Accounting Today

MARCH 28, 2024

Experts share what young accountants should look for in a firm and how to approach their careers.

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Accounting Accounting 338

Fidesic blog

MARCH 28, 2024

If you are using Microsoft Dynamics GP and moving to Dynamics 365 Business Central, Dimensional Accounting is one of the major differences you will encounter in your accounting processes. Dimensional accounting has become a standard process available in many contemporary accounting software and ERP solutions. In this post we give a basic definition of Dimensional accounting and then give a rundown on how Business Central Dimensional accounting is different from Dynamics GP processes.

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Accounting Today

MARCH 28, 2024

Farming it out; short circuited; California dreamin'; and other highlights of recent tax cases.

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Tax 314

Accounting Department

MARCH 28, 2024

Efficient financial processes are essential for the success and growth of any business. However, managing tasks like invoicing, payroll management, and financial reporting can be time-consuming and complex, diverting valuable resources from core operations. This is where client accounting services come into play. In this blog post, we will explore how client accounting services (CAS) streamline financial processes for businesses, highlighting the benefits of outsourcing accounting functions to i

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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

MARCH 28, 2024

New SEC cybersecurity disclosure rules are now in effect. Here's what CFOs should be doing to comply with the new requirements.

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Counto

MARCH 28, 2024

Your Guide to Singapore Business Structures and Common Mistakes Choosing the right business structure in Singapore is a critical decision for entrepreneurs, with implications for liability, taxation, and operational flexibility. However, amidst the excitement of starting a new venture, it’s easy to overlook important considerations and fall prey to common pitfalls.

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Corporation Tax Tax 97

Reconciled Solutions

MARCH 28, 2024

Is it time to start repaying your EIDL? Here's what you need to know about the deferment period coming to an end. The post Is it time to start repaying your EIDL? appeared first on Reconciled Solutions.

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Reconciling 83

Accounting Today

MARCH 28, 2024

NetSuite, during its SuiteConnect event in New York City today, announced that it is expanding its generative AI-driven Text Enhance feature with over 200 new places it can be applied.

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Plooto

MARCH 28, 2024

How did you end up in a role in technology? My journey into tech has been shaped by a profound interest in both financial systems and innovation. Over the past five years, I've been deeply entrenched in the dynamic landscape of the tech industry, particularly specializing in the realm of payments. However, my career trajectory has been far from linear, marked instead by a diverse array of experiences that have enriched my perspective.

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Accounting Today

MARCH 28, 2024

The Public Company Accounting Oversight Board sanctioned PricewaterhouseCoopers' member firms in the U.S. and Australia over auditing quality control violations, imposing a $2.75 million and $600,000 penalty.

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Auditing Accounting Accounting 195

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.

Collections

Jetpack Workflow

MARCH 28, 2024

Podcast Summary In this episode of the Growing Your Firm podcast, host David Cristello welcomes John Seiffer, a seasoned business owner and remote CEO, to discuss the concept of Output Thinking and its application in team management. John, a business coach and former president of the International Coach Federation , shares insights on how to make managing teams easier by focusing on visible, measurable outputs.

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Budgeting Accounting Accounting 59

Accounting Today

MARCH 28, 2024

BookSmarts Accounting CEO Jenny Groberg managed to survive a traumatic brain injury and build a firm that empowers women accountants.

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Accounting Accounting 182

Nanonets

MARCH 28, 2024

Though they are harder to obtain than their net 30 and net 60 counterparts, net 90 accounts are extended-period trade accounts that can help businesses improve their creditworthiness in the eyes of investors, vendors, and stakeholders. Most vendors offer net 90 terms only in certain circumstances, often relying on external credit reporting agencies to verify a customer’s financial standing.

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Accounting Today

MARCH 28, 2024

The Top 25 Firm is adding a tax, assurance, advisory and real estate consulting firm in Birmingham, Alabama.

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Tax 182

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.

Accounts Payable

Plooto

MARCH 28, 2024

Understanding the role and purpose of accounts payable (AP) is crucial for your company's financial health. Efficiently managing your AP can help you stay on top of payments and have better control of your cash flow.

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Accounts Payable Accounts Payable AP Accounting 52

AvidXchange

MARCH 28, 2024

Table of Contents: What Is an Automated Payment? | The Benefits of Automated Payments | How to Choose the Best Payment Automation Software | Are Automated Payments Right for My Business? Making supplier payments can be a time-consuming and complex task for finance departments – different suppliers prefer varying payment methods, offer different terms and require certain procedures depending on the situation.

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Plooto

MARCH 28, 2024

The accounts receivable turnover ratio can be a helpful metric in determining the efficiency of your accounts receivable (AR) processes. The AR turnover ratio measures the number of times debts are collected from customers over a specified period.

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Accounts Receivable Accounts Receivable Account Receivables AR 52

Economize

MARCH 28, 2024

Introduction Effective financial management is important for businesses to run a productive cloud infrastructure. As businesses increasingly migrate towards cloud technology, improving efficiency and controlling cloud-related expenditures has become more crucial. Cloud costs can fluctuate significantly due to changes in usage patterns, service configurations, and the adoption of new cloud capabilities.

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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.

Accounting

Tipalti

MARCH 28, 2024

How can procurement teams increase spend under management and accurately measure KPIs? Learn the best practices for spend under management in this comprehensive article.

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Nanonets

MARCH 28, 2024

Ramp is a fast-growing spend management platform that provides modern corporate card and accounts payable solutions. It's especially popular among startups and SMBs seeking to streamline expense reporting. Ramp automates receipt matching, integrates with other accounting software, and simplifies the spend management process. But every company is different.

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Tipalti

MARCH 28, 2024

Learn how to streamline procurement processes, maximize efficiency, and empower your organization's purchasing operations with our ultimate guide to purchase requisitions.

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Accounting Tools

MARCH 28, 2024

What is Balance per Books? Balance per books is the ending balance of an account that appears in the general ledger. The concept is commonly used in regard to the ending cash balance, which is then compared to the cash balance in the monthly bank statement as part of a bank reconciliation. Balance per Books vs. Bank Balance The balance per books is the ending balance in the accounting records of an organization, while the bank balance is the ending cash balance in an organization’s bank account,

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Bank Reconciliation General Ledger Deposits Auditing 40

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.

Payroll

Tipalti

MARCH 28, 2024

The core purpose of the cost reduction process is to eliminate unnecessary business spend. But what are the best ways to implement an effective cost-reduction process? Read on.

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Accounting Tools

MARCH 28, 2024

What is a Lawsuit Payable? A lawsuit payable is a general ledger account that contains the amount owed to the opposing party in a lawsuit. Liabilities are only recorded in this account if the amount to be paid is both probable and can be estimated. Presentation of a Lawsuit Payable The lawsuit payable account is usually classified as a current liability , since lawsuit payments are typically paid within one year.

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General Ledger Financial Statements Accounting Accounting 40

Tipalti

MARCH 28, 2024

Review the best travel and expense management software solutions with AP automation capabilities. Simplify your business trips and streamline expenses.

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AP 40

Accounting Tools

MARCH 28, 2024

What is Leverage? Leverage is the use of debt to finance an organization’s activities and asset purchases. When debt is the primary form of financing, a business is considered to be highly leveraged. Leverage is used to increase the return on equity for investors. In essence, using debt instead of equity can boost the return that investors are experiencing.

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Corporate Finance Financial Analysis Financial Statements Tax 40

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

Tipalti

MARCH 28, 2024

Procurement automation can help you streamline purchasing workflows, improve efficiency, and drive cost savings. Empower your organization with the tools needed to navigate the future of procurement seamlessly.

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Accounting Tools

MARCH 28, 2024

What is a LIFO Liquidation? A LIFO liquidation occurs when an organization using the last in, first out concept to track its inventory costs uses up its oldest inventory layer. Under the LIFO method, the cost of the last inventory acquired is assigned to the first inventory used. This results in layers of costs in the LIFO database, each one related to the purchase of inventory on earlier dates.

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Auditing Accounting Accounting 40

Tipalti

MARCH 28, 2024

Learn what open banking is and how it opens up financial resources, apps and tools for consumers so they can have more control and foresight over their financial wellbeing.

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Accounting Tools

MARCH 28, 2024

What is a Limited Liability Company? A limited liability company (LLC) is a business entity that provides its owners with the limited liability protection of a corporation , while allowing earnings to pass through to the owners for tax purposes. Thus, an LLC combines the best features of a corporation and a partnership while not being classified as either one.

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Tax Accounting Accounting 40

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

CPA