Tue.Dec 12, 2023

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Top 10 Year-End Bookkeeping Tips for Small Businesses

Bookkeeping Express

As we approach the end of the year, it’s essential for small business owners to review their financial records and ensure everything is in order. Effective bookkeeping helps manage day-to-day finances and lays the groundwork for informed decision-making in the future. Here are the top 10 year-end bookkeeping tips for small businesses to streamline this process.

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A Place Where Women in Sales Want to Work

Intuit

Championing women in sales When companies ramp up their diversity and inclusion efforts, their focus usually goes to tech and engineering roles. But women are underrepresented in sales, too. That’s why it’s meaningful that Intuit was recently recognized as number one on the list of the “Top 25 Companies Where Women Want to Work” released by GirlsClub, a professional organization focused on getting more women in sales leadership.

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IRS tax demands would take money from victims of FTX bankruptcy

Accounting Today

U.S. officials will take money away from victims of the fraud-tainted crypto firm unless a judge rejects the government's demand for $24 billion in unpaid taxes, the bankrupt company said in a court filing.

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Simple Software to Manage Employee Leave and Paid Time Off

Insightful Accountant

Today's marketplace offers several automated time and attendance software tools with a range of features that can help make managing employee leave and paid time off easier and more efficient.

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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

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Study finds 'new source of tax efficiency for ETFs'

Accounting Today

Tax-loss harvesting through "highly correlated" products is driving a significant share of trading volume, according to a working academic paper.

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5 Tips to Reduce Your Cash Conversion Cycle

Gaviti

When you shorten your cash flow conversion time, you improve liquidity. You can then use this cash to pay bills on time, increase staffing, invest in research and development, or expand into new markets. These are just some of the uses that make strong cash flow an important metric for determining the health and potential longevity of businesses. The trick is knowing how to reduce cash conversion cycle times while still preserving good relationships with your customers.

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QuickBooks Enhanced Reporting Changes Underway

Insightful Accountant

Intuit will initiate major reporting enhancements for QuickBooks Online and QuickBooks Online Advanced users starting December 15, 2023.

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Hunter Biden says gun, tax cases invalid after failed deal

Accounting Today

Biden's lawyers argue that all the charges should be dropped because their client has immunity under a deal he struck in July that called for him to plead guilty to two misdemeanor tax charges and enter a diversion program related to the firearm offenses.

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GCP Cloud GPUs – Pricing & Discounts Comparison Chart

Economize

As artificial intelligence becomes increasingly accessible and new services launch daily, the demand for powerful GPUs is surging. New GPUs are undergoing constant production and enhancement to meet the growing needs of a wide array of AI applications.

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EY says it's cutting US jobs, delaying start dates for new hires

Accounting Today

The job cuts will affect "a limited number of people" in the firm, according to a statement from EY's U.S. unit.

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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.

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Wave vs Quickbooks vs Invoicera – A Complete Comparison

Invoicera

Introduction Choosing the right accounting software is a cornerstone for business success. But, a myriad of options available can make this a daunting task for entrepreneurs and financial managers. Wave, QuickBooks, and Invoicera are leading contenders, each offering unique features tailored to diverse business needs. But how do you decide which is the perfect fit for your business?

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Effective onboarding in the age of remote work

Accounting Today

The rise of remote work has companies grappling with integrating locations, navigating time zones, and sometimes even bridging language gaps.

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A Complete Guide to Amazon S3: The Backbone of Cloud Storage

Ace Cloud Hosting

In today’s world, where we use data to make important decisions and digital information is increasing rapidly, it’s really important for businesses to have storage solutions that work well and.

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The 2023 Top 100 People: The biggest issues in accounting

Accounting Today

Accounting's most influential share their primary concerns for the profession.

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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.

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Is Invoicera right for my clients?

Invoicera

Introduction Navigating various invoicing solutions can be challenging, especially when considering the right fit for your clients. Among the many Invoice solutions, Invoicera stands out as a potential game-changer. But the question arises: “Is Invoicera right for my clients?” Invoicera isn’t just another invoicing software—it’s a comprehensive solution designed to streamline billing processes, cater to diverse business needs , and ensure a seamless experience for busin

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Small-biz groups urge SCOTUS to uphold unrealized gain provision

Accounting Today

SMB organizations are calling for the Supreme Court to uphold the Tax Cuts and Jobs Act's Mandatory Repatriation Tax.

Tax 195
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What is BANT and how can it help your Sales Team?

Nanonets

Introduction The world of sales is constantly evolving, and in this dynamic landscape, the ability to accurately identify and understand potential customers is more crucial than ever. This is where the concept of lead qualification, a cornerstone of effective sales strategies, comes into play. Essentially, lead qualification acts as a filter, enabling sales teams to sift through a pool of prospects to pinpoint those most likely to make a purchase.

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2023 Top 100 People extra: Talent and relevancy

Accounting Today

As part of this year's Top 100 Most Influential People survey, Accounting Today asked, "What is the most important issue currently facing the accounting profession?

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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.

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A Complete Lead Prioritization Guide

Nanonets

In the fast-paced world of sales and marketing, understanding and managing leads is like finding and nurturing hidden treasures. Every lead is a potential customer, but not all leads are created equal. Some are ready to make a decision, while others need more time or information. This is where Lead Prioritization comes into play. It's the science of ranking leads based on how likely they are to convert into customers.

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New audit standards will add to compliance load

Accounting Today

2024 will be a demanding year for internal auditors who will be facing new requirements and updated standards.

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MISys Manufacturing @ QuickBooks Connect 2023

Insightful Accountant

MISys Manufacturing software integrates seamlessly with QuickBooks Desktop & Online, Sage 50 US Edition, Sage 50 Canadian Edition, Sage 300 and Sage Intacct accounting software to help you run your business.

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Engineered Tax Services receives investment from RevRoad

Accounting Today

Tax credits and incentives advisory firm ETS has scored a minority investment from a venture services firm.

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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

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Don't miss Today's QB Talks with Murph and Liz

Insightful Accountant

It's QB Talks Wednesday and Murph will host Liz Scott who will be focusing on QuickBooks Online at Year-end. Don't forget to join them Today, Wednesday December 13, 2023 at 2:00 PM Eastern.

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KKR in advanced talks on £3B deal for Iris Software, sources say

Accounting Today

Iris supplies software for the U.K. accounting, payroll, human resources and education sectors.

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NASBA's President & CEO doesn't need 150 hours or the CPA

Blake Oliver

The National Association of State Boards of Accountancy (NASBA) seeks a new CEO. According to the job description, this person doesn't need to be a CPA or have five years of higher education. "Bachelor’s degree required; master’s degree or CPA preferred," reads the job description. Let's explore the irony. NASBA effectively determines the requirements for CPA licensure.

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What isn't AI, anyway?

Accounting Today

In addition to asking experts what AI is, Accounting Today asked the equally as important question of what AI isn't.

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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.

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What is BANT and how can it help your Sales Team?

Nanonets

Introduction The world of sales is constantly evolving, and in this dynamic landscape, the ability to accurately identify and understand potential customers is more crucial than ever. This is where the concept of lead qualification, a cornerstone of effective sales strategies, comes into play. Essentially, lead qualification acts as a filter, enabling sales teams to sift through a pool of prospects to pinpoint those most likely to make a purchase.

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In the blogs: Stepping off

Accounting Today

Nuances of VAT; financial gift ideas; welcome, outstanding offenders; and other highlights from our favorite tax bloggers.

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Xero's State of the Industry Report

Insightful Accountant

Delve into the evolving accounting and bookkeeping landscape in the United States for the year 2023 with Xero's State of the Industry Report

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Shaping the future of accounting: The new game-changers

Accounting Today

From stealth startups to fintechs and legal tech, meet the players who are reshaping accounting and tax.

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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.