Sat.Dec 24, 2022 - Fri.Dec 30, 2022

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Is It a Good Idea To Outsource as a Start-Up?

Accounting Department

Startup founders and managers rightfully question whether it is prudent to outsource accounting and bookkeeping or keep the work in-house. Chart out the positives and negatives of outsourcing accounting/bookkeeping projects and you’ll find the positives are significantly greater in number.

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9 Reasons You Should Be Reviewing Your Profit & Loss Report

The Savvy Bookkeeping Blog

A profit and loss (or income) statement lists your income and expenses. It tells you how much profit you’re making, or how much you’re losing. It’s one of the most important financial documents your business will need to produce. Successful business owners review their Profit & Loss regularly.

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New mileage rates from IRS

Accounting Today

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How Tracking Kubernetes Costs Over Time Reveals Important Context

CloudZero

Your company may receive a monthly bill that includes the storage, network, and compute used to run Kubernetes applications. At this point, you can see how much you’ve spent on Kubernetes as a whole.

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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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Making The Most of Client Accounting Services

Accounting Department

Business owners and CEOs often wear a lot of hats in their organizations. Accounting and bookkeeping may not be one of their specialties, putting them at risk for lost payments, missed revenue, and preventing the company from growing as it should. Client accounting services (CAS) can help a business owner automate many financial tasks and maximize efficiency and profitability.

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Accounts Receivable and Business Collections Trends for 2023

Enterprise Recovery

It's time that we review our blog posts from the past year to discover any trending topics for 2023. In previous years, we've used this annual review to learn insights on how we can do better for our readers. Let us know if there's a topic that we can do better for you in the upcoming year. Here are the Accounts Receivable and Business Collections Trends for 2023.

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12+ Kubernetes Labels Best Practices To Apply ASAP In 2023

CloudZero

Scalability is one of the main reasons for using Kubernetes. Yet, scaling Kubernetes systems can reduce visibility into critical components. To overcome this, you have to organize your Kubernetes resources in a way that helps you find and track them more easily.

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What is Tax Debt and How Does it Impact Your Small Business?

Nolan Accounting Center

If your business owes taxes to the IRS after the filing deadline, you have tax debt. Even if you filed early and paid a portion of the bill, the remaining balance is considered tax debt. Many small business owners fear that the IRS will seize their businesses if they owe back taxes. If you have a small business in Southeast Wisconsin, let Nolan Accounting help you with your financials.

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Understanding the Role of a Company Secretary: What to Know

Counto

Understanding the Role of a Company Secretary: What to Know Understanding the role of a company secretary is essential to keeping a company compliant and running smoothly. This article outlines the duties and responsibilities of a company secretary and provides insight into the importance of having a qualified and experienced individual in this role.

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The top 15 stories of 2022

Accounting Today

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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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ElastiCache Vs. Redis: How Do They Compare? (Updated 2023)

CloudZero

As technology improves and customer demands change, many companies must provide fast, engaging, and secure services. Developers rely on platforms that support sub-millisecond response times to power these capabilities in their applications.

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What is Tax Debt and How Does it Impact Your Small Business?

Nolan Accounting Center

If your business owes taxes to the IRS after the filing deadline, you have tax debt. Even if you filed early and paid a portion of the bill, the remaining balance is considered tax debt. Many small business owners fear that the IRS will seize their businesses if they owe back taxes. If you have a small business in Southeast Wisconsin, let Nolan Accounting help you with your financials.

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How to Scale Your Freelance Business

Less Accounting

One of the undeniable benefits of freelancing is your ability to control your earning potential. There is no salary cap or company budget holding you back from earning the money you need. However, that doesn’t mean it comes easily. How do you scale your freelance business to give yourself the income you deserve? It takes strategy. You need to make smart business decisions to avoid burning yourself out and throwing the towel in altogether.

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Bookkeeper embezzles $29M from prominent Texas family

Accounting Today

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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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Time Blocking vs Time Boxing, other techniques, and how it all fits together

Ontrack Bookkeeping

In a world with endless distractions, it’s no wonder that we find it difficult to complete tasks. Focus is hard to come by these days. This is especially true when you’re working from home. Household tasks that would otherwise be out of sight and out of mind are suddenly in your workspace. With that said, there are some proven methods to help you get things done.

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Auditing Apathy With Ron Baker

Cloud Accounting Podcast

Sponsors LiveFlow - [link] Zoho - [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes Buy Ron's book, "Time's Up!: The Subscription Business Model for Professional Firms": [link] 14:27 – FTX US auditor Armanino defends work for failed crypto exchange [link] Get in Touch Thanks for listening and for the great reviews!

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How Can ERP Integration Help You Manage Purchasing and the Supply Chain?

NextProcess

As companies continue dealing with the business ramifications of the COVID-19 pandemic, supply chain management remains a key concern. Shipment delays, suppliers that can’t deliver, and other supply chain disruptions can have a significant, negative effect on a business. To make matters worse, many companies struggle to manage the supply chain effectively.

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The 2022 Top 100 People: Making a change

Accounting Today

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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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How CFOs Can Prepare for Financial Digital Transformation

MineralTree

The world continues to digitize at an accelerating pace, pressuring finance departments to follow suit. This presents both challenges and opportunities for Chief Financial Officers (CFOs), who must navigate the complexities of financial digital transformation in order to lead their organizations toward success. In this blog, we explore the key issues and trends that CFOs must tackle, and offer practical advice on how to prepare for these challenges in order to capitalize on the opportunities of

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QuickBooks vs Xero vs FreshBooks

Billah and Associates

There’s nothing similar to the feeling of maintaining your own business. Be that as it may, delivering a product or service is just a part of it. Proper financial management and accounting can show the moment of truth in your business. That’s where QuickBooks vs Xero vs FreshBooks – the top three cloud-based accounting software come into play.

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Dec 28, Canadian Bookkeeping and Tax Rates

Bookkeeping Essentials

Compliance tax rates of interest to Canadian small business owners and bookkeepers who work from home. Includes tax free automobile allowance rates.

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Tax Strategy: New clean energy prevailing wage and apprenticeship requirements

Accounting Today

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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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After 2 years, it took just 2 minutes to resolve this HMRC query

Accounting Fun

This is a true story about a tax dispute that went on for two years before the underlying issue was clarified. It made me smile. An Inspector of Taxes was explaining to me that the owner of the small business had been refusing to co-operate. As a result a relatively straightforward tax dispute about a tax scheme was heading towards the first tier tax tribunal.

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Ep. 213: Robert Bendetti, Jr. - An expert’s guide to cash flow management

IMA's Count Me

Connect with Robert: [link] Check out IMA's Statement of Cash Flow Tutorial Full Episode Transcript: < Intro > Adam: Welcome to Count Me In. The podcast that brings you an insider's look at accounting and finance professionals working in business. I'm Adam Larson. My guest today is Robert Bendetti Jr. Robert is a CPA and the CFO of Lifecycle Engineering, and he joins me for a high-energy discussion about cash flow management.

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NACM's CMI Forecasts Trouble Ahead in 2023

NACM

?At the start of 2022, economic activity was bursting at the seams as businesses recovered from the depths of the pandemic. But roughly one year later, NACM's Credit Managers' Index is painting a very different picture of the U.S. economy … and credit professionals sense trouble ahead.Hear from Amy Crews Cutts in today's episode of Extra Credit #po.

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Tax benefits for wealthy earners in SECURE 2.0

Accounting Today

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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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4 reasons every firm needs a disaster recovery plan

Accounting Today

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Your 2023 to-do list

Accounting Today

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IRS issues interim guidance on IRA provisions

Accounting Today

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Watch out: Top focal points for audit season

Accounting Today

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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.