Accounting Department
AUGUST 6, 2024
As a business owner, you can face various challenges, from any direction. From staffing woes to cash flow issues and the ever-growing threat of cybercrime, you’re constantly juggling risk and reward to keep your business afloat.
Accounting Today
AUGUST 8, 2024
The Internal Revenue Service is paying out more claims for the Employee Retention Credit program even as it gives the claims greater scrutiny, and is moving the moratorium on processing new claims from Sept. 14, 2023 to Jan. 31, 2024.
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Xero
AUGUST 8, 2024
Managing accounts payable is a crucial part of doing business, but paying the bills can be time-consuming and inefficient. So we’re on a mission to make it easier. We’re excited to announce that, over the next few months, we’re making some enhancements to the way you manage bills in Xero. These updates will help small businesses to streamline their end-to-end accounts payable process, saving time and gaining efficiencies.
Intuit
AUGUST 9, 2024
The work of data scientists isn’t easily understood. Their work begins with laying a strong data foundation to perform robust data explorations followed by employing a set of mathematical techniques and experiments to deliver durable benefits. But it is not just the promising nature of their work. The environment in which they thrive empowers them to create meaningful experiences for customers and see impact in the business world.
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 Department
AUGUST 8, 2024
In today’s competitive market, small to medium-sized businesses (SMBs) face the challenge of making strategic decisions with limited resources. One area that often gets overlooked in this equation is Financial Planning & Analysis (FP&A). While it might sound like something reserved for larger corporations with extensive budgets, FP&A is crucial for SMBs aiming to maximize their potential and secure a competitive edge.
Accounting Today
AUGUST 9, 2024
Accounting tech space sees major acquisitions this week; Bitwave releases Data Fusion tool for digital assets; TaxValet gains B-corp status; and other accounting tech news.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Fidesic blog
AUGUST 8, 2024
In the realm of Accounts Payable (AP), performance is not just about doing more work; it's about working smarter. These improvements are measured by key performance indicators (KPIs), which not only showcase your team's effectiveness but also pinpoint areas ripe for enhancement. If you're aiming to elevate your AP efficiency, understanding and optimizing these KPIs is crucial.
Intuit
AUGUST 8, 2024
5 classes to learn personal finance skills In recent years, experts have noticed a gap in the education system. Recent graduates might be ready for their chosen career path, but do they have the personal finance skills they need to thrive in adulthood? In the US alone, only about 50% are financially literate—meaning they reasonably understand money management concepts such as budgeting, saving, and investing.
Accounting Today
AUGUST 9, 2024
The Treasury Department and the Internal Revenue Service said Friday that Connecticut will be the latest state to join the IRS Direct File program for free tax preparation.
Xero
AUGUST 8, 2024
In May, we announced changes to Xero’s plans in the UK as part of our efforts to simplify Xero’s offering. The new plans, which will launch on 12 September 2024, bundle key features such as Xero Payroll, Xero Expenses, multicurrency, Xero Analytics Plus and bill payments into some plans, making it easier to choose the best option for your business or clients.
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
Fidesic blog
AUGUST 8, 2024
In the realm of Accounts Payable (AP), performance is not just about doing more work; it's about working smarter. These improvements are measured by key performance indicators (KPIs), which not only showcase your team's effectiveness but also pinpoint areas ripe for enhancement. If you're aiming to elevate your AP efficiency, understanding and optimizing these KPIs is crucial.
Compleatable
AUGUST 9, 2024
“We have 14 schools using Compleat, each primary and secondary school can easily buy online with our suppliers including Amazon Business and YPO using Integrated Online Buying… “…Finance have real-time visibility of the status of all purchases and invoices across our schools…” – James Rant, Finance Director of Red Kite Learning Trust Download Testimonial The post Red Kite Learning Trust first appeared on Compleat Software.
Accounting Today
AUGUST 5, 2024
A selloff in the riskier corners of the global market deepened, with stocks plunging and traders rushing to the safety of bonds as concerns about a slowdown in the world's largest economy intensified.
Xero
AUGUST 7, 2024
We’re officially on the countdown for Xerocon Nashville at Music City Center over August 14 and 15. And this year, we’re proud to have filled our exhibitor floor with some of the best and most loved apps for accountants, bookkeepers and small business owners alike. No matter what business needs or challenges you’re looking to solve, you’ll have over 50 exhibitors to meet and talk to, and many apps from the Xero App Store to try out for yourself.
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.
Nanonets
AUGUST 9, 2024
Introduction We’ve all asked Alexa to play a song, or Siri to call someone, or ChatGPT to answer our questions. It’s quite fascinating how technology has advanced to a point where it can understand our intent and give us context aware responses. But what exactly is the technology behind all of this? Large Language Models (LLMs) are AI systems that can understand human language, and also generate context aware responses based on it.
Compleatable
AUGUST 9, 2024
“With iCompleat we have achieved this, saving a huge amount of time on invoice processing, while also granting greater visibility and process compliance across departments “…I would happily recommend iCompleat to any finance team in the Education sector…” – Terry Harding, School Accountant at Milton Abbey School Download Testimonial The post Milton Abbey School first appeared on Compleat Software.
Accounting Today
AUGUST 9, 2024
DMJPS launches Be Greater Scholarship to celebrate 75th anniversary; Weaver adds three to transaction advisory services; and more news from across the profession.
Cevinio
AUGUST 7, 2024
Explore the best practices for modernizing your AP invoice process.
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.
Insightful Accountant
AUGUST 7, 2024
Current IRS focus areas include renewable energy tax credits, corporate stock repurchase taxes, and cryptocurrency transactions. But, with the upcoming election, accountants and tax professionals are anticipating more widespread regulatory changes.
Enterprise Recovery
AUGUST 9, 2024
Navigating the financial landscape of business operations can be daunting, regardless of the company's size. From small startups to large corporations, financial challenges constantly require careful planning and strategic decision-making. Whether managing cash flow, setting financial goals, staying compliant with taxes, or planning for growth, businesses must proactively address these challenges to ensure long-term success and sustainability.
Accounting Today
AUGUST 6, 2024
As the pipeline dries up, 83% of senior leaders report a talent shortage this year, up from 70% in 2022, with 10% this year saying it's worsening.
Accounting Tools
AUGUST 8, 2024
How to Account for Foreign Exchange Foreign exchange accounting involves the recordation of transactions in currencies other than one’s functional currency. For example, a business enters into a transaction where it is scheduled to receive a payment from a customer that is denominated in a foreign currency, or to make a payment to a supplier in a foreign currency.
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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.
Insightful Accountant
AUGUST 5, 2024
Insightful Accountant has released the training schedule for its Be Insightful Premium Content and Training program for the rest of the year.
Accounting Fun
AUGUST 9, 2024
Years ago I heard a great story that accountant Keith Lawrence assured me was true. He had taken an initial phone call from someone wanting help with their tax. After a brief conversation Keith invited them in to meet with him to see if he could help (and to see if he wanted to take them on as a client). On their arrival the 'client' looked around and expressed a little surprise that the office was smaller than he'd expected.
Accounting Today
AUGUST 9, 2024
The proposal, under the Financial Data and Transparency Act of 2022, will make financial data more accessible, uniform and useful to the public.
Accounting Tools
AUGUST 8, 2024
What is the Employer FICA Match? The employer FICA match is a requirement for an employer to remit to the government double the amount of social security and Medicare taxes withheld from employee pay. This means that the employee is paying half of the amount remitted, and the employer is paying the other half. The FICA acronym refers to the Federal Contributions Insurance Act, which is the law that requires these matching payments.
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
Insightful Accountant
AUGUST 8, 2024
What is really going on with QuickBooks Desktop? Fourlane is offering a new webinar series to explain all of the changes with QuickBooks Desktop.
Economize
AUGUST 8, 2024
Introduction to Machine Learning with Amazon Sagemaker Machine Learning, a subset of artificial intelligence enables systems to learn from data, identify patterns, and make decisions with minimal human intervention. Its applications range from everyday services like recommendation systems to complex decision-making processes in autonomous vehicles.
Accounting Today
AUGUST 7, 2024
The IRS started processing claims received prior Sept. 14, 2023, and has an inventory of 1.4 million ERC claims totaling more than $86 billion.
Accounting Tools
AUGUST 7, 2024
What is Burden Rate? The burden rate is the allocation rate at which indirect costs are applied to the direct costs of either labor or inventory. You should add burden to the direct cost of either labor or inventory in order to present the total absorbed cost of these items. The two situations in which the burden rate is used are noted below. Burden Rate for Labor Payroll taxes and benefits are added to an employee's wages to arrive at the total cost of labor for that individual.
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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