Sat.Jul 15, 2023 - Fri.Jul 21, 2023

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Why CFOs should spearhead finance and accounting automation and digital transformation

Accounting Today

The CFO must play a crucial role in determining the strategy and tactics to automate and standardize key processes throughout the organization.

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Q&A with England Football legend Karen Bardsley

Xero

Ahead of the FIFA Women’s World Cup 2023, we sat down with Karen Bardsley to find out her perspective on the growth of the women’s game. Karen was goalkeeper for the England Women’s team, and she played for and now oversees the women’s teams at Manchester City F.C. Q: When you were younger, did you dream of becoming a professional footballer or did you have another career in mind?

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Top KPIs for Manufacturing Businesses

Accounting Department

In the competitive world of manufacturing, success hinges on the ability to measure and improve crucial metrics that drive operational efficiency, quality, and profitability. Key performance indicators (KPIs) provide valuable insights into the performance of various aspects within a manufacturing company, enabling data-driven decision-making and fostering continuous improvement.

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ExpensiCon 3: How Artificial Intelligence Will Save Accounting

Blake Oliver

How will generative AI change the accounting profession? Learn how in this video of my presentation, “How Artificial Intelligence Will Save Accounting.” We’ll explore the transformative impact artificial intelligence will have on the accounting industry in the coming years. With talent shortages causing pressing problems, AI represents a long-awaited solution to boost productivity.

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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 With construction projects becoming more complex, outdated processes are no longer sustainable.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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IRS warns of summertime tax scams

Accounting Today

The Internal Revenue Service is seeing a surge of tax scams this summer hitting taxpayers via email and text messages touting tax refunds and quick fixes to their tax problems.

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How Do I Find My Small Business's Break-Even Point?

CSI Accounting & Payroll

When you own a small business, you need to be aware of your financial health. This is done through tracking KPIs (Key Performance Indicators). An important KPI that's easy to calculate on your own is your break-even point. Knowing your break-even point helps you find out what it takes for your business to be profitable, and it's especially valuable to product-based businesses and startups.

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AWS Textract Teardown - Pros and Cons of using Amazon's Textract in 2023

Nanonets

Text Recognition in 2023 In many companies and organizations, plenty of valuable business data is stored in documents. This data is at the heart of digital transformation. Unfortunately, according to statistics, 80% of all this data is embedded in unstructured formats like business invoices, emails, receipts, PDF documents, and many more. Therefore, to extract and make the most out of information from these documents, companies slowly started relying on Artificial intelligence (AI) based service

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Whitehouse aims to bring new perspectives to ITA

Accounting Today

Recently appointed the president of the Information Technology Alliance, Geni Whitehouse wants to be a bridge between small and middle-market businesses.

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Review of TurboTax LIVE Full Service Business 2023 for Tax Professionals

Blake Oliver

Tax pros - want an inside look at TurboTax's new full-service offering for business returns? My business partner David Leary and I just went through the process of using TurboTax LIVE Full Service for our partnership return and recorded our experience in a new video. Watch to see: How the onboarding and document collection process works Where the experience fell short compared to working directly with a CPA/EA The surprise requirements needed before our preparer could file How responsive and ava

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Another QuickBooks Email – "Final Reminder"

Insightful Accountant

The newest email from Intuit QuickBooks is a Final Reminder to Become PCI Compliant Today. I have one and don't even have an active Payments Account.

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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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Best Practices for Secure Financial Document Management on the Cloud

LedgerDocs

Cloud storage has become increasingly popular because of its numerous benefits, including accessibility, scalability, and cost-efficiency. However, entrusting sensitive financial data to the cloud can be nerve-wracking. As more and more personal information makes its way online, data security becomes a bigger concern. In this blog, we will outline some of the best practices for keeping financial documentation on the cloud while ensuring data integrity, confidentiality, and compliance.

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Software spending rose 25% in 12 months

Accounting Today

Recent data says that companies spent significantly more on software over the past year, with finance departments' spending in particular seeing major spikes.

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Automate Client Savings with Relay's Savings Accounts & Auto Transfer Rules

Blake Oliver

Relay now has Savings Accounts! Watch this 2-minute video to learn how to pair Savings Accounts with Auto Transfer Rules to help clients save a little bit every day AND earn interest — all without lifting a finger.

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Index Up as Small Businesses Plan for More Hiring, Higher Revenue

Insightful Accountant

According to the latest MetLife & US Chamber of Commerce Small Business Index, small businesses are feeling better about the future. Read more here.

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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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50+ Key SaaS Statistics To Know In Under 15 Minutes (2023)

CloudZero

Getting the right information at the right time can dramatically change the direction of your business. Yet, you may not have enough time to keep up with everything.

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Tax Fraud Blotter: A jab well done

Accounting Today

Past tax problems, too; blaming the law; on pins and needles; and other highlights of recent tax cases.

Tax 246
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The Ultimate Guide: How SaaS Companies Tackle Non-Payment Issues

Enterprise Recovery

As the SaaS industry experiences exponential growth, it is not surprising that non-payment issues have become a pressing concern. Non-payment creates cash flow challenges and hampers the ability to invest in product development, customer support, and overall business growth. It's imperative for SaaS companies to address non-payment issues proactively.

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QuickBooks Time Now QuickBooks Workforce

Insightful Accountant

Intuit has consolidated pay and tax info into this new QuickBooks Workforce centralized app.

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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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The difference between accounting and bookkeeping

Accounting Tools

Related Courses Accountants’ Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook What is Accounting? Accounting is the systematic recordation of the financial transactions of a business. The recordation process includes setting up a system of record keeping, tracking transactions within that system, and aggregating the resulting information into a set of financial reports.

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The clock is ticking on beneficial ownership reporting

Accounting Today

Starting Jan. 1, 2024, many small businesses will face a major new reporting requirement — and many of them are completely unaware of it.

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Top 8 Features of QuickBooks Enterprise for Manufacturing Businesses

Ace Cloud Hosting

Some aspects of accounting are universal to all businesses, such as recording transactions, collecting revenue, and paying bills. But accounting for a manufacturing business involves some unique ones. The manufacturing.

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QuickBooks Checking Simplifies Bank Feeds Matching

Insightful Accountant

You will save time due to the high-confidence recommended matches using QuickBooks Checks.

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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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The difference between net income and net cash flow

Accounting Tools

Related Courses Financial Analysis The Interpretation of Financial Statements What is Net Income? Net income is the revenues recognized in a reporting period, less the expenses recognized in the same period. This amount is generally calculated using the accrual basis of accounting , under which expenses are recognized at the same time as the revenues to which they relate.

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Puerto Rico helps IRS investigate tax dodgers

Accounting Today

The island's top economic development official says he's actively cooperating with U.S. tax authorities as they investigate about 100 high-income individuals.

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When to Invest in Your Own Business’s Growth

Nolan Accounting Center

When you own your own business, there are lots of things to think about and decisions that must be made. One of these major decisions is when you should invest in your own business’s growth. Often, there are valid reasons for both sides of the argument- it all comes down to your personal thoughts and situation. Nolan Accounting works with small businesses around Southeast Wisconsin.

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The 9th Annual Accounting Firm Operations and Technology Survey is Here

Insightful Accountant

The accounting profession’s first and only national, independent premier benchmark survey for practicing accounting, tax and bookkeeping professionals will remain open through Sept. 1.

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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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Accounting schedule definition

Accounting Tools

What is an Accounting Schedule? An accounting schedule is a supporting document that provides additional details or proof for the information stated in a primary document. In business, accounting schedules are needed to provide proof for the ending balances stated in the general ledger , as well as to provide additional detail for contracts. Examples of accounting schedules are: A list of the aged accounts payable A list of the aged accounts receivable An itemization of all fixed assets and thei

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ESG due diligence affects M&A deals

Accounting Today

With increasing demands from regulators and investors to provide some form of sustainability reporting and climate-related disclosures, companies pursuing mergers and acquisitions need to vet their potential targets more closely.

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Does A/R Know When to Escalate to Collections?

Enterprise Recovery

If your business is in a situation where goods or services have been provided, but your customer has failed to pay their invoice on time, it's up to your accounts receivable team to follow up. Your A/R department, however, can only do so much to ensure that your business receives the payment it deserves and maintains a healthy cash flow. It's crucial to provide a detailed process for escalating past-due invoices beyond accounts receivable to collections.

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How to Achieve a Zero Accounts Receivable Business

Insightful Accountant

Ignition's Matt Kanas explains how firm owners can build or transition their business to have zero AR.

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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.