Sat.Dec 03, 2022 - Fri.Dec 09, 2022

article thumbnail

Tax pros blast IRS's 'nearly nonexistent' priority phone service

Accounting Today

Tax 321
article thumbnail

Why you should embrace eInvoicing, according to the experts

Xero

eInvoicing is a new way to send and receive invoices electronically directly between accounting systems. How? It’s all done via a secure platform called the Peppol network. Not only does eInvoicing help facilitate faster payment times, but it’s also more efficient, accurate and – importantly – safer. In fact, everyone from enterprises (like Bunnings ) to software providers and government agencies are jumping on board.

XERO 246
professionals

Sign Up for our Newsletter

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

article thumbnail

Client Accounting Services: The Complete Guide

Accounting Department

When business owners are first starting out, they usually do not have the time or resources to keep track of their finances. This is where client accounting services come in. Client accounting services can help companies manage their finances, keep track of their spending, and plan for the future.

article thumbnail

Why Digital Technology is Crucial to an Accounting Firm’s Success

Plooto

For accounting firms , the changing business landscape, clients' evolving needs, and constant introduction of new technology coming to market can seem overwhelming. Help has arrived! We've created the following guide explaining the leading technologies, their impact on the accounting industry, and the accountant’s daily tasks.

article thumbnail

Forecasting Failures Are Costly: Here's How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

article thumbnail

A call for delaying the new 1099-K threshold

Accounting Today

Tax 312
article thumbnail

Get your NZ payroll fit for the festive season

Xero

As we near the end of the year and begin to wind down for the summer break, it’s a good time to make sure you’ve got your payroll sorted. We get asked lots of payroll questions around this time of year so here are the answers to the most common ones. How do I pay my employees all their holiday pay? It’s not possible to pay out holiday pay as such. The holiday pay figure in Xero shows 8% of an employee’s total gross earnings for their current anniversary year.

Payroll 246

More Trending

article thumbnail

5 Things Dimensions Can Do That Regular Tagging Can’t

CloudZero

“Perfect tagging” is a little bit like perfectly tuning a piano. It takes an enormous amount of manual effort to get right, it’s never truly perfect, and the slightest change in the surrounding environment can throw it out of harmony. The closer an organization wants to get to perfect tagging, the more engineering resources they have to invest in it — frequently at the expense of more impactful, innovation- and product-oriented projects.

98
article thumbnail

IRS offers guidance on wage and apprenticeship rules for green tax credits

Accounting Today

Tax 290
article thumbnail

Thanks for joining us at the New Zealand Roadshow 2022

Xero

As the New Zealand Roadshow 2022 – Tiny Edition comes to a close, we reflect on an incredible six months on the road. . We visited 28 locations across Aotearoa, travelled over 7000 kms, hosted 112 events, and served over 800 coffees from our tiny home. . It’s been a whirlwind few months, and we’re feeling grateful for the opportunity to get together with so many of our partners and customers. .

XERO 243
article thumbnail

4 Signs Your B2B Collections Policy Isn't Working

Enterprise Recovery: Accounts Receivable

The objective of an effective collections policy is to ensure that clients pay on time. The policy will also determine what happens when the client doesn't pay within the timeframe of their payment terms. When your business is struggling with cash flow or falling behind on collecting what's owed, it could be a sign that the policy needs updating. Here are signs that your B2B collections policy isn't working.

article thumbnail

Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

article thumbnail

Reduce the Complexity and Costs of Your Prior Authorization Process

SSI Healthcare Rev Cycle Solutions

Reduce the complexity and costs of your prior authorization process [Webinar]. ​The path to quicker, more accurate prior authorizations + ask the experts! Live webinar: Thursday, December 15, 2022 2:00 pm CT. Prior authorization is not only one of the most time-consuming aspects of all revenue cycle transactions, but it is also one of the leading causes of claim denials, according to a recent report by the American Hospital Association (AHA).

article thumbnail

Talent attraction and succession planning seen as top risks in 2023

Accounting Today

Auditing 279
article thumbnail

International Volunteer Day: Every effort can make a difference to our environment

Xero

Today, Monday 5 December, is International Volunteer Day – a great opportunity to reflect on how we are making a difference in our communities. The global theme for this year’s International Volunteer Day is Solidarity through volunteering. For the future of our planet, we must act together and we must act now. This is not an era to stand alone but together, in solidarity with each other.

XERO 242
article thumbnail

How to Control Your Cash Position and Reduce Customer Churn with SaaS Metrics

Sage Intacct

For SaaS CFOs , guiding the direction of their company is a lot like someone steering a massive ship. The ship itself is so much larger than the person controlling it that it seems almost shocking that they can exert so much influence over the vessel's direction and trajectory.

75
article thumbnail

Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

article thumbnail

Why Property Management Firms are Paying More Suppliers Electronically

IPS

Paying suppliers used to mean printing and mailing checks. But that has changed for property management firms with the shift to remote and hybrid work.

article thumbnail

International tax authorities target sales tax scammers

Accounting Today

Tax 278
article thumbnail

Thrive’s founder on how sustainability can help businesses achieve impact and profit

Xero

Small business owners and entrepreneurs can feel like they face immense pressure to not only drive profits, but take positive action for our planet as a whole. . While these aren’t mutually exclusive, owners with a huge amount on their plates face a real challenge in understanding how they can achieve both. . B-Corp certified accounting practice Thrive is on a mission to help tech start-up clients achieve this balance, ensuring they’re successful across people, planet and profit.

XERO 237
article thumbnail

CFOs Recognize Hybrid Work as ‘More Affordable’ Business Model, Survey Shows

AvidXchange

The pandemic permanently shifted how and where we work. This has become clear as companies sell corporate office parks, reconfigure existing office space and opt not to renew office leases. Some are calling this trend The Great Repurposing. While this shift initially appeared to be in response to employee demand, chief financial officers (CFOs) are now recognizing hybrid and remote work as a strategy to help cut overhead costs.

AP 52
article thumbnail

How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

article thumbnail

M5 Instance Types 101: The Definitive Guide For 2022

CloudZero

Amazon’s Elastic Compute Cloud (EC2) service provides a variety of virtual machines (instances) for compute workloads. Among those, Amazon EC2 M5 instances are among the most versatile.

article thumbnail

CPAs, remote productivity and the move to contract workers

Accounting Today

277
277
article thumbnail

Clarative Accounting is building for the future with construction clients

Xero

The events of 2020 and the years since have forced us all to change in some way or another. Many changed how we work, our long-term goals, and most importantly, how we prioritise what’s important to us. . This was certainly the case for Carly Shaw from Clarative Accounting. During the pandemic, Carly made the difficult decision to move away from her nearly-18 years as an employee in practice to set up her own firm.

XERO 217
article thumbnail

Who Handles My Books With an Outsourced Bookkeeping Service?

OSYB

From CPAs to medical professionals —nearly every industry can benefit from outsourced bookkeeping. Here’s the thing: For businesses that have solely operated using an in-house bookkeeper, switching to an outsourced bookkeeping service may raise certain questions. For example, who actually handles your books with an outsourced bookkeeping service? Below, we’ll highlight who handles your books with an outsourced bookkeeping service and explain how OSYB operates.

article thumbnail

The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

article thumbnail

Hiring Challenges for Accounts Payable

MineralTree

Our recent 2022 State of AP report confirmed what finance leaders have known for quite some time: labor-intensive processing tasks are overwhelming AP departments without enough employees to help. Despite the pain, their workload continues to grow, with more companies processing greater payment volumes now than last year. It used to be that teams would solve this problem by adding more headcount, but in today’s economic and business climate that’s no longer a viable solution.

article thumbnail

Audit firms turning more to outside specialists for help

Accounting Today

Auditing 264
article thumbnail

How Automation Accounting Can Streamline SaaS Billing Processes

Sage Intacct

One of the things that recurring revenue companies use to differentiate is the seemingly endless variety of their SaaS billing models to create a friction-free client experience. Different companies often have different approaches to billing their customers for the same product or service to win their market. And in today's world, hybrid billing , or combining two or more billing types, is growing in popularity.

Billing 10
article thumbnail

Accounting, Profit First, and faking it ‘til you make it

Reconciled Solutions

Angie and Mary discuss best practices, worst practices (here’s to you, Elon Musk), and the Profit First business accounting model. The post Accounting, Profit First, and faking it ‘til you make it appeared first on Reconciled Solutions.

article thumbnail

Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

article thumbnail

Kubernetes Observability 101: Tools, Best Practices, & More

CloudZero

Many companies are rapidly adopting cloud-native computing services, like containers, microservices, and serverless computing. Unlike monolithic applications, these technologies rely on distributed architectures.

article thumbnail

Top cybersecurity considerations for accounting firms

Accounting Today

article thumbnail

How Automated Workflows Can Speed Up Expense Approvals

Spenmo

Approvals are a huge bottleneck to processing employee expense reimbursements. Without a foolproof corporate expense policy , it can take days or weeks before an employee is reimbursed. As a result, employees often feel reluctant to spend out of their pockets to drive projects to completion. Fortunately, there are ways to reduce delays in processing time or remove them altogether.

XERO 52
article thumbnail

The Benefits of Using Payment Disbursement and Accounts Payable Automation Software

NextProcess

Every company has expenses. You’re paying employees, paying for products and services, replacing office equipment, and many other routine expenses. Managing regular payments for salaries, utilities, product invoices, and other expenses becomes more challenging as your company grows. A disbursement management solution and accounts payable automation software enable more control over cash flow.

article thumbnail

Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.