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

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How to Build a Dream Accounting Team

LedgerDocs

Every successful business has been built on the back of a strong accounting and bookkeeping team. A strong financial team should be instrumental in ensuring that the books are accurate, the business is remaining compliant with tax regulations and is profitable and they are leading the charge in financial decision-making. But to create such successful bookkeeping requires planning, strategic hiring, and creating an environment that encourages collaboration and personal development.

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IRS whistleblower awards tick up

Accounting Today

They still haven't recovered their levels of three years ago, though

Tax 264
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Business as usual for Xero Mid-Size Firm of the Year winners: Sempar Accountancy and Tax

Xero

Sempar Accountancy and Tax have been crowned the Xero Mid-size Firm of the Year at the 2023 Xero Awards for UK and Ireland. This award recognises their innovative practice and unwavering commitment to delivering exceptional client service. We take a look at what sets Sempar apart, and how the firm has helped their clients achieve their business goals.

XERO 231
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Understanding the Important Roles of Inventory Management in E-Commerce Accounting

Accounting Department

This article recaps the important role of inventory management in e-commerce and the vital ways it helps businesses control costs and improve customer relationships.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Webinar Coming Up! Reducing Accounting Overhead for Long Term Care

Fidesic blog

Is your organization highly mission focused? This webinar is for you. Healthcare, Non-Profits, Dental & Long Term Care professionals, check it out.

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IRS offers transition relief for RMDs

Accounting Today

The service plans to issue final regs related to required minimum distributions from retirement accounts in light of the SECURE 2.0 Act.

More Trending

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BILL Balance is the New Way to Pay

Accounting Department

BILL has rolled out BILL balance, a new way to pay vendors!

Billing 137
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2028 and Beyond Poll - Dynamics GP Partners

Fidesic blog

Microsoft Partners, We have launched a 6-question poll series exclusively on LinkedIn to find out where how the Dynamics GP Community is preparing for 2028 and Beyond. Check out and follow #2028andBeyondPoll for the current question.

AP 130
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IRS expands assistance centers

Accounting Today

The agency is also planning in-person visits to help taxpayers in underserved areas.

Tax 246
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Another Fine ProAdvisor Mess.

Insightful Accountant

Have you gotten an email saying your ProAdvisor status expired June 30, even though you passed recertification? Well, I did.

98
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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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How To Combine Multi-Cloud Spend Into One Single View

CloudZero

Picture the last time you were sitting at your desk trying to make sense out of the multiple cloud provider bills you just received. The amounts all change from month to month, and you can’t really compare them against each other because they all use different formats.

Billing 96
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Talent Attraction and Retention Using Bonuses

Reconciled Solutions

If you want to pay a bonus outside of your regular payroll, you should run a bonus payroll in Gusto. Here are some tips for doing it right. The post Talent Attraction and Retention Using Bonuses appeared first on Reconciled Solutions.

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IRS plans improvements in tax pro accounts and new business online accounts

Accounting Today

The Internal Revenue Service is making progress on its modernization efforts after receiving billions in extra funding.

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Diagnose Your Apps from 'My Apps'

Insightful Accountant

This new app dashboard keeps you better informed regarding app-related connection issues.

97
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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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Organic organizational structure definition

Accounting Tools

Related Courses New Manager Guidebook What is the Organic Organizational Structure? An organic organizational structure is characterized by an extremely flat reporting structure within an organization. In this organization, the span of control of the typical manager encompasses a large number of employees. Interactions among employees tend to be horizontally across the organization, rather than vertically between layers of managers and their direct reports.

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How to Forecast Accounts Payable Accurately

MineralTree

Accounts payable forecasting is a lot like gazing into a crystal ball — it enables businesses to predict and plan for upcoming financial obligations. By understanding how to forecast accounts payable accurately, organizations gain valuable insights into their data, which in return helps them make smarter financial decisions and avoid unforecasted expenses.

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Tech News: KPMG to invest $2B in AI

Accounting Today

Plus, AuditFile relaunches Advantage Audit as AuditFile Advantage Audit AI; JustWorks releases JustPayroll; and other accounting technology news.

Auditing 246
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Still More Top 100 Clues from Our Award Recipients

Insightful Accountant

Continuing with his 'Clues about Top 100 2024' series, Murph examines what another award recipient's formal application reveals about the 'quest for the best.

97
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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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Adverse opinion definition

Accounting Tools

Related Courses How to Conduct a Compilation Engagement How to Conduct a Review Engagement How to Conduct an Audit Engagement What is an Adverse Opinion? An adverse opinion is a statement made by an entity’s outside auditor , that the entity’s financial statements do not fairly represent its results, financial position , and cash flows. The opinion may also be issued if certain required disclosures do not accompany the financial statements, or if the entity has not prepared its financial stateme

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A New Formula For Businesses To Follow In Pursuit Of Profit

Reconciled Solutions

Profit First asserts that we need to flip the generally accepted accounting principle for profit around. Here's why it works. The post A New Formula For Businesses To Follow In Pursuit Of Profit appeared first on Reconciled Solutions.

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Senate report confirms data leakage from tax software

Accounting Today

A Senate investigation has concluded that major tax software providers have been sending sensitive personal information to tech companies like Meta and Google.

Tax 246
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QBO Monday Minute: Business Overview Widget Editing

Insightful Accountant

Liz Scott shows us how the recently launched feature in QuickBooks will help accountants keep track of important financial information such as revenue, expenses and cash flow.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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Net realizable value definition

Accounting Tools

Related Courses Accounting for Inventory How to Audit Inventory What is Net Realizable Value? Net realizable value is the estimated selling price of goods, minus the cost of their sale or disposal. It is used in the determination of the lower of cost or market for on-hand inventory items. The deductions from the estimated selling price are any reasonably predictable costs of completing, transporting, and disposing of inventory.

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Maximizing Profitability with Enterprise Payment Solutions

Billing Platform

After you’ve fulfilled your end of the transaction, you want and need to receive funds as quickly as possible; however Automated Clearing House (ACH) payments can take hours or even days to clear. In today’s digital era, waiting for funds to become available is quickly becoming a thing of the past. This is where advanced digital payments and enterprise payment solutions come into play.

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Congress proposes tax relief to spur U.S-Taiwan trade

Accounting Today

A draft of legislation aims at reducing double taxation for employees and businesses involved in cross-border investment between the two countries

Tax 246
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Bridging the Gap: Between the Generations

Insightful Accountant

'The Unique CPA Conference 2023' unites accounting professionals seeking to enhance their careers and contribute to the advancement of the accounting profession.

CPA 96
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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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The difference between capital expenditures and revenue expenditures

Accounting Tools

Related Courses Accountants’ Guidebook Bookkeeping Guidebook Fixed Asset Accounting Capital expenditures are for fixed assets , which are expected to be productive assets for a long period of time. Revenue expenditures are for costs that are related to specific revenue transactions or operating periods, such as the cost of goods sold or repairs and maintenance expense.

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Discover The Benefits of an End-To-End CapEx, Budgeting, and Payment System

NextProcess

There are a ton of business process automation (BPA) software solutions on the market. Search for “AP Automation Software,” and you’ll find hundreds of results. With so many options, how can you narrow down your choices if you want to improve your business processes? One of the biggest potential benefits of automating business processes is that the software makes it easier to create an end-to-end solution for the procure-to-pay cycle.

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Tax Fraud Blotter: Concrete evidence

Accounting Today

Poor Quality; for king and country and cash; a penny saved; and other highlights of recent tax cases.

Tax 246
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Advisor Alliance: Finale Inventory

Insightful Accountant

In this edition of Advisor Alliance, Murph introduces the benefits and rewards of becoming a Partner with Finale Inventory.

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.