Wed.May 29, 2024

article thumbnail

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.

article thumbnail

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).

AP 246
professionals

Sign Up for our Newsletter

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

article thumbnail

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.

Tax 334
article thumbnail

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.

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

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.

328
328
article thumbnail

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

More Trending

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

Auditing 189
article thumbnail

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.

article thumbnail

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.

Tax 59
article thumbnail

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.

Tax 195
article thumbnail

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.

59
article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

59
article thumbnail

Move beyond the busy season mindset and take control

Accounting Today

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

Tax 154
article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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

article thumbnail

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.

article thumbnail

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.

FinOps 52
article thumbnail

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

article thumbnail

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.

XERO 55
article thumbnail

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.

article thumbnail

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.

5
article thumbnail

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.

article thumbnail

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.