Accounting Department

OCTOBER 17, 2024

Imagine having access to top-tier financial expertise without the full-time cost. That's precisely what CFO Support Services offers. In today's fast-evolving business landscape, financial acumen is not just a luxury but a necessity for growth and sustainability. Entrepreneurs and small-to-medium business (SMB) owners often juggle multiple roles, and strategic financial management is frequently overlooked.

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219

Accounting Today

OCTOBER 18, 2024

Starting in January, cryptocurrency will need to be reported to the IRS on an account-by-account basis versus the "universal wallet" approach most had been using.

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Accounting Accounting Tax 328

FinOps Foundation

OCTOBER 16, 2024

Key Insight: FinOps is continuing to shift from managing cost as an operational afterthought to a key consideration in the product design process. Data-driven business conversations about what to build, which features to include, and where to build it are now happening before engineers are handed requirements to start developing. FinOps teams can estimate, monitor, and optimize the unit cost of a product or service from inception to help drive cost-aware product decisions before architecture beg

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FinOps FinOps Budgeting Billing 130

Intuit

OCTOBER 16, 2024

This year, Intuit Mailchimp employees took to the streets to affirm that “We see you.” I’m Sam Vaughn, a senior program manager at Intuit Mailchimp. I work on employee programs and events, producing activations for Mailchimp and our Atlanta HQ. Most of our employee events happen onsite, so the Atlanta Pride Parade is especially exciting being able to bring the Intuit culture to the community.

QuickBooks 130

QuickBooks 130

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.

Invoicing

Accounting Department

OCTOBER 15, 2024

Navigating the complex world of non-profit accounting can feel like a daunting task for many non-profit managers. The stakes are high as effective accounting not only keeps the organization compliant but also plays a crucial role in fulfilling its mission. For non-profits striving to maximize their impact, understanding and overcoming common accounting challenges is essential.

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Accounting Accounting Financial Reporting 212

Accounting Today

OCTOBER 15, 2024

The National Association of Tax Professionals criticized an ad promoting Intuit's TurboTax full-service option, saying it encouraged taxpayers to leave their professional preparers.

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Tax 325

AvidXchange

OCTOBER 15, 2024

For community association management (CAM) companies, staying updated on industry trends is important for maintaining efficient operations, meeting evolving resident needs, and adopting new technologies. In August 2024, AvidXchange surveyed 500 accounting and finance leaders to learn their top priorities and concerns for 2025. Our “ 2025 Finance Focus ” guide shares details on the top seven trends that emerged from their responses.

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Invoicing Accounting Accounting Accounts Payable 98

Bookkeeping Essentials

OCTOBER 17, 2024

For the work from home business owner who does their own bookkeeping, learning QuickBooks® tips to avoid beginner mistakes makes your life a whole lot easier!

Data Entry 104

Data Entry QuickBooks Bookkeeping 104

Accounting Today

OCTOBER 18, 2024

So far, around 150 federal disaster declarations have already been announced for 2024, involving 44 states, two territories, and half a dozen Native American tribes or bands.

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Tax 321

Compleatable

OCTOBER 18, 2024

A Life-Changing Decision: From Accountancy to Charity Work When I graduated from university, I found myself at a significant crossroads. Should I immediately dive into my accounting career, taking on audit training and pursuing the Chartered Accountant exams, or should I take a step back to give something back to society? Much to my family’s dismay, I chose the latter and spent the next two years working at a night shelter charity for homeless men in Leeds.

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AP Accounts Payable Accounts Payable Invoicing 100

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.

Insightful Accountant

OCTOBER 16, 2024

In the aftermath of Hurricanes Milton and Helene, the Internal Revenue Service today cautioned taxpayers of scammers who use fake charities to gather sensitive personal and financial data from unsuspecting donors.

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Billing Platform

OCTOBER 18, 2024

Invoice billing software encompasses more than just sending an invoice. It’s at the very center of your ability to maintain a healthy cash flow. If you’re still managing invoices manually or using an outdated billing solution, chances are you’re encountering payment delays. Make Payment Delays a Thing of the Past Your goal is to generate revenue, and a healthy business relies on a steady stream of revenue.

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Billing Invoicing Purchase Order Invoice Processing 98

Accounting Today

OCTOBER 16, 2024

Ernst & Young is leveraging its $1 billion investment in talent and technology to expand the use of artificial intelligence and machine learning over the next four years.

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Auditing 321

Compleatable

OCTOBER 17, 2024

Compleat partners with Satago as their Invoice finance solution partner Compleat today announced a new partnership with Satago. This new partnership will give Compleat’s customers access to a leading Invoice Finance management solution with additional benefits of real time credit checking, automated payment chasing & access to flexible finance. “We are thrilled about this partnership with Satago, as it represents a significant step forward for both our companies combining the best

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AR AP Invoicing Accounts Payable 100

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

Nanonets

OCTOBER 18, 2024

Introduction Large Language Models (LLMs), no matter how advanced or powerful, fundamentally operate as next-token predictors. One well-known limitation of these models is their tendency to hallucinate, generating information that may sound plausible but is factually incorrect. In this blog, we will - dive into the concept of hallucinations, explore the different types of hallucinations that can occur, understand why they arise in the first place, discuss how to detect and assess when a model is

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Computation Billing Accounting Accounting 97

Reconciled Solutions

OCTOBER 14, 2024

Risk Awareness Week is chance to assess, understand, and manage potential risks, from cybersecurity threats to financial instability. The post Risk Awareness: A Crucial Initiative for Organizations appeared first on Reconciled Solutions.

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Reconciling 97

Accounting Today

OCTOBER 16, 2024

The Internal Revenue Service says it is processing some 400,000 claims for the Employee Retention Credit, representing about $10 billion of eligible claims.

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Tax 317

Compleatable

OCTOBER 15, 2024

As Q3 of 2024 has drawn to a close, Compleat Software is proud to reflect on a period of impressive growth and success. This quarter has been a landmark for us, driven by exciting customer wins, increased industry adoption, and significant expansion in our supplier network. We’re thrilled to share the details of what has been one of our most transformative quarters to date.

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Accounts Payable Accounts Payable XERO Data Entry 100

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

Insightful Accountant

OCTOBER 13, 2024

Last week we asked you to tell us what you thought about recent Intuit actions and announcements. This week we want to know if you have changed your mind after their 'Showcase' last Thursday. Please take this short survey.

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Reconciled Solutions

OCTOBER 14, 2024

Keep reading to find out how you can use QuickBooks Online to make your collections process even more effective. The post The Art of Getting Paid, Part 3: Using QuickBooks to Manage the Collections Process appeared first on Reconciled Solutions.

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Collections QuickBooks Reconciling Accounts Receivable 91

Accounting Today

OCTOBER 17, 2024

With the November election mere weeks away, there is still time for tax pros to ponder the strategies available to meet the proposals of each candidate.

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Tax 312

Compleatable

OCTOBER 14, 2024

As of recent announcements , independent schools in the UK are facing significant changes regarding VAT. These reforms, part of a broader tax overhaul, could reshape the financial landscape for private education and have far-reaching effects on families, school management, and the wider educational ecosystem. Here’s an in-depth look at what’s happening and how it might affect the sector.

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Budgeting Invoice Processing Tax Invoicing 100

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

Accounting Tools

OCTOBER 18, 2024

There are two major accounting frameworks in use in the world today, which are Generally Accepted Accounting Principles ( GAAP ) and International Financial Reporting Standards ( IFRS ). GAAP is primarily used in the United States, while IFRS has been adopted in most other countries. Though the organizations responsible for these two frameworks have engaged in talks to minimize the differences between the frameworks, there are still several significant differences.

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Financial Reporting Financial Accounting Accounting Accounting 75

Reconciled Solutions

OCTOBER 15, 2024

Want to start paying contractors through QuickBooks Online with ease and simplicity? Here's a complete guide to get you started. The post Q&A: Paying Contractors Through QuickBooks Online appeared first on Reconciled Solutions.

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QuickBooks Reconciling Bookkeeping 81

Accounting Today

OCTOBER 17, 2024

When faster, cheaper, and better may not always be the best.

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Nolan Accounting Center

OCTOBER 15, 2024

It is easy to see that sales are the lifeblood of every business. Financial management can be regarded as the heart of every business, and financial services are the heart’s function. Financial management is, therefore, critical for the health and success of every business. Thus, owners need to determine what financial services a small business may need.

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Financial Services Deposits Financial Records Tax 70

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

OCTOBER 18, 2024

What is a Capitalized Cost? A capitalized cost is recognized as part of a fixed asset , rather than being charged to expense in the period incurred. Capitalization is used when an item is expected to be consumed over a long period of time, typically more than one year. If a cost is capitalized, it is charged to expense over time through the use of amortization (for intangible assets ) or depreciation (for tangible assets ).

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Auditing Accounting Accounting Tax 75

Jetpack Workflow

OCTOBER 17, 2024

Podcast Summary In this episode of Growing Your Firm, host David Cristello interviews Logan Graff , a virtual CPA firm owner ( The Graf Tax Co. PLLC ) based in Central Texas and a rising star on YouTube. Logan shares his journey of starting his firm at the age of 30 and the challenges he faced, including pricing his services competitively despite having less experience than some of his peers.

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CPA Tax Accounting Accounting 65

Accounting Today

OCTOBER 16, 2024

The Allinial Global president and CEO will be succeeding longtime chief Barry Melancon, who is retiring at the end of this year.

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Accounting Accounting 312

Blake Oliver

OCTOBER 18, 2024

Good news! Benjamin F. Borgers, the CPA who faked over a thousand public company audits , is no longer a licensed CPA in Colorado. It only took 5 months.

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CPA Auditing Accounting Accounting 59

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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.

Financial Statements