Sat.Mar 18, 2023 - Fri.Mar 24, 2023

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Xero announces future plans for WorkflowMax

Xero

Over a decade ago, Xero acquired the WorkflowMax (WFM) product to build out Xero’s practice tool offering globally, and ultimately help us to create a more seamless experience for accountants and bookkeepers to run their practice in the cloud. We followed with the launch of Xero Practice Manager (XPM), bringing to fruition the early vision we had for the WorkflowMax product.

XERO 290
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Digitizing Payments for Service Based Industries

Fidesic blog

Digitizing accounting functions can improve efficiency, reduce costs, and increase accuracy for service-based companies. It can also provide valuable insights and analytics that can aid decision-making and help firms stay competitive in a rapidly evolving marketplace. In this post we will discuss the importance of digitizing B2B payments as it relates to digital transformation (DX) initiatives.

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A London-based accountant rides the wave of digital transformation

Intuit

Growing up, Eriona Bajrakurtaj had a unique dream compared to other kids her age. “I wanted to be this businesswoman where I walk into a boardroom and everyone respects me because I have knowledge and things like that,” Eriona says. “I had a very different outlook from my friends.” In fact, very little about Eriona’s childhood was typical. At 13, she started bookkeeping for her father’s fledgling accounting business.

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CFOs Love Outsourced Bookkeeping Services for These 4 Reasons

Accounting Department

Outsourced bookkeeping services are here to help CFOs of small to medium-sized businesses optimize their time and offer them a number of benefits!

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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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Four ways Kiwi small businesses can hit refresh for FY24

Xero

The past few months have been a whirlwind for many New Zealanders. From devastating weather events to rising costs of living pressures, it’s been a hugely challenging start to 2023. But the promise of a new financial year brings the chance for small business owners to reset their work routines – creating new habits, goals and even wellbeing practices to make life a little easier.

XERO 258
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How has the ISV Landscape Changed in the D365 ERA?

Fidesic blog

How has the Microsoft Dynamics ISV landscape changed in the D365 ERA?

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Work Smarter, Not Harder with Workflow Automation

Accounting Department

As we move towards a more technology-driven world, it's important for business owners to adopt a "work smarter, not harder" mentality. One way to achieve this is through workflow automation with ERP software like NetSuite.

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ProsperOps at AWS Fest

ProsperOps

ProsperOps at AWS Fest May 3, 2023 Virtual Event 12:00 p.m. CT On May 3rd, w e're teaming up with N2WS for a presentation at the Compute Edition of AWS Fest! AWS Fest is a virtual global summit for cloud customers managing their workloads on AWS. The summit offers the most innovative and comprehensive real-life problem-solving topics affecting cloud.

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What is MLOps & why is it important for today’s companies now?

FinOps in Practice

Do you know any data scientists or machine learning (ML) engineers who wouldn’t want to increase the pace of model development and production? Are you aware of teams who are collaborating with pure ease when enlisting continuous integration and deployment practices on ML/AI models? We don’t think so. MLOps, which stands for Machine Learning Operations, is being used to help streamline the workflow of taking machine learning models to production, as well as maintaining and monitoring them.

FinOps 130
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Building wealth over looking rich online with The Millennial CPA

Intuit

Money has always played an important role in Kim Liao’s life. As a little girl growing up in China, she embraced the side-hustle. She loved getting pocket change from her parents for doing chores or practicing piano and would even charge her uncles $3 to wash their hair. “I just wanted to be rich,” she remembers. Kim had a good role model for success and hard work in her mother—a college professor.

CPA 241
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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 Basic 1, 2, 3 of QBO-Advanced Spreadsheet Sync

Insightful Accountant

Murph takes you through the basic steps to use QuickBooks Online-Advanced Spreadsheet Sync. Preliminary results of our Top 100 Applicants specializing in QBO-Adv show not many of their clients are using this feature.

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Top 13 Accounting Trends 2023 To Keep An Eye On

CapActix

Introduction Accounting practices have changed over time with new technologies, evolving customer demands, and business needs. It is now much more than just bookkeeping and ledgers. Accounting firms are embracing these new trends to be in league with the new changes and better serve client demands. The Pandemic effects are still relevant, and adapting to the latest accounting trends is the one way to stay sustainable for more extended periods in the market.

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What are the main challenges of the MLOps process?

FinOps in Practice

MLOps stands for Machine Learning Operations and refers to the practice of implementing the development, deployment, monitoring, and management of ML (machine learning) models in production environments. The main aim of MLOps is to close the gap between data science and IT operations by applying certain principles and practices – from DevOps to ML workflows.

FinOps 100
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Mobile home flipping leads to shared prosperity

Intuit

While sparring with his aspiring-boxer nephew, Cedric Utley took some punches and closed his eyes on impact. He learned an important life lesson when his nephew chided, “You got to get hit with your eyes open.” The words stuck with Cedric. “That’s kind of what life is,” he says. “You’re going to get hit, but you still have to see the opportunities in front of you.

Tax 130
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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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What to Do After the Fall of SVB

Insightful Accountant

401GO's offers six tips accounting professional advisors can offer to help guide their clients.

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How to Ignite Your Company’s Growth With Working Capital

Plooto

All business owners face the epic challenge of growing their business while having enough cash to fund product development, expand sales and marketing, or hire additional staff. The key to success lies in having positive working capital , which provides excess cash to invest in growth. To quote an industry maxim: “Revenue is Vanity, Profit is Sanity and Cash is King” — Alan Miltz.

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Gross Profit Margins for Auto Repair Shops [Quick Tip]

CSI Accounting & Payroll

As an automotive repair business owner, setting and hitting appropriate Gross Profit Margins (GPMs) can significantly impact your company's financial health and long-term success. The GPM is a crucial metric that reflects the percentage of revenue that remains after the cost of goods sold (COGS) is subtracted. How do you get started with monitoring your GPM?

Payroll 98
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1099-NEC guidelines for business owners

SMB Accounting and Consulting

When a new vendor or subcontractor provides a service to your business for the first time, it is important to request a W-9 from them as soon as possible. By doing so, you will be able to confirm the vendors mailing information and EIN (Employer Identification Number) which is needed for 1099-NEC tax filings. Tax form 1099-NEC is the IRS form used by businesses to report payments made to independent contractors, subcontractors, freelancers, sole proprietors and self-employed individuals for serv

Tax 94
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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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Do Accountants Need a New Image?

Insightful Accountant

Trullion CEO Isaac Heller explains why technology offers an answer—and the promise—of revitalizing an industry.

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Top 4 Accounts Receivable Challenges and How to Overcome Them

Gaviti

Proper accounts receivable management is vital if you want to operate a healthy business. It doesn’t matter how much in sales you generate if you never collect on your invoices, or if you keep losing vital invoices you are meant to collect on. While it may not be the most exciting part of your business, good accounts receivable (A/R) practices will make your other business operations much smoother.

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Why land is not depreciated

Accounting Tools

Related Courses Fixed Asset Accounting How to Audit Fixed Assets The land asset is not depreciated , because it is considered to have an infinite useful life. This makes land unique among all asset types; it is the only one for which depreciation is prohibited. Nearly all fixed assets have a useful life, after which they no longer contribute to the operations of a company or they stop generating revenue.

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Heat Is On SVB Auditors & Hot Takes From A Tax Lawyer

Cloud Accounting Podcast

Matt Foreman explains what tax lawyers do; KPMG in the spotlight for signing off on SVB's books; digital bank apps benefit from SVB collapse; CLA launches paid high school accounting internships; Zoho's 10 most-installed CRM extensions of 2022; accounting talent shortage may cause city credit ratings to drop Sponsors Softledger - [link] LiveFlow - [link] Keeper - [link] Need CPE?

Tax 75
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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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QuickBooks Payments Now Offering Dispute Protection

Insightful Accountant

See how the program will help protect small business against unforeseen charge-backs, regardless of fraud, no questions asked.

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Women’s History Month: Celebrating our wins and facing the challenges ahead

Reconciled Solutions

March is Women’s History Month, which means it’s a great time to recognize the achievements of women, particularly in the business world. Women entrepreneurs and. The post Women’s History Month: Celebrating our wins and facing the challenges ahead appeared first on Reconciled Solutions.

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Trial balance errors

Accounting Tools

Related Courses Bookkeeping Guidebook Closing the Books The Year-End Close Types of Trial Balance Errors The trial balance is a summary-level of listing of the debit or credit total in each account. You normally use the initial, or unadjusted, trial balance for two reasons: To ensure that the total of all debits equals the total of all credits, thereby ensuring that all of the underlying transactions are in balance.

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How to Efficiently Collect AR and Get Invoices Paid Faster

Enterprise Recovery

As accounts receivables (AR) begin to fall delinquent, your business expenses could fall delinquent as well. With every late-paying client, cash flow for payroll, rent, or other vendors falls short, threatening your company's bottom line and growth. The effectiveness of your accounts receivable department may be one of the most important measurements to determine the success of your business.

AR 65
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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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Relay and Profit First Joining Forces

Insightful Accountant

Thanks to the new partnership, Relay will become the official online banking platform for the network of certified coaches and trainers.

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Intermediary Account vs. Direct Debit: An Overlooked Yet Critical AP Automation Criteria

MineralTree

You’re researching flights for that much-needed vacation and are presented with two options: a direct flight or a connecting flight. Which do you buy? Given a choice, most people opt for the direct flight because it’s faster and easier. Connections add unnecessary time, stress, and risk to a trip – even when everything goes according to plan. Layovers that go awry also create a domino effect, enabling one delay or missed connection to disrupt your entire itinerary.

AP 65
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Original issue discount definition

Accounting Tools

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What is an Original Issue Discount? An original issue discount is the difference between the face value of a bond and the price at which it was originally sold to an investor by the issuer. When the bond is eventually redeemed on its maturity date , this discount is paid to the investor, which represents a profit for the investor.

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Top 5 Challenges Today’s CPA Firms Face and Ways To Overcome Them

Outsourced Bookeeping

CPA firms are essential providers of professional accounting services to governments, businesses, and individuals. They provide services such as financial reporting, taxation, auditing, and advisory services. Despite their significance, CPA firms face challenges in their day-to-day operations. Top 5 Challenges Today’s CPA Firms Face and Ways To Overcome Them These challenges stem from changes in technology, client expectations, and the business environment.

CPA 59
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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.