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

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

Accounting Today

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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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The Power Of Combining Kubernetes And Non-Kubernetes Cloud Spend

CloudZero

Whether you’re new to Kubernetes or a bona fide wizard, it may seem like getting any meaningful cost data out of it is a miracle. This is because many organizations that migrate to Kubernetes unwittingly step into the Black Box of Kubernetes Spend. In pre-Kubernetes life, teams could allocate costs by tagging resources. Post-Kubernetes, applications are decoupled from the infrastructure they run on — and the link between business metrics (products, features, customers) and cloud cost shatters.

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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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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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IRS sending millions of letters on claiming tax benefits

Accounting Today

Tax 297

More Trending

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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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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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NJCPA CEO Ralph Thomas to retire in June

Accounting Today

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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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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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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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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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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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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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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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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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S3 Intelligent-Tiering: Can you save money quickly without the operational overhead?

The FinOps Alliance

When is it beneficial to use S3 Intelligent-Tiering? This is a question we often get from our clients and as a consultant, it’s my job to answer this question with: “Probably it is beneficial but it depends”. In this blog post series, we will first cover how S3 Intelligent-Tiering works, and the different variables influencing the decision followed by a second blog post where we will dive deeper into concrete examples.

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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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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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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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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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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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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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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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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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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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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.