August, 2022

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IRS expands crypto question on draft version of 1040

Accounting Today

Tax 354
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Payroll history is launching in Australia

Xero

This week, one of our most highly requested product updates will be going live in Xero Payroll: payroll history. We listened to you, our customers and community, and will be launching the first stage of the feature in Australia – employee records. So, what does this mean? You’ll now have an easy-to-access audit trail of changes made within Xero by a small business owner, advisor or app partner.

Payroll 289
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8 common accounts payable pitfalls and how to avoid them

AP Association

It's tough enough running a business without having to worry about making mistakes with your accounts payable. Even the best-managed businesses can fall into common traps that can cause problems down the road. By being aware of these traps and taking steps to avoid them, you can save yourself a lot of headaches. The following is a list of the most common accounts payable mistakes you should watch out for and try your best to avoid.

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Introducing Framework Updates

FinOps Foundation

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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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.

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QuickBooks Desktop Price Increase with 2023 Scheduled Release

Insightful Accountant

QuickBooks Desktop Pricing will increase with the scheduled release of the 2023 products.

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Accounting Practice Management Software: The Top 17 Roundup

Future Firm

Looking for the best accounting practice management software for your firm? Good news, because this is the ULTIMATE accounting practice management software round-up post. Key Takeaways. Get to know the top accounting practice management software and why it is essential for your business. Important categories to evaluate when choosing a workflow management software for your CPA firm.

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Eight tips to prepare for (and make the most of) Xerocon Sydney

Xero

In just a couple of weeks, accountants and bookkeepers from all over Australia, New Zealand and Asia will descend upon Sydney’s International Convention Centre (ICC) for two days of inspiration, education, connection and fun. You guessed it; we’re talking about the return of Xerocon! After a three-year hiatus, we couldn’t be more excited to bring you – our partner community – together again at the world’s most beautiful and innovative conference for cloud accounting leaders. .

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9 Cloud Cost Mistakes You Don’t Know You’re Making

CloudZero

When you’re operating in the cloud, making the right decisions is not always easy because there’s a lot of ground to cover, especially with regard to cost. The elastic nature of cloud infrastructure means your costs could quickly spiral out of control if you don’t have guardrails in place to help keep costs down.

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How to Get Invoices Approved Faster

IPS

Getting approvals on invoices can be a thankless task for accounts payable (AP) staff.

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How Cash Flow Planning Can Help Future-proof Your Business

Dext

In part 1, we looked at cash flow management and how to introduce it into your business. Here, we’ll be looking at cash flow planning and how it can set you up for success both today and later down the line.

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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.

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Where does FinOps stop and GreenOps begin?

The FinOps Alliance

FinOps vs. GreenOps vs. Sustainability Since FinOps started gaining traction in the larger cloud technology community, we’ve seen an increase in the use of the term ‘GreenOps’ as well. For a lot of organisations, the goal of FinOps is reasonably clear, while GreenOps tends to just be ‘FinOps, but for sustainability’. We think there is more to the story than just that.

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New CalCPA chairs plan to focus on diversity, education in accounting

Accounting Today

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What to expect from Xerocon Sydney

Xero

In case you haven’t heard, Xerocon is back with a bang. From London to New Orleans, and soon, Sydney, this year’s event series is an international tour celebrating our partner community around the globe. Whether you’re a first-timer or veteran, it’s safe to say you can expect the unexpected. After all, it’s been coined the world’s most beautiful and innovative conference for cloud accounting leaders for a good reason.

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15 Must-Have ETL Tools For 2022

CloudZero

The most successful brands are data-driven. Whether it's Google, Amazon, or TikTok, they all use data to inform their next moves. But here's the thing. It's easy to collect a lot of data. Making sense of all that data is often the most challenging part.

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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!

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IRS will wipe away $1.2B in late fees from pandemic

Accounting Today

Tax 325
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IRS pledges not to use extra funding to audit lower-income taxpayers

Accounting Today

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3 proven data visualization methods for CPAs

Accounting Today

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How to prepare for potential climate change disclosure requirements

Accounting Today

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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

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How student loan relief can turbo-charge retirement savings

Accounting Today

Tax 290
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AICPA proposes revisions to tax standards and 1040 crypto question

Accounting Today

Tax 290
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AICPA demands IRS pick up the phone faster for tax pros

Accounting Today

Tax 290
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Crypto scams down 65%, but crypto hacks up 58%

Accounting Today

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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.

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IRS warns preparers on signs of data theft

Accounting Today

Tax 290
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First Circuit win lets taxpayer sue IRS

Accounting Today

Tax 279
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Taxpayer advocate appeals IRS decision to delay scanning tech

Accounting Today

Tax 279
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Intuit sounds alarm on QuickBooks phishing

Accounting Today

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Limited liability companies should consider C corporation tax elections

Accounting Today

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The CAS/bookkeeping opportunity

Accounting Today

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California pass-through entity tax credit circumvents SALT cap

Accounting Today

Tax 277
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What should your marketing team look like?

Accounting Today

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Back to Basics with Reconciliations

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.