Sat.Mar 30, 2024 - Fri.Apr 05, 2024

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Simplifying the Monthly Close Process with These Simple Strategies

Accounting Department

The month-end is coming up and that means it is time to close. A monthly close can be a laborious process that is dreaded by some accounting and finance departments, but it doesn't have to be that hard!

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Intuit Survey: U.S. High School Students Want Financial Education at School

Intuit

Financial education has the potential to improve the lives of millions of high school students by giving them the skills they need to make informed decisions. Yet according to Intuit’s Financial Education survey, most high school students today rely on their parents for any financial knowledge. The survey shows that there is a massive opportunity to fill this gap and empower the next generation by teaching financial education in our schools.

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professionals

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Uncertainty surrounds CTA — for accountants and small biz

Accounting Today

Ongoing court cases and questions about whether accountants can actually work on BOI reporting make the Corporate Transparency Act a source of serious confusion.

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Five ways to work smarter in Xero this FY25

Xero

With the new financial year officially upon us, now is your chance at a fresh start. This means it’s time to revisit goals, set intentions, and level up in order to make the most of the next 12 months. A good place to start? By optimising your systems and processes to create more seamless workflows and win back time. To help you set off on the right foot, we’ve rounded up a list of ways to work smarter in Xero.

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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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Unveiling the Power of Technology & Tips for Staying Ahead | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

We are thrilled to announce that Episode 16 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

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The Transformative Impact of Automating Payments on Accounts Payable, Finance, and Treasury Teams

Ascend Software blog

In today's digital era, businesses are constantly seeking ways to boost their operational efficiency and streamline complex processes. One pivotal area that stands out for potential optimization is the Accounts Payable (AP) department. Traditionally bogged down by manual, paper-based tasks, the AP process can be a significant drain on resources and time.

More Trending

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Empowering women’s football through Coach Education Scholarships

Xero

To further support women’s football worldwide, FIFA has provided 14 Coach Education Scholarships for aspiring female coaches in Aotearoa New Zealand. The scholarships were backed by Xero as part of its global women’s football partnership with FIFA, and ongoing commitment to support the growth of the game and uplift the wahine involved. The 14 female coaches took the first steps on their coaching pathways this month when they joined a female-only OFC C Licence course in Auckland.

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Ease the Stress of Gov-Con Accounting with AccountingDepartment.com

Accounting Department

Outsourced accounting services play a crucial role in providing valuable assistance to business owners, CEOs, and entrepreneurs. With our extensive experience at AccountingDepartment.com, we have successfully tackled a myriad of challenges that businesses encounter in their accounting processes.

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What is MagiCapture? Accounts Payable Tools

Fidesic blog

In this blog post we will tell you what MagiCapture is, who it's for and how it can help you improve your accounting department.

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Only half of filers trust AI with taxes

Accounting Today

Companies using artificial intelligence have a long way to go before people will fully trust them to help with their taxes, according to a recent poll.

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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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Make the most out of your Xerocon London trip

Xero

It’s with great excitement and anticipation that we announce the winner of Xero Australia’s Xerocon London partner competition. One lucky partner and a guest of their choosing will be treated to flights and accommodation to London and tickets to attend this year’s Xerocon London on 12 – 13 June. So, the moment of truth. The winner is… A. Kirk (postcode 2340)!

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Intuit UK Gender Pay Gap Report

Intuit

Intuit_UK_Gender_Pay_Gap_Report Download The post Intuit UK Gender Pay Gap Report appeared first on Intuit Blog.

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Top Remote Accountants for Hire | April 4, 2024

accountingfly

Top Remote Accounting Candidates This Week Looking for remote accountants? Accountingfly can help! With our ‘ Always-On Recruiting ‘ program, you can access highly skilled and experienced remote accountants with no upfront cost. These are just a few of our top candidates this week. Sign up now to receive our full list of top accounting candidates available weekly!

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NetSuite aspires to make AI ubiquitous

Accounting Today

Brian Chess, AI development lead with NetSuite, explained the company's AI Everywhere philosophy during the SuiteConnect conference.

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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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The AI Revolution: Navigating the Future of Tax Practices

Insightful Accountant

AI is transforming the tax industry, yet professionals are wary of embracing it fully due to data security, ethics, and client relationships. Practice owners must navigate this shift for success.

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Why Drake Software on Cloud Makes Sense?

Ace Cloud Hosting

Drake is a simple-to-use tax management software that allows professionals to file taxes accurately and quickly. It offers features such as automated data flow, multi-state returns, etc., allowing you to.

Tax 105
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Accountingfly Hiring Update: April 2024

accountingfly

Sharing our perspective on the latest trends impacting talent acquisition in the accounting industry. Market Trends: RTO Causing Tax Pros to Head for the Door; 2024 Busy Season Freelancer Trends Tax Pros Fleeing RTO Firms Tax hiring season usually ends on December 31. So, we were surprised to see qualified tax candidates applying to Accountingfly in January and February 2024.

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On the move: RubinBrown names Kansas City MP

Accounting Today

CohnReznick appoints first president of global operations; Maxwell Locke & Ritter rebrands, and more news from across the profession.

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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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Worth The Read - The Good, the Bad and the Ugly of It

Insightful Accountant

Who says 'progress' is always good? Sometimes it's a mess. Here's one case of QB Enterprise to QBO Advanced migration that was more of the later than the former. Maybe you can help???

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Top 10 Add-ons For ProSeries Tax Software

Ace Cloud Hosting

ProSeries Tax Software is among the most widely used tax software for individuals and accounting professionals. Per the 2023 tax software survey by the Journal of Accountancy and The Tax.

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Nanonets vs Tipalti: Which AP automation is best?

Nanonets

If you've ever spent hours chasing down missing invoices, manually entering data , or chasing colleagues for approvals, you know the pain of inefficient accounts payable (AP) processes. They can be a headache for your team and a bottleneck for your business. Luckily, AP automation solutions like Nanonets and Tipalti can help. These powerful tools streamline your workflows, reduce errors, and give you back valuable time and resources.

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The link between migration and income tax

Accounting Today

A new study analyzing 110 years of state-level tax policies shows a migration of wealthy Americans to low-tax jurisdictions.

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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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Reinventing the Sales Approach: How Apps Can Attract Clients Without Harassment

Insightful Accountant

Accountants want innovation without the flashy features. Let's focus on aligning with their needs and creating a seamless solution. Ditch aggressive sales tactics for a more desirable approach and shake things up in the industry.

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Working 2 Hours / Week, Running a $1.6M Firm, and Rapping with Scotty Scarano

Jetpack Workflow

Podcast Summary On this episode of Growing Your Firm, David Cristello interviews Scotty Scarano, the self-titled wrapping custodian at Accounting High. Scotty, who is also the founder of a $2 million accounting firm and serves on various tech company boards, shares insights on OKRs and his rap career. Tune in to learn more about Scotty’s journey and his unique approach to the accounting industry.

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Guide to Virtual Bookkeeping and Automation

Nanonets

Gone are the days of tedious manual data entry and stacks of paper ledgers. Businesses are now embracing the virtual to streamline their financial management processes. Enter virtual bookkeeping – a paradigm-shifting approach that harnesses the power of digital tools and automation to revolutionize traditional bookkeeping practices. Picture this: a team of expert bookkeepers diligently managing your financial records and transactions without setting foot in your office.

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Art of Accounting: An April Fool's Day story that's true

Accounting Today

This outrageous story about an accountant's client and his wife might not seem like it's real, but it is.

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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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Docyt To Unveil New Voice-Based Transaction Categorization

Insightful Accountant

Docyt will unveil new voice-based transaction categorization for its AI-powered Accounting Automation Platform at AAHOACON24. Docyt will also compete as a finalist in the event's Tech Pitch Competition.

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Azure Cost Management – Your Guide to Improve Cost Efficiency

Economize

Introduction to Azure Cost Monitoring Regular and proactive monitoring is essential for maintaining the efficiency and cost-effectiveness of your cloud environment. By continuously monitoring your resources, you can ensure that they operate as desired and remain within your budget. In Microsoft Azure, Cost monitoring is managed by Azure Cost Management tools.

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Top 10 Bookkeeping Mistakes Small Businesses Make and How to Avoid Them

Less Accounting

Bookkeeping is the backbone of any successful business, regardless of its size. Yet, many small businesses struggle with managing their finances effectively, often making critical mistakes that can impact their bottom line. In this blog post, we share the top 10 bookkeeping mistakes small businesses commonly make and provide actionable tips on how to avoid them: Neglecting to Separate Personal and Business Finances: One of the most common mistakes small business owners make is failing to separ

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AI and the firm of the future

Accounting Today

Wipfli's Kelly Fisher offers a practical look at artificial intelligence and how accounting firms should be thinking about it.

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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.