AccountingDepartment.com Introduces A New Role: Accounting Manager

AccountingDepartment

AccountingDepartment.com is the leader in outsourced accounting, bookkeeping, controller, and advisory services. company culture, accounting trends accounting industry company news culture

Oracle Streamlines Corporate Bank Account Management

PYMNTS

The company announced Tuesday (July 24) that its Oracle Banking Virtual Account Management solution is now available to corporate banks. The solution aims to simplify banking for businesses with multiple bank accounts in multiple currencies. The tool provides virtual account management (VAM) — a non-physical account used by corporations to manage working capital.

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PSCU Names Two New Account Management Execs

PYMNTS

PSCU, one of the nation’s premier Credit Union Service Organizations (CUSO), has named two new account management executives, as part of what the company calls its continued commitment to delivering a best-in-class experience, according to a press release. Yvonne Stelpflug and Kim Ploof have both been named as managing vice presidents of account management.

Wirecard: Internal Investigation Clears Accounting Manager

PYMNTS

Wirecard, a German payments company, said an internal investigation has cleared its Asia-Pacific accounting manager who was accused of faking transactions to boost revenue numbers. Citing internal documents, FT reported that a senior executive at Wirecard was suspected last year of using forged and backdated contracts in a series of suspicious transactions, which raised concerns about the accounting integrity of the company.

What to include in the preparation of monthly management accounts?

Wellers Accounting

Joe Lennon FCCA highlights the different reporting elements and benefits of management accounts.

SMBs Say Banks Don’t Appreciate Their Business

PYMNTS

Small businesses represent a challenging, but lucrative, customer segment for banks that need to balance customers’ desire for high-touch service with the realities of managing the cost of service,” Bob Neuhaus, Vice President, Financial Services at J.D. And banks that provide an account manager score higher on the satisfaction scale. In fact, overall satisfaction is 112 points higher among SMBs who have been assigned an account manager than among those who do not have one.

Sharpening The Swiss Army Knife Potential Of Mobile Card Services

PYMNTS

Mobile card services could be the Swiss Army knife of card management for consumers, because of the capabilities they can make easily accessible to the customer or business using them. Digital Banking account management banking cash flow digital payments Featured News mobile card services News Ondot

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National Accounting Day 2022

Lockstep

This week, we are celebrating the success of our wonderful customers, because accounting teams are the backbone of every business. Even more so, without the organization and fortitude of the accounts receivable (AR) teams, cash flow would be a “cash trickle.” .

How Recognition and Rewards Impact Employee Engagement and Performance

GrowthForceBlog

based dedicated team that consists of a bookkeeper, staff accountant, and accounting manager…. 5 min read. 41% of companies that use peer-to-peer recognition have seen positive increases in customer satisfaction [1].

Florida Man Accountant Defrauds His Employer for $12 Million, Spent Most of It on Camgirls

Going Concern

Over a period of five years, an accounting manager for the University of South Florida’s University Medical Services Association (UMSA) spent $12,860,744.07 ” Former USF Accounting Manager Sentenced To Ten Years In Prison For Mail Fraud Scheme [ Department of Justice ].

What Can Outsourced Bookkeeping Services Do for My IT Company?

GrowthForceBlog

The day-to-day grind makes it difficult for you to find the time to focus on working on the back end of your business by making sure your financial accounts are up to date. based dedicated team that consists of a bookkeeper, staff accountant, and accounting manager….

How to Provide "View-Only" Business Account Access to Your Outsourced Accountant

FusionCPA

Accountants and bookkeepers are responsible for recording, organizing, and analyzing your business transactions. Most accounting institutions recommend that businesses pay invoices and receive payments directly through their banks.

Meet the Brand: Befree Global Ltd

Accounting Insight

We’re excited to introduce you to Befree Global Ltd, an experienced & reliable outsourced accounting partner across the United Kingdom, Australia, New Zealand and Canada. The post Meet the Brand: Befree Global Ltd appeared first on Accounting Insight News.

Common Accounting Mistakes: Government Edition - Issue #10 Indirect Rate Calculations and Associated Risks

SMBAccountant

As part of any cost accounting management system, rates are determined in order to apply costs that are not directly related to a product or service. Rate changes can also effect management of overspending on contracts. Indirect rates are not exclusive to government contractors.

Is Afterpay a Credit Card?

Snyder

Vendors integrate Afterpay with Xero accounting systems and allow their customers to defer paying for an order or to split the repayment into manageable chunks. There’s a maximum spend limit, which varies between accounts depending on spending habits.

[Webinar] Employee Retention Credits: Qualifications, Benefits & Refunds

KROST

Join Jason Melillo, CPA (Principal – Accounting, ERTC) and Jeff Kamin, CPA (Manager, Accounting, ERTC) as they host a webinar on Employee Retention Tax Credits (ERTC) on Wednesday, February 10th at 9:30AM PST. Jeff Kamin, CPA, ManagerAccounting.

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Three key tips on migrating clients to Xero Payroll

Xero

Prior to landing my dream job with Xero I worked with a few different accountancy practices, from those just starting out with Xero to those much further along on their cloud accountancy journey.

Top 10 Common Accounting Interview Questions with Answers

Simple Accounts

Accounting is one of the most well-liked professions. The number of students choosing commerce as a major in college and accounting-related employment is on the rise. Companies, both big and small, are looking for the finest accountants. . AICPA’s definition for accounting. .

Accounting Practice Management Software: The Top 17 Roundup

Ryan Lazanis

Looking for the best accounting practice management software for your firm? Good news, because this is the ULTIMATE accounting practice management software round-up post. Get to know the top accounting practice management software and why it is essential for your business.

How to Increase Your Afterpay Limit

Snyder

Most accounts begin with a $500 max limit, but once you know how Afterpay works, you’ll realize it’s quite simple to secure a higher facility, which is essential if you want to buy a higher-valued product without relying on your credit card. How Does Afterpay Decide on Account Limits? You’re assigned a maximum spend when you first create an Afterpay account. There are limits on the number of orders you can have on your Afterpay account at any time.

Three tips for planning an amazing Xerocon New Orleans experience

Xero

With a riverfront venue and a summer date, we can’t wait to welcome you – whether you’re a Xero user, or a cloud accounting enthusiast – back for two days of insights, inspiration and networking. Catch up with your Xero Account Manager and team like the good ol’ days.

Common Accounting Mistakes: Government Edition - Issue #10 Indirect Rate Calculations and Associated Risks

SMBAccountant

As part of any cost accounting management system, rates are determined in order to apply costs that are not directly related to a product or service. Rate changes can also effect management of overspending on contracts. Indirect rates are not exclusive to government contractors.

[Webinar] Employee Retention Tax Credits: Qualifications, Benefits & Refunds

KROST

Join Jason Melillo, CPA (Principal – Accounting, ERTC) and Jeff Kamin, CPA (Manager, Accounting, ERTC) as they host a webinar on Employee Retention Tax Credits (ERTC) on Thursday, March 4th at 10:30AM PST. Jeff Kamin, CPA, ManagerAccounting.

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Significant Changes to the Economic Injury Disaster Loan (EIDL) Program Announced by the SBA

KROST

Once you have been approved, log into your SBA account on the portal (Do not apply for another loan), verify additional eligibility, and submit a loan modification to receive up to $2 million.

[Webinar] Employee Retention Credits: Qualifications, Benefits & Refunds

KROST

Join Jason Melillo, CPA (Principal – Accounting, ERTC) and Jeff Kamin, CPA (Manager, Accounting, ERTC) as they host a webinar on Employee Retention Tax Credits (ERTC) on Thursday, March 4th at 10:30AM PST. Jeff Kamin, CPA, ManagerAccounting.

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What Do Payments Managed by eBay Mean?

Snyder

Since eBay’s migration to their own card processing and consolidated payment service is continuing progressively, eBay Managed Payments has become a hot topic for discussion among the sellers community. What are the advantages and disadvantages of payments managed by eBay?

Top 16 Benefits of Automated Accounting

Accounting Seed

When you automate accounting with software such as Accounting Seed, routine accounting tasks get done faster and more accurately. That frees up human accountants for higher-level analysis. What is Accounting Automation? Accounting Reimagined.

How to make the most of the app exhibitors at Xerocon Sydney

Xero

With less than one week to go until Xerocon Sydney, the stage is almost set for the world’s most beautiful and innovative cloud accounting conference of 2022.

Four tips for planning an amazing Xerocon London experience

Xero

With a swish new venue and a summer date, we can’t wait to welcome you – whether you’re a Xero user, or a cloud accounting enthusiast – back for two days of insights, inspiration and networking. . Catch up with your Xero Account Manager.

Common Accounting Mistakes: Government Edition - Issue #4 Documentation to Prove It!

SMBAccountant

What documentation do you have that proves all purchases are approved by a supervisor or manager before they are made? Approved purchase orders provide great supporting documentation for approval of purchases, as well as help accounting manage cash flow and billing. Most accounting software allows attachments to each transaction now. We highly recommend this, so that each accounting entry has the supporting documentation accessible with a couple clicks.

Common Accounting Mistakes: Government Edition - Issue #4 Documentation to Prove It!

SMBAccountant

What documentation do you have that proves all purchases are approved by a supervisor or manager before they are made? Approved purchase orders provide great supporting documentation for approval of purchases, as well as help accounting manage cash flow and billing. Most accounting software allows attachments to each transaction now. We highly recommend this, so that each accounting entry has the supporting documentation accessible with a couple clicks.

Netsuite vs. Quickbooks: Accounting Software Comparison

inDinero

One of the most critical aspects of running your own business is accounting. That’s why 71% of businesses rely on outsourced accounting to help them track their financial data. However, even with an accountant, you still need a way to keep records. Accounting

What is Client Accounting Services?

KROST

Did you know that we provide Client Accounting Services (CAS)? CAS can be a cost-effective way to have high-level financial reporting without having to hire a team of Certified Public Accountants and accounting professionals. Client Accounting Services. Wealth Management.

That’s a wrap on Roadshow Australia 2022!

Xero

What a hectic few years we’ve all gone through, and the accounting and bookkeeping community has undoubtedly faced some of its toughest challenges yet. That’s right – the Coachella for accountants, the Burning Man for BAS agents, is back (and better than ever) this September.

Product wrap from Xerocon New Orleans 2022

Xero

It was the perfect location to reconnect with our valued accounting and bookkeeping partners, and share some exciting plans for new tools and features designed to make inventory management, bank reconciliation and tax management simpler and more seamless.

BNPL Provider Openpay Launches In US

PYMNTS

The target customers, according to the release, are "finance-savvy and of an older demographic who use Openpay plans as a cashflow management tool.". Michael Eidel , CEO and managing director of Openpay, said in the release that the U.S.

Are You Hiring? Maybe Paro Is The Answer.

RitaKeller

Some firms have turned to Paro to obtain experienced tax and accounting skills. Paro is a talent marketplace for US-based accounting professionals (freelancers). “We wanted to create a platform where freelancers could connect with the right client.”

Fueling Retail, Card Innovation With Digital Technologies  

PYMNTS

65.8%: Portion of debit-centric consumers who want card apps to offer easier account management. Livestreaming online shopping is finally gaining momentum in the United States, via an evolving business model from Glamhive.

[Second Session] PPP Second Draw Loan Program & the Revised Employee Retention Credit – Eligibility and Process Webinar

KROST

Paren Knadjian ( Practice Leader, M&A, and Capital Markets ), Stacey Korman, CPA ( Principal ), Sossi Bekarian, CPA ( Senior Manager ), and Jeff Kamin, CPA ( Manager, Accounting, ERTC ) hosted a second session on the PPP Second Draw Program & Employee Retention Credits webinar.

Accounting for a Retail Store: an Ultimate Guide

Snyder

That means hiring a knowledgeable staff that can assist with accounting tasks. The good news is that there are several accounting processes you can do yourself. Let’s take a look at the areas of accounting you can do on your own and the best ways to do them.

KROST Quarterly Magazine: The Technology Issue, Vol 4, Issue 2, is Now Available!

KROST

The Technology Issue highlights some of the hot topics in the technology industry including Client Accounting Services (CAS), Nonfungible Tokens, the Effect of Upcoming Changes to IRC Section 174 on the Software Development Industry, and more. Kniss, CPA, Managing Principal.

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How Much Does a Bookkeeper Cost?

xendoo

Running a small business is a big job and you may not have the time or experience to manage your own books. There’s no set cost for hiring a professional to manage your business’s finances. Some factors that affect what accountants charge include: . Reconcile bank accounts.

[WEBINAR] PPP Second Draw Loan Program & the Revised Employee Retention Credit – Eligibility and Process

KROST

Paren Knadjian ( Practice Leader, M&A, and Capital Markets, PPP Forgiveness ) and Jeff Kamin, CPA (Manager, Accounting, ERTC) will host a free webinar on the PPP Second Draw Program & Employee Retention Credits. Paren and his team at KROST have assisted over 350 entities in procuring, managing and obtaining forgiveness for more than half a billion dollars of PPP, EIDL, and Main Street loans. Jeff Kamin, CPA, ManagerAccounting. Accounting.