Accounting Department

AUGUST 1, 2024

Running a business is no small feat, and managing finances can be one of its most challenging aspects. It’s no wonder many business owners are lured by the promise of cheap accounting services. If you think you're saving money with these budget options, think again. This post will uncover the hidden costs that could be undermining your business and explain why investing in quality accounting is crucial for long-term success.

Accounting 223

Accounting Accounting Budgeting Outsourced Bookkeeping 223

Accounting Today

JULY 30, 2024

The Internal Revenue Service has introduced new measures for streamlining reporting of renewable energy credits, as well as final rules on corporate stock repurchases and cryptocurrency transactions.

Tax 336

Tax 336

Intuit

JULY 30, 2024

For years, Intuit has leveraged artificial intelligence (AI) to transform how consumers and businesses manage their finances for the better. Deploying these technologies responsibly and at scale is no easy feat. Through early investments in building an AI-driven expert platform, where AI supercharges human experts, and human experts supercharge AI , Intuit is serving customers at the cutting edge of today’s AI and data revolution.

Tax 279

Tax QuickBooks Bookkeeping 279

Xero

AUGUST 1, 2024

Much can be said about the pros and cons of generative AI. But while we can all agree that it is widely-available and disruptive, surely we can also agree that it isn’t the first emerging technology to be available and disruptive (nor will it be the last). It’s just the one we’re focused on right now. To start to wrap your head around the possibilities of generative AI and the broader AI technology ecosystem, it’s best to start from the ground up.

XERO 165

XERO Bookkeeping Customer Service Accounting 165

Advertiser: Paycor

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!

Payroll

Accounting Department

JULY 30, 2024

In the modern business landscape, data is power. For business owners, entrepreneurs, and CEOs, QuickBooks stands as a beacon, illuminating the path with insightful dashboards that transform raw financial data into strategic insights. The mere mention of 'dashboard' may conjure images of speedometers and gauges, which is apt considering QuickBooks dashboards are designed to keep your finger on the pulse of your business functions.

QuickBooks 228

QuickBooks Financial Reporting Accounting Accounting 228

Accounting Today

JULY 31, 2024

Two huge firms are coming together in a $2.3 billion cash-and-stock deal, making the combined firm what is projected to become the seventh largest accounting firm in the U.S. with approximately $2.8 billion in annual revenue.

Accounting 328

Accounting Accounting 328

Xero

JULY 31, 2024

“The whole point of Building Up is to connect people with barriers to employment to careers in construction,” explained Marc Soberano, founder of non-profit project Building Up. “We help people break the cycle of poverty and make a life for themselves.” Building Up was one of the 2023 recipients of funding from the Xero Beautiful Business Fund , winning the ‘Strengthening Community Connection’ for their inspiring community building work as a non-profit social contractor.

XERO 157

XERO Budgeting 157

Insightful Accountant

JULY 30, 2024

Murph wants to know if you have a story to share regarding migrating from QuickBooks Desktop to QuickBooks Online. We are looking for contributors with either a 'great' experience, a 'bad experience', or both.

QuickBooks 105

QuickBooks 105

Accounting Today

AUGUST 1, 2024

A recent Supreme Court case held that the Code Sec. 965 mandatory repatriation tax was constitutional, but the majority opinion avoided the principal issue presented to the court.

Tax 298

Tax 298

Compleatable

JULY 30, 2024

Watch: Improve Invoice Matching Rates in Your School or MAT Fill in the form to access the video recording of our Compleat Education webinar looking specifically at boosting your invoice matching rates. Name Work Email Address Job Title Watch the video Improve Invoice Matching Rates in Your School or MAT The post Improve Invoice Matching Rates in Your School or MAT first appeared on Compleat Software.

Invoicing 130

Invoicing 130

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

Future Firm

JULY 30, 2024

Looking for the best accounting podcasts on the market? Good news for you, because I've curated the 19 absolute best ones around. The post The 19 Best Accounting Podcasts to Listen To appeared first on Future Firm.

Accounting 98

Accounting Accounting 98

Insightful Accountant

JULY 29, 2024

In the high-pressure world of tax and accounting, where long hours and strict deadlines are the norm, building a strong organizational culture is crucial for addressing burnout and reducing turnover.

Accounting 105

Accounting Accounting Tax 105

Accounting Today

AUGUST 1, 2024

OneStream announced the rebrand of OneStream Suite to OneStream One, which now features the new Next Gen Gather AI solution to help professionals gather client documents.

306

306

Enterprise Recovery

JULY 31, 2024

Consumer and business debt are two distinct types of debt that are handled quite differently. Consumer debt is the debt individuals incur for personal expenses, such as credit card debt, student loans, or mortgages. Business debt, however, refers to the debt incurred by businesses or organizations for various purposes, such as operational expenses, investment in assets, or expansion.

Collections 85

Collections 85

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.

Accounting

RevCycle

JULY 31, 2024

Change is a constant force in today’s business landscape. New technologies emerge at breakneck speed, customer expectations evolve, and market forces constantly shift. While some employees thrive on constant evolution, change can also be disruptive and demotivating for others. As a leader, it falls on you to navigate this transition and keep your team engaged and enthusiastic.

78

78

Insightful Accountant

JULY 31, 2024

Things are looking bleak for the annual release of QuickBooks Desktop. It's August 1st, and Beta Testers are typically 'testing' RC1 (release candidate 1) for a September release date, but not this year.

QuickBooks 105

QuickBooks 105

Accounting Today

JULY 30, 2024

Senate Majority Leader Chuck Schumer, D-New York, announced plans to bring up a vote on the Tax Relief for American Families and Workers Act later this week.

Tax 306

Tax Billing 306

Ace Cloud Hosting

AUGUST 1, 2024

ATX from Wolters Kluwer is one of the most reputed tax preparations and filing software for individuals and small firms. According to a Journal of Accountancy survey, approximately 70% of.

Tax 81

Tax Accounting Accounting 81

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

JULY 27, 2024

What is a Deferred Asset? A deferred asset is an expenditure that is made in advance and has not yet been consumed. It arises from one of the following two situations: Short consumption period. Where the expenditure is made in advance, and the item purchased is expected to be consumed within a few months. This deferred asset is recorded as a prepaid expense , so it initially appears in the balance sheet as a current asset.

General Ledger 75

General Ledger Reconciling Bookkeeping Accounting 75

Insightful Accountant

AUGUST 1, 2024

App and Software Developers should know that Insightful Accountant offers 'FREE' feature content, including App Aware and First Look features covering their app or software and Advisor Alliance articles covering their partner programs.

Accounting 98

Accounting Accounting 98

Accounting Today

AUGUST 2, 2024

KPMG announces new partnerships; CAQ releases generative AI guide for audit committees; US Bank announces new AR solution; and other accounting tech news.

AR 305

AR Auditing Accounting Accounting 305

Economize

AUGUST 2, 2024

The Importance of Caching in Modern Applications Caching is a fundamental technique in modern computing that enhances the speed and performance of applications by temporarily storing frequently accessed data in a high-speed data storage layer. This allows applications to retrieve data faster than fetching it from a slower, traditional database or external source.

Computation 59

Computation 59

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

Accounting Tools

JULY 27, 2024

What is Capex? Capex is a contraction of the term capital expenditure , and refers to the expenditures made to add new fixed assets , replace old ones, and pay for their maintenance. The success of some businesses may depend on making large capex investments continually, to build their capacity. How Capex Varies by Industry The level of capex required to operate a business varies dramatically by industry.

Budgeting 75

Budgeting Auditing Tax Accounting 75

Outsourced Bookeeping

JULY 31, 2024

The restaurant industry has experienced significant changes in the last four years post-pandemic. With a notable increase in new establishments and existing ones expanding their reach, the industry is rapidly catering to the increased customer demand. However, the industry faces several problems that surprisingly come from different quarters: bookkeeping and accounting.

Outsourced Bookkeeping 59

Outsourced Bookkeeping Accounts Payable Accounts Payable Bookkeeping 59

Accounting Today

JULY 31, 2024

Increasing starting salaries is the key to attracting young talent to the profession, but the first step is boosting salary transparency.

Accounting 321

Accounting Accounting 321

Less Accounting

AUGUST 1, 2024

In the intricate dance of managing a small business, few tasks are as crucial, yet often as cumbersome, as handling payroll. From calculating wages to ensuring compliance with tax regulations, payroll processes demand precision and efficiency. In the realm of small businesses, where resources may be limited, streamlining these processes becomes paramount for sustaining growth and minimizing administrative burdens.

Payroll 59

Payroll Deposits Bookkeeping Auditing 59

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

Economize

JULY 31, 2024

The Need For Cloud Financial Management The transition to cloud computing allows organizations to convert fixed expenses, such as data centers and physical servers, into variable costs, paying only for the resources they consume. Benefiting from economies of scale, these variable expenses are significantly lower than traditional IT infrastructure costs.

Computation 59

Computation 59

Insightful Accountant

AUGUST 1, 2024

If you are a Top ProAdvisor (Top 100 ProAdvisor, Top 25 Up-n-comer ProAdvisor, or Top 50 International ProAdvisor), we want to publish your profile.

59

59

Accounting Today

JULY 30, 2024

New report finds undocumented immigrants pay more than a quarter, about 26%, of their income in taxes, in line with the median taxpayer.

Tax 317

Tax 317

Blake Oliver

AUGUST 2, 2024

My latest Earmark course, " How Taxes Shape Our Economy and Lives ," features a podcast interview with Scott Hodge, President Emeritus of the Tax Foundation and author of "Taxocracy." In this course, we explore: The impact of tax policies on housing, healthcare, and education costs Historical tax policies and their relevance to current debates The economic effects of tariffs on consumer goods Unexpected tax policy outcomes Potential improvements to the tax code As accounting and tax professional

Tax 52

Tax Accounting Accounting 52

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.