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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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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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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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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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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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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How tech can help accounting bridge the talent gap

Accounting Today

Accounting teams have tended to be a latecomer to task automation, a technology increasingly adopted in other departments and most industries.

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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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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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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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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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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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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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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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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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How to Reduce Cloud Costs: Strategies for Massive Savings | Finout

finout

Unlock significant savings with cloud cost reduction strategies. Learn how to cut cloud computing costs with expert tips and tricks.

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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.

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How to Reduce Cloud Costs: Strategies for Massive Savings | Finout

finout

Unlock significant savings with cloud cost reduction strategies. Learn how to cut cloud computing costs with expert tips and tricks.

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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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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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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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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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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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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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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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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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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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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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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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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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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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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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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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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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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.