Sat.Apr 29, 2023 - Fri.May 05, 2023

article thumbnail

Planday has arrived in Australia. Is it right for your business?

Xero

Managing people is one of the biggest challenges faced by small businesses. The complexity of payroll obligations makes this even more of a burden. In fact, last year we surveyed small businesses across Australia and found that 37% were worried they would accidentally pay their staff incorrectly. To ease the burden on employers, we’ve introduced an online workforce solution: Planday.

XERO 254
article thumbnail

Providing technology to empower students

Intuit

What was the most impactful thing you learned in high school? For students at the Marvin E. Robinson School of Business and Management (SBM), that answer changes weekly. With a curriculum designed around business education, this Dallas, Texas high school is on a mission to create the next wave of executives and entrepreneurs. As a participant in our Prosperity Hub School District program with a thriving media department, we were honored to donate a sound-proof recording booth to the students and

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Streamlining Accounts Payable with Automated AP Workflow Solutions

Ascend Software blog

Accounts payable departments are an essential part of any organization, ensuring that suppliers and vendors are paid accurately and on time. However, the traditional paper-based invoice processing method is prone to errors, delays, and high costs, making it inefficient and time-consuming. Fortunately, advancements in technology have led to the development of automated AP workflow solutions that can streamline the accounts payable process and eliminate the need for manual intervention.

article thumbnail

Unlock Maximum E-Commerce Profits With These 6 Tips on Accounting for Amazon Product Rebates

Accounting Department

A product rebate on Amazon is a type of promotion offered by manufacturers or sellers to incentivize customers to purchase their products. It typically involves offering a partial refund or discount on the purchase price of the product, either at the time of purchase or after the purchase has been made.

article thumbnail

Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

article thumbnail

Recognising ‘Orange Girl’ on a remarkable 17 years at Xero

Xero

Today, I want to take a moment to recognise a truly remarkable member of the Xero team, Catherine Walker, aka “^OG” or “Orange Girl.” Catherine was part of the founding Xero crew, and after nearly 17 years, is our longest-serving employee and has seen Xero grow from its humble beginnings on her dining table in her Wellington apartment, to the global company it is today.

XERO 240
article thumbnail

Powering prosperity for the planet during Earth Week 2023

Intuit

There are many different motivators to start a business. Being your own boss, creating a product that changes lives, and making money would come to an entrepreneur’s mind. Among those, where does giving back to your community rank? Throughout our 40-year history, we’ve made giving back a priority. Known internally as We Care and Give Back (WCGB), our commitment to the communities we serve has always been deeply rooted in our culture and is visible in the various ways our employees give their tim

130
130

More Trending

article thumbnail

Cut Down on Close Time with Help From Tipalti

Accounting Department

The financial close process involves reconciling all of the company's activity over a set period of time. This process can be completed on a monthly basis, quarterly basis, yearly basis, or any other predetermined period.

article thumbnail

Your Guide to Writing Guest Pieces

Insightful Accountant

In today's business landscape, being a thought leader is everything. Otter PR's Amanda Reseburg spins you through some of the fine points of honing your content writing craft.

109
109
article thumbnail

The Role of Technology in Modern Bookkeeping

LedgerDocs

Gone are the days of manually recording financial transactions in ledgers and spreadsheets. With the latest technology, bookkeeping has become significantly easier and more efficient. One of the most significant benefits of technology in bookkeeping is the ability to automate processes. The software can automatically record transactions, generate invoices, and create financial reports.

article thumbnail

15 QuickBooks Tips 2023: How to use it effectively

CapActix

Whether you are a big corporate house or a small startup organization , it is highly essential for businesses to perfectly record all their financial transactions. In this digital world, QuickBooks is a comprehensive bookkeeping and accounting software that is helping numerous businesses to smoothly record their finances. QuickBooks accounting software is highly popular and loaded with numerous features – from bank integration to bookkeeping services.

article thumbnail

The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

article thumbnail

How to increase your business profit

Plooto

Entrepreneurs of all walks of life are looking to increase their business profit. After all, if you're not running a profitable venture, then it’s difficult to expand and grow. However, knowing how to increase profitability isn’t always easy. What are the biggest drivers of profit? How do you set and achieve your profit targets?

article thumbnail

Synder Helping Sharpen Online, Digital Payment Expertise

Insightful Accountant

The Synder SYNC partner program will help provide resources and education opportunities geared toward taking advantage of new revenue opportunities in the fast-growing landscape.

105
105
article thumbnail

Finance AI Tools that are Disrupting the Industry

Nanonets

Traditionally, finance has been the domain of the smartest in our society. Now, AI tools are pushing the limits of analysis and decision-making in finance, changing the lives and careers of finance professionals around the world. AI’s can analyze more data faster than any human can. They can make decisions on the margin with information updated with milliseconds of accuracy.

article thumbnail

Keep Your Childcare Center Profitable with These Accounting Tips

CSI Accounting & Payroll

Owning a small daycare or childcare center can be chaotic. Between planning activities, ensuring your kids are safe, and keeping up with regulations, the work never stops. Add bookkeeping to the mix, and it may often feel impossible to stop working at a reasonable time each day. At CSI Accounting & Payroll, we've been advising childcare center owners on industry best practices for over 50 years.

article thumbnail

2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

article thumbnail

How to Respond to Vendor Inquiries with AP Automation & Payment

MineralTree

How to Respond to Vendor Inquiries with AP Automation & Payment Services Not having enough time is the bane of every AP team. Too many are still burdened by the labor- and time-intensive tasks of manual invoice and payment processing, and are paying a heavy price for it. This creates a never-ending cycle of inputting and coding data, tracking down people for approvals and authorizations, and preparing checks – not to mention stuffing, sealing, and mailing payments.

AP 82
article thumbnail

NetSuite Chosen to Supercharge Steeda Autosports

Insightful Accountant

Stedda has Ford in its DNA, and now Oracle NetSuite will help supercharge the next evolution of Stedda's High-Octane Business.

105
105
article thumbnail

Limitations of internal controls

Accounting Tools

Related Courses Accounting Controls Guidebook What are the Limitations of Internal Controls? A system of controls does not provide absolute assurance that the control objectives of an organization will be met. Instead, there are several inherent limitations in any system that reduce the level of assurance. These inherent limitations are as follows. Collusion Two or more people who are intended by a system of control to keep watch over each other could instead collude to circumvent the system.

article thumbnail

5 First Steps to Start a Freelance Business

Enterprise Recovery

Estimates say that the number of freelancers entering the marketplace is growing at a compound annual growth rate of 15%. Enterprise company layoffs and the demand for more flexibility after the pandemic are two of many reasons that more people are considering freelancing. If you're ready to hang out your shingle, you definitely want to make sure you're on steady ground, so preparation and planning are necessary.

71
article thumbnail

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

article thumbnail

Development Company Slashes Invoice Processing Time by Nearly 60%

AvidXchange

Company Profile: Located in South Florida, FL Star Group is a real estate development company specializing in financial analysis, location services, market research and land acquisition negotiation for various projects throughout Florida. FL Star Development, a branch of FL Star Group, has developed more than 2,200 acres of commercial and residential facilities in Naples, covering a wide range of properties including a 23-acre luxury apartment complex and luxurious and affordable single-family c

article thumbnail

Fyle, QuickBooks Want to Help You be More Productive

Insightful Accountant

The companies have teamed up to bring real-time expense management and simplified bookkeeping to small- and medium-size businesses.

article thumbnail

Examples of intangible assets

Accounting Tools

Related Courses Accounting for Intangible Assets Fixed Asset Accounting How to Audit Fixed Assets An intangible asset is a non-physical asset having a useful life greater than one year. These assets are generally recognized as part of an acquisition , where the acquirer is allowed to assign some portion of the purchase price to acquired intangible assets.

article thumbnail

Earmark Media Presents: Crypto With Accountants

Cloud Accounting Podcast

In this episode, Pat White and Rafael Casas interview Mackenzie Patel, CEO of Hash Basis, a crypto-native accounting firm based in San Francisco. Mackenzie shares her accounting background and how she got into crypto accounting. They also discuss the challenges of revenue accounting in crypto and the emerging trend of specialized crypto accounting. Get NASBA Approved CPE or IRS Approved CE Launch the course on EarmarkCPE to get free CPE for listening to this episode.

article thumbnail

Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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.

article thumbnail

Do Banks Factor Invoices?

FundThrough

Are you looking into where you can get unpaid invoices factored or otherwise researching your options for invoice factoring? You might be wondering do banks factor invoices? Yes, some banks factor invoices. But why is it that some factor and some don’t? Should you factor unpaid invoices with a bank? We’ll answer your questions and […] The post Do Banks Factor Invoices?

article thumbnail

Warehouse Wednesday: inFlow Inventory

Insightful Accountant

Murph takes a deep dive into a powerful inventory software that’s easy to use.

99
article thumbnail

The difference between salary and wages

Accounting Tools

Related Courses Human Resources Guidebook Payroll Management The essential difference between a salary and wages is that a salaried person is paid a fixed amount per pay period and a wage earner is paid by the hour. Someone who is paid a salary is paid a fixed amount in each pay period, with the total of these fixed payments over a full year summing to the amount of the salary.

Payroll 75
article thumbnail

Provisional Tax – What is that all about?

Ontrack Bookkeeping

Provisional tax is an important aspect of managing a business’s finances and tax obligations. It allows businesses to make progress payments on their upcoming income tax, based on their expected profits for the following year. This can help businesses manage their cash flow and avoid the pressure of paying a lump sum at the end of the year. For new businesses, the first-year provisional tax payment can be challenging.

Tax 52
article thumbnail

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.

article thumbnail

Need Accounting for Your Childcare Center? Here's What to Look For.

CSI Accounting & Payroll

Corralling the little ones every day at your childcare center can be exhausting. At the end of a busy day, are you left with more accounting work than you can handle? Having an accountant on your side is priceless. Not only do you minimize your taxes and gain financial peace of mind through expert advice, but you also gain more time to enjoy your life outside of work.

article thumbnail

Intuit Celebrates Third Annual Small Business Success Month in May

Insightful Accountant

By highlighting stories of small business success and driving conversations, Intuit aims to help the small business community thrive.

98
article thumbnail

Cash flows from investing activities definition

Accounting Tools

Related Courses The Statement of Cash Flows What are Cash Flows from Investing Activities? Cash flows from investing activities is a line item in the statement of cash flows , which is one of the documents comprising a company's financial statements. This line item contains the sum total of the changes that a company experienced during a designated reporting period in investment gains or losses, as well as from any new investments in or sales of fixed assets.

article thumbnail

Karbon Practice Management Software: In-Depth Review

Future Firm

Karbon practice management software helps you manage your accounting firm’s client work, planning, and communications all in one place. In this in-depth review, we’ll take a look at what makes Karbon stand out from other workflow management software and its features. Let’s go! Table of Contents What is Karbon? Karbon Features An Overview of Karbon Karbon Pricing Karbon Alternatives What is Karbon?

article thumbnail

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.