Accounting Today

JANUARY 24, 2024

The House Ways and Means Committee reported the text of the Tax Relief for Workers and Families Act after voting last week to advance the bipartisan bill.

Billing 340

Billing Tax 340

Xero

JANUARY 24, 2024

It can be tricky to keep tabs on the taxes and deductions you owe throughout the year as a small business. However, paying on time means getting peace of mind that you’re meeting your GST payment obligations as a business, and avoiding late penalties that cut into your earnings. If your business is registered for GST, you’ll have a number of deadlines to meet during the new year to file and pay GST.

XERO 220

XERO Record Keeping Invoicing Bookkeeping 220

Accounting Today

JANUARY 24, 2024

Businesses are likely to see more sales tax audits in 2024 as a result of changes happening across the states, according to a new report.

Auditing 306

Auditing Tax 306

Accounting Department

JANUARY 24, 2024

From a manufacturing perspective, inventory is everything for business owners that can significantly impact their financial well-being. That is why effective inventory management is of utmost importance for manufacturers or other businesses that keep things on the shelves.

Financial Reporting 209

Financial Reporting 209

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

Accounting Today

JANUARY 24, 2024

The agency is adding new financial reporting and accounting requirements for SPAC deals.

Financial Reporting 312

Financial Reporting Accounting Accounting 312

FinOps Foundation

JANUARY 24, 2024

Key Insight: Assuring Finance leaders that cloud providers are committed to optimizing (and reducing) the cost of cloud services can help give executives confidence to approve cloud migration and usage. A memorable moment for Jennifer, who is Head of Engineering Excellence, was a conversation with Fidelity’s head of Finance, who explained that she has a personal fiduciary responsibility to ensure the company is spending wisely.

FinOps 130

FinOps FinOps 130

FinOps Foundation

JANUARY 24, 2024

Key Insight: Hosting weekly meetings for engineers to share tips and tricks can help establish a collaborative, cost-conscious culture. Aside from a top-down focus and investment into FinOps, Athene also finds value in hosting a weekly ‘cloud demo’ where engineers share tips and tricks for building applications and addressing FinOps. It helps to establish a cost-conscious culture and a sense of community, while upleveling Athene’s engineers, who have experienced rapid change as Athene went from

FinOps 130

FinOps FinOps Accounting Accounting 130

Accounting Today

JANUARY 24, 2024

A client resource hub is a dedicated section of your website that serves as an easy-to-skim central repository of information for your clients.

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195

FinOps Foundation

JANUARY 24, 2024

Key Insight: Granular data helps Wallace give the right level of visibility to each stakeholder and keep everyone aligned to business goals. Wallace’s biggest challenge is dealing with a lot of different types of data: cost data, asset data, observability data, etc., all of which come from different clouds and different teams using different tools. In order to know if FinOps is “working,” SAP reviews spending and optimization progress on a weekly basis– a process sponsored and supported by leade

FinOps 130

FinOps FinOps 130

Accounting Today

JANUARY 24, 2024

Recent research from the Federal Reserve Bank of San Francisco says that working from home has little relationship with productivity, either positive or negative.

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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

FinOps Foundation

JANUARY 24, 2024

Key Insight: Granular data helps Wallace give the right level of visibility to each stakeholder and keep everyone aligned to business goals. Wallace’s biggest challenge is dealing with a lot of different types of data: cost data, asset data, observability data, etc., all of which come from different clouds and different teams using different tools. In order to know if FinOps is “working,” SAP reviews spending and optimization progress on a weekly basis– a process sponsored and supported by leade

FinOps 130

FinOps FinOps 130

Accounting Today

JANUARY 24, 2024

The IRS is pushing back payment and filing deadlines for those hit by January weather.

Tax 195

Tax 195

FinOps Foundation

JANUARY 24, 2024

Key Insight: The definition of Cloud FinOps is evolving to reflect the practices of more than 16,000 community members who are managing public and private cloud together, incorporating other consumption-based PaaS and SaaS solutions, deepening interactions with sustainability and other IT disciplines, and sharpening focus on the overall business value of cloud.

Cloud FinOps 130

Cloud FinOps FinOps FinOps Billing 130

Accounting Today

JANUARY 24, 2024

The superstar player's decision to push back his record-breaking pay intrigued planners who pointed out a bevy of wealth-related questions.

Tax 140

Tax 140

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

FinOps Foundation

JANUARY 24, 2024

Key Insight: Assuring executive s that cloud providers are committed to optimizing (and reducing) the cost of cloud services can help give Finance teams confidence to approve cloud migration and usage. A memorable moment for Jennifer, who is Head of Engineering Excellence, was a conversation with Fidelity’s head of Finance, who explained that she has a personal fiduciary responsibility to ensure the company is spending wisely.

130

130

Insightful Accountant

JANUARY 24, 2024

Surrounded by a passionate group of QuickBooks Accountants, Bookkeepers and ProAdvisors, Dave Talach asked the question, "What's one thing you wish your small business clients knew?" Here are some of his favorite answers.

Account Bookkeeping 105

Account Bookkeeping QuickBooks Accounting Accounting 105

FinOps Foundation

JANUARY 24, 2024

Key Insight: Hosting weekly meetings for engineers to share tips and tricks can help establish a collaborative, cost-conscious culture. Aside from a top-down focus and investment into FinOps, Athene also finds value in hosting a weekly ‘cloud demo’ where engineers share tips and tricks for building applications and addressing FinOps. It helps to establish a cost-conscious culture and a sense of community, while upleveling Athene’s engineers, who have experienced rapid change as Athene went from

FinOps 130

FinOps FinOps Accounting Accounting 130

CSI Accounting & Payroll

JANUARY 24, 2024

Nobody wants to pay more in taxes than they absolutely have to! We’ve all had lunch with a friend who specifically leaves a cash tip so the server doesn’t have to document it. They can pocket it without paying income or FICA taxes, and their employer also doesn’t have to pay the FICA taxes. While this seems like a nice gesture, is it worth the risk to the worker and the small business?

Payroll 52

Payroll Tax Accounting Accounting 52

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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

FinOps Foundation

JANUARY 24, 2024

Key Insight: Granular data helps Wallace give the right level of visibility to each stakeholder and keep everyone aligned to business goals. Wallace’s biggest challenge is dealing with a lot of different types of data: cost data, asset data, observability data, etc., all of which come from different clouds and different teams using different tools. In order to know if FinOps is “working,” SAP reviews spending and optimization progress on a weekly basis– a process sponsored and supported by leade

FinOps 130

FinOps FinOps 130

Future Firm

JANUARY 24, 2024

Clients care about 4 things, and it's important to know them. By doing so, you'll have more success in price increases and much more. The post The Only 4 Things Your Clients Care About appeared first on Future Firm.

Accounting 52

Accounting Accounting 52

FinOps Foundation

JANUARY 24, 2024

Key Insight: The FinOps Foundation’s Technical Advisory Council has approved an updated definition of FinOps. Over the next few months, other changes to the FinOps Framework will follow. On February 26, 2019, the FinOps Foundation was publicly launched on a webinar hosted by a committed group of enthusiasts managing cloud cost and usage, and viewed by dozens of people around the world.

Cloud FinOps 130

Cloud FinOps FinOps FinOps Computation 130

Spenmo

JANUARY 24, 2024

Managing bills and invoices is an integral part of any business, but the traditional manual processes can be time-consuming and prone to errors. According to a report by the Institute of Finance and Management , manual invoice processing can take up to 45 days. Automation can reduce this to five (5) days–a whopping 89% decrease in processing time. In today's fast-paced business environment, efficiency and accuracy are paramount.

Billing 52

Billing XERO Data Entry Invoicing 52

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

FinOps Foundation

JANUARY 24, 2024

Key Insight: Assuring executive s that cloud providers are committed to optimizing (and reducing) the cost of cloud services can help give Finance teams confidence to approve cloud migration and usage. A memorable moment for Jennifer, who is Head of Engineering Excellence, was a conversation with Fidelity’s head of Finance, who explained that she has a personal fiduciary responsibility to ensure the company is spending wisely.

130

130

Bookkeeping Express

JANUARY 24, 2024

Dive into the world of franchise businesses, where established brands and support systems entice entrepreneurs. Success in franchising hinges on effective financial management. In this guide to franchise financials, we’ll navigate the landscape of franchise accounting, shedding light on crucial elements like royalty fees, advertising funds, and franchisee support.

Bookkeeping 52

Bookkeeping Accruals Financial Reporting Collections 52

FinOps Foundation

JANUARY 24, 2024

Key Insight: Hosting weekly meetings for engineers to share tips and tricks can help establish a collaborative, cost-conscious culture. Aside from a top-down focus and investment into FinOps, Athene also finds value in hosting a weekly ‘cloud demo’ where engineers share tips and tricks for building applications and addressing FinOps. It helps to establish a cost-conscious culture and a sense of community, while upleveling Athene’s engineers, who have experienced rapid change as Athene went from

FinOps 130

FinOps FinOps Accounting Accounting 130

Insightful Accountant

JANUARY 24, 2024

Automating tasks like inbox management, client leads, and data collection can save time during tax season. AI tools like ChatGPT offer cost-effective solutions for practice management.

Collections 52

Collections Tax 52

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.

FinOps Foundation

JANUARY 24, 2024

Key Insight: Granular data helps Wallace give the right level of visibility to each stakeholder and keep everyone aligned to business goals. Wallace’s biggest challenge is dealing with a lot of different types of data: cost data, asset data, observability data, etc., all of which come from different clouds and different teams using different tools. In order to know if FinOps is “working,” SAP reviews spending and optimization progress on a weekly basis– a process sponsored and supported by leade

FinOps 130

FinOps FinOps 130

Bookkeeping Express

JANUARY 24, 2024

Dive into the world of franchise businesses, where established brands and support systems entice entrepreneurs. Success in franchising hinges on effective financial management. In this guide to franchise financials, we’ll navigate the landscape of franchise accounting, shedding light on crucial elements like royalty fees, advertising funds, and franchisee support.

Bookkeeping 52

Bookkeeping Accruals Financial Reporting Collections 52

FinOps Foundation

JANUARY 24, 2024

On February 26, 2019, the FinOps Foundation was publicly launched on a webinar hosted by a committed group of enthusiasts managing cloud cost and usage, and viewed by dozens of people around the world. The first edition of Cloud FinOps was published later that year. The guidelines and best practices in that book described the dramatic changes required in organizations adopting cloud.

FinOps 130

FinOps FinOps Cloud FinOps Computation 130

finout

JANUARY 24, 2024

Explore FinOps strategies for 2024: cloud cost optimization, resource efficiency, strategic pricing, and how Finout enhances these processes.

FinOps 59

FinOps FinOps 59

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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.