Sat.Jan 21, 2023 - Fri.Jan 27, 2023

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Why now is the time to transition to STP Phase 2 in Xero

Xero

By now, you’ll be familiar with Single Touch Payroll Phase 2. This will see your business build on its existing STP reporting to share more information with the ATO and additional government agencies whenever you process a pay run. With Xero’s deferral soon coming to an end, mandatory Phase 2 reporting is set to commence from 31 March 2023. This means that all Xero Payroll users must transition to the Phase 2 reporting standard.

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Step Away From The Books with Outsourced Bookkeeping

Accounting Department

From a business owner's standpoint, the thought of handing off an entire area of your business for someone else to take care of may seem a bit nerve-wracking. But business owners should consider how much time is being used up on a daily, weekly, or yearly basis on an area of the business, like bookkeeping, that can be spent focusing on sales, growth, and future planning.

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Top accounts payable trends for 2023

AP Association

Businesses are facing huge challenges as a result of the troubled economy. Inflation has reached a 41-year high of 11.1% and the Bank of England is warning of a long recession looming. As a result, businesses are increasingly automating their accounts payable process to increase efficiency going into 2023. Surveys have revealed CEOs' main goals are digitisation, growth and efficiency.

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How to Be a Good AP Clerk

Fidesic blog

Are you ready to take 2023 by storm, boost your job performance and get noticed by your bosses? We looked at content from recruiting agencies all over the internet and came up with some tips on how to be a good AP clerk. The 5 skills we found to improve so you can be a better AP clerk include: Communication, Organization, Attention to Detail, Software Skills and Continued Learning.

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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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Xero Roadshow 2023: Every step counts

Xero

This February, we’re pumped to be hitting Australia’s major cities and regional towns for – you guessed it – Xero Roadshow 2023! From Geelong to the Gold Coast and Parramatta to Perth, we’ll be touring 17 locations between 7 to 27 February. Since we last hit the road in March 2022, the world has continued to experience lots of change (like talent shortages, rising inflation and cost of living pressures).

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The Accounting Cycle: Everything You Need to Know

Accounting Department

The accounting cycle is a multi-step process that involves accepting, recording, sorting, and crediting payments made within a business during a period of time. It creates an accurate record of the business's financials that are summarized on its financial statements.

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How to use Plooto Capture

Plooto

In 2022 we introduced a new feature in Plooto called Plooto Capture, located in the Documents tab. Capture was built to help Plooto provide an automated end-to-end cash flow experience to our customers. Holistically, Capture is made to automate the input and creation of the bills that will then be paid through Plooto, with the convenience of having this entire experience live within the Plooto system.

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How small businesses are levelling up both their compliance and their digital and data capabilities in the face of growing regulation

Xero

We held our sixth Responsible Data Use Advisory Council meeting just before Christmas last year. This was another fantastic opportunity to tap the wealth of expertise of our council members about emerging trends around responsible data use for small businesses. The council is made up of myself, Laura Jackson of Popcorn Shed (business owner), Maribel Lopez of Lopez Research (technology analyst), Wyndi and Eli Tagi of WE Mana (advisors), Aaron Wittman of XBert (app developer), Anna Johnston of

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Why Performance And Cost Are Two Sides Of A Coin

CloudZero

In the SaaS world, it’s an accepted fact that engineering teams care most about performance, while finance teams primarily care about costs. The rift between the two teams is so large it caused the birth of a whole new SaaS company department — FinOps — to help them work together.

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When Culture Meets Community

Insightful Accountant

MasterYourBooks' Mariette Martinez on the important role both play in reaching personal and professional growth goals for Latinos.

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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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The Ultimate Virtual Assistant for CPAs Guide

Future Firm

It’s my belief that hiring a virtual assistant for CPAs is one of the best choices you can make when scaling your firm. This guide will shed light on how a virtual assistant (VA) can help, what they can do, and where to find them. Let’s get started. Table of Contents What is a Virtual Assistant for Certified Public Accountants? What Can a Virtual Assistant Do at Your Firm?

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The small business guide to MTD for VAT penalties

Xero

This blog was first published in April 2022 and updated in January 2023. If you’re a VAT-registered business , you may have received a letter or email from HMRC, informing you that the new penalty system for Making Tax Digital (MTD) for VAT is now in place. Arriving at the beginning of this year, the system is described as simplified penalties for late VAT submissions and payments, with a goal of making these fairer and more proportionate for customers.

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What Is A DevOps Pipeline? A 2023 Beginner-Friendly Guide

CloudZero

Did you know that Google Search changes how it works about 12 times daily? For example, the internet search giant made about 4,500 changes to Search in 2020 alone. Those changes involved running more than 600,000 tests.

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All Eyes on Cannabis

Insightful Accountant

The Bonadio Group’s Kristin Kowalski discusses some of the ins and outs of what is becoming a potential growth opportunity in 2023 and beyond. Here’s what today’s accounting professionals should know.

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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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Why Happy B2B Clients Save Money

Enterprise Recovery

Does it actually cost more to attract new clients than keep current ones? That can only be decided when you consider the cost of your time and the value of your clients. Nevertheless, happy clients are usually your most loyal clients, and they'll likely recommend your goods and services to others. Let's identify strategies for keeping your existing B2B clients happy so you can maintain a strong, long-lasting business relationship and save money along the way.

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How to Build a SaaS Finance Team for the Future

Sage Intacct

The finance team of today looks incredibly different than its counterparts did five years ago. Modern CFOs and other finance leaders are expected to play a much more active strategic role in their companies than they once did.

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5 Signs it is Time for Your Hotel to Automate its Accounts Payable

IPS

Every business wants to do more with less these days, and hotels are no exception.

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QuickBooks for Mac 2023 Customer Group Features

Insightful Accountant

In QuickBooks Desktop Mac Plus 2023, you can create Customer Groups to run reports or send emails to multiple related customers.

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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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Press Release Accounts Payable Processing Services

Outsourced Bookeeping

We have started the Accounts Payable Services for businesses like Restaurants and Real Estate Companies and alike. Here we provide the back office support for functions like processing of Bills in Accounting Softwares We have worked in Software such as MAS90 Sage, Restaurant 365 (R365), Great Plains, QuickBooks and Propertyware. We can meet your requirements from 3 seat working to 10 seat working.

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Transform #5: From Cashier to Director of Accounting

Cloud Accounting Podcast

Meet Our Guest, Lea Briscoe LinkedIn: [link] Learn more about Purple Wave [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Get in Touch Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes , or Podchaser.

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Top 10 Benefits of Using A Document Management System

NextProcess

Is the paper in your office getting out of hand? Boxes taking up too much space? Or are important documents stored off-site where you can’t easily get to them? There are many good reasons to store business records, but if they’re cluttering things up or you can’t access them, then there’s a problem. Or maybe your records are already digitized, or at least some of them are.

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Important Changes to QuickBooks Related 1099 Filing and Billing for 2023

Insightful Accountant

You need to read this if you're an accountant who has firm-billed (wholesale billing or “Bill My Firm”) clients without a Payroll or Contractor Payment subscription, and are filing 1099(s) for the 2022 tax year.

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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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4 Signs That Your Business Needs to Reassess Its Bookkeeping

Counto

4 Signs That Your Business Needs to Reassess Its Bookkeeping Bookkeeping is a vital part of running a successful business. It helps track income and expenses and can provide insights into a company’s financial health. However, knowing when your business needs to step up its bookkeeping practices is not always easy. In fact, most start-ups may choose to engage accounting services for SMEs in Singapore to help streamline their processes.

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Customer Success Metrics for SaaS Startups (How to Measure)

Sage Intacct

In a down market, there is greater risk of customers not getting value from the product. So, how can finance teams help stay in front of customer churn?

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Map Your Cloud Journey: 50 Essential Cloud KPIs to Guide the Way

CloudCheckr

The cloud can deliver huge benefits to enterprise IT and your business as a whole. But in order to get the most out of your investment, you need to think strategically about how you will measure the success of your cloud journey. Whether you’ve recently adopted a cloud platform for your organization or your cloud operations are well established, there are many ways to assess the overall effectiveness of your IT infrastructure.

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5 Digital 'Must Haves' You Need at Your Disposal

Insightful Accountant

Digital strategist Lisa Apolinski breaks down the most important factors your firm's website needs to create a memorable digital experience for your clients.

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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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4 Signs That Your Business Needs to Reassess Its Bookkeeping

Counto

4 Signs That Your Business Needs to Reassess Its Bookkeeping Bookkeeping is a vital part of running a successful business. It helps track income and expenses and can provide insights into a company’s financial health. However, knowing when your business needs to step up its bookkeeping practices is not always easy. In fact, most start-ups may choose to engage accounting services for SMEs in Singapore to help streamline their processes.

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Customer Success Metrics for SaaS Startups (How to Measure)

Sage Intacct

In a down market, there is greater risk of customers not getting value from the product. So, how can finance teams help stay in front of customer churn?

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Why Does Tax Have a Busy Season?

Blake Oliver

Why does tax have a busy season? Maybe it doesn't have to be this way. A recent conversation gave me an idea for how to solve it. I went hiking with Giles Pearson on Sunday. It was a beautiful day, and it was the perfect chance to catch up with a new friend. As our conversation turned to work, I asked Giles what busy season was like for him during his time as a tax partner at PwC in New Zealand.

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US Small Business Sales Slow as Consumer Spending Tightens

Insightful Accountant

The recently released 'Xero Small Business Insights' reveals two slowest sales growth months since the start of 2021.

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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.