Sat.Apr 08, 2023 - Fri.Apr 14, 2023

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A sneak peek into what’s next for reports in Xero

Xero

Our team hit the ground running in 2023, introducing a number of exciting features to new reports that we know you’ve been waiting for — including the addition of foreign currency to new reports. Here are some of the highlights and a sneak peek into what’s coming next. Don’t forget, the older versions of our reports will be retired on 31 July 2023. We urge you to start using new reports now , so you have plenty of time to get used to them before the older versions are retired.

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Why Not Use Dynamics GP for Another 10 Years or So?

Fidesic blog

You may have recently heard that Microsoft Dynamics GP and Business Central on-premise will no longer be sold to new customers after 2026. In this post we will discuss the situation with GP and what is possible. We are offering information, not advice. If you need advice on your Dynamics GP future, it's a good idea to check in with your GP consultant.

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5 Advantages of AP Automation with Workday Financial Management

Ascend Software blog

As businesses grow and expand, their financial processes become increasingly complex and time-consuming. To keep up with the demands of day-to-day operations, many organizations turn to Enterprise Resource Planning (ERP) systems like Workday Financial Management to manage their financial data.

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Intuit AI drives taxpayers through TurboTax “Express Lane” experience

Intuit

“Our vision is taxes done for everyone: any way, any time, any tax situation, any device.” Varun Krishna, Executive VP and GM Intuit Consumer Group This year’s tax season is a timely case in point. Intuit is experimenting with a new AI-driven express lane experience for filers of simple tax returns that’s enabling a select group of customers to complete their taxes in as little as 10 minutes with its TurboTax mobile app.

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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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Why we’re making changes to Xero search

Xero

Over the next couple of weeks, we’ll be rolling out some changes to the search function in Xero. The functionality will stay the same, but you’ll notice it looks a little different. Like many of the changes we’ve rolled out across our platform lately, this is part of our commitment to ‘ Building on Beautiful ’ — which is about continuously making changes in Xero so we can stay ahead of the latest technologies, standards and ways of working in your business or practice.

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Capital Budgeting with NetSuite Explained

Accounting Department

Capital budgeting involves analyzing, evaluating, and prioritizing investment decisions for large-scale projects that typically require significant capital from a business. This could include new office or warehouse space, fixed assets, or real estate. Capital budgeting provides businesses with a way to determine the best use of capital to increase the overall value of a business - a strategy that is useful to businesses of all sizes.

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Ascend AP Automation and Stormloop Technologies Partner to Optimize Workday Financial Management for Customers

Ascend Software blog

Ascend AP Automation, a Workday Select Partner for AP Automation and leading provider of accounts payable automation solutions, is pleased to announce a new partnership with Stormloop Technologies, a consulting firm specializing in Workday Financial Management. The partnership aims to help Workday Financial Management customers optimize and streamline their ERP processes through the use of Ascend AP Automation's cutting-edge technology and Stormloop Technologies' expert consultancy services.

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How small businesses can use the power of embedded finance

Xero

It wasn’t that long ago that you needed to take out a credit card and enter the number every time you wanted to pay for something online. Today, you can instantly complete purchases in a few clicks, like Amazon’s ‘buy now’ express button. This is an early example of embedded finance — one of the top fintech trends that is changing the way people use and move money.

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Keep Vendors Happily Paid with Tipalti

Accounting Department

Growth comes for businesses sometimes when least expected and it could easily catch them off guard and unprepared when the company still has manual processes in place.

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ProsperOps at AWS Fest

ProsperOps

AWS Fest is a FREE virtual event on May 3rd for cloud customers managing their workloads on AWS. The summit offers the most innovative and comprehensive real-life problem-solving topics affecting cloud. The event on May 3rd will focus on AWS compute. It’s a fun event for anyone in the AWS community. There will be live prize giveaways and magical entertainment too!

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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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Top 5 technologies that are powering India’s economic growth

Intuit

For decades, technology has propelled the global economy. Nations are using technology in meaningful ways to develop sectors and create future cities. Now India is considered a knowledge powerhouse and has become the centre of global attraction. The exponential growth of technology has powered the nation’s economic growth too. While there’s a lot of innovation going on in India—and the rest of the world—some technologies are anticipated to be game-changers in 2023.

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Work from anywhere with these new updates to our Xero apps

Xero

Gone are the days when you need to sit at the desk to get those pesky admin jobs done. With our suite of mobile apps, you have real-time information about your business or practice at your fingertips, and can tick off those smaller tasks on the go. We’ve recently dialled up enhancements to our mobile apps, making it easier than ever to work from anywhere.

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Customizing the Icon Bar in QuickBooks Desktop

Insightful Accountant

Check out some of the cool customization features you can use with the icon bar, complements of internationally renowned ProAdvisor Esther Friedberg Karp.

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Introducing Advanced Cyclical Optimization: Automatically Increase Compute Savings on Cyclical Cloud Workloads

ProsperOps

A few weeks ago I published an educational blog on how to maximize Reserved Instance and Savings Plan savings when workload patterns are cyclical. Today, I’m excited to announce the ProsperOps platform has added Advanced Cyclical Optimization Support, which fully implements the concepts described in that blog post. Autonomous, Optimized Coverage for Cyclical Workloads Prior to today, ProsperOps had limited support for cyclical workload patterns, and our ability to cover “above the cycle trough”

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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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What is document processing?

Nanonets

Documents are ubiquitous in business and serve as the foundation for data, information, and knowledge. From invoices and contracts to emails and memos, documents are an essential part of the daily document processing workflow.   According to Statistica.com , there has been an exponential increase in the total amount of data (from various documents) being created, captured, copied, and consumed globally.

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A Simple Way to Differentiate Your Firm

Future Firm

Ready to set your accounting firm apart from the rest? In today’s episode, learn how you can stand out from other accounting firms and charge more while providing added value to your clients. Listen below. 0:34 – In this episode, I discussed how labeling and monthly packages devalue accounting services and create competition among firms. 1:15 – Many accounting firms use a 3-tiered approach with Gold, Silver, and Bronze plans, but the issue lies in labeling services as a list of

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Intuit Launching Rest-of-World App Store

Insightful Accountant

Intuit is launching a rest-of-world app store as part of the QuickBooks Ecosystem to help app developers build apps to meet the growing demands of SMBs and accountants globally.

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When Is the Best Time to Hire an Accountant for a Small Business?

CSI Accounting & Payroll

For many small business owners, having a trusted accountant by your side can feel like a great burden has been lifted off your shoulders. The right accountant can help you stay on top of deadlines and provide expert financial advice. However, many business owners wait to hire an accountant until after an issue arises, such as falling behind on taxes, filing for an extension, or becoming swamped with bookkeeping or payroll tasks.

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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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Top Five TikTok Tax Myths (Guest: Heidi Henderson)

Cloud Accounting Podcast

We’re joined by Heidi Henderson, EVP at Engineered Tax Services, for our weekly roundup of news at the intersection of accounting and technology. Topics include: How the IRS plans to spend $80 billion over the next 10 years; the top five TikTok tax myths; security issues with AI chatbots; CLA voices support for MNCPA’s 150-hour alternative; why revenue is up 20% in the top 100 firms, and more!

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Global ACH and IAT

Tipalti

Are international ACH transactions (IATs) the best global payment method? Learn how global ACH works and how it differs from international ACH transfers.

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Are You (and Your Clients) Ready for Disruption?

Insightful Accountant

The bi-annual 'Global Crisis and Resilience Survey' takes a deep dive into why you need to anticipate and respond to disruption proactively—not only to survive, but to thrive.

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How to Reduce Costs with Automatic AP Software

NextProcess

The Accounts Payable (AP) department is often one of the slowest to switch over to automation software or to update older software solutions. Often, there’s a perception that updating the old way of doing things will cost too much money, eat up too much time, or change the way your company does things. Besides, if the old way isn’t broken yet why fix it?

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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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Strategies for Companies Facing an Economic Downturn & Inflation

MineralTree

Modern finance teams face a multitude of challenges. The rising threat of inflation, potential recession, and other economic factors pose significant risks to businesses of all sizes. These challenges can lead to higher expenses, less access to capital, declining cash flow, and make accurate forecasting more difficult for teams, among other issues. In this article, we will explore the risks of inflation and recession, along with ways finance teams can mitigate these risks and recession-proof the

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Top 5 Ways to Boost Revenue Performance in 2023

Billing Platform

Like all companies, starting strong in the new year is in full swing. But with concerns about the economy putting pressure on growth, now is the time to solidify your plans to help influence your revenue performance. As we start off 2023, we’re reviewing a few revenue management tips to consider to help achieve your revenue goals. Making Revenue Management Part of your DNA The growth of subscription-based service offerings and sophisticated usage-based monetization models are offering digital bu

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Why Acknowledging Accomplishments Matter

Insightful Accountant

Employee recognition is an important element in ensuring employee satisfaction, especially in accounting firms, where juggling a lot of tedious financial tasks for clients can be daunting.

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What to Include on Invoices so B2B Clients Pay on Time

Enterprise Recovery

Accuracy and details are crucial when invoicing business clients on retainer or for goods or services provided by your company. In fact, there are some attributes that can be added to invoices to prompt early payment or at least reduce the risk of late payments. Use these invoicing best practices so your B2B clients pay on time.

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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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Capitalized interest definition

Accounting Tools

Related Courses Construction Accounting Fixed Asset Accounting How to Audit Fixed Assets What is Capitalized Interest? Capitalized interest is the cost of the funds used to finance the construction of a long-term asset that an entity constructs for itself. The capitalization of interest is required under the accrual basis of accounting , and results in an increase in the total amount of fixed assets appearing on the balance sheet.

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Optimize Your Order-To-Cash Cycle With These 4 Accounts Receivable Tips

Outsourced Bookeeping

Every business operation requires an essential aspect known as the order-to-cash cycle. It is a process that initiates with an order received from a customer and ends with the successful collection of payment from them. Accounts receivable management and payment collection from customers are crucial steps in this cycle. Optimize Your Order-To-Cash Cycle With These 4 Accounts Receivable Tips To increase business efficiency and enhance cash flow , it is crucial to streamline the accounts receivabl

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CPAs, Financial Advisors and Lawyers, Oh My

Insightful Accountant

The seventh annual "401(k) Plan Benchmark Report" shows the leading industries for 401(k) plans, with accounting professionals at the top of the list.

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Late Opt Out Requests from Kiwisaver

Ontrack Bookkeeping

Your employees who choose to opt into KiwiSaver cannot opt out. Only new employees you are automatically enrolled in KiwiSaver can opt out. Requests to be opted out after 8 weeks (57 days) are LATE OPT OUT REQUESTS. How your employee requests a late opt-out Employees will need to send their KiwiSaver late opt-out request to Inland Revenue. Approving a late opt-out request Inland Revenue must approve the late opt-out requests.

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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.