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 Software Accounting Accounting Accounts Payable 245

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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Financial Reporting Invoice Processing Accounting Accounting 215

Advertiser: Paycor

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!

Payroll

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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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 97

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

Accounting Today

MARCH 28, 2024

The campaign is part of a larger effort by the IRS to increase its scrutiny of high-income taxpayers and large businesses to help close the tax gap.

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Tax Corporation Tax Auditing 235

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

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: 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

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

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: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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.

Accounting

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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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.

Accounting

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

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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Advertisement

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.

Financial Statements

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

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 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

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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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

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

Explore the profound impact of artificial intelligence on modern financial practices. Learn how AI accounting is revolutionizing the financial industry, and what it means for your business.

Accounting 40

Accounting Accounting 40

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

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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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.