Sat.Nov 26, 2022 - Fri.Dec 02, 2022

article thumbnail

As tax season looms, staffing issues plague practitioners again

Accounting Today

Tax 290
article thumbnail

Helping UK small businesses to reach net-zero with Ecologi

Xero

We’re excited to welcome Bristol-based climate tech start-up, Ecologi , to the Xero App Store to support service-based small businesses in the UK to track and reduce their impact on the environment. . It’s more important than ever for the business community to play its part in protecting our planet. During the recently concluded COP27, there was an increased call during the summit for stronger action on net-zero.

XERO 258
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Accrued Expenses: Explained

Accounting Department

Accrued expenses, also known as accrued liabilities, refer to expenses that are recognized on the books before they have been paid. The expense is recorded during the period in which it is incurred, rather than when it is paid.

Accruals 184
article thumbnail

Understanding AWS pricing models: how to choose a strategy that helps optimize your cloud costs

FinOps in Practice

So, why is everyone so worked up about AWS and its pricing models? Well, it’s because it’s of utmost importance for literally all businesses that use Amazon Web Services to come up with a pricing strategy that will suit their needs but won’t hit the wallet. Luckily, Bezos’ brainchild offers various pricing models, which allow you to choose a suitable payment system, but at the same time may cause an embarrassment of riches and be a bit too confusing and complicated.

FinOps 130
article thumbnail

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.

article thumbnail

Get ready for increasing cybersecurity threats

Accounting Today

289
289
article thumbnail

How to scale your business globally with Xero and Airwallex

Xero

Despite the current economic climate, running a global enterprise is still the goal of many small and medium businesses. Recent research by our partner Airwallex shows that 70% of UK SMEs plan to expand into foreign markets in 2023. Of those, 81% want to grow their business in Europe and North America, while 60% hope to scale in the Asian Pacific, Latin American, African and Middle Eastern markets. .

XERO 251

More Trending

article thumbnail

Why Financial Planning is Important for SaaS CFOs During a Market Downturn

Sage Intacct

Financial planning can feel like spinning plates on sticks even during the best market conditions. There’s so much to keep up in the air, and if things fall, they certainly won’t fall gently. And when the markets turn against you during a recession, this feeling of fragility and anxiety can get even worse.

106
106
article thumbnail

Tech News: American Express launches B2B payments ecosystem

Accounting Today

CPA 288
article thumbnail

Highlights from this year’s Xero Australia Award celebrations

Xero

Last week, we celebrated our winning cohort of Xero Australia Award champions from FY22 and FY23. It was awesome to bring together 26 small business owners, advisors and app partners from across Australia to acknowledge their outstanding contributions to their local communities and the wider world of business. . So what did the winning experience involve?

XERO 249
article thumbnail

How Finance Can Instill An ROI Mindset In Engineering

CloudZero

Conventional wisdom states that SaaS engineers don’t care about costs. They care about building an optimal product, regardless of the dollar signs associated with it.

FinOps 98
article thumbnail

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.

article thumbnail

Building the Modern, Automated Accounting Firm

Plooto

It is a brave new world for accounting firms. New technology , pent-up client demand for advisory services, and ever-increasing compliance and regulatory oversight have created a new “business” mindset among accounting organizations — identifying clients’ needs and building the infrastructure to meet those needs.

article thumbnail

Comey and McCabe weren't targeted for tax audits, TIGTA finds

Accounting Today

Auditing 277
article thumbnail

Next phase of Xero’s platform growth will be driven by the community

Xero

A version of this blog was originally published as part of HubSpot’s ‘State of Partner Ops and Programs 2022’ report – you can read the full report here. . As we continue to grow as a global business platform, our partnerships are an invaluable part of how we support and provide #beautiful solutions to our customers. I was excited to be asked to participate in HubSpot’s ‘State of Partner Ops and Programs 2022’ report.

XERO 245
article thumbnail

B2B Sales & Marketing Tips to End the Year Strong

Enterprise Recovery

While we typically write about the end-of-the-year processes for accounts receivable , year-end brings about its own stress for the sales and marketing teams. With quotas to meet and budgets to assess, the challenges can weigh on even the most seasoned professional. Here are four tips for B2B sales and marketing professionals to end the year strong.

article thumbnail

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!

article thumbnail

Automation, Metrics, and MUD: A CFOs Guide for SaaS Success

Sage Intacct

The rules have changed for SaaS CFOs. Should we do lay-offs? How do we drive to profitability? How do we extend our cash runway?

64
article thumbnail

The 2022 Top 100 People: The biggest issues in accounting

Accounting Today

article thumbnail

4 things you need to check out at AccountingWeb Live Expo

Xero

AccountingWeb Live Expo is taking place this week, with a huge number of the amazing accounting and bookkeeping community in attendance to enjoy keynotes, panels and mingling at an incredible two-day event. At Xero, we can’t wait to head to Coventry on the 30 November – 1 December and see so many of you in person. Here, we break down what we have planned for the event, and why you should come say hello at stand D20. .

XERO 232
article thumbnail

Don't Let Past Due Invoices Ruin Your Holidays!

Enterprise Recovery

The holidays are a special time when your business breathes out a sigh as one year ends and another begins. Right? Before that happens, there is much to do! The end of the year signals the looming beginning of tax preparation and budget decisions. It also means closing out the books for the year and discovering delinquent receivables. Don't let past-due invoices ruin your holidays!

article thumbnail

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

article thumbnail

The Significance of Correcting Errors in Business Accounting

Analytix Finance & Accounting

Business bookkeeping and accounting are key components of business sustainability and success in virtually any industry. Therefore, ensuring reliable accounting is key to sound financial health for any business. This is also why correcting errors in business accounting (also known as catch-up) is so important. Here are some of the reasons why it’s critical for businesses to identify and correct accounting errors: Catch-up helps review bookkeeping and accounting processes and determine loopholes

article thumbnail

The top people in public accounting — 2022

Accounting Today

article thumbnail

App partner of the month: Datamolino

Xero

Xero has more than 1000 connected apps in its ecosystem, all working to help small businesses and their advisors succeed. Each month we celebrate an app partner who stands out from the pack. Find out more about becoming a Xero app partner here , and you can browse the Xero App Store here. We’re excited to announce November’s app partner of the month is Datamolino – an automated data-capture and invoice coding solution that saves small and medium-sized businesses time by reducing manual dat

XERO 220
article thumbnail

How to Reduce Overdue Payments in Accounts Payable

MineralTree

Late payments can be a huge headache for businesses of all sizes. Not only do they cost you money in the form of interest and fees, but they can also hurt your reputation with suppliers and other business partners. The good news is that there are several ways your business can reduce overdue payments in your accounts payable department, and it starts with AP automation.

article thumbnail

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.

article thumbnail

ITA Fall 2022 Applied Improv

dynavistics

Session: Practical/Applied Improvisation For Leaders.

52
article thumbnail

IRS prodded to make more progress on closing tax gap

Accounting Today

Tax 264
article thumbnail

How to manage the Singapore GST rate change in Xero

Xero

In the 2022 budget announcement, Singapore’s Minister for Finance announced the GST rate will increase from 7% to 8% on 1 January 2023, and from 8% to 9% on 1 January 2024. This change will impact all Singapore businesses that file GST. Here’s what we’re doing to make it easy for you to manage this change in Xero. Update your default rate. We’ll make the new 8% rate available in Xero by 9 December 2022.

XERO 203
article thumbnail

How Can a Small Business Establish Trust with its Employees?

Nolan Accounting Center

There are many different reasons why employees choose to change employers- but there does seem to be a common theme: lack of trust. Many times, this is due to changes in the company, such as a change in leadership or a merger/acquisition. Other times, it’s due to a lack of trust in co-workers. However, the most common problem is that managers don’t establish trust in their employees to complete the assigned tasks without being micromanaged.

article thumbnail

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.

article thumbnail

Dext is releasing an end-to-end MTD ITSA solution

Dext

On December 5 2022, the first release will be available to existing Dext Prepare customers as part of the Dext Prepare product. In early 2023, we will make the MTD ITSA solution available to the wider market. Dext’s solution will include the option to submit directly to HMRC on behalf of self-employed and landlord clients.

52
article thumbnail

Lawmakers push to expand housing tax credit

Accounting Today

Tax 264
article thumbnail

3 Things to Know about AvidXchange and ResMan Integration

AvidXchange

When using an accounts payable (AP) automation system, it’s important to find a solution that integrates with your existing technology. A full application programming interface (API) integration between your property management accounting software and AP automation solution can offer a more efficient AP process. API integrations, like AvidXChange and ResMan Software , replace a manual, file-based process with a secure, automated sync of GL codes, suppliers, payment details and invoice batches.

AP 52
article thumbnail

How Can a Small Business Establish Trust with its Employees?

Nolan Accounting Center

There are many different reasons why employees choose to change employers- but there does seem to be a common theme: lack of trust. Many times, this is due to changes in the company, such as a change in leadership or a merger/acquisition. Other times, it’s due to a lack of trust in co-workers. However, the most common problem is that managers don’t establish trust in their employees to complete the assigned tasks without being micromanaged.

article thumbnail

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.