Tue.Dec 19, 2023

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The 20 most financially savvy states

Accounting Today

The top state in the ranking received a total score for financial literacy of 69.06 out of 100.

Tax 312
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Types of Reports in QuickBooks: A Comprehensive Guide

Accounting Department

Reports play a crucial role in managing a business effectively, and QuickBooks provides a wide range of reports that can help small and medium-sized businesses track their financial performance and make informed decisions. These reports provide valuable insights into various aspects of the business, such as income, expenses, sales, inventory, and payroll.

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Leading client onboarding: The prologue to client success

Accounting Today

Accounting firm leaders need to take the lead in welcoming new clients.

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January's QB Talks is our 2024 ProAdvisor Meetup

Insightful Accountant

Insightful Accountant will host a 'talkative' ProAdvisor Meetup for our first QB Talks of 2024. ProAdvisors are invited to this 'open mic' discussion of issues surrounding the ProAdvisor Awards, the ProAdvisor Program and QuickBooks Desktop 2024.

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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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What don't people get about AI, anyway?

Accounting Today

The AI landscape has a lot of misconceptions and overblown claims. We asked AI thought leaders in the accounting field what some of the worst were.

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Top 25 Accounting Influencers You Should Follow in [2024]

Ace Cloud Hosting

The accounting profession helps businesses drive successful commerce around the world. From tax law changes to financial statement reporting changes, so much is happening in this space that it can.

More Trending

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What is accountancy?

Accounting Tools

Accountancy is the practice of recording, classifying, and reporting on business transactions for a business. It provides feedback to management regarding the financial results and status of an organization. The key accountancy tasks are noted below. Recordation The recording of business transactions usually involves several key transactions that are handled on a repetitive basis, which are issuing customer invoices , paying supplier invoices, recording cash receipts from customers, and paying e

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Calvetti Ferguson expands in Dallas

Accounting Today

The Houston-based firm has acquired local CPA firm Gummer Group.

CPA 189
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1099 Rules

Tipalti

Stay compliant in 2024: unravel Form 1099 rules to help navigate tax regulations seamlessly and stay on top of the constantly-changing business taxes landscape.

Tax 75
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PwC makes bullish predictions on AI

Accounting Today

The Big Four firm shared its outlook on generative AI in the coming years, saying accountants should prepare for major changes or else be outcompeted.

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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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Meet 2023 Top 25 Up-N-Coming Proadvisor Lauren LaMantia

Insightful Accountant

We sat down with Lauren to get her thoughts on being a 2023 Top 25 Up-N-Coming ProAdvisor, her journey, path to success and going above and beyond for her clients.

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In the blogs: Manual AI

Accounting Today

Too much money; five little letters on how clients might see you; loss-harvesting season; and other highlights from our favorite tax bloggers.

Tax 150
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5 Things Missing From Your Balance Sheet

Invoicera

A balance sheet tells a story of a company’s financial health—a tale of assets, liabilities, and the missing chapters of overlooked value. Do you truly know your business’s worth? If not, you are missing something on your balance sheet. A balance sheet isn’t just numbers; it’s a story of your business’s money journey. But sometimes, important things get missed in it.

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2023 Top 100 People extra: Pipeline solutions

Accounting Today

As part of this year's Top 100 Most Influential People survey, Accounting Today asked, "How would you fix the pipeline problem of too few people entering the profession?

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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 Handle Partial Payments On Invoices

Invoicera

Introduction Have you ever found yourself juggling incomplete payments on your invoices? Handling these partial payments can often feel like completing a puzzle with missing pieces. According to a study by the National Federation of Independent Business (NFIB) , approximately 64% of small businesses experience late payments from customers, with a significant portion being partial payments.

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Choosing the Best SendGrid Alternative Email Delivery Service

Nanonets

Introduction Since the internet became a commercial force in the mid-'90s, email has been a constant in our personal and business lives. With improved broadband and Wi-Fi, email has adapted, becoming more accessible. Crafting quality emails is crucial for business operations as it serves as a powerful marketing tool, facilitating quick communication with clients, suppliers, and staff.

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How to Handle Partial Payments on Invoices

Invoicera

Introduction Have you ever found yourself juggling incomplete payments on your invoices? Handling these partial payments can often feel like completing a puzzle with missing pieces. According to a study by the National Federation of Independent Business (NFIB) , approximately 64% of small businesses experience late payments from customers, with a significant portion being partial payments.

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Getting the most out of Salesforce Integrations

Nanonets

Introduction In the modern business landscape, Customer Relationship Management (CRM) platforms like Salesforce have become indispensable. Salesforce’s ability to integrate with popular email services such as Outlook and Gmail enhances its functionality, making it a powerful tool for businesses. This integration streamlines communication, ensures efficient data management, and augments customer engagement strategies.

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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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Wherefour @ QuickBooks Connect 2023

Insightful Accountant

Wherefour solves the production and compliance headaches of manufacturers around the world.

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1042-s

Tipalti

IRS Form 1042-S is a critical tax document for US-based businesses to report payment to foreign persons. Learn how to navigate Form 1042 in this comprehensive article.

Tax 52
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Meet Top 25 Up-N-Coming Proadvisor Lauren LaMantia

Insightful Accountant

We sat down with Lauren to get her thoughts on being a 2023 Top 25 Up-N-Coming ProAdvisor, her journey, path to success and going above and beyond for her clients.

52
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LiveCA Transitions Their Clients to Paperless, Cloud-Based Accounting with Plooto

Plooto

Helping businesses work through their complex accounting needs is what LiveCA does best. Leveraging technology that streamlines processes and communication makes this possible. Plooto has enabled LiveCA to manage payments at scale for all their clients from a single online platform that seamlessly integrates with their current accounting software and offers reliable client communication.

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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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The Young CPA Perspective on the Talent Shortage

Blake Oliver

Hear from two young virtual CFOs on the talent shortage and future of accounting. ? I sat down with Hannah Hood and Joey Kinney, CPA of Summit Virtual CFO by Anders , to discuss the challenges facing young accountants today. We cover topics including: · Low starting salaries and lack of flexibility at traditional firms · The value of remote work arrangements · The need for more women leaders and work-life balance · Making accounting adaptable and inclusive Hannah and Joey share their perspective

CPA 52
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Plooto Made True North Mortgage Stand Out by Getting Their Payments Out Fast

Plooto

If we have to reimburse our employees, if we have to pay our vendors, if we have to provide rebates and discounts to our customers, we use Plooto for everything.

CPA 52
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AI in Nonprofits: 8 Use Cases

AvidXchange

For the past two years, inflation and other macroeconomic factors have put nonprofits in a crunch. The number of donors is dropping, as is the size of their donations. A report by the Fundraising Effectiveness Project found that large donors cut contributions by nearly 10% in early 2023 while new donors slashed donations by more than a third. Meanwhile, the need for nonprofit services grows.

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What is e Sourcing?

Nanonets

In today’s hyper-digital world, companies are shifting to e-sourcing with e sourcing tools designed for digital transformation in tactical and strategic sourcing. E sourcing software provides efficiency and other benefits, including better vendor selection, collaboration, and visibility into this element of e-procurement and business spending.

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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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5 Things Missing From Your Balance Sheet

Invoicera

A balance sheet tells a story of a company’s financial health—a tale of assets, liabilities, and the missing chapters of overlooked value. Do you truly know your business’s worth? If not, you are missing something on your balance sheet. A balance sheet isn’t just numbers; it’s a story of your business’s money journey. But sometimes, important things get missed in it.

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The best free and low cost apps for bookkeepers

5 Minute Bookkeeping

Are you a bookkeeper looking for affordable and efficient tools to streamline your business operations? In today’s digital age, there are numerous free and low-cost apps available that can help you manage your bookkeeping business effectively. Let’s go over the best free and low cost apps for bookkeepers. Accounting Software My number 1 app is QuickBooks online accountant.

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W9 for Vendors

Tipalti

Trades or businesses need to get W9 Forms from U.S. vendors to prepare information returns like Form 1099-NEC and 1099-MISC required by the IRS to report calendar year amounts paid to them of $600 or more or amounts of backup withholding of federal income taxes.

Tax 40
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Payer definition

Accounting Tools

What is a Payer? A payer is the person or business responsible for making a payment to a payee. Thus, a person making a mortgage payment to a lender is designated at the payer, and the lender is the payee. Or, the issuer of a bond is the designated payer of subsequent coupon payments to investors. The concept can refer to the payment for any transaction , such as for goods, services, loans , and dividends.

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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.