Sat.Sep 28, 2024 - Fri.Oct 04, 2024

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Business Central Accounts Payable: Go Beyond the Basics

Fidesic blog

In this post, we will talk about Business Central accounts payable features and when you might want to go beyond the out of box functionality when it comes to accounts payable. We’ll do this by sharing some of the shortcomings of built in D365 AP tools when it comes to invoice processing and payments.

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AICPA, NASBA propose CPA licensure changes in Uniform Accountancy Act

Accounting Today

The American Institute of CPAs and the National Association of State Boards of Accountancy proposed a set of changes in the model legislation used in many states to reflect an alternative pathway to CPA licensure based on competency.

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5 Key Performance Indicator Examples for SaaS Success

Accounting Department

Unlock the secrets to Software as a Service (SaaS) success by mastering these essential KPIs, which serve as the foundation for understanding and optimizing your business performance. By focusing on these key performance indicators, you can gain valuable insights into customer behavior, financial health, and operational efficiency, ultimately driving growth and ensuring long-term sustainability in the competitive SaaS landscape.

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How Mutual Muse took circular fashion from trend to timeless

Xero

When you think of ‘circular fashion’ you might think of donating your old clothes and items to local charity shops, or online marketplaces. But what about consignment stores that pay you for your most-loved items and offer credit notes that allow you to refresh your wardrobe at the same time? That’s exactly what Kirsta Hawkins, owner of sustainable consignment store Mutual Muse, wanted to bring Australian shoppers when she opened her first store in 2014.

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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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Business Central Accounts Payable: Go Beyond the Basics

Fidesic blog

In this post, we will talk about Business Central accounts payable features and when you might want to go beyond the out of box functionality when it comes to accounts payable. We’ll do this by sharing some of the shortcomings of built in D365 AP tools when it comes to invoice processing and payments.

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TIGTA spots tens of thousands of unresolved system vulnerabilities

Accounting Today

TIGTA said the IRS failed to address literally tens of thousands of security vulnerabilities in both its mainframe platform environment and its security application environment.

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HMRC to Consult on E-Invoicing for Businesses and Government Departments

Compleatable

In a significant step toward modernising the UK’s financial infrastructure, HM Revenue and Customs (HMRC) has announced a consultation on the introduction of e-invoicing for businesses and government departments. This move aligns with the government’s broader agenda of digitising processes and improving efficiency within public and private sectors.

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Fine-Tuning Vision Language Models (VLMs) for Data Extraction

Nanonets

💡 Note that this is the 3rd and final article in the series of VLMs for data extraction. You can find - the one about surveying VLMs here , and - evaluating VLMs on your own dataset here Introduction If you’re beginning your journey into the world of Vision Language Models (VLMs), you’re entering an exciting and rapidly evolving field that bridges the gap between visual and textual data.

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AICPA asks for tax relief in aftermath of Helene and IRS grants it

Accounting Today

The American Institute of CPAs has sent a letter to the IRS asking for immediate tax relief in the wake of the hurricane, which caused widespread destruction in six states.

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Surviving the Second Tax Season

Insightful Accountant

The IRS reports a 30% increase in tax extensions over the past five years, with 19 million taxpayers filing for automatic extensions this year. This trend is reshaping our profession (and driving us all nuts).

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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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Compleat partners with Pearl Scan

Compleatable

Compleat partners with Pearl Scan as their document management solution partner Compleat today announced a new partnership with Pearl Scan. This new partnership will give Compleat’s customers access to a leading document management solution specialising in high-quality scanning, shredding and storage solutions. “We are excited about this partnership with Pearl Scan, as it marks an important advancement for both our companies and, more importantly, for our customers.

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9 Best AI Tools for Accounting Professionals

Ace Cloud Hosting

The accounting industry is undergoing a dynamic shift, all thanks to the incredible power of artificial intelligence. If you’re still navigating your accounting tasks without AI tools, it’s time to.

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Salary guide: Accountants expect disruption, will see average job growth

Accounting Today

LHH's 2025 Annual Salary Guide reports 56% of accounting professionals feel their roles are at risk of disruption by digitalization, automation and AI.

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Consumption-Based Pricing Model Software: 14 Benefits You Don’t Want to Miss

Billing Platform

Consumption-based pricing (also referred to as usage-based pricing) charges based on what you use or consume. This usage-based pricing model charges customers only for the resources consumed. For instance, let’s assume a SaaS company sells cloud-based data storage. Here’s how consumption-based pricing works. The customer uses the data storing software.

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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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Balancing Automation with Personal Touch: Maintaining Client Relationships In A Digital World

The Successful Bookkeeper

Just as with many other professions, AI-driven tech has transformed the way bookkeepers operate—tasks like invoicing, reconciliation, and data entry are now streamlined by automation.

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Boost Collections by Training Debt Recovery Skills

Enterprise Recovery

Effective debt recovery is a cornerstone of financial management. Without an efficient approach to collecting outstanding debts, businesses can suffer from cash flow issues, leading to operational challenges and potential financial instability. Skilled debt recovery ensures that the company can maintain its liquidity, meet its financial obligations, and reinvest in growth opportunities.

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Young accountants: Choose your own adventure

Accounting Today

New entrants to the profession face more decisions more often than ever in building their accounting careers. Expert weigh in with their best career advice.

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Sara Grafals of Speedway Motorsports Embraces Automation

AvidXchange

“Automation” is a business buzzword for good reason. In this episode of “ The Power of Change ” podcast, AvidXchange Founder and CEO Michael Praeger sat down with Sara Grafals , the senior vice president of regional finance for Speedway Motorsports , to discuss how AvidXchange’s automation tools have saved her team $300K and hundreds of hours of staff time.

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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 Bookkeeping Software Can Simplify Small Business Operations

Less Accounting

For small business owners, managing day-to-day operations efficiently is crucial for success. However, juggling various tasks like invoicing, expense tracking, and financial reporting can quickly become overwhelming without the right tools and processes in place. This is where bookkeeping software comes into play. In this blog post, we’ll explore how bookkeeping software can simplify small business operations and why it’s a game-changer for entrepreneurs.

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Drake Documents: 5 Features You Should Know

Ace Cloud Hosting

Drake Software is well-known for its tax and accounting tools, earning high ratings in the industry. A survey by the Journal of Accountancy placed Drake Software at the top, with.

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IRS issues draft Form 7217 for comment

Accounting Today

The 7217 is designed to report the basis of all distribution of property that a partner receives from a partnership in a non-liquidating or liquidating distribution.

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Intuit Envisions "Done-for-you" future

Insightful Accountant

Intuit envisions a future for their clients where consumers and businesses will experience 'done-for-you' functionality within the company's products resulting from 'Agentic AI.

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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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How Digital Document Management Simplifies Tracking Business Expenses

LedgerDocs

As a bookkeeper for small business owners, you know how vital accurate expense tracking is for the financial health of your clients business. However, working with traditional paper receipts and invoices can be messy and error prone. Digital document management systems can supercharge this process, making expense tracking easier, more accurate and more efficient.

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How Company Secretaries Can Facilitate Fundraising for Startups in Singapore

Counto

How Company Secretaries Can Facilitate Fundraising for Startups in Singapore In Singapore’s dynamic startup ecosystem, company secretaries play a crucial role in assisting businesses with their fundraising efforts. Their expertise ensures that startups adhere to legal standards, enhancing their credibility and fostering investor trust. This post explores the various ways company secretaries contribute to the fundraising process for startups. 1.

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Jay-Z, Megan Thee Stallion exit BDO after Fat Joe's fraud allegations

Accounting Today

Rapper Fat Joe's 2022 lawsuit accused a former BDO employee of using his accounts and credit cards to withdraw thousands of dollars in cash.

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APP Academy featuring Xero

Insightful Accountant

Xero recently showcased their powerful cloud-based accounting platform at the Future Forward App Academy, emphasizing their role as a strategic partner for small businesses and their advisors.

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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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4 Simple Steps to Visualize AWS Costs with CUR & QuickSight

Economize

The AWS Cost and Usage Report (CUR) is a treasure trove of detailed billing data, but in its raw form, it’s more like a cumbersome spreadsheet—overwhelming in scope and often hard to translate into actionable insights.

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Incorporation Strategies for Startups: Structuring Your Business to Attract Investors

Counto

Incorporation Strategies for Startups: Structuring Your Business to Attract Investors Launching a startup involves numerous critical decisions, one of which is selecting the appropriate business structure. This choice is vital, as it can profoundly impact your ability to attract potential investors. The right structure not only defines your operational framework but also sets the stage for future funding opportunities.

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By the numbers: Firms' tech priorities, financial restatements, and more

Accounting Today

The latest data on where accountants are focusing their technology investments, what Gen Z values most in a future employer and other key metrics.

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Solver Releases Three New Industry Solutions

Insightful Accountant

Solver has released three new industry solutions serving Construction, SaaS and Senior Living. Their solutions use the power of data to meet operation and business goals, and drive and accelerate better decisions.

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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.