Accounting Department
NOVEMBER 14, 2023
As a small and medium-sized business (SMB) owner, managing your cash flow and expenses is crucial to keep your business afloat and profitable. But in today's ever-changing business landscape, controlling costs is easier said than done.
Invoicera
NOVEMBER 13, 2023
A strong business strategy is like the game of chess, where KPIs make every move easy. No doubt, in this competitive world, standing out is difficult. But what if you have a business strategy that makes it possible? Decisions that can mean the difference between thriving and merely surviving. But how can you ensure your choices are the right ones?
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MineralTree
NOVEMBER 16, 2023
Conducting a cash flow analysis is an integral part of running a business — dedicating time to this process can mean the difference between barely surviving and thriving. However a cash flow analysis is only as valuable as your ability to understand and interpret the results. By assessing your cash inflows and outflows, you can gain valuable insights into your organization’s financial health, helping you make informed decisions to sustain and scale your operations.
Accounting Today
NOVEMBER 15, 2023
While it initially garnered attention for its creative applications in content and image generation, the true potential of generative AI lies in its ability to unlock new ways of thinking in the business world.
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
Nolan Accounting Center
NOVEMBER 15, 2023
As a small business owner, it’s important to be aware of the financial health of your business. One of the most powerful tools to help you analyze your business’s health is financial ratios. These ratios provide you with valuable insights into the performance, profitability, and overall financial stability of your business. Nolan Accounting can help you track the financial ratios of your Southeast Wisconsin business.
Xero
NOVEMBER 14, 2023
Many governments around the world are introducing eInvoicing as a way to drive digitisation of the small business economy, with some regions even mandating its use. While it’s still early days in the UK, we expect that eInvoicing will eventually become a global best practice standard and a natural part of the cloud accounting process. Today, we’re excited to share that we are the first major small business accounting software company to launch eInvoicing in the UK.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Accounting Today
NOVEMBER 14, 2023
Commissioner Danny Werfel and Taxpayer Advocate Erin Collins discussed the enhancements the IRS has been making thanks to the additional billions of dollars of funding.
FinOps in Practice
NOVEMBER 15, 2023
In this article, we describe the block of the scheme, devoted to serving and monitoring machine learning models. Please, find the whole scheme, which describes key MLOps processes here. The main parts of the scheme are horizontal blocks, inside of which the procedural aspects of MLOps are described. Each of them is designed to solve specific tasks within the framework of ensuring the uninterrupted operation of the company’s ML services.
Xero
NOVEMBER 14, 2023
We’re excited to announce that we’ve launched a new tax manager feature in Xero HQ that will give you a real-time view of your tax obligations for company tax, company accounts, personal tax and VAT — all in one place. This means that as an accountant or bookkeeper in the UK, you won’t have to use three different dashboards to get the information you need.
Accounting Department
NOVEMBER 17, 2023
We are thrilled to announce that Episode 6 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.
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 Today
NOVEMBER 13, 2023
The service's decision to destroy around 30 million unprocessed paper information returns to reduce its backlog during the pandemic probably had little effect on taxpayers, according to a new report.
Cevinio
NOVEMBER 17, 2023
How AP Automation proves the case for Shared Services Shared services are a tried and trusted way of consolidating a wide range of services across a business to introduce operational synergies and bear down on costs. Although Shared Service Centers (SSCs) create value they do not generate revenue which means their contribution is often overlooked. This passive view of shared services is a barrier to renewal and innovation.
Xero
NOVEMBER 14, 2023
We’re excited to announce that we’ve launched a new tax manager feature in Xero HQ that will give you a real-time view of your tax obligations for company tax, company accounts, personal tax and VAT — all in one place. This means that as an accountant or bookkeeper in the UK, you won’t have to use three different dashboards to get the information you need.
Insightful Accountant
NOVEMBER 16, 2023
Navigating DCAA compliance can be daunting for contractors. Misinformation and myths add to the confusion. In this article, we debunk common myths about DCAA compliant timekeeping.
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 Today
NOVEMBER 16, 2023
Plus, Google wants you to ditch passwords, and eight other things that happened in technology this past month and how they'll impact your clients and your firm.
Blake Oliver
NOVEMBER 17, 2023
I'm published in the Journal of Accountancy! You can now read my article, "How artificial intelligence can help save accounting," on the JofA website. ? Highlights include: Insights on how GPT is reshaping routine accounting tasks. A look at AI's potential to mitigate staffing issues and reduce burnout. Examples of AI's applications in accounting and their impact.
Xero
NOVEMBER 13, 2023
Many governments around the world are introducing eInvoicing as a way to drive digitisation of the small business economy, with some regions even mandating its use. While it’s still early days in the UK, we expect that eInvoicing will eventually become a global best practice standard and a natural part of the cloud accounting process. Today, we’re excited to share that we are the first major small business accounting software company to launch eInvoicing in the UK.
Insightful Accountant
NOVEMBER 16, 2023
New Sage Intacct release extends capabilities to consolidate financials for complex ownership structures, improve project management, integrate ministry financials, improve 1099 e-filing and respond to governance expectations
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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.
Accounting Today
NOVEMBER 17, 2023
IFAC and FASB both appoint and reappoint board members; RSM raises $4.7M for nonprofits via Power of Love program; and more news from across the profession.
Billing Platform
NOVEMBER 15, 2023
While the terms are typically used interchangeably, there are a few subtle differences between usage-based billing and metered billing – the most significant being in how charges are calculated. Usage-based billing calculates charges based on how much of a product or service is used. Whereas metered billing uses the amount of time customers use the product or service.
Nanonets
NOVEMBER 14, 2023
Introduction Hey Sam! Ever felt like you're juggling too many balls in the air, trying to keep that sales pipeline flowing without a spill? In the ever-evolving world of sales, where targets loom large and time is of the essence, it's crucial to have the right quiver of tools at your disposal. But here’s the deal—finding the best sales pipeline management tools isn't just about staying ahead; it's about revolutionizing your approach.
Insightful Accountant
NOVEMBER 15, 2023
Xero unveils the recipients of the prestigious Xero Beautiful Business Fund and present an insightful State of the Industry Report. Join us as we delve into the world of fostering exceptional enterprises.
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
Accounting Today
NOVEMBER 14, 2023
Average audit fees increased by 4.6% from 2021 to 2022, and more auditors are using data analytics in their audits, according to a new report.
RevCycle
NOVEMBER 15, 2023
Why do Americans have so much medical debt ? There are several reasons why Americans have so much medical debt. One reason is that the cost of healthcare in the United States is very high. According to the Kaiser Family Foundation, the average American family spent $28,166 on healthcare in 2020. This is much higher than what people in other developed countries spend on healthcare.
Ace Cloud Hosting
NOVEMBER 16, 2023
CPAs and accountants play an integral role in the functioning of every small and large business. With multiple tasks, work for these accountants can get hectic at times. Watching movies.
Insightful Accountant
NOVEMBER 14, 2023
For the next few months, accountants are fielding calls and emails with a tinge of desperation around payroll books that are a mess and reporting deadlines that seem impossible to meet. Let’s bring some peace to this process.
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.
Accounting Today
NOVEMBER 16, 2023
Thanks to the lower threshold, the service expects to receive about 44 million 1099-Ks in 2024, up from about 14 million.
Invoicera
NOVEMBER 16, 2023
By 2025, the subscription economy will reach a market size of $1.5 trillion. Source: UBS Wealth Management If you own a subscription business, you might be looking for a tool to make your financial management easier. Before choosing any tool, a lot of questions can come to your mind like: How to pick the best subscription management tool when so many are out there?
Ace Cloud Hosting
NOVEMBER 14, 2023
Understanding QuickBooks cloud hosting pricing is as complex as a game of Monopoly – it can seem confusing and intricate with no clear path to success. However, it doesn’t have.
Insightful Accountant
NOVEMBER 16, 2023
Intuit is "All In With ProAdvisors", so 'New' ProAdvisor training and certifications have just been released. Intuit will offer a QuickBooks Training and Certification Bootcamp in early December.
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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.
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