February, 2018

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How to Ease Accounts Payable Reconciliation With Automation

AvidXchange

Check, check, and check again. Think about how you evaluate your financial budget for the month. How much money did you spend? Did it all add up? What exactly did you buy, and how much did you make? Spreadsheets and budget apps may help, but it’s easy to miss the outstanding auto-drafted bill or upcoming payments. If you’re not careful, the business could be shortchanged.

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Busted! Don’t Believe These Accounting Myths!

Acton Accounting & Bookkeeping

When it comes to accounting and managing your finances, often times, there are many beliefs, stereotypes and false facts flying around the internet that are making it hard to distinguish facts from the rest of the noise. While accounting can be an intimidating and often dreaded part of business for many entrepreneurs, if you don’t understand the truth of a situation, you can risk unwanted consequences.

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5-hour workday for accountants, American views of automation, & Bitcoin taxes

Cloud Accounting Podcast

Stories in this episode: How an accounting firm in Australia successfully moved to a 5-hour workday — Xero Blog A new survey that shows most Americans see automation is coming , but don't think it will affect them in their own lifetimes — Wall Street Journal Bitcoin traders who have no idea they owe a lot of tax , and how the IRS is making things difficult by not being clear — MarketWatch Intel has developed new smart glasses that don't make you look like a dork (anymore than you already do), an

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Reasons to Hire a Professional for Tax Preparation Services

Billah and Associates

Taxes can be confusing to many, especially when you need to work with restricted expertise. This is where tax preparation services come to your aid. You need not always keep yourself updated with the tax law changes and understand its many complexities. Top 5 Reasons to hire tax preparation services The hours you spend on calculating taxes can be better spent on business development and core business functions.

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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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The Golden Rules to Score Big During Tax Time

AvidXchange

Tax season is upon us. Businesses are gathering all expenses and deductions to file the most important financial forms of the year. Filing returns can come with havoc and headaches for many finance departments. Why? There’s a truth that one small miscalculation can lead to a big penalty later. To help alleviate the stress of the April deadline quickly approaching, we’ve compiled a guide to make filing safe and simple.

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Are CPAs "insecure overachievers," tax reform accelerates automation, and the War on Excel

Cloud Accounting Podcast

Stories in this episode: If You’re So Successful, Why Are You Still Working 70 Hours a Week? Tax Incentive Puts More Robots on Factory Floors Sage looks to the future A scary new era of Slack accountants Why Excel Is Not The Enemy Of Accountants Subscribe: Listen on iTunes/Apple Podcasts Listen on Google Play In this episode, I'm joined by Mike Whitmire, co-founder and CEO of FloQast ([link] We discuss whether or not big firm CPAs are "insecure overachievers," how tax reform is accelerating the

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