Wed.May 29, 2024

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Recruiting practices to combat the hiring crisis in accounting

Accounting Today

Firms are using different recruiting practices to attract younger talent, thinking outside the standard talent pool and prioritizing company culture and personal growth opportunities.

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Fidesic AP Suite Announces Multi-Entity Integration for Microsoft D365 Business Central

Fidesic blog

Vendor invoices are now easier to process for AP professionals using Microsoft Dynamics Business Central with Binary Stream Multi-Entity Management (MEM).

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Expanded 401(k) eligibility is taking businesses by surprise

Accounting Today

There's a new method of counting defined contribution retirement plan participants that can make a big difference for clients.

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Why automating non-PO invoice processing doesn’t have to be a tall order

Cevinio

Learn how our solution autonomously handles both PO and non-PO invoice processing, boosting efficiency and compliance in your AP department.

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Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

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PwC to become reseller for OpenAI's ChatGPT Enterprise

Accounting Today

PwC announced it has made a deal with OpenAI to become the first reseller for ChatGPT Enterprise.

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8 Ways to Accept Payments Online For Your Small Business

Counto

8 Ways to Accept Payments Online For Your Small Business As a small business owner, accepting online payments is crucial for your success. In today’s digital world, providing a variety of payment options can significantly enhance your customer experience and streamline your business operations. Let’s explore the different methods you can use to accept payments online, tailored to fit various business needs and preferences. 1.

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Paperless Accounting: Benefits and Best Practices

LedgerDocs

In recent years there has been a massive emphasis on prioritizing efficiency and sustainability in your business practices. One significant shift that many accounting, bookkeeping, and financial management firms are making is moving towards a more paperless approach to managing their clients files. By digitizing financial documents and introducing automation into data entry and categorization processes, many companies have been able to save time and money, reduce errors, and contribute to enviro

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FAF marks GASB and FASB anniversaries

Accounting Today

The Financial Accounting Foundation commemorated the 40th anniversary of the creation of the Governmental Accounting Standards Board in its annual report and also referenced the 50th anniversary last year of the Financial Accounting Standards Board.

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Amazon S3 vs Google Cloud Storage vs Azure Storage Cost

Economize

Introduction to Cloud Storage Pricing Cloud storage pricing is a critical aspect for businesses looking to store and manage their data efficiently. Cloud Pricing Models can vary significantly among service providers, often influenced by factors such as storage capacity, data transfer volumes, and additional features like data redundancy, security, and access speed.

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PwC lost Big China clients after Evergrande-linked probe

Accounting Today

China Taiping Insurance Holdings, China Merchants Bank, China Railway Group, China Electronics Huada Technology and People's Insurance Company (Group) of China are among those that changed auditors.

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Travel and Expense Policy Success: Your Essential Checklist

Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.

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Tax Plan Carefully with HSA Recommendations

Insightful Accountant

HSAs offer triple tax benefits: pretax contributions, untaxed earnings, and penalty-free withdrawals for medical expenses. Tax pros should be cautious of pitfalls in client tax planning with HSAs.

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Treasury, IRS propose guidance on clean electricity tax credits

Accounting Today

The proposed rules on the Clean Electricity Production Credit and the Clean Electricity Investment Credit aim to spur renewable energy development.

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May 29, Organized Recordkeeping System - Home Based Office Filing System

Bookkeeping Essentials

What is the best recordkeeping system to get and stay organized so you can get rid of those drawers of stashed receipts? Simple choices and guidelines to eliminate stress and panic.

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ISSB releases jurisdictional guide to sustainability standards

Accounting Today

The International Sustainability Standards Board and the IFRS Foundation published an inaugural guide to using their standards in different countries.

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If It Aint Broke, Don’t Fix It: A Dangerous Mindset

Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

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13 Best Integrations for Sage Software in 2024

Ace Cloud Hosting

Sage Software is a powerful tool for managing your business but integrating it with additional services can unlock even more potential. This blog post explores the top 13 integrations and.

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Move beyond the busy season mindset and take control

Accounting Today

There are advantages to an extended (but carefully scheduled) tax season.

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May 29, Benefits of Good Bookkeeping Practices | What Do I Get Out Of It?

Bookkeeping Essentials

Ever wonder if you're following good bookkeeping practices? Do you just cross your fingers hoping the tax assessor won’t call? You’re organized, keep up with.

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How To Make Credit Notes? Process and Tips!

Invoicera

Introduction Have you ever been faced with the inconvenience of addressing customer returns or fixing invoice mistakes? Then you are not by yourself. Credit notes are essential because businesses frequently have to make corrections to transactions or issue refunds. Recent industry statistics state that more than 60% of organizations struggle with credit note administration, which could have a negative impact on their financial stability and cause possible disruptions.

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Navigating Corporate Travel Changes Post-Pandemic

Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

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Future of Accounting: The 2024 Annual Guide

Future Firm

Discover the future of accounting this 2023 and learn specific tips and strategies on how you can best prepare for it. The post Future of Accounting: The 2024 Annual Guide appeared first on Future Firm.

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A Practical Guide to Purchase Order Systems

Nanonets

Purchase orders (PO) are legal documents that are drawn to finalize contracts between a buyer and a supplier. Today, the purchase order has become an indispensable part of modern businesses. It is involved whenever goods or services are being procured and plays critical roles in formalizing agreements tracking orders controlling expenditures resolving disputes However, managing these purchase order documents manually is a big hassle. manual purchase order processing can increase cycle times

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Pricing High Can Make You Busier

Future Firm

Discover the drawbacks of pricing high. Learn to balance profitability with manageable work hours and scale your services effectively. The post Pricing High Can Make You Busier appeared first on Future Firm.

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AWS FinOps: Why, How, and 6 Tools to Get You Started

finout

What Is FinOps? FinOps is a framework and organizational paradigm which aims to increase the business value of cloud investments. It provides the data needed for informed decision making and encourages financial accountability via collaboration between technical roles, finance, and business teams.

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4 Things Great Companies Do to Improve Cash Flow

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

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Introducing Xero’s new UK plan line-up from September

Xero

We want to meet the needs of small businesses and their advisors well into the future. That’s why we’re simplifying our subscription plans for UK small businesses and partners, which will be available from 12 September 2024. The new plans are designed to give you easier access to the tools to help run your business efficiently. That means fewer add-ons, as more key features are included in plans.

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Enhanced Functionality Comes to QuickBooks via QuickBooks Time

Insightful Accountant

QuickBooks Time users can now access more 'time' features within QuickBooks without having to switch to QuickBooks Time.

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Member Spotlight: Emerging Leader Award

NACM

In every industry, exceptional leaders offer direction, inspiration and guidance, serving as the cornerstone of organizational progress and growth. But leadership goes beyond leading from the front—it fosters new voices, fresh perspectives and untapped potential.That's why NACM actively seeks future credit leaders who will shape the direction of th.

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Yellen embraces carbon market potential

Accounting Today

The Biden administration unveiled a framework that includes principles to help ensure the trading regimes deliver real emissions reductions.

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The Financial Leaders Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.