Remove accountant Remove accounting software Remove Non-Profits
article thumbnail

Is it time to upgrade? Tips for changing accounting systems in 2025

Accounting Seed

Changing accounting systems can feel intimidating. Even if the legacy accounting system you currently use doesnt have the features, speed, or power you need, at least its familiar. Sometimes though, the benefits of switching to new software begins to outweigh the cost of learning a new system.

article thumbnail

Top 10 Financial Considerations for Life Sciences Businesses Looking to Expand Into the United States

Withum

Banking and Financial Infrastructure Companies should establish a US bank account and find a trusted banking partner. Will the US company be financed by the non-US parent company? Will any employees from the non-U.S. Planning for Repatriation of Profits out of the U.S. profits back to the foreign parent company?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

In the blogs: Breathing room

Accounting Today

The Rosenberg Associates ( [link] ): Private equity entered the accounting profession with promises of creating value and fixing many of the pain points in the profession. All rights reserved. A recent paper examines how uncertainty is suggested again by Zilka v. Tax Review Board.

article thumbnail

Your path to accurate, real-time financial reporting

Accounting Seed

Businesses rely on key accounting reports like the P&L statement, trial balance, and balance sheet to provide a high-level view of company performance on a regular basis. For example, When you update a customer record in sales it immediately updates in accounting because that record is one and the same.

article thumbnail

How Xero is supporting digital transformation at Xeinadin Sittingbourne

Xero

Ellie Redfern , Enterprise Account Manager at Xero, recently spoke with Symon Barkway , a partner at the Xeinadin Sittingbourne office and the area managing partner of the North Kent region, on his journey with Xero and why he’s passionate about helping other accounting firms embrace change. Tell us about your firm?

article thumbnail

Tech news: TaxPlanIQ adds new features

Accounting Today

Financial Cents introduces advanced reporting features bohlam - stock.adobe.com Accounting practice management software provider Financial Cents announced a new reporting suite to help firm owners manage their team performance, revenue generation and profitability more precisely. All rights reserved.

article thumbnail

Not for profit (NFP) self-review return: What you need to know

Reckon

The deadline for the new tax reporting requirements for Not For Profit (NFP) organisations with an active ABN is set for 31st March 2025. Under the old way, if you returned $416 or less in taxable income, you retained the tax exemption status and provided a non-lodgement form to the ATO. What does self-review mean for Not For Profits?