FinOps Foundation

AUGUST 28, 2024

Key Insight: In addition to all major cloud infrastructure providers, third-party FinOps tool vendors are adopting the FOCUS for their platforms. Thousands of Practitioners rely on these tools to perform FinOps in their organizations. To help Practitioners understand this landscape, the FinOps Foundation will continue to track vendor adoption, and will eventually offer an official certification signifying conformance with the Specification.

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FinOps FinOps Cloud FinOps Billing 130

Accounting Today

AUGUST 26, 2024

Millionaires only accounted for 0.22% of total returns filed this year for the 2023 tax season.

Tax 338

Tax Accounting Accounting 338

Xero

AUGUST 25, 2024

We’re committed to continuously improving your invoicing experience in Xero. And as we transition to the new version of invoicing, we’re continuing to roll out more features and enhancements designed to streamline your workflow and boost productivity. As a reminder, there are some important changes happening in Xero invoicing: Beginning the week of 2 September 2024 at 9am NZT, we will be defaulting users to the new version of invoicing experience on a rolling basis.

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XERO Invoicing Deposits Collections 264

Intuit

AUGUST 30, 2024

What’s the difference between bookkeeping and accounting? These two professions seem to go hand in hand. Some even use the words interchangeably in conversation. But the truth is that they’re not as similar as some may think. In this guide, we’ll dive into the finer points of the two professions. We’ll define each, explore the differences between bookkeeping and accounting, and discuss what it takes to pursue roles in the fields.

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Bookkeeping Financial Statements Accounting Accounting 246

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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.

Accounting Department

AUGUST 29, 2024

In the dynamic world of small business, staying ahead means constantly measuring and optimizing performance. That's where Key Performance Indicators (KPIs) come in. These metrics help business owners, entrepreneurs, and startups monitor their progress, identify areas for improvement, and make data-driven decisions. Now that we understand the importance of KPIs, let's focus on the top 5 essential KPIs for e-commerce businesses.

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Financial Reporting 227

Accounting Today

AUGUST 29, 2024

This year's selection of outstanding firm leaders fill multiple roles with aplomb

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321

Intuit

AUGUST 27, 2024

10 AI skills you need for a career in tech By now, it’s no secret that proficiency with artificial intelligence (AI) is a necessity to move forward in the tech job market. Advancements in technology or new platforms roll out seemingly every day, and some of the biggest brands in the world are exploring the best implementations for AI—if it’s not already an integral part of their workflows.

Computation 227

Computation Customer Service Accounting Accounting 227

Accounting Department

AUGUST 28, 2024

In today's fast-paced business world, growing companies often find themselves accumulating multiple applications to enhance productivity. However, without proper integration, these applications can lead to siloed operations and data redundancies, ultimately hampering efficiency.

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Accounting Accounting 197

Accounting Today

AUGUST 29, 2024

Some IRS policies may favor large multinational corporations that use foreign no-tax or low-tax jurisdictions for the sole purpose of avoiding paying U.S. taxes, according to a TIGTA report.

Tax 311

Tax 311

Fidesic blog

AUGUST 26, 2024

Fidesic is that AP automation company with the octopus logo. Fidesic, the only octopus AP automation built specifically for Dynamics GP & Business Central.

Accounts Payable 130

Accounts Payable Accounts Payable AP Accounting 130

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.

Collections

Ace Cloud Hosting

AUGUST 30, 2024

Running an inventory-based business comes with its own unique set of challenges. Beyond the usual responsibilities of payroll, customer service, and budgeting, managing and accounting for Inventory adds another layer.

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QuickBooks Budgeting Manager Customer Service Payroll 105

Insightful Accountant

AUGUST 27, 2024

Starting October 27, 2024, the price of Xero's most popular plans in the United States will increase. The Early, Growing, and Established plans will see price changes ranging from $2 to $5 dollars per month.

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XERO 98

Accounting Today

AUGUST 26, 2024

AICPA chair Carla McCall talks about how accounting firms need to work together so they can all thrive separately.

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Accounting Accounting 312

Nanonets

AUGUST 26, 2024

In our hunter-gatherer days, we had to classify objects and beings as food, foe, or friend, for survival. Today our need for classification is less for conservation and more for clarity.  In this era of information overload, document classification is of considerable importance for the efficient management and use of information and knowledge.   In this article, we will look at the types of document classification and how ML techniques are being increasingly used for this purpose.

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Computation Customer Service Purchase Order Invoicing 97

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.

Accounts Payable

Ace Cloud Hosting

AUGUST 25, 2024

In the dynamic world of business, informed decision-making is crucial for growth. QuickBooks Enterprise Solution offers advanced reporting functionality that can help you analyze the situation better and improve decision-making.

QuickBooks 100

QuickBooks 100

Insightful Accountant

AUGUST 29, 2024

Sheri Radler, Insightful Accountant's 2023 Up-n-coming ProAdvisor of the Year, provides a 'fresh perspective' on how QuickBooks Live Expert Assist can support and grow your ProAdvisor practice.

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QuickBooks Accounting Accounting 97

Accounting Today

AUGUST 29, 2024

The 2024 MP Elite share their strategies for solving accounting's current talent shortage.

Accounting 306

Accounting Accounting 306

Nanonets

AUGUST 27, 2024

Introduction In today's fast-paced business world, the ability to extract relevant and accurate data from diverse sources is crucial for informed decision-making, process optimization, and strategic planning. Whether it's analyzing customer feedback, extracting key information from legal documents, or parsing web content, efficient data extraction can provide valuable insights and streamline operations.

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Invoicing Financial Reporting 95

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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.

Accounting

Gaviti

AUGUST 27, 2024

Once your finance team is onboard with automating your accounts receivables to streamline and optimize the process, you’ll need to decide whether you want to shop for an outside vendor or build your own accounts receivable automation software in-house. The answer depends on a variety of factors, including your company’s size and available resources, the length of your timeline and need for customization.

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Accounts Receivable Accounts Receivable Account Receivables Accounting 92

Insightful Accountant

AUGUST 28, 2024

Amalgam is productivity software for accounting and finance teams by reducing the time spent with manual record-keeping and data entry.

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Data Entry Record Keeping Accounting Accounting 97

Accounting Today

AUGUST 28, 2024

In 2023, 179,000 notices of federal tax lien were filed, down roughly 84% from the high in 2010 of nearly 1.1 million.

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Tax 306

Enterprise Recovery

AUGUST 30, 2024

A business credit score is crucial for your company's financial health and reputation. It reflects your ability to manage credit responsibly and can impact your ability to secure financing, negotiate favorable terms with suppliers, and attract potential business partners. A strong business credit score demonstrates your reliability as a borrower and opens up opportunities for growth and expansion.

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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.

Payroll

Accounting Tools

AUGUST 29, 2024

What are Tests of Controls? A test of controls is an audit procedure to test the effectiveness of a control used by a client to prevent or detect material misstatements. The intent of these tests is to decide whether the controls are adequate for the detection and prevention of material misstatements. A test of controls is made irrespective of the dollar amount of the underlying business transaction.

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Auditing Accounting Accounting 75

Insightful Accountant

AUGUST 29, 2024

Alee Cochrane of Sydney, Australia, and one of our Top 50 International ProAdvisors for 2024 is our featured ProAdvisor this week.

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96

Accounting Today

AUGUST 27, 2024

The accountant of the future has come back to share some thoughts on how the profession will improve.

CPA 303

CPA Accounting Accounting 303

Billing Platform

AUGUST 26, 2024

An overlooked process by many software as a service (SaaS) and subscription-based companies, dunning is a 17th-century term that describes the process that organizations take to methodically communicate with customers to collect money owed for goods or services provided. The dunning process enables you to determine why a customer didn’t send a payment, as well as serves as an opportunity to broaden the customer experience (and improve retention) by reminding the customer of the benefits of doing

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Collections Billing Accounts Receivable Accounts Receivable 64

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.

Accounting Tools

AUGUST 29, 2024

What is Foreign Currency Translation? Foreign currency translation is used to convert the results of a parent company's foreign subsidiaries to its reporting currency. This is a key part of the financial statement consolidation process, resulting in a set of financial statements that are presented solely in the parent company’s reporting currency. The steps in this translation process are as follows: Determine the functional currency of the foreign entity.

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Financial Statements Accounting Accounting 75

Insightful Accountant

AUGUST 28, 2024

Xero data reveals a mismatch in payment preferences between small businesses and consumers. Nine out of ten consumers favor paying by card, while 30% of SMBs don't accept cards for payment.

XERO 95

XERO 95

Accounting Today

AUGUST 26, 2024

Innovation and changes are hot topics, but many who talk about it or wish for it never seem to move forward or make changes.

Accounting 301

Accounting Accounting 301

Ace Cloud Hosting

AUGUST 30, 2024

Integrating Generative Artificial intelligence (GenAI) into various industries has become a topic of intense interest, and finance and accounting are no exceptions.

Accounting 59

Accounting Accounting 59

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.

CPA