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

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.

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XERO Collections Payroll Billing 153

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

Cevinio

AUGUST 7, 2024

Explore the best practices for modernizing your AP invoice process.

Invoice Processing 130

Invoice Processing AP Invoicing Vendor Management 130

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

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

Plus, AI and the SMB landscape, the evolution of Chromebooks and other recent developments in technology.

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200

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.

Accounting

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 204

Billing Tax 204

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

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

Payroll 145

Payroll Computation 145

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.

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 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

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

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

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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.

Financial Statements

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

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!

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52

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

Accounting Today

AUGUST 7, 2024

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

Tax 305

Tax 305

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