Sat.Oct 08, 2022 - Fri.Oct 14, 2022

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Accountants, remove these 5 things from your to-do list

Accounting Today

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The Making Tax Digital for VAT portal is closing. Here’s what it means for small businesses

Xero

Close the door, pull down the shutters. The time has come. HMRC is closing the old VAT online portal on November 1. You may have recently received an email from HMRC explaining that VAT-registered businesses will no longer be able to use this gateway to file monthly or quarterly VAT returns. Instead, you’ll need to submit them through Making Tax Digital (MTD)-compatible software. .

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professionals

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Fargate Vs. Lambda: The Last Comparison You’ll Ever Need

CloudZero

Things are changing. Technology differences between serverless and container-based systems are rapidly blurring.

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Sage Intacct SaaS Customer Success Award Winner, Springbuk, Scales 4x, Speeds Close 73%, and Gains Insights for Data-Driven Decisions

Sage Intacct

Yesterday, at Sage Transform, Sage's annual customer conference for Sage Intacct, we announced our SaaS Industry Customer Success Award winner, Springbuk. Earlier in the week, James Norris, CFO of Springbuk, joined our Industry Keynote and shared his team’s tremendous story of business, team, customer, investor, and personal success.

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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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.

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IRS sending millions of letters on claiming tax benefits

Accounting Today

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Direct filing of the Singapore GST F5 return is coming to Xero

Xero

At Xero, we are committed to helping Singapore small businesses simplify their accounting processes. And this is why we are thrilled to announce that you can now submit your GST F5 returns quickly and directly from Xero to IRAS in one click, making the filing process simpler. This means you and your advisors can pull the financial data already sitting within Xero into your GST F5 return report.

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More Trending

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Choosing the Best Commercial Collection Services

Enterprise Recovery: Accounts Receivable

When making the decision to use commercial debt collection services, businesses should be choosy. Not only are you selecting a company that should be efficient in recovering what's owed to you, but your brand reputation is also at risk. The collections specialists will be speaking to your clients on your behalf. It's imperative that they're able to be a fair but authoritative representation of your company.

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NJCPA CEO Ralph Thomas to retire in June

Accounting Today

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Xero is named one of the UK’s ‘Best Workplaces’ for women and in the tech industry

Xero

Building an inclusive, supportive workplace where everyone can do the best work of their lives sits at the centre of everything we do at Xero. Actually it’s the thing that attracted me to Xero, and was the driving factor in most of our employees applying to join the team. That’s why we are proud to be ranked so highly in two specific Best Workplaces lists – both in areas that are very close to our hearts. .

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EKS Cost Optimization: 7 Best Practices To Apply Immediately

CloudZero

Amazon Elastic Kubernetes Service (EKS) eases deploying and running Kubernetes on the AWS platform. A fully managed Kubernetes service, EKS eliminates the need to install, configure, or maintain Kubernetes nodes or control planes on your own.

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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

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AP Automation’s Role in Helping Financial Institutions Navigate a Possible Recession  

AvidXchange

Operating amidst economic uncertainty is no easy feat. Most middle market companies are reevaluating their business costs and priorities as they shift their focus to sustain growth, create efficiency and retain talent to help prepare for a potential recessionary environment. Although the possibility of a recession poses challenges to many industries, it uniquely affects the financial services industry.

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Social Security benefits to rise 8.7% in 2023 for inflation

Accounting Today

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Mind Your Expenses: 20 Costs of Running a Business

FreshBooks

Starting a business from scratch can be a dream come true. But that dream can quickly become a nightmare if you only view your business through rose-colored glasses and ignore the startup costs associated with running one. You may not even realize you need to budget for these business startup costs until you’re well into […] The post Mind Your Expenses: 20 Costs of Running a Business appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners.

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What Can Be Depreciated in Business? Depreciation Decoded

Less Accounting

Depreciation is one thing that many business owners often overlook, but you shouldn’t because there are many benefits to it. Now, if you’re wondering what can be depreciated in business , the answer is – almost everything. That’s why you should pay close attention to the following lines to become the master of depreciation. What Is Depreciation?

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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.

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A Look at How a Potential Recession Could Impact Senior Living Communities

AvidXchange

As a result of economic uncertainty, organizations across all industries are reevaluating their costs and priorities while leaders are shifting their focus to retain and attract talent amidst growing shortages. Senior living communities are no exception, especially because it’s a needs-based industry experiencing high demand. People age regardless of economic factors, and higher occupancy rates result in more work for the back office.

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IRS drafts changes to corporate reporting of uncertain tax positions

Accounting Today

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Factoring Companies in Canada: 8 Options for Business Funding

FundThrough

When it comes to securing fast and flexible funding for your business, invoice factoring is a great option as it unlocks capital that’s tied up in slow receivables for work you’ve already completed. Factoring can be a reliable source of funding and way to ensure predictable cash flow for your business. There are a number […]. The post Factoring Companies in Canada: 8 Options for Business Funding appeared first on FundThrough.

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What Is Double-Entry Bookkeeping? A Simple Guide for Small Businesses

Less Accounting

As a small business owner, there are many things you need to be aware of, and one of them is double-entry bookkeeping. If you’re just getting familiar with bookkeeping and everything, this might sound confusing but don’t worry, that’s why we’re here, to explain everything you need to know about double-entry accounting and why it is so important.

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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?

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Explaining ePayment Fees: Do Electronic Payments Really Cost More Than Paper Checks?

AvidXchange

As finance teams begin to integrate new technology into their workflows, many accounts payable (AP) and accounts receivable (AR) professionals are noticing the benefits that come with electronic payments (ePayments). By providing multiple payment methods for vendors beyond paper checks, businesses are helping to ensure payments are executed quickly, accurately and securely.

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Crypto at fair value: Inside FASB's decision

Accounting Today

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Why Is Tax Software Stuck In the Stone Age?

Earmark Accounting Podcast

Sign up to get free CPE for listening to this podcast [link] Download the Earmark CPE App Apple: [link] Android: [link] Connect with Peter Wen LinkedIn: [link] Learn more about Tallyfor [link] Connect with Blake Oliver, CPA LinkedIn: [link] Twitter: [link] Peter Wen, CPA gives an overview of the tax software market for accounting firms. Learn about the offerings from the Big Four vendors in tax (Drake, Intuit, Thomson Reuters, and Wolters Kluwer), who these products are for, and how to plug th

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Understanding Cash Flow

Brigade

Cash flow can be one of the best markers to determine the health of your business, and managing cash flow is essential for any small business owner. By knowing how much is coming into and going out of your business, you can avoid unexpected surprises, budgeting issues and uncomfortable conversations with vendors, clients or partners. Over 60% of small business owners have experienced an issue with cash flow in the lifetime of their business, with 44% admitting that their issue was a surprise.

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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.

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California Construction Company Goes Paperless with AP Automation

AvidXchange

Westport Construction shares how TimberScan Titanium enhances Acumatica and saves time with digital accounts payable (AP) Vince Wile joined Westport Construction about 10 years ago, evolving from an administrative role on the finance team to a lead decision maker, second to the CFO. He oversees the firm’s AP work with TimberScan Titanium and Acumatica, handling routing and permission setups, onboarding of new users and day-to-day administration of the financial software solutions.

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FASB decides to measure digital assets at fair value

Accounting Today

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DIY Your S Corp Return With TurboTax

Cloud Accounting Podcast

Sponsors Jirav - [link] Canopy - [link] Zoho - [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 7:04 – RightTool for QuickBooks Online [link] 7:46 – Intuit Inc. - Intuit Investor Day 2022 [link] 43:42 – Big Bet 2: Connect people to experts – YouTube [link] 56:31 – Kabbage Files for Chapter 11 Bankruptcy [link] 57:52 – More than a gig: Uber's new card targets professional drivers [link] Sign up for

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Case Study: Geneviève Pesant

Dext

An experienced bookkeeper, Geneviève has been supporting small businesses and independent professionals for years – but she also wanted to grow her own business. With Dext Commerce she now has the extra time she needs to dedicate towards new clients. Meet Geneviève Pesant Before her love for accounting, Geneviève Pesant was a biochemist.

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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.

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Nonprofit Clinic Adopts AP Automation to Save Time and Combat Turnover

AvidXchange

Michelle To with Saban Community Clinic shares how AvidXchange helped them navigate high turnover rates by automating workflows With five locations throughout Los Angeles, Saban Community Clinic is a nonprofit health clinic that provides a full range of affordable healthcare services, regardless of the patient’s income status. Their goal is to provide patients with the medical assurances needed to remain active members of the growing community.

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OECD debuts global tax transparency framework for crypto

Accounting Today

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Scaling New Heights #3: Protecting Your Clients' Data

Cloud Accounting Podcast

Meet Our Guests: Jamie Beresford LinkedIn: [link] Twitter: [link] Website: [link] Andrew Lassise LinkedIn: [link] Website: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Get in Touch Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary.

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Ep. 203: Mark A Herschberg – The Great Resignation and How to Fix It

IMA's Count Me

Links mentioned in today's Podcast: [link] [link] [link] Connect with Mark: [link] [link] [link] [link] Full Episode Transcript: Adam: Welcome back to Count Me In, the podcast focused on the issues, challenges, and characters shaping the management accounting profession. I'm Adam Larson. Today I'm joined by Mark Herschberg, serial entrepreneur, business innovator, and the author of the Career Toolkit: Essential Skills for Success that No One Taught You.

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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.