Accounting Tools

MAY 9, 2024

What Does it Mean to Report Expenses by Function? When expenses are reported by function, they are being reported by the type of activity being conducted. Examples of income statement line items that are presented by function are administrative expenses , financing expenses, manufacturing expenses, marketing expenses, and selling expenses. Or, a nonprofit entity that reports expenses by function could do so by aggregating its expenses into the following general functions: Programs, fund raising,

Financial Statements 97

Financial Statements Expense Reports Accounting Accounting 97

Accounting Today

MAY 7, 2024

They say artificial intelligence will change the world, and in many ways, it already has. But AI's rapid advancements have been a source of stress for professionals like accountants. Will you be automated out of a job?

Accounting 331

Accounting Accounting 331

Intuit

MAY 8, 2024

This content is password protected. To view it please enter your password below: Password: The post Protected: Empowering today’s generation: equipping students nationwide with financial literacy appeared first on Intuit Blog.

317

317

Accounting Department

MAY 10, 2024

Our AccountingDepartment.com family is proud of its vibrant and diverse “cast of characters”—we span the country with our team members coming from all backgrounds and personalities. Included among our team are some amazing Military Spouses whose hard work, dedication, and contributions are part of what makes our family so strong—and theirs as well.

232

232

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

Fidesic blog

MAY 7, 2024

Fidesic and EWS Group have partnered to better support moving companies using MoversSuite with integrations to Microsoft Dynamics GP or Business Central.

Accounts Payable 246

Accounts Payable Accounts Payable Accounting Accounting 246

Accounting Today

MAY 10, 2024

A recent survey has found that 40% of tax professionals believe generative AI will allow them to demand higher rates, in comparison to 6% who said rates will decrease.

Tax 325

Tax 325

Accounting Department

MAY 8, 2024

An enterprise resource planning (ERP) system acts as the central nervous system for a business, integrating core processes needed to run a company into a single system. However, the path to ERP success is fraught with challenges.

Accounting 222

Accounting Accounting 222

FundThrough

MAY 8, 2024

Introduction Crafting the Future of Content through Strategic Financial Agility Digital 55, an avant-garde digital studio, blends creative storytelling with cutting-edge technology to produce dynamic media and digital learning experiences. Under the leadership of founder and Chief Creative Officer, Lauralee Sheehan—an indie musician turned digital innovator—the company has carved a niche in creating impactful digital […] The post Digital 55 – Pioneering Creative Content with A Strategic Fi

111

111

Accounting Today

MAY 7, 2024

The Public Company Accounting Oversight Board sanctioned three auditors from Florida accounting firm Liggett & Webb for violations involving audit evidence, professional skepticism, and other matters.

Auditing 317

Auditing Accounting Accounting 317

Intuit

MAY 10, 2024

Over the last 30 years, the tax code has more than tripled in size. That’s three times the amount of complexity and headaches for many families. For our Intuit TurboTax customers, we’ve helped make the complicated easy for decades, continuously improving and evolving our product to help taxpayers navigate the pages, and pages , and pages of complicated code.

Tax 130

Tax Collections Billing 130

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.

Accounting

Accounting Department

MAY 9, 2024

The government contracting sector is highly regulated and requires strict compliance with Defense Contract Audit Agency (DCAA) regulations. With ever-evolving regulations and a complex accounting system to manage, the government contract (GovCon) industry has a steep learning curve for small and medium-sized contractors. However, technology has revolutionized business processes by simplifying accounting and ensuring DCAA compliance.

Accounting 211

Accounting Accounting Accounting Software Auditing 211

Insightful Accountant

MAY 5, 2024

While Intuit has sunset the Trainer/Writer network and gone back to the drawing board on how to provide training and education for the QuickBooks Community, Insightful Accountant wants to thank all Trainer/Writer Network members.

QuickBooks 111

QuickBooks Accounting Accounting 111

Accounting Today

MAY 9, 2024

The House passed a bill that would repeal the SEC's SAB 121, which requires custodians to list digital currency as a liability on their balance sheets. However the president said he'd veto the bill.

Billing 311

Billing 311

Intuit

MAY 6, 2024

Greg Johnson, has returned to Intuit as EVP, Intuit Chief Commercial Officer and Global Small Business Self Employed Group Chief Revenue Officer. In his Chief Commercial Officer role, Greg will partner across Intuit brands to accelerate Intuit’s commercial growth strategy. This will include customer-back segmentation, product lineup, pricing, and go-to-market activities, as well as brand, marketing and communications for the company.

QuickBooks 130

QuickBooks 130

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.

Accounting

Accounting Tools

MAY 7, 2024

The income statement reports on the revenues , expenses , and profits of an organization. There are several types of income statement formats available, which can be used to present this information in different ways. The key variations on the income statement are noted below. Classified Income Statement The classified income statement uses subtotals for the gross margin, operating expenses, and non-operating expenses.

Accruals 98

Accruals Financial Statements Accounting Accounting 98

Insightful Accountant

MAY 9, 2024

While we received some 'generic' App interest to our last posting, Insightful Accountant is currently looking for a few good ProAdvisors who can provide analysis specifically of eCommerce apps.

Accounting 105

Accounting Accounting 105

Accounting Today

MAY 9, 2024

CliftonLarsonAllen, a Top 10 Firm, has acquired Engine B, a London-based company that helps accounting firms get more insights from their clients' data, effective May 1.

Accounting 317

Accounting Accounting 317

Dext

MAY 8, 2024

What can double-entry bookkeeping teach you about your business? As a business owner, you might not have given double-entry bookkeeping much thought. While you don’t need to worry too much about the mechanics of it, the figures that the process generates can unlock a huge amount of invaluable business intelligence.

Bookkeeping 98

Bookkeeping 98

Advertisement

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.

Financial Statements

Counto

MAY 9, 2024

Essential Steps When Changing Your Company’s Registered Address in Singapore When you change your company’s registered address in Singapore, it’s crucial to ensure all related legal and operational updates are handled meticulously to comply with local regulations and maintain smooth communications. 1. Update Your Company Secretary Records As a general rule, it is crucial to notify your company secretary of any changes to your company’s information and/or address.

Tax 97

Tax Accounting Accounting 97

Insightful Accountant

MAY 7, 2024

During the upcoming Insightful Accountant Future Forward Event Murph will be presenting two sessions on Migrating from QuickBooks Desktop. One focuses on apps suitable for QBD Pro users, and the other QBD Premier users.

QuickBooks 105

QuickBooks Accounting Accounting 105

Accounting Today

MAY 9, 2024

Sikich LLC, a Top 50 Firm based in Chicago, has snagged a $250 million minority investment from private equity firm Bain Capital to fund further acquisitions and growth, becoming the latest in a series of firms to score PE money.

306

306

Dext

MAY 7, 2024

In recent years, technology in bookkeeping has developed at a rapid pace. Driven by the continued rollout of the governments’s initiatives (such as Making Tax Digital in the UK, or GST in Australia), these tools have evolved to automate an ever-increasing range of bookkeeping tasks that were once tedious and time-consuming.

Bookkeeping 98

Bookkeeping Tax 98

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

Counto

MAY 4, 2024

How to Apply for Halal Certification: A Comprehensive Guide for SMEs Navigating the Halal certification process can seem daunting, but it’s a powerful strategy for businesses aiming to expand their reach and cater to Muslim consumers. At Counto, we’re dedicated to simplifying this process for SMEs, small business owners, and entrepreneurs.

Corporation Tax 97

Corporation Tax Auditing Bookkeeping Computation 97

Insightful Accountant

MAY 7, 2024

Insightful Accountant is proud to announce our Top 50 International ProAdvisors for 2024. Congratulations to this year's International award recipients.

Accounting 111

Accounting Accounting 111

Accounting Today

MAY 9, 2024

An interpreter for the Los Angeles Dodgers star has agreed to plead guilty to criminal charges including filing a false tax return after secretly transferring about $17 million from the player's account to pay off gambling debt.

Tax 305

Tax Accounting Accounting 305

FundThrough

MAY 8, 2024

In this current economic environment, healthy cash flow is critical. According to a JP Morgan & Chase report, only half of all small businesses hold a cash buffer of less than one month. For companies facing the challenge of maintaining a robust cash flow, deciding on the right lending partner and/or financial solution is key. […] The post How to Choose Between Accounts Receivable Factoring and Financing: Key Considerations appeared first on FundThrough.

Accounts Receivable 90

Accounts Receivable Account Receivables Accounts Receivable Accounting 90

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.

Enterprise Recovery

MAY 6, 2024

The tech industry is known for its rapid growth and innovation but faces unique challenges regarding debt collection and non-paying clients. Understanding the intricacies of debt collection in this sector is essential for companies to recover payments and maintain financial stability. Learn more about the complexities of debt collection within the tech industry and the strategies for successful payment recovery.

Collections 80

Collections 80

Insightful Accountant

MAY 8, 2024

In preparation for next week's QB Talks about Finding and Cleaning Up Bad Data, I thought I'd talk about one of my favorite issues. Failure to Balance the Balance Sheet.

98

98

Accounting Today

MAY 6, 2024

Accounting firms that have embraced artificial intelligence are primarily using it to analyze documents, automate tasks and bolster client communication.

Accounting 328

Accounting Accounting 328

Ace Cloud Hosting

MAY 6, 2024

Will AI replace accountants in near future? It’s a question on many minds. The world is evolving fast, especially with technology. As someone in accounting, you’re probably curious about what.

Accounting 81

Accounting Accounting QuickBooks 81

Advertisement

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.