Accounting Tools

MARCH 3, 2024

What is a Liability? A liability is a legally binding obligation payable to another entity. Liabilities are incurred in order to fund the ongoing activities of a business. Larger and longer-term liabilities are used to pay for the acquisition of assets that can expand the capacity and capabilities of a business. Examples of liability accounts are trade payables, accrued expenses payable, and wages payable.

Bookkeeping 75

Bookkeeping Auditing Accounting Accounting 75

IMA's Count Me

MARCH 3, 2024

Welcome to the Count Me In Podcast! In this episode, host Adam Larson invites Soufyan Hamid , a highly experienced finance professional with over 15 years in the industry. Soufyan is also the founder of SouFBP , a global consulting firm that helps finance professionals enhance their presentation delivery. Join Adam and Soufyan as they delve into Soufyan's remarkable journey in the accounting field, from working with top-tier firms to transitioning into corporate finance.

Corporate Finance 64

Corporate Finance Accounting Accounting 64

CSI Accounting & Payroll

MARCH 3, 2024

Hi! You probably just discovered CSI and are wondering if you have the potential to be one of our success stories. We can’t guarantee that your dreams will come true just by signing up, but we can talk about the traits we see in our successful clients. If you also have these traits, it could indicate a path to success! Here are the 12 most common traits we see in our most successful clients.

Small Business Accounting 52

Small Business Accounting Accounting Accounting 52

Gaviti

MARCH 3, 2024

A recent survey from Intelligent Automation reports that while 42% of organizations have embraced robotic process automation (RPA), the remaining 58% plan to implement it in the upcoming year. Many of these organizations focus on implementing RPA in the financial and accounts receivable department, where employees are burdened with repetitive manual tasks.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Accounting 52

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

Counto

MARCH 3, 2024

Unleash Your Entrepreneurial Spirit: 10 Best Ecommerce Business Ideas for 2024 In the vast realm of ecommerce, finding the right business idea can sometimes feel like searching for a needle in a haystack. But fear not, fellow entrepreneurs! Whether you’re an experienced business owner or an aspiring startup founder, we’ve carefully selected a collection of 10 ecommerce business ideas suitable for all in this diverse lineup. 1.

Payroll 52

Payroll Collections Tax Accounting 52

oAppsNet

MARCH 3, 2024

In today’s rapidly evolving business landscape, effective vendor management is essential for organizations to maintain competitive advantage, drive operational efficiency, and foster innovation. As businesses increasingly rely on external suppliers and vendors for goods, services, and expertise, the role of technology in streamlining vendor management processes and enhancing collaboration has become paramount.

Vendor Management 52

Vendor Management Auditing Accounting Accounting 52

Accounting Tools

MARCH 3, 2024

What is the Discounted Payback Period? The discounted payback period is the period of time over which the cash flows from an investment pay back the initial investment, factoring in the time value of money. It is primarily used to calculate the projected return from a proposed capital investment opportunity. Advantages of the Discounted Payback Period The discounted payback period adds discounting to the basic payback period calculation, thereby greatly increasing the accuracy of its results.

Financial Analysis 40

Financial Analysis Budgeting 40

Counto

MARCH 3, 2024

8 Financial Questions Every Business Owner Should Ask Themselves Running a business entails more than just offering a great product or service. It requires astute financial management and a deep understanding of your company’s financial landscape. Here are eight important financial questions every business owner should consider: 1. How much does it cost to run my business?

Payroll 52

Payroll Budgeting Tax Accounting 52

Accounting Tools

MARCH 3, 2024

What is a Fee Interest? A fee interest is the legal possession of both the surface and mineral rights for a property. Someone who holds a fee interest has all legal rights to a property, and so can retain it, sell it, or lease it. The owner of a fee interest may choose to sell the surface rights, but retain the mineral rights – or vice versa. An oil and gas firm does not usually acquire a fee interest.

Accounting 40

Accounting Accounting 40

Insightful Accountant

MARCH 3, 2024

QuickBooks planning upgrade to the Human Resource (HR) experience for QBO Payroll users.

QuickBooks 52

QuickBooks Payroll 52

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.

Accounting

Accounting Tools

MARCH 3, 2024

What is a Gas Balancing Arrangement? A gas balancing arrangement settles the over-use or under-use of a gas well by the various partners who have interests in it. This arrangement is needed when there are two or more partners in a gas well, because it helps to avoid disputes among the owners, ensuring that all parties benefit equally from the production of the well.

Financial Statements 40

Financial Statements Accounting Accounting 40

Accounting Tools

MARCH 3, 2024

What is a Finance Lease? A finance lease designation implies that the lessee has purchased the underlying asset, even though this may not actually be the case. In this arrangement, the risks and rewards associated with the leased asset are shifted to the lessee, while the lessee also gains ownership of the asset at the end of the lease term. What is an Operating Lease?

Accounting 40

Accounting Accounting 40

Accounting Tools

MARCH 3, 2024

What is the Balance Sheet? A balance sheet lays out the ending balances in a company's asset , liability , and equity accounts as of the date stated on the report. As such, it provides a picture of what a business owns and owes, as well as how much as been invested in it. The balance sheet is commonly used for a great deal of financial analysis of a business' performance.

Financial Statements 40

Financial Statements Financial Analysis Bookkeeping Accounting 40