Trends in client documentation that make accounting easier and audits less painful
Accounting Today
DECEMBER 22, 2022
Sat.Dec 17, 2022 - Fri.Dec 23, 2022
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Xero partners with New Zealand Football to support football communities in Aotearoa
Xero
DECEMBER 20, 2022
I’m thrilled to announce Xero is partnering with New Zealand Football to help support football clubs across Aotearoa, helping Kiwis balance better numbers off the field through a club support programme. . Through this long-term partnership agreement, which will run until 2026, we’re aiming to build on increased interest in the beautiful game that will no doubt be supercharged by the FIFA Women’s World Cup 2023 held in New Zealand and Australia.
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Happy Holidays from AccountingDepartment.com!
Accounting Department
DECEMBER 21, 2022
Co-founders Dennis and Bill recorded their annual holiday message to clients, sharing their views on the past year as well as what they're planning for the future! (and maybe a few bloopers to enjoy at the end).
ERP and Accounts Receivable Automation Integration Best Practices
Gaviti
DECEMBER 20, 2022
Information silos are one of the biggest thieves of efficiency at companies worldwide. Companies spread their data across multiple platforms that update at different rates. Ultimately, this data falls out of sync, and some departments never get access to invaluable information that could help them make better decisions. This is why so many companies now look to accounts receivable integration and other similar options to break down information barriers.
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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.
Making Tax Digital for ITSA has been delayed, but we’re ready to support you
Xero
DECEMBER 20, 2022
HMRC has announced that Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) has been delayed until April 2026. With small businesses, accountants and bookkeepers facing challenging times, we understand and support the delay from HMRC – giving you more time to prepare. . From this date, landlords and self-employed people earning above £50,000 annually will need to comply with MTD rules.
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How A/R Collections Data Can Improve Working Capital Management
Gaviti
DECEMBER 18, 2022
Are you looking for new ways to improve working capital management? Most business owners have this on their annual to-do lists. It is crucial for small businesses that typically do not have the extensive funding of their bigger competitors. Small businesses have increasingly turned to automation to resolve operational issues, and maintaining cash in hand is no exception.
4 Common Obstacles To Managing Microsoft Azure Costs
CloudZero
DECEMBER 22, 2022
Microsoft Azure was a relative latecomer to the public cloud market: AWS preempted everyone in 2006, and Google GCP came next, in 2008. By the time Azure launched in 2010, the public cloud market had already grown to more than $24 billion.
Improve Your Business Cash Flow with These Steps
Accounting Department
DECEMBER 20, 2022
Cash is king when it comes to business. A business with money tied up in inventory, equipment, investments and other non-liquid assets is an enterprise with limited flexibility. In particular, cash flow accounting is especially important.
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.
Creating New Accounting Firm Revenue Streams to Unlock Growth
Plooto
DECEMBER 19, 2022
Accounting firm revenue streams are changing. To survive and thrive, they are shifting or adding offerings from tax compliance services to business advisory services to generate new revenue streams for profitable growth.
MTD ITSA: A Statement from Dext
Dext
DECEMBER 22, 2022
A statement from Dext, in light of HMRC’s recent announcement on the postponement of MTD for ITSA: HMRC have announced a delay to MTD for ITSA, and an increase in the income reporting level. However, the fundamental, practical challenges of servicing self-employed & landlord clients remain. At Dext, we will continue to focus on this.
The Ultimate Guide to Digital Transformation in Accounts Payable
MineralTree
DECEMBER 22, 2022
What does digital transformation mean in Accounts Payable? Digital transformation in Accounts Payable (AP) occurs when teams use technology to automate and streamline manual processes across the back office. It evaluates existing processes across the AP workflow to identify areas of improvement and help teams unlock greater efficiencies and insights.
2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)
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!
Accounting and Auditing Pains: When to Leave QuickBooks
Sage Intacct
DECEMBER 22, 2022
For many startups and businesses that are still in the very early stages of growth, spreadsheet-based accounting solutions can be a real asset. But past a certain stage of corporate development, QuickBooks just doesn't make sense , particularly for auditing and accounting forecasting.
The Difference between Bookkeeping and Accounting
SMB Accounting and Consulting
DECEMBER 21, 2022
Bookkeeping and accounting are often used interchangeably when describing a process of recording financial transactions for a business, but they are not the same functions. Generally speaking, bookkeeping is a part of the accounting process that focuses on recording financials transactions and is heavily rooted in data entry and reconciliation of bank and credit card transactions and statements.
Databricks Pricing Explained: A 2023 Guide To Databricks Costs
CloudZero
DECEMBER 21, 2022
For data professionals interested in data modeling, artificial intelligence, and machine learning, Databricks offers a powerful cloud data platform. The Databricks Lakehouse combines data lake and data warehouse capabilities in one architecture.
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
Warning Signs Your SaaS Company is Outgrowing QuickBooks: Painful Audits and Challenging Forecasts
Sage Intacct
DECEMBER 22, 2022
For many startups and businesses that are still in the very early stages of growth, spreadsheet-based accounting solutions can be a real asset. But past a certain stage of corporate development, QuickBooks just doesn't make sense , particularly for auditing and accounting forecasting.
The Wall That 7-Figure Firms Face
Future Firm
DECEMBER 21, 2022
Many have developed their company swiftly past mid-6 figures, and while it wasn’t simple, things change when they hit 7-figures. Worst, they get stuck. I will explain two ways I diagnose this wall to help business owners break through it. Listen Below. 1:38 – Today, I want to share 2 things that I do to diagnose this wall to help firm owners break through it. 1:44 – The very first thing I do is get an understanding of the firm’s packages and prices. 2:14 – I’ll also look at the firm’
4 Bookkeeping and Accounting Tips for Small Businesses
Counto
DECEMBER 20, 2022
4 Bookkeeping and Accounting Tips for Small Businesses Keeping organised and having an accurate understanding of your financial situation is crucial to running a successful business. Moreover, setting up a system or accounting checklist for tracking your financial data will help you stay on top of your company’s numbers and keep your business secure.
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.
Payroll – Christmas and Public Holidays
Ontrack Bookkeeping
DECEMBER 17, 2022
Christmas is a time of sun, sand, lots of food and family time here in the Southern Hemisphere. Ensuring employees get paid right for the public holidays however can be a challenge for those employing staff. We thought we would put together some examples to help you on with navigating the challenges of the Christmas payroll this year. PUBLIC HOLIDAYS THAT FALL ON A WEEKEND How to work out pay and holiday entitlements for a calendar date public holiday falling on a weekend, as Christmas Day
Rudolph and the Revenue
Accounting Fun
DECEMBER 23, 2022
Rudolph the red-nosed reindeer Hated paying NIC Went to a sharp adviser Paid the man a hefty fee He told the other reindeer You should do the same as me Go and see my adviser Get yourself a PSC Then one foggy Christmas eve the taxman came to say: "Your idea was not so bright You owe tax, you're banged to rights" So all the deer were bankrupt Didn't have a bean they said Now taxman's after Santa He'll be really in the red.
Ep. 212: Jennifer Smith – Obsessing over efficiency with the CEO of Scribe
IMA's Count Me
DECEMBER 18, 2022
Connect with Jennifer: [link] Learn more about Scribe: [link] Full Episode Transcript: < Intro > Adam: Hello and welcome to Count Me In. The podcast that explores the world of business from a management accountant's perspective. This is Adam Larson, and today my co-host Neha, is talking to a woman who describes herself as an accidental CEO.
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.
Creditors Beware of Subchapter V: Podcast
NACM
DECEMBER 23, 2022
? On today's episode of the Extra Credit #podcast, we take a look at how Subchapter V bankruptcy filings dilute a creditor's rights.? Hear advice from the experts, Jason Torf and Lynnette Warman!
QuickBooks? They Were On QuickBooks?
Cloud Accounting Podcast
DECEMBER 23, 2022
Sponsors Zoho - [link] Liscio - [link] Canopy - [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 14:24 – Accountant that vetted Binance's reserves halts all crypto work | Accounting Today [link] 15:00 – Auditor Mazars Pauses All Work For Binance, Other Crypto Clients [link] Binance says the accounting firm it used to verify its reserves has paused all work for crypto clients [link] Binance Shows 'Pro
Back to Basics with Reconciliations
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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.
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