Accounting Today

AUGUST 7, 2024

It's critical that business owners comply with their state's rules, or they could face fines and other penalties.

Accounting 316

Accounting Accounting 316

Xero

AUGUST 7, 2024

We’re officially on the countdown for Xerocon Nashville at Music City Center over August 14 and 15. And this year, we’re proud to have filled our exhibitor floor with some of the best and most loved apps for accountants, bookkeepers and small business owners alike. No matter what business needs or challenges you’re looking to solve, you’ll have over 50 exhibitors to meet and talk to, and many apps from the Xero App Store to try out for yourself.

XERO 181

XERO Collections Billing Payroll 181

Accounting Today

AUGUST 7, 2024

The IRS started processing claims received prior Sept. 14, 2023, and has an inventory of 1.4 million ERC claims totaling more than $86 billion.

Tax 312

Tax 312

Cevinio

AUGUST 7, 2024

Explore the best practices for modernizing your AP invoice process.

Invoice Processing 130

Invoice Processing AP Invoicing Vendor Management 130

Advertisement

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.

Accounting Today

AUGUST 7, 2024

Heirs and their financial advisors should start figuring out how to minimize the tax impact of the end of the so-called stretch strategy, experts said.

Tax 252

Tax 252

Insightful Accountant

AUGUST 7, 2024

Current IRS focus areas include renewable energy tax credits, corporate stock repurchase taxes, and cryptocurrency transactions. But, with the upcoming election, accountants and tax professionals are anticipating more widespread regulatory changes.

Tax 94

Tax Accounting Accounting 94

Accounting Tools

AUGUST 7, 2024

What is Burden Rate? The burden rate is the allocation rate at which indirect costs are applied to the direct costs of either labor or inventory. You should add burden to the direct cost of either labor or inventory in order to present the total absorbed cost of these items. The two situations in which the burden rate is used are noted below. Burden Rate for Labor Payroll taxes and benefits are added to an employee's wages to arrive at the total cost of labor for that individual.

Payroll 76

Payroll Cost Accounting Financial Reporting Billing 76

Accounting Today

AUGUST 7, 2024

Through Tipalti's plaform, Top 100 Firm CohnReznick will helps its clients improve efficiency of global payables processes.

Accounting 189

Accounting Accounting 189

Insightful Accountant

AUGUST 7, 2024

One of the mid-year enhancements to QB Enterprise is the Inventory Turnover Report, which we told you in our 2024 QuickBooks Summary, was planned for late release.

QuickBooks 59

QuickBooks 59

Accounting Today

AUGUST 7, 2024

China Evergrande Group's liquidators have launched court proceedings against PricewaterhouseCoopers LLP, another legal step to recover at least a fraction of creditors' investments from the property giant.

Auditing 182

Auditing Accounting Accounting 182

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.

Collections

Insightful Accountant

AUGUST 7, 2024

With over 80 countries implementing e-invoicing mandates, Vertex, a provider of tax technology solutions, has announced the acquisition of ecosio, a B2B integration provider specializing in electronic data interchange (EDI) and e-invoicing.

Invoicing 52

Invoicing Tax 52

Accounting Today

AUGUST 7, 2024

While large companies can afford not to currently expense research and development costs, but many small companies can't, say experts.

Billing 157

Billing Tax 157

Future Firm

AUGUST 7, 2024

I’ve built remote teams for over a decade. If you want to hire offshore team members, make sure you avoid these 7 big misconceptions. The post 7 Big Misconceptions Firms Have About Overseas Offshoring appeared first on Future Firm.

Accounting 52

Accounting Accounting 52

Accounting Today

AUGUST 7, 2024

AI is your friend; hope from Moore; the risks; and other highlights from our favorite tax bloggers.

Tax 145

Tax 145

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.

Accounts Payable

Insightful Accountant

AUGUST 7, 2024

Reminder: using multi-factor authentication is now more than an important protection for their businesses and their clients – it’s now a federal requirement.

Tax 52

Tax 52

Accounting Today

AUGUST 7, 2024

IRIS and AccountsIQ announced a new partnership to provide an integrated suite of cloud-based payroll and HR solutions.

Payroll 145

Payroll Computation 145

Insightful Accountant

AUGUST 7, 2024

We are all guilty of getting caught up on the fray of day to day business and busy work that does not help us grow our business. There is a solution!

52

52

finout

AUGUST 7, 2024

This blog explores a detailed overview of RDS pricing, describing the different pricing models, the influencing factors, and the need for optimizing RDS costs.

52

52

Advertisement

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.

Accounting

Insightful Accountant

AUGUST 7, 2024

AccountsIQ and IRIS Software Group have just announced the formation of a strategic partnership aimed at expanding AccountsIQ across the IRIS accountancy products.

Accounting 52

Accounting Accounting 52

Accounting Tools

AUGUST 7, 2024

What is a Nonmonetary Asset? A nonmonetary asset is an asset whose value can change over time in response to economic conditions. Examples of nonmonetary assets are buildings, equipment, inventory, and patents. The amount that can be obtained for these assets can vary, since there is no fixed rate at which they convert into cash. Presentation of Nonmonetary Assets Nonmonetary assets are not usually considered to be readily convertible into cash, or to be short-term assets.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Accounting 40

Accounting Today

AUGUST 7, 2024

A letter from 18 Republican representatives told Speaker Mike Johnson not to repeal the

Tax 305

Tax 305

Accounting Tools

AUGUST 7, 2024

What are Managerial Accounting Formulas? The managerial accountant reports on the operational results of a business. In this role, one must use a number of accounting formulas to discern performance levels. In the following paragraphs, we note several of the most useful managerial accounting formulas. Gross Margin Ratio The gross margin ratio is sales minus the cost of goods sold, divided by sales.

Accounting 40

Accounting Accounting Financial Statements Cost Accounting 40

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.

Payroll