 1040 Schedule 2

Ace Cloud Hosting

IRS Form Schedule 2 is one of the most common forms that many taxpayers need to fill if they are self-employed, have household employees, or have other situations shared in.

59

More Trending

article thumbnail

5 Ways that BPA Software Makes Invoice Approvals Better

NextProcess

In the accounts payable department, the ideal invoice approval workflow should be seamless, efficient, and cost-effective. Invoices arrive in the department, they’re verified through document matching (with exceptions flagged for review), the approvers are notified that invoices are ready for review, approvals come through, payments are made, and the bookkeeping entry is finalized.

article thumbnail

IMA tries to attract young accountants

Accounting Today

The Institute of Management Accountants held its annual conference this week in San Antonio, Texas, where it discussed ways to attract more people to join the profession.

article thumbnail

How Much Do Employers Pay in Payroll Taxes?

CSI Accounting & Payroll

As a small business owner, you have financial obligations to the government with every employee you hire. When considering the cost of an employee, you need to think of expenses beyond their salary – including how much you’ll need to pay in payroll taxes.

Payroll 52
article thumbnail

SCOTUS asks for input on cert decision in SALT case

Accounting Today

The Supreme Court asked the solicitor general to weigh in on whether a Pennsylvania tax case has federal ramifications.

Tax 299
article thumbnail

The Growth Architect: How Financial Leaders are Unlocking Potential

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.

article thumbnail

Bill360 Introduces Advanced AR Automation at Scaling New Heights

Insightful Accountant

Bill360, an end-to-end accounts receivable automation solution,

AR 52
article thumbnail

Australia needs consulting contracts policing after PwC woes

Accounting Today

Intense scrutiny that began last year with revelations that the Australian arm of PricewaterhouseCoopers LLP shared confidential information from its work with the government on upcoming tax changes to generate new business at private firms.

Tax 195
article thumbnail

Procure-to-Pay Process & how to optimize P2P Cycle

Nanonets

Businesses today purchase various kinds of goods and services for different purposes. The procure-to-pay process encompasses all processes involved in the entire lifecycle of purchasing goods and services. From initial requisition to final payment, this process involves multiple stakeholders with complex workflows and necessitates significant financial checks and control over itself.

article thumbnail

CFOs concerned about economy ahead of election

Accounting Today

CFOs remain divided on the prospects for the economy and continue to see risks from inflation, cybersecurity, generative AI and talent shortages, according to a new survey from Deloitte.

article thumbnail

2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

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!

article thumbnail

How to do Balance Sheet Reconciliation

Nanonets

What is Balance Sheet Reconciliation? What is a Balance Sheet? A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time. Balance sheet reconciliation is a critical financial process that aligns the financial statements with external documentation such as bank statements, invoices, and general ledger entries.

article thumbnail

Michigan's Plante Moran opens first office in New York City

Accounting Today

The century-old accounting and management consulting firm based is expanding its presence beyond its Midwestern base.

article thumbnail

Ultimate Guide to Accounts Payable In D365 Business Central

Nanonets

Efficient management and juggling your business’s Accounts Payable (AP) is one of those accounting tasks that goes unnoticed by most – until there’s a problem. But effective AP management is key for a business’s financial health , helping balance cash flow with maintaining positive vendor or supplier relationships. Likewise, there’s more to the term “AP processes” than meets the eye; it encompasses the complete cycle from invoice receipt to paymen

article thumbnail

An accountant's approach to a suggestion scheme

Accounting Fun

A firm of accountants (that shall remain nameless) wanted to engage their staff in an efficiency drive so that everyone understood the need to be careful with the firm's money. The partners introduced a suggestion scheme facility and promised a prize of £100 for the best suggestion each month - in terms of a simple to implement money saving measure.

article thumbnail

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

article thumbnail

Trump tells CEOs he would cut corporate tax rate to 20%

Accounting Today

Donald Trump promised to lower the corporate tax rate to 20%, further reducing the income levy on the largest U.S. companies that he already slashed while president.