Xero

MARCH 2, 2023

Despite the fantastic work that accountants and bookkeepers do, the industry has an image problem. There’s still an old-fashioned perception, with little understanding of how you support small businesses and the wider economy. We know from our recent research – Five biggest hurdles hindering accountants – that recruitment is a key hurdle you face, and this misconception among the candidate pool isn’t helping.

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Accounting Accounting XERO Bookkeeping 233

Accounting Department

MARCH 3, 2023

AccountingDepartment.com is 19 years old today. Wow. When I started here in November of 2013, we were rapidly approaching our 10 th anniversary and faced with the first big “but how do we celebrate this milestone” question. Of course, as the years have passed these questions have come at various intervals celebrating both time and event-based achievements—but the excitement and celebration grows with each one.

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Accounting Accounting 222

Fidesic blog

MARCH 2, 2023

In this post we show Microsoft Dynamics GP users how to run a Great Plains accounts payable aging report, but first we will answer two questions that will help you regardless of your accounting system: What is an AP aging report? Why is aging AP important to track?

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Accounts Payable Accounts Payable AP Accounting 130

Ascend Software blog

MARCH 2, 2023

Why AP Automation? One of the most impactful things you can do to improve your organization’s Accounts Payable (AP) process is to automate it. AP automation is the use of technology to streamline and automate the invoicing and payments process.

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Invoicing AP Accounts Payable Accounts Payable 130

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

Xero

MARCH 1, 2023

I’m delighted to announce that Xero has partnered with Parolla , to offer Xero accounting and bookkeeping partners and small business customers a free VAT solution, enabling you to easily prepare and generate revenue-compliant VAT3 returns for direct upload to Revenue Online Services (ROS). Introducing the EMEA Xero team I’m Ayman, Head of EMEA (Europe, Middle East and Africa) and I want to personally introduce myself and my team to let you know we are committed to you and all our customers and

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XERO Bookkeeping Reconciling CPA 222

Accounting Department

FEBRUARY 28, 2023

Rare Disease Day is the globally-coordinated movement on rare diseases, working towards equity in social opportunity, healthcare, and access to diagnosis and therapies for people living with rare diseases.

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FinOps in Practice

FEBRUARY 25, 2023

With the advent of the digital age, cloud computing has quickly become an essential option for organizations of all sizes and shapes. Being a relentless leader in the IT field, Microsoft just couldn’t help but come up with a cloud computing platform of its own. Nowadays, Azure is one of the most popular cloud services out there, and for a reason. Like its competitors from AWS and Google Cloud, MS Azure offers a vast range of services and features that make it a reasonable choice for those who co

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Budgeting FinOps FinOps Computation 130

Xero

MARCH 2, 2023

In recent years, many advisors have faced the pressures of being all things to all clients around the clock. But not Jeannie Savage. Through an expanded list of service offerings and a deep reliance on both tech and her team, she’s built a bespoke practice in Cloud 9 Strategic – and her dream lifestyle to boot. A few years ago, Jeannie Savage was at a local community salsa class when her dance partner inquired about what she did for a living.

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Bookkeeping XERO 191

Accounting Department

MARCH 2, 2023

Cloud-based technology has altered how modern-day businesses operate. From management to finance, everything has a place when it comes to recent software technology offerings. This goes for accounting as well. With the current technology and service offerings on the market, accounting is becoming simpler and much more effective for business owners.

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Accounting Accounting 176

ProsperOps

FEBRUARY 28, 2023

The promise of elastic cloud infrastructure is the ability to quickly spin compute up and down and only pay for what you use. Workloads have different requirements and, depending on customer maturity level, take advantage of this capability to varying degrees. This ultimately leads to a wide variety of workload patterns from consistently stable to highly volatile.

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Computation Billing FinOps FinOps 130

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.

Accounting

Insightful Accountant

FEBRUARY 27, 2023

After more than 20 years of QuickBooks Desktop Point-of-Sale, Intuit has announced it is discontinuing the product on Oct. 3, 2023, along with all support for it.

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QuickBooks 105

Plooto

FEBRUARY 27, 2023

For businesses of all sizes, managing an organization’s cash flow is an essential ingredient for success. For a business to successfully manage its cash flow , it must first understand its current cash flow standing and consequently project how cash flow will look in the future.

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Management Accounting Accounting Accounting 98

MineralTree

MARCH 2, 2023

The world of finance is constantly evolving, and this year is no exception. The new year brings fresh challenges for CFOs and finance teams, specifically around strategizing methods to minimize the pressures of recession and inflation. Keep reading to learn about these top challenges facing CFOs in 2023, as well as the steps leaders should take to prepare their organization and AP team for success.

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AP Accounts Payable Accounts Payable AR 83

ProsperOps

FEBRUARY 27, 2023

CASE STUDY Cloud Software: Drift Learn how CloudZero and ProsperOps help Drift make cost-informed engineering decisions, reduce resource usage, and automate the management of their discount commitments, reducing overall cloud costs and returning millions in savings to their AWS budget. Challenge Prior to working with CloudZero and ProsperOps, Drift’s finance and engineering teams were using their own methods for tracking, understanding, and managing their AWS bill and cost optimization per

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Budgeting Computation Billing 130

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.

Accounting

Insightful Accountant

FEBRUARY 28, 2023

You asked for this, so here it is. Esther and Murph will give you an in-depth look into the new QuickBooks Enterprise Intercompany Transaction feature like nobody has done before.

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QuickBooks 98

Jetpack Workflow

MARCH 1, 2023

Podcast Summary The difference between work and lives is about the quality of time we spend within them. Everyone can complete a job, task, or assignment, but few can provide relational and intimate value in their work. An accountant that cares about the work they are doing is an accountant that is in the position to enjoy their work. Quick Links B 3 Method Institute Business Balance Bliss Client Advisory Services (CAS) Amy Vetter Amy is the CEO, keynote speaker, and consultant at B 3 Method Ins

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Bookkeeping Services CPA Bookkeeping Accounting 59

NextProcess

MARCH 3, 2023

Even if you haven’t already started using software solutions and automation to make your business processes run more smoothly, process automation is likely on your radar. Automating things like accounts payable, purchasing, and expense reporting has been going on for years. There’s a good chance your company is already using software like QuickBooks or NetSuite to help manage finances.

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Analytix Finance & Accounting

MARCH 2, 2023

Digital transformation is the key to succeeding in a socially distanced environment. Social distancing and hybrid workplaces are quickly becoming a reality. Therefore, digital transformation is essential for any business to thrive and not just ensure sustainability. Yet, it is not easy for traditional businesses to successfully make the transition to digital workplaces.

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Accounting Accounting CPA Reconciling 52

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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.

Financial Statements

Insightful Accountant

FEBRUARY 26, 2023

Internationally renowned ProAdvisor Esther Friedberg Karp shares an oldie, but a goodie, with her deep dive into the overall QuickBooks Desktop color scheme, as well as one for individual balance sheet account registers.

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QuickBooks Accounting Accounting 98

Sage Intacct

MARCH 2, 2023

The demand for billing flexibility is one of the hallmarks of the SaaS industry. Between usage-based billing , feature pricing tiers, and all kinds of hybrids between the two, accounting teams at startups are quickly discovering the need for effective, sophisticated usage-based billing software.

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Billing Accounting Accounting 52

CapActix

MARCH 2, 2023

Overview Tax preparation outsourcing service is a professional service that provides businesses with help in preparing their taxes. You can avail of such services through an outside contractor which can also include assistance with filing tax returns, managing tax liabilities, and other related tasks. The vital goal of tax preparation outsourcing services is to help you to minimize your tax burden and maximize your profits.

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Tax CPA Auditing Financial Statements 52

CSI Accounting & Payroll

MARCH 2, 2023

There are many moving parts involved in operating a restaurant. That's why calculating and reviewing your performance metrics over time is a great way to: Spot negative trends Identify areas of improvement At CSI Accounting & Payroll, we've worked with restaurants for more than 50 years. Based on real-world experience of watching small businesses succeed (and even fail), we know which metrics matter to keep an eye on the most.

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Payroll Accounting Accounting Small Business Accounting 52

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

Insightful Accountant

FEBRUARY 27, 2023

Xero Economist Louise Southall shows how accountants and bookkeepers can help small business owners navigate late payments and slow sales growth.

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XERO Bookkeeping Accounting Accounting 108

Blake Oliver

MARCH 2, 2023

What is the cost of the 150-hour rule to becoming a CPA in the US? Based on my calculations, the accounting profession spends at least $2 billion per year on the fifth year of education. The cost to each candidate often exceeds $100,000. Read my post on Accounting Today to learn how I got to that number.

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CPA Accounting Accounting 52

Sage Intacct

MARCH 2, 2023

The demand for billing flexibility is one of the hallmarks of the SaaS industry. Between usage-based billing , feature pricing tiers, and all kinds of hybrids between the two, accounting teams at startups are quickly discovering the need for effective, sophisticated usage-based billing software.

Billing 52

Billing Accounting Accounting 52

Future Firm

MARCH 1, 2023

How can coaches help business owners in achieving success more quickly and avoid mistakes? In this episode, I will provide advice on how coaching helped me significantly improve my business with business coaches. Listen Below. 0:48 – Coaching has significantly improved my business, so I’m sharing insights/tips in case you decide to hire a coach. 01:25 – One of the students shared a TED talk entitled “The Most Successful Person in the World” by Jeff Haden , on findin

Accounting 52

Accounting Accounting 52

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.

Insightful Accountant

MARCH 2, 2023

Intuit is offering free migration services for users of QuickBooks Desktop to take them to QBO from some Desktop versions. It also is offering free personalized setup for the same or similar users.

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QuickBooks 94

LedgerDocs

MARCH 1, 2023

Having a well organized document management system is essential for running a business. But managing years worth of financial documents can be tedious and time consuming, but with digital document management, it’s much easier to keep track of your important records. Not only is it less labor-intensive, but it also requires no physical storage.

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Data Entry Accounting Accounting Invoicing 52

Jetpack Workflow

FEBRUARY 28, 2023

The average cost of hiring a new worker in the US is $4,000, according to Glassdoor, with the hiring process taking an average of 24 days. This amount doesn’t include wages and other expenses. After the hire, you must onboard and train your new employee. The time spent bringing a new hire up to speed means less time running your business, resulting in a backlog of work, missed deadlines, and the risk of angry clients breathing down your neck.

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Bookkeeping Data Entry Billing Reconciling 52

Bookkeeping Express

MARCH 1, 2023

As a business owner, you’re likely always looking for ways to reduce your tax burden and maximize your bottom line. But with all the rules and information to keep track of, it can be easy to accept some of the “tax myths” floating around. Let’s ensure you know some of the more common false beliefs, so you don’t run into problems. Myth: If you file for an extension, you get more time to pay your taxes.

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Tax Auditing Accounting Accounting 52

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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.