Acterys

FEBRUARY 14, 2023

As the amount of data increases, organizations want to invest in a complete planning solution that can connect to multiple data sources, extract, and optimize data models, and offer accurate demand forecasts that can help manage optimal inventory levels. Let’s get started. How to Perform Inventory Planning?

Technology 130

Technology Start-ups Manufacturing Finance 130

Xero

OCTOBER 24, 2023

This guest blog was written by the team at ecommerce accounting integration, Amaka. Consider running reports for the sales period in Xero–for example, a report that shows your sales by product for a selected date range. The post How small businesses can get themselves ready for Cyber Monday appeared first on Xero Blog.

E-commerce 103

E-commerce Technology accounting and finance bookkeeping 103

ThomsonReuters

JUNE 16, 2023

Given the ever-changing regulatory landscape , increase in client expectations , and ongoing war on talent , keeping pace is imperative. It can be easy to get caught up in the day-to-day whirlwind of accounting and meeting clients’ needs. Inaccuracies lead to client frustration, loss of time, and loss of profitability.

Technology 98

Technology Account accountant accounted 98

DuctTapeMarketing

AUGUST 10, 2022

Just create high-quality product pages, write a little content, add a CTA button then sit back and see if it works. This means guiding an end-to-end elegant customer journey, where the role of the website content strategy is to increase somebody's trust and likability until they are ready to pay. Keep it simple.

Start-ups 262

Start-ups Non-Profits Technology audit 262

Basis 365

MAY 30, 2023

Outsourced accounting services have become increasingly popular in recent years, but how do they impact a company's profitability? In this blog post, we will explore the benefits of outsourced accounting and how it can increase profitability. This can result in lower overhead costs and increased bottom line.

Account 52

Account accountant accounted accounting and finance 52

Snyder

OCTOBER 31, 2022

How to start a Shopify business: setting a goal and choosing product ideas for your store. Starting to sell: How to add products to Shopify? How to add a blog to your Shopify store? How to set up product shipping on Shopify? How to start a Shopify business: setting a goal and choosing product ideas for your store.

E-commerce 97

E-commerce Start-ups Tax Sales 97

ThomsonReuters

FEBRUARY 23, 2023

It is how you better understand their goals and develop loyal and profitable relationships. When firms are able to stay within the scope of services, it enables them to reduce waste, increase revenues, and avoid what is commonly known as scope creep. For instance, how many meetings will the firm have with the client each year?

Tax 105

Tax Expense Reimbursements Education Account 105

ThomsonReuters

NOVEMBER 8, 2022

From increasing accuracy to optimizing tax workflow to freeing up time for more value-added activities, technology has transformed the accounting industry—for the better. Adopting an advisory services model backed by accounting technology enables a profitable shift that can result in more sustainable revenue. Automation.

Technology 98

Technology Account accountant accounted 98

ThomsonReuters

FEBRUARY 23, 2023

It is how you better understand their goals and develop loyal and profitable relationships. When firms are able to stay within the scope of services, it enables them to reduce waste, increase revenues, and avoid what is commonly known as scope creep. For instance, how many meetings will the firm have with the client each year?

Tax 98

Tax Expense Reimbursements Education Account 98

Basis 365

MARCH 20, 2023

Inflation can negatively affect a company's financial performance, cash flow, and profitability. In this blog, we'll discuss five business inflation strategies focused on accounting. In the short term, companies may experience an increase in their costs of goods sold, reducing their profit margins.

Account 52

Account accountant accounted bookkeeping 52

Snyder

APRIL 25, 2022

Whether you’re just starting out or have been in the game for a while, good inventory management for small businesses will maximize your profits and minimize expenses. The goal of inventory management is to ensure that you have the products that your customers want and are able to deliver them without any trouble.

E-commerce 98

E-commerce Maine Manufacturing Start-ups 98

ThomsonReuters

JUNE 3, 2021

Improving efficiency, driving automation, and streamlining internal processes are essential for tax and accounting firms looking to better meet increased client demands and, ultimately, generate greater profitability. . This ultimately means greater profitability for your firm, as well as greater accuracy and mitigated risk.

Tax 52

Tax accounting firms Account accountant 52

ThomsonReuters

OCTOBER 6, 2023

Meeting client expectations Improving the 1040 tax preparation process isn’t just about achieving better efficiency; it is also about meeting client expectations for convenience and accessibility. Reducing review time by increasing the efficiency of the review process is a major profitability booster.

tax preparation 64

tax preparation Tax tax return Technology 64

Xero

JULY 20, 2022

Along with helping sole traders streamline the manual, time-consuming elements of online accounting while being self-employed, Xero Go will empower them with the tools they need to meet digital record keeping requirements as part of the upcoming overhaul of the UK tax system: Making Tax Digital for Income Tax Self Assessment (MTD for ITSA). .

bookkeeping 104

bookkeeping accounting and finance bookkeeping services income tax 104

Ronika Khanna CPA,CA

SEPTEMBER 28, 2023

The simple answer is that if you anticipate that your annual gross revenues (total sales) are going to exceed $30,000 and your products or services do not qualify as Exempt or Zero rated (explained below) , then you are required to register for GST/HST and collect sales taxes from your Canadian customers and clients.

quickbooks 98

quickbooks Tax Sales Healthcare 98

Acterys

FEBRUARY 22, 2023

In this blog, we look at three main reporting types that FP&A teams must use to monitor the financial health and performance of a business. Income statement An income statement, also known as a profit and loss statement, shows a company’s revenues, expenses, and net income over a specific period, such as a quarter or a year.

financial statements 130

financial statements accounting and finance Sales Finance 130

Xero

JUNE 22, 2022

The report revealed that adopting technology has had a positive impact for 94 percent of advisors, with the top benefits including time savings, increased efficiency, and improved client relationships. . Everperform is an app that generates real-time performance insights across productivity, wellbeing and relationships within your practice.

Non-Profits 86

Non-Profits Technology bookkeeping Start-ups 86

ThomsonReuters

AUGUST 15, 2023

Not only can advisory services help drive growth and profitability for the firm, but they can also provide more value to clients. To help firms get started, this blog will provide three tips that will enhance their advisory services: value-based pricing, client-centric services, and utilizing Thomson Reuters Practice Forward ®.

accounting firms 52

accounting firms Account accountant accounted 52

ThomsonReuters

JANUARY 24, 2023

Driven by the widening range of stakeholders calling for ESG prioritization, an influx of laws and regulations pertaining to ESG, and a rise in ESG investment products, companies are increasingly setting their sights on ESG-related initiatives, such as audit certification. In fact, an article by global management consulting firm McKinsey and Co.,

audit 59

audit auditor Tax accounting firms 59

ThomsonReuters

OCTOBER 9, 2022

To help companies committed to these principles achieve their ESG goals, Thomson Reuters recently sponsored a webinar discussion with several global trade experts including Virginia Thompson, Senior Product Manager, ONESOURCE Global Trade, Thomson Reuters. From cost center to profit opportunity.

Technology 59

Technology Agriculture Virginia Government 59

Mark Lee

FEBRUARY 6, 2024

It’s an all too common scenario and I’m pleased to say that there are little tricks you can adopt that increase the prospect of such people saying ‘yes please’ rather than ‘no thanks’ (or just leaving you waiting for ages as they don’t want to be seen to have rejected you).

Non-Profits 98

Non-Profits Account accountant accounted 98

Xero

SEPTEMBER 7, 2022

If you missed it, here’s a recap of the product highlights. With Single Touch Payroll (STP) Phase 2 on the horizon for our Australian customers, we dived into the tools we’re building in Xero to make it easy for you to meet the new STP Phase 2 filing requirements. Simplifying people processes with Xero and Planday.

payroll 99

payroll general ledger bookkeeping audit 99

Ryan Lazanis

APRIL 4, 2022

Project your profit margin at that future date (backed with a forecast). Chapter 2 – Create a Productized Service Offering After your strategic plan for your accounting firm is in place, it’s time to get your accounting and bookkeeping services out to the world. What is a Productized Service?

bookkeeping 98

bookkeeping bookkeeping services accounting firms Technology 98

Ryan Lazanis

APRIL 18, 2023

1) Increased Efficiency and Productivity AI makes it easier to do repetitive accounting tasks, which frees up time for more important tasks. This makes workers more productive and efficient because they can focus on what they do best. This approach will help businesses minimize risks and maximize the benefits of accounting AI.

Account 96

Account accountant accounted Technology 96

ThomsonReuters

AUGUST 3, 2023

This reduction in context-switching not only saves time but also preserves mental energy and cognitive resources, allowing professionals to maintain their productivity and creativity throughout the workday. Are you looking to improve profitability by becoming more specialized?

accounting firms 98

accounting firms Account accountant accounted 98

ThomsonReuters

JANUARY 30, 2023

When firms have access to a singular platform that drives automation and improves tax reporting efficiencies, they are better positioned to meet client expectations quickly and accurately.

Tax 59

Tax corporation tax Technology tax return 59

Menzies

JUNE 19, 2023

However, with reduced labour supply, the decline of cash (and subsequent increase in bank fees), a slow recovery from the supply chain crisis, and inflation, that growth has been slowing. And as the cost of wage bills and energy bills increases, profit is declining. Businesses are having to pay more to acquire talent.

Hospitality 52

Hospitality Technology chartered accountant Gaming 52

ThomsonReuters

JANUARY 18, 2024

Additionally, depending on the type of firm, accountants may be involved in more advisory-centric responsibilities, such as analyzing financial data and providing clients with strategic guidance and recommendations on how to reduce costs and boost profitability. Accountant responsibilities extend far beyond number crunching.

Account 59

Account accountant accounted tax preparation 59

ThomsonReuters

FEBRUARY 9, 2023

In an era of staffing shortages and increased burnout, software designed for accounting firms can save you time and alleviate stress by transforming daily workflow, boosting efficiency, and freeing up time to focus on more strategic tax work. Those who are, however, can tackle the challenges of tax season with ease. The result?

Tax 59

Tax tax return Technology accounting software 59

ThomsonReuters

SEPTEMBER 25, 2023

How AI can bring about change in tax professional advice AI can create opportunities for gains in productivity and internal efficiencies, such as more effective and faster client communications and service as well as improvements in giving clients strategic business guidance.

Tax 52

Tax Non-Profits Technology Account 52

Xero

JULY 21, 2022

What an incredible couple of days it’s been at Xerocon London, kicking off the product update with the launch of our exciting new product for sole traders, and watching as our teams share the latest tools and features in Xero. If you’re not sure how to get started, we suggest opening the new Profit and Loss report in Xero.

bookkeeping 67

bookkeeping Start-ups Tax payroll 67

ThomsonReuters

DECEMBER 29, 2022

Companies are facing an ever-increasing burden of corporate tax compliance and the pace of complexities shows no sign of slowing. Capacity: These represent sizable projects that can be daunting for some firms given staffing constraints they may be facing, as well as increased regulatory pressure. percent from 2022 to 2030.

corporation tax 59

corporation tax Tax income tax tax return 59

Snyder

SEPTEMBER 9, 2022

Shopify dropshipping is a popular e-commerce business model that allows anyone to sell physical products without having to own any stock. Shopify is the leading multinational e-commerce platform that allows an entrepreneur to launch their own online store and start promoting, selling and shipping their physical or digital products.

E-commerce 98

E-commerce accounting and finance Start-ups Finance 98

Xero

MAY 30, 2022

Xero hasn’t just created a product, they’ve created a platform where small businesses can join the dots between their problem and the app that can help them solve it,” says David Watson, Fathom Director and Co-Founder. The first week of January 2022 alone saw an increase of 400%. That adds up to 430 hours per year.”

bookkeeping 108

bookkeeping Technology accounts payable accounting and finance 108

ThomsonReuters

JULY 6, 2023

The guidance you provide can help streamline accounting processes , improve profitability, and enhance overall decision-making. For example, how many meetings will the firm have with the client each year? When will those meetings take place? It is also important to clearly explain how the client relationship will work.

Account 88

Account accountant accounted tax return 88

Xero

SEPTEMBER 8, 2022

After a meeting with a local accountant, GD Matthews, the conversation turned to Xero. “My Every client will receive a Profit & Loss (P&L) report for the previous completed calendar month, with the two previous months included as a comparison.”. I have also found this makes my team a lot more productive.”.

bookkeeping 98

bookkeeping Start-ups Education Account 98

Acterys

JUNE 16, 2023

In this blog, we will delve into the world of financial budgeting, planning, and forecasting and provide practical tips and strategies to take control of your business’s financial health. For example, if you aim to launch a product by the end of the year, you should build your budget to ensure you have enough funds to facilitate that launch.

Finance 130

Finance accounting and finance Sales Start-ups 130