Shay CPA

APRIL 26, 2023

When compared to traditional small businesses, early-stage technology startups have nuances that they need to consider when putting together their financial statements and chart of accounts. Beyond that, the right chart of accounts contains information that the management teams can use to make important decisions.

Technology 52

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CPA Practice

AUGUST 17, 2023

With the rise of generative artificial intelligence (AI), including ChatGPT, the accounting industry, like many others, is abuzz with talk about how the technology will redefine the future of the profession. However, there’s often confusion around where and how automation can be leveraged and what it means to existing roles.

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Ryan Lazanis

SEPTEMBER 1, 2023

If you want to see the best cloud accounting software apps all in one place, then you’ll LOVE this ultimate list. In it, I’ll be sharing 147 of the best cloud accounting software apps on the market. Each item in the list will contain a brief description and will focus on how you can level up your accounting automation.

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Accounting Seed

FEBRUARY 3, 2023

Here’s how to take control What was once a gentle push and recommendation to take your accounting to the cloud has become a mandate. Many of the big-name accounting software providers such as QuickBooks are officially ending support for desktop solutions. Do you need multiple apps to make your accounting system work as desired?

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CPA Practice

OCTOBER 3, 2023

Stampli , a provider of AI-powered accounts payable automation, today announced that it has raised $61 million in a Series D venture funding round led by funds managed by Blackstone, with the participation of existing investors Insight Partners, SignalFire, Bloomberg Beta, and NextWorld Capital.

AP Automation 59

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Basis 365

MARCH 6, 2023

If so, consider outsourcing your accounting tasks. In this article, we'll explore the benefits of outsourcing accounting, including outsourced bookkeeping and outsourcing to an accountant. Access to Expertise One of the most significant benefits of outsourcing your accounting tasks is access to expertise.

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PYMNTS

OCTOBER 14, 2016

13) said American Express is teaming up with QuickBooks to provide joint SME clients with financing for supplier payments. Through their collaboration, American Express will integrate its Working Capital Terms solution into QuickBooks Online for small businesses that are already using American Express OPEN Business commercial cards.

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Snyder

OCTOBER 18, 2022

For decades, bookkeepers and accountants have taken on the monotonous task of manual data entry. Before the existence of Quickbooks sales receipts, we pulled daily sales reports by hand; entered and reviewed sales, refunds, and fees ourselves; and recorded journal entries manually. As technology has advanced, so have accountants.

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PYMNTS

JANUARY 19, 2021

Plastiq , an intelligent payments services provider for businesses, is integrating Intuit QuickBooks to help businesses save time and money, according to a press release emailed to PYMNTS. The combination will offer a “seamless, automated way to reconcile payments, bills and invoices” with a company’s accounting system, the release stated.

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CPA Practice

APRIL 15, 2024

Sangeeta Chhabra CPAs and finance professionals today understand the importance of transparency and collaboration; however, lack of uniformity acts as an obstacle to seamless coherence in data management processes. Barriers to AI adoption in accounting The accounting profession has historically had a culture where data plays a prominent role.

CPA 122

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Withum

JANUARY 18, 2023

But with a good amount of research and technology investment in advance, the process can run much smoother. ERP systems and back-office finance operations can be overlooked when companies are going through major growing pains with fires to put on a regular basis. Author: Chris Higgins | chiggins@withum.com. Contact Us.

Technology 75

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Shay CPA

JUNE 22, 2023

Here are some takeaways from our training that can help our finance leaders in the technology space. Deferred Revenue: Deferred Revenue is finally available in QuickBooks Online Advanced. We find that tech companies may have already signed contracts or begun service without invoicing.

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Shay CPA

FEBRUARY 14, 2024

By giving you a heads-up in some key areas, we can make filing your tech company’s 2024 taxes a whole lot easier — and less stressful. He teed up a few tips to help you avoid unwelcome surprises as you navigate your 2024 tech company tax filings. Dial in Your Accounting System You don’t need to sink a ton of hours into your accounting.

Technology 52

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PYMNTS

AUGUST 12, 2020

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. Finance administrators and project managers both benefit from automation of the accounts payable process.

AP Automation 69

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Basis 365

SEPTEMBER 14, 2022

These four accounting tips will increase your consulting company's profitability. QuickBooks Time for time tracking We recommend QuickBooksTime as a time-tracking tool to help you run a more profitable consulting company. QuickBooks Time offers both a desktop timesheet app and a mobile version.

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CPA Practice

APRIL 17, 2023

While the economy and supply chains may still have some hiccups related to the end of the pandemic, one thing is clear: The demand for the services of accounting, finance and tax professionals is growing strong. Unfortunately, there’s also a “critical talent shortage,” says Tom Hood, CPA, a vice president with the AICPA. ( [link] ).

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Going Concern

OCTOBER 20, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Early-career hires are set to account for the majority of job losses in some teams, as Deloitte retrenches following a slowdown in demand. Welsh said. Welsh said. Here’s how it landed on a 4.5-day

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PYMNTS

NOVEMBER 2, 2018

Payroll technology firm ADP is strengthening its integration into Intuit ‘s QuickBooks platform, the company said Thursday (Nov. In another statement, Intuit’s Global Partnership and Platform Lead Kyle Jenke said the deepened integration with ADP aims to provide more time for accountants.

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PYMNTS

JULY 30, 2020

Corporate spend management company Center unveiled a Mastercard -powered Center® Corporate Credit Card and a QuickBooks Online Connector on Thursday (July 30). The firm said the new functions will let finance departments bolster accounting accuracy, receive working capital, and accelerate expense deployments, according to an announcement.

Spend Management 56

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CPA Practice

MAY 8, 2024

As the business world sees a paradigm shift in the form of technological innovations, global operations, and government regulations, traditional roles and responsibilities of professionals are evolving for the better. Adoption of technology The days of manual bookkeeping are fading away.

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Accounting Seed

FEBRUARY 7, 2023

Here’s how to take control What was once a gentle push and recommendation to take your accounting to the cloud has become a mandate. Many of the big-name accounting software providers such as QuickBooks are officially ending support for desktop solutions. Do you need multiple apps to make your accounting system work as desired?

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Basis 365

FEBRUARY 1, 2024

In the complex world of business, a robust accounting system supports the foundation of financial clarity and control. Whether you're a small startup or a seasoned enterprise, building an optimal accounting system requires careful planning, strategic technology integration, and unwavering commitment to financial discipline.

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PYMNTS

JULY 30, 2020

In an effort to help companies reduce their accounts payable (AP) expenses, Zycus has rolled out artificial intelligence (AI)-powered bots for the last part of the procurement process, according to an announcement. Its technology also includes a supplier portal and an eInvoicing offering.

AP Automation 60

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Accounting Insight

SEPTEMBER 20, 2022

Is your accounting software having a laugh at your expense? It’s the deep devotion that underpins the entire finance function. And yet thousands of organisations are using accounting software that undermines this fundamental credo. No-one is implying that finance departments are being profligate. Nervous about automation?

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Shay CPA

MARCH 29, 2023

By giving you a heads-up in some key areas, we can make filing your tech company’s 2022 taxes gets a whole lot easier — and less stressful. He teed up a few tips to help you avoid unwelcome surprises as you navigate your 2022 tech company tax filings. Technology can — and should — be your ally here.

Technology 59

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CPA Practice

OCTOBER 3, 2023

The focus of the conference was on the nuts and bolts of running a CAS practice and cutting-edge technology solutions from vendors (see below), and there was plenty of information to digest. such as ChatGPT are likely catalysts for change in the accounting profession. Not only would you be their accountant and their advisor.

Technology 59

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PYMNTS

MARCH 17, 2020

Small businesses, particularly those launched by younger entrepreneurs, are often assumed to be a key driver of B2B FinTech innovation as business owners seek sophisticated, automated technologies to run their businesses. SMBs’ Technology Challenge. “They have a hard time using online banking.

Technology 67

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KROST

NOVEMBER 16, 2021

This is one of the articles in the KROST Quarterly Technology Issue, titled “Disruption and Innovation – Streamlining Client Accounting Services (CAS)” by Sossi Bekarian, CPA , and Peter Minaian. Leverage data analytics to make informed decisions based on real-time data via Client Accounting Services (CAS). Bookkeeping.

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Ronika Khanna CPA,CA

SEPTEMBER 3, 2021

Others decided it made sense to use accounting software right at the outset of their businesses. There are situations, especially when you are planning to do your own small business accounting , where it can be significantly beneficial to upgrade your record keeping from a spreadsheet to accounting software. Digital Download.

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PYMNTS

JANUARY 16, 2020

Solution providers in accounts payable (AP) and accounts receivable (AR) are increasingly servicing not only their corporate customers, but their customers’ own business partners with their technologies. Often times, the company using an AR and AP technology is one in the same. Automation Multitasks With AR, AP.

Technology 56

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PYMNTS

DECEMBER 18, 2018

Technology may be enabling automation in small business (SMB) accounting and financial management, but rather than cutting out the need for human accountants in the field, this tech disruption is supporting a change in the profession. Recently, several technology firms have done just that.

Technology 53

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Shay CPA

MARCH 16, 2023

Akshay Shrimanker, our Founder and CEO, recently joined Blake Oliver, David Leary, and a panel of other accounting experts (Mike Moiśe CPA, Matthew May CPA, and Reynaldo Arellano CPA) on a special episode of the Cloud Accounting Podcast. The immediate impact After $42 billion was pulled from SVB accounts, the writing was on the wall.

Technology 52

Technology CPA accounts payable accounting and finance 52

MineralTree

NOVEMBER 16, 2023

Cash Flow from Financing Financing cash flow accounts for cash raised or spent on financial activities like loans, share repurchases, dividends, and similar financial products. Assessing financing cash flow allows you to get a picture of how external financing affects your cash position and debt levels.

AP Automation 84

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Accounting Insight

FEBRUARY 2, 2023

The power of automation is changing the way we work, and expense management is no exception. But still hours of reviewing, checking, and reconciling the paperwork against the spend for the finance team, before they can transfer money to her account as reimbursement. Hannah is a superhero when it comes to saving receipts.

Technology 52

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Going Concern

FEBRUARY 3, 2023

An email sent on Thursday to retired partners of the Big Four accounting firm, seen by the Financial Times, said US executives were considering a request to boost pension payouts or hand the retirees shares in the new consulting business. Louis accounting firms say demand drives surge in hiring for non-CPA professionals [ St.

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Basis 365

MARCH 30, 2023

ARE ALL ACCOUNTING SERVICES THE SAME? COMPARING DIFFERENT ACCOUNTING PARTNERS CAN BE LIKE COMPARING APPLES AND ORANGES. ACCOUNTING SERVICES (OR OFFERINGS) ARE NOT ALL THE SAME. BREAKING DOWN THE DIFFERENT ACCOUNTING PARTNERS YOU MAY BE CONSIDERING AND WHICH ONE IS RIGHT FOR YOU. DON’T OVER- OR UNDER-HIRE.

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CPA Practice

JULY 25, 2023

This webinar will look at common and not so common lies accountants tell themselves. Field of Study: Business Management and Organization Register Today Presented by Ryan Lazanis , CPA founded Xen Accounting, a 100% cloud-based accounting firm, in 2013. Already registered for this webinar? Click here to log in.

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