Accounting Department
JUNE 26, 2024
From a manufacturing perspective, inventory is everything for business owners that can significantly impact their financial well-being. That is why effective inventory management is of utmost importance for manufacturers or other businesses that keep things on the shelves.
Accounting Today
JUNE 26, 2024
Accountants are adding AI tools to their work, saving time and becoming more efficient.
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Insightful Accountant
JUNE 27, 2024
AI in tax prep has boosted efficiency and accessibility. But concerns arise over the reliability of AI-generated tax advice, especially for complex cases.
Billing Platform
JUNE 28, 2024
Did you know that 61% of software as a service (SaaS) companies have adopted usage-based pricing (UBP) ? Also known as consumption-based pricing , pay-as-you-go, time/unit-based pricing, pay per transaction, metered billing , and resource-based pricing, UBP enables customers to pay for products or services based on resources consumed. As the rising star of SaaS pricing, usage-based pricing examples are in every industry.
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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.
Accounting Department
JUNE 28, 2024
We are thrilled to announce that our season 1 finale, Episode 24, of our podcast, Beyond the Books , is now live and ready for your listening pleasure.
Accounting Today
JUNE 25, 2024
Middle-class residents in these states pay a smaller percentage of their paychecks to taxes.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Accounting Tools
JUNE 25, 2024
What is a T Account? A T account is a graphic representation of a general ledger account. The name of the account is placed above the "T" (sometimes along with the account number). Debit entries are depicted to the left of the "T" and credits are shown to the right of the "T". The grand total balance for each "T" account appears at the bottom of the account.
Accounting Department
JUNE 27, 2024
In today’s fast-paced business environment, entrepreneurs and business owners must find ways to streamline operations, improve efficiency, and scale effectively. Traditional enterprise resource planning (ERP) systems have long been associated with large enterprises.
Accounting Today
JUNE 28, 2024
Due to extensive interest, Accounting Today is extending the deadline for submissions for its annual Managing Partner Elite list to the end of the day on Monday, July 8.
Insightful Accountant
JUNE 25, 2024
Earlier this year, Intuit introduced a new version of QuickBooks Online for solopreneurs, it's designed for individuals who submit IRS Form 1040 - Schedule C tax filings.
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.
Accounting Tools
JUNE 22, 2024
What is Other Comprehensive Income? Other comprehensive income is those revenues, expenses, gains, and losses under both Generally Accepted Accounting Principles and International Financial Reporting Standards that are excluded from net income on the income statement. This means that they are instead listed after net income on the income statement. An example of the reporting presentation of other comprehensive income appears in the following exhibit.
Remote Quality Bookkeeping
JUNE 24, 2024
As a business owner, you know that you have a ton of responsibilities. You have to make sure that all of your employees are doing what they need to do to make your company run smoothly, you have to make sure your customers are happy with everything. Who has time to do the bookkeeping? For most businesses, bookkeeping is a necessary evil that they would rather pay someone else to do.
Accounting Today
JUNE 26, 2024
The Internal Revenue Service isn't doing enough to help victims of identity theft receive their tax refunds, according to a report from National Taxpayer Advocate Erin Collins, and its statistics on answering phone calls are misleading.
Insightful Accountant
JUNE 23, 2024
QuickBooks Online Payroll has enhanced functionality related to correction of, late payment of, and backdated payment of paychecks, with fewer 'time out' blocks and greater self-control by ProAdvisors and their clients.
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 Tools
JUNE 22, 2024
What is the Cost of Goods Sold? The cost of goods sold is the total expense associated with the goods sold in a reporting period. The cost of goods sold is subtracted from the reported revenues of a business to arrive at its gross margin ; the gross margin reveals the amount of profit generated prior to selling, general and administrative expenses. Formula for the Cost of Goods Sold The cost of goods sold is calculated by aggregating the period-specific expense listed in each of the general ledg
The Successful Bookkeeper
JUNE 26, 2024
Learn about the launch of the Ask Lisa video series and how it can help bookkeeping business owners!
Accounting Today
JUNE 24, 2024
The Internal Revenue Service switched over from focusing its audits on taxpayers earning $10 million or more to those earning $400,000 or more after passage of the Inflation Reduction Act.
Insightful Accountant
JUNE 23, 2024
QuickBooks Online Payroll has enhanced functionality related to correction of, late payment of, and backdated payment of paychecks, with fewer 'time out' blocks and greater self-control by ProAdvisors and their 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
Accounting Tools
JUNE 22, 2024
What is the Margin of Safety? The margin of safety is the reduction in sales that can occur before the breakeven point of a business is reached. This informs management of the risk of loss to which a business is subjected by changes in sales. The concept is useful when a significant proportion of sales are at risk of decline or elimination, as may be the case when a sales contract is coming to an end.
Enterprise Recovery
JUNE 28, 2024
Certain qualifications and skills can make a difference in your business's financial success. Consider the following traits for your A/R specialist job description and hire someone who will ensure your financial records are solid and your clients pay on time. Here are some key qualities and skills to look for in an accounts receivable specialist.
Accounting Today
JUNE 24, 2024
Test your accounting knowledge on state by state tax burdens, M&A, and more. No. 2 pencil not required!
Outsourced Bookeeping
JUNE 28, 2024
Auditing is like a never-ending game of clues. The culprit stays hidden till the end! Despite being the backbone of a business’s success, auditing can be a daunting and time-consuming process for organizations and individuals regardless of previous experiences. However, with proper preparation, planning, and implementing the right strategy, businesses can breeze through auditing fast and smoothly and even use it to improve the business.
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.
Ace Cloud Hosting
JUNE 26, 2024
Looking for a dose of humor in the midst of tax season? Dive into our collection of the funniest tax memes that will make even the most daunting financial tasks.
Insightful Accountant
JUNE 24, 2024
The IRS has announced it will continue its moratorium on processing new ERC claims, citing concerns over potential fraud and improper claims.
Accounting Today
JUNE 26, 2024
Logan Graf is documenting his accounting firm's journey to eliminating busy season on his YouTube channel.
Outsourced Bookeeping
JUNE 25, 2024
Are you in a financial bind due to invoice errors that are costing you a significant amount of money? The importance of accurate invoicing cannot be overstated. It’s not just about getting paid, it’s about the financial health and reputation of your business. Superficially, invoicing may seem like a straightforward and tedious task that might not require a business owner’s attention.
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.
Economize
JUNE 24, 2024
Introduction to AWS Fargate AWS Fargate is a revolutionary serverless compute engine for containers that simplifies the deployment, management, and scaling of containerized applications. By abstracting away the underlying infrastructure, Fargate allows developers to focus on building and running applications without worrying about server management.
Cloud Accounting Podcast
JUNE 26, 2024
Adam Zaki of CFO.com joins Blake and David to explore the trends reshaping the industry, from AI to the talent shortage. They dive into the murky waters of corporate financial controls and audit practices. They also examine what makes a truly effective CFO in today's dynamic business environment and why authenticity might be the most valuable trait in a leader's toolkit.
Accounting Today
JUNE 27, 2024
The IRS Whistleblower Program paid whistleblowers 121 awards totaling $88.8 million in fiscal 2023, up from $37.8 million the previous year.
RevCycle
JUNE 27, 2024
By this point you’re certainly aware of the changes around the credit reporting of medical debt, which to recap are: Medical debts that have been satisfied will no longer appear on credit reports The amount of time before medical debt can be reported to the credit bureaus has doubled, from 180 days to one year Medical debt in collections of under $500 dollars will no longer appear on credit reports As the graph below shows ( courtesy of Urban Institute ); this has had the intended effect of clea
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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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