Thu.Jan 04, 2024

article thumbnail

IRS signs $32M deal for data delivery services

Accounting Today

The contract will provide development support to two mission-critical systems at the agency.

Tax 316
article thumbnail

A Financial Controller May Be Just What You Need, And More

Accounting Department

While planning for 2024, the question of whether or not it's time to hire a financial controller may come up for many business owners. To help make that decision easier, this article explains the duties of a financial controller and the benefits of partnering with an outsourced accounting provider, rather than trying to find a controller of your own.

professionals

Sign Up for our Newsletter

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

article thumbnail

Tax Fraud Blotter: Let the chips fall

Accounting Today

Fictions and ghosts; Indian connection; pulled over; and other highlights of recent tax cases.

Tax 312
article thumbnail

Accounting Trends That Business Owners Can't Ignore in 2024

Accounting Department

Accounting is a critical aspect of any organization, and keeping up with the latest trends and technologies in this field is essential to ensure that businesses remain competitive and successful. As we enter 2024, there are a few key trends that business owners simply cannot ignore. In this blog post, we will explore these trends in detail, discussing how they will impact the industry and what businesses can do to stay ahead of the game.

article thumbnail

Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

article thumbnail

Private sector added 164K jobs in December as annual pay grew

Accounting Today

The service-providing sector added 155,000 jobs, including 1,000 in professional and business services.

Payroll 305
article thumbnail

Analyse GR/IR into Current Asset or Current Liability

SAP Accounts Payable

Introduction The document has been prepared from the front end perspective of SAP. The purpose of the blog is to solve the confusing situation of the business process where goods are received (MIGO) without the invoice. Also, where invoices are issued in advance (MIRO) before the goods were received. When MIGO occurs, document (WE) is recorded whereas in the case of MIRO, (RE) is recorded.

Invoicing 115

More Trending

article thumbnail

Newman’s Own Satisfies Hunger for Efficiency with NetSuite

Insightful Accountant

Don't know about you, but I'm a fan of Newman's Own Balsamic Vinaigrette. Newman's Own is leveraging NetSuite to reduce operational costs, improve productivity to donate more after-tax proceeds to charity.

Tax 105
article thumbnail

2024, the year gen AI rockets to wide use for investment accounting teams

Accounting Today

Here are several trends that are set to shape the investment accounting space and the end-to-end investment process this year.

article thumbnail

3 Downloadable Guides to Managing the Change to QuickBooks Online

Insightful Accountant

As an accounting practice grows, it must adapt to meet clients' needs. This includes assessing technology requirements for both the firm and clients.

article thumbnail

Suspended Altice executive leaves Drahi's telecom empire

Accounting Today

The 49-year-old ran the group's Portuguese unit when the alleged acts of corruption, money laundering and tax fraud took place.

Tax 150
article thumbnail

The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

article thumbnail

Overcoming Burnout to Create a Sustainable Accounting Practice

Earmark Accounting Podcast

Hitendra R. Patil joins Blake for an insightful conversation about the staffing shortage in the accounting profession, identifying overwork and lack of work-life balance as key issues causing high burnout rates. They explore potential solutions like dropping the billable hour model, measuring impact rather than hours worked, outsourcing certain tasks, and focusing on specific value-added services.

article thumbnail

6 Cloud Orchestration Strategies to Optimize your Cloud

Economize

What is Cloud Orchestration? Cloud orchestration, an advanced aspect of hybrid and multi-cloud management, plays an important role in enhancing operational efficiency, reducing costs, and enabling agile cloud operations. Modern businesses face a growing challenge: managing an increasingly complex cloud environment.

article thumbnail

The SMBs Guide to Conquering the Cloud with Amazon S3

Ace Cloud Hosting

The Secret Weapon in Your SMB’s Arsenal: Why Amazon S3 is the Storage Solution You Need For small and medium businesses or SMBs, data serves as the lifeline. This includes.

59
article thumbnail

Tips on the AP Reconciliation Process

oAppsNet

In the intricate realm of financial management, the Accounts Payable (AP) reconciliation process stands as a crucial navigational tool. It ensures financial accuracy, transparency, and compliance. This article aims to provide comprehensive insights and tips for organizations to enhance their AP reconciliation processes. By adopting effective strategies, businesses can streamline their financial workflows, reduce errors, and fortify the integrity of their financial records.

AP 52
article thumbnail

2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

article thumbnail

Ignition @ QuickBooks Connect 2023

Insightful Accountant

Ignition makes it simple to sell, bill and get paid for your services - all in one place.

article thumbnail

Top Apps This Accounting Firm Uses to Run Remotely w/James E. Heyward

Jetpack Workflow

Podcast Summary In this episode of the Growing Your Firm Podcast, host David Cristello interviews James E. Heyward, the principal at Heyward CPA. They dive into the world of technology and discuss the apps and tools that are working well for James’ firm, as well as those that aren’t. They also touch on the importance of using a support desk for client communication and setting expectations for response times.

article thumbnail

Meet 25 2023 Up-N-Coming ProAdvisor: Travis Zornoza

Insightful Accountant

We sat down with Travis to get his thoughts on being a Top 25 Up-N-Coming ProAdvisor, his journey, path to success, and passion to empower businesses to navigate their way toward profitability through American Sign Language.

52
article thumbnail

The Top Spendesk Alternatives In 2024

Tipalti

Looking for the best Spendesk alternative? See how Spendesk compares to Payhawk, Pleo, and Tipalti. Find the best spend management software for your business today.

40
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

Will voters veto 'billionaire taxes' and other plans to tax wealthy clients?

Accounting Today

Here's a breakdown of the most important proposals and debates circulating in policy circles ahead of this year's election and a big Supreme Court decision.

Tax 207
article thumbnail

Expensify vs Concur

Tipalti

Expensify and Concur offer impressive expense management solutions–but with different strengths and weaknesses. Find out which is best for your business.

40
article thumbnail

AI in 2024: Intuit Leaders on Possibilities and Pitfalls

Intuit

Widespread adoption of generative AI is now in its second year, and the wow factor has given way to a deeper understanding of its pros and cons. The technology has been in the hands of the public, innovators, and threat actors long enough for predictions about its future to be rooted in experience. Three of Intuit’s technology leaders look to the year ahead and share their perspectives on what AI presents and how organizations will need to both seize the opportunities and tackle the challenges.

344
344
article thumbnail

ERP Implementation Cost Calculator

Tipalti

This tool is designed to estimate the total cost of implementing an ERP system by considering all the key factors.

40
article thumbnail

Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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

Democrats say Trump hotels got foreign money during presidency

Accounting Today

The dollar figures in the report come from two years of records obtained by Democrats after a protracted court battle with Trump's former accounting firm.

article thumbnail

Margin Calculator

Tipalti

Optimize your business profitability with our Margin Calculator–effortlessly calculate profit margins and make informed decisions for greater financial success.

40