Accounting Today

JUNE 25, 2024

Middle-class residents in these states pay a smaller percentage of their paychecks to taxes.

Tax 348

Tax 348

Insightful Accountant

JUNE 25, 2024

Earlier this year, Intuit introduced a new version of QuickBooks Online for solopreneurs, it's designed for individuals who submit IRS Form 1040 - Schedule C tax filings.

QuickBooks 105

QuickBooks Tax 105

Accounting Today

JUNE 25, 2024

A coalition of accounting educators and tech leaders released a generative AI governance framework as a starting point for organizations.

Accounting 286

Accounting Accounting 286

Outsourced Bookeeping

JUNE 25, 2024

Are you in a financial bind due to invoice errors that are costing you a significant amount of money? The importance of accurate invoicing cannot be overstated. It’s not just about getting paid, it’s about the financial health and reputation of your business. Superficially, invoicing may seem like a straightforward and tedious task that might not require a business owner’s attention.

Invoicing 59

Invoicing Outsourced Bookkeeping Invoice Processing Data Entry 59

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Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

Accounting

Accounting Today

JUNE 25, 2024

Collecting payments is essential for business operations, but it's often not a top priority for business owners who are juggling numerous other tasks and demands daily.

CPA 219

CPA Billing Collections 219

Nanonets

JUNE 25, 2024

Invoice coding involves categorizing expenses and assigning them to specific accounts. It seems simple, which is why it's often overlooked in AP efficiency discussions. But here's the kicker: it may be costing you more than you think. Companies without automation spend $6.30 per invoice , while automated counterparts pay just $1.45. That's right— automation could save you nearly 77% per invoice!

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AP Invoicing Purchase Order Data Entry 52

Accounting Tools

JUNE 25, 2024

What is a Fixed Asset? A fixed asset is property with a useful life greater than one reporting period , and which exceeds an entity's minimum capitalization limit. A fixed asset is not purchased with the intent of immediate resale, but rather for productive use within the entity. Also, it is not expected to be fully consumed within one year of its purchase.

Computation 52

Computation Financial Reporting Auditing Accounting 52

Accounting Today

JUNE 25, 2024

In a narrow holding, the Supreme Court upheld the provision, but emphasized that the ruling did not have broader implications.

Tax 189

Tax 189

Gaviti

JUNE 25, 2024

Wouldn’t it be nice to be able to accurately predict your future cash flow? You could better allocate funds and make more informed business decisions. Luckily, you can with accounts receivable forecasting. Accounts receivable forecasting is like having a financial crystal ball. While it might be a challenge, depending on how you manage your accounts receivable, forecasting is a powerful tool to help you grow your business.

Collections 52

Collections Accounts Receivable Accounts Receivable Account Receivables 52

Accounting Today

JUNE 25, 2024

BDO USA released its 2023 Audit Quality Report Tuesday as it added a second independent member to its Audit Quality Advisory Council.

Auditing 161

Auditing 161

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Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

Accounting

Insightful Accountant

JUNE 25, 2024

New survey looks into the ways accountants are using technology, particularly AI, to balance business performance and industry challenges in today's macroeconomic environment.

QuickBooks 52

QuickBooks Accounting Accounting 52

Accounting Today

JUNE 25, 2024

The Internal Revenue Service agreed to settle a lawsuit brought by hedge fund manager Ken Griffin that accused the agency of failing to protect his confidential financial information from a contractor who stole his tax data and leaked it to ProPublica.

Tax 169

Tax 169

Ace Cloud Hosting

JUNE 25, 2024

Welcome to our 4th blog of the series, “QuickBooks Cloud Accounting,”- where we explore the importance of prioritizing security, highlighting the potential risks and the measures necessary to safeguard financial.

QuickBooks 52

QuickBooks Accounting Accounting 52

Accounting Today

JUNE 25, 2024

Disaster planning; the flipside of an Employee Retention Credit mess; the QoE; and other highlights from our favorite tax bloggers.

Tax 130

Tax 130

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

AR

oAppsNet

JUNE 25, 2024

As a business owner, partnering with a reliable and trustworthy supplier is not just a necessity, but a strategic move that can significantly influence the growth of your business. By establishing a solid relationship with your supplier, you open doors to enhanced efficiency, cost savings, and innovation. This is where the true value of supplier management shines.

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Accounting Today

JUNE 25, 2024

When you announce the new tax season to your clients, let them know it's a new benefit you're offering to your customers.

Tax 124

Tax 124

Accounting Tools

JUNE 25, 2024

What is Amortization Expense? Amortization expense is the write-off of an intangible asset over its expected period of use, which reflects the consumption of the asset. This write-off results in the residual asset balance declining over time. Accounting for Amortization Expense Amortization is almost always calculated on a straight-line basis. Accelerated amortization methods make little sense, since it is difficult to prove that intangible assets are used more quickly in the early years of thei

Auditing 40

Auditing Accounting Accounting 40

Ace Cloud Hosting

JUNE 25, 2024

We already know how cloud accounting has become an essential tool for businesses in the current digital era, particularly those in the finance industry. QuickBooks Cloud Accounting offers unparalleled convenience.

QuickBooks 40

QuickBooks Accounting Accounting 40

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

Accounting

Accounting Tools

JUNE 25, 2024

What is a Preaudit? A preaudit is preliminary work conducted by an auditor prior to the scheduled start date of an audit. The intent of a preaudit is to gather preliminary information about the client, which can be used to highlight any areas that may require special attention during the audit. The findings from the preaudit are then considered when deriving the budget for the audit.

Auditing 40

Auditing Budgeting 40

Accounting Tools

JUNE 25, 2024

What is a T Account? A T account is a graphic representation of a general ledger account. The name of the account is placed above the "T" (sometimes along with the account number). Debit entries are depicted to the left of the "T" and credits are shown to the right of the "T". The grand total balance for each "T" account appears at the bottom of the account.

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General Ledger Accounting Accounting Accounts Payable 98