Sat.Aug 20, 2022 - Fri.Aug 26, 2022

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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.

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

Accounting Today

Tax 325
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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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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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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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California pass-through entity tax credit circumvents SALT cap

Accounting Today

Tax 277

More Trending

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25 Crucial DevOps Automation Tools Your Team Needs In 2022

CloudZero

With technology advancing and the business environment becoming increasingly competitive, your DevOps team needs to continually improve your product. Yet releasing new product features and improving existing ones require freeing up their time. You can do this by automating repetitive tasks.

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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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Do we need accounting firms?

Accounting Today

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Everything You Should Look For in a Procure to Pay Solution

AvidXchange

Everything comes at a cost. Companies must charge for the materials and services they use to create the final product, plus a little extra to ensure a return on investment of raw goods. In the B2B world, this is known as the procure-to-pay process. Table of Contents What is Procure-to-Pay? The procure-to-pay (also known as purchase-to-pay or P2P) process is the cycle in which businesses inquire, request, receive, and then pay for raw goods and services.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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15 Essential Container Orchestration Tools For 2022

CloudZero

Managing containerized applications or microservices can be difficult. It is even more demanding and error-prone if you do it manually. So, what’s the alternative?

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The top three security priorities for your organization as you look ahead

Xero

The last two days at Xerocon New Orleans have been a fantastic whirlwind, and I was particularly thrilled to speak about my favourite topic – how to keep your practice cyber safe – in a breakout session on the second day for our delegates. . As Xero’s General Manager for Security Assurance, this is a topic very close to my heart, and it’s this education and awareness piece that makes up a huge part of the work my team and I do on a day-to-day basis. .

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Supreme Court to hear case involving taxation of U.S. expats

Accounting Today

Tax 264
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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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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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5 Things A Successful VPE And CTO Should Do Every Day

CloudZero

Great leaders know how to think big. As a VPE or CTO, your leadership role puts you in a position to make important changes and guide policy.

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Xero Small Business Insights expands to the United States and Canada, providing timely updates on state of small business

Xero

It takes passion and perseverance to run a small business. I saw this first hand growing up in my family’s small business in rural Canada. Now, more than ever, running a successful small business takes insight. Historical trends and timely market data can, when used effectively, help small businesses and their advisors adapt to complex present realities and prepare for future ones.

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What the student debt forgiveness plan would mean for taxpayers and the U.S. economy

Accounting Today

Tax 264
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Flawless Execution of Professional Billing for Northern Regional Hospital

SSI Healthcare Rev Cycle Solutions

Flawless Execution of Professional Billing for Northern Regional Hospital. August 24, 2022. August 24, 2022. Northern Regional Hospital is a leading provider of quality, affordable medical care, serving patients in Mount Airy, NC, and surrounding regions since 1953. The hospital features comprehensive healthcare solutions for an expansive range of specialties, including state-of-the-art emergency, diagnostics, and surgery centers.

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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.

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How One Church Focuses on Paying It Forward Instead of Worrying About Accounts Payables

AvidXchange

Daniel Miracola with Central Presbyterian Church shares how AvidXchange helped to automate their accounts payable process, allowing them to scale while reinvesting their savings back into the church. Central Presbyterian Church is a historic congregation on the Upper East Side of Manhattan, founded by pastor and abolitionist William Patton in 1821. After experiencing a period of decline in the early 2000s, the church has grown its congregation into a culturally diverse body of more than 500 m

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The KaiXen chapters: Xero’s approach to continual improvement

Xero

In Japanese philosophy, change is represented by the word ‘kai’, and ‘zen’ means ‘for the better’. As we rapidly scale our technology capabilities in the pursuit of becoming the world’s most sustainably excellent engineering company, we know just how important the kaizen approach to continual improvement – small changes, over time – is in how we identify problems, and solve them. .

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The future of the Metaverse holds great promise. The present, less so.

Accounting Today

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The Ins and Outs of Non-Profit Accounting

Brigade

Non-Profit organizations are often made up of passionate team members dedicated to supporting their community or cause, and not many have a professional accountant on staff. These organizations require the same basic financial tracking and services as other businesses (expenses, invoices, accounts payable, accounts receivable, etc.) but can sometimes require extra support, especially when funding through grants, recording donations or reporting to a board of directors is involved.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

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

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The Accountant’s Guide to Standardised VAT Returns

Dext

Whether you pull together the client’s VAT returns or another staff member does the work, a robust framework allows you to standardise your firm’s process, mitigating the risk of human-error, no matter who is doing the work. In this guide, we’ll be sharing what that looks like.

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Building for the future with Best Accountancy Services (Plymouth) Ltd and MTD for ITSA

Xero

The road to Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is long and winding, but the end is in sight. From April 2024, sole traders and landlords with a total annual turnover above £10,000 need to use MTD for ITSA compatible software to keep digital records and file returns. We spoke with Alexa Whyatt, Personal Tax Manager and Macauley Brammer, Personal Tax Senior at Best Accountancy Services (Plymouth) Ltd , who have successfully onboarded five clients using Xero’s MTD for

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IRS offers tax penalty relief to late-filing taxpayers, refunding $1.2B in penalties

Accounting Today

Tax 264
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Ep. 196: Amanda Cohen – Why your company needs a risk management makeover

IMA's Count Me

Connect with Amanda: [link] [link] [link] [link] [link] [link] Full Episode Transcript: Adam: I'm Adam Larson and welcome to Count Me In, the podcast focused on all the ways management accountants can help businesses thrive through smart financial management and data driven decision making. My guest today is Amanda Cohen, the vice president of product at Resolver, a software company helping businesses manage complex interconnected risks.

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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

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72% of Economists Warn of a Recession in 2023

NACM

All eyes are on the Federal Reserve as it fights the worst inflation in four decades with aggressive interest rate hikes. Most economists (73%) expect the Fed to be unsuccessful in taming inflation in the next two years without triggering a recession, according to the National Association for Business Economics (NABE). 72% predict a recession by th.

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Meeting the expectations of a digital customer

Xero

It’s been so amazing to bring our long-awaited Xerocon event back to life in New Orleans over the past two days. This vibrant city brought a festive atmosphere to the event and we were inspired with on-stage performances by local talent such as Amanda Shaw , a fiddler and Brandan Odum , a successful street artist. It was the perfect way to reconnect with our US and Canadian based accounting and bookkeeping partners and the wider Xero community. .

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Former BDO audit manager shot and killed ex-boss

Accounting Today

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Trump CFO Pleads Guilty to Tax Fraud

Cloud Accounting Podcast

Sponsors FreshBooks [link] RelayFI [link] Liscio [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 1:46 – ?Big news from David Leary and Blake Oliver! ? [link] 2:14 – Dotcom Pioneer AccountingWEB Shuts Down - CPA Trendlines [link] 3:43 – Sift to Close AccountingWEB US Division [link] 5:58 – IRS issues immediate guidance for EV credits under Inflation Reduction Act [link] 7:24 – Yellen sets six-month

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Travel and Expense Policy Success: Your Essential Checklist

Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.