Accounting Today

OCTOBER 14, 2024

Changes are only accomplished if the firm leaders are committed to improvements.

accounting system 78

accounting system Account accountant accounted 78

GrowthForceBlog

APRIL 6, 2023

7 min read Selecting an accounting software solution for your architecture firm can be an overwhelming process.

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accounting system Account accountant accounted 97

GrowthForceBlog

NOVEMBER 27, 2023

With so much difficulty facing nonprofit leaders, struggling to keep up with the bookkeeping and accounting tasks of the back office doesn't need to be added to the list of struggles.

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GrowthForceBlog

MARCH 1, 2023

In your back office, there are countless software systems and advanced tools that you can implement to automate back-office processes such as data collection, data categorization, reporting, expense tracking, time tracking, and more.

accounting system 97

accounting system Account accountant accounted 97

SMBAccountant

OCTOBER 7, 2020

This requires a detailed job costing within an accounting system for which many contractors are not prepared. These oversight bodies are not typically concerned with a contractor’s accounting system during a phase I award because of the fixed price. This type of contract requires detailed tracking of costs.

Account 246

Account accountant accounted accrual accounting 246

CPA Practice

MAY 3, 2024

Wolters Kluwer Tax & Accounting (TAA), a global leader in professional information, software solutions, and services, today announced plans to deliver new AI-enabled capabilities to tax and accounting professionals, as part of its innovation strategy centered on firm intelligence.

accounting system 102

accounting system Tax Account accountant 102

TaxConnex

JULY 18, 2024

Returns/Credits Returns and credits should be clearly identified in your accounting system. Ensure these bad debts are clearly identified and documented in your accounting system. These invoices provide detailed records of your transactions and are essential for verifying taxable and non-taxable sales.

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audit Sales Tax tax return 264

RogerRossmeisl

AUGUST 2, 2021

Potential risks Your restaurant may have high transaction volumes but lack the technology linking point-of-sale, inventory and accounting systems. So now isn’t the time to drop your guard. This leaves gaps for fraudsters to exploit.

CPA 246

CPA accounting system Sales Technology 246

SMBAccountant

NOVEMBER 4, 2020

Quality management and accounting systems go hand in hand, especially when it comes to managing government contracts. Accurate indirect rates and a quality accounting system are also valued by the customer. Both situations are not ideal and interrupt cash flow, which is critical for small businesses.

Government 246

Government Account accountant accounted 246

GrowthForceBlog

FEBRUARY 21, 2025

Robust accounting software, such as Sage Intacct or even QuickBooks, integrates with a long list of. Simplify Closing the Books: Year-end accounting for SMEs doesn't have to be stressful. The most cost-effective back-office strategy.

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CPA Practice

OCTOBER 31, 2024

Eighty-eight percent of respondents stated it’s “very important” for compliance automation software to connect with platforms they already use, such as ecommerce, payroll, and accounting systems.

Sales 116

Sales Tax accounting and finance bookkeeping 116

SMBAccountant

DECEMBER 16, 2020

For tax purposes, guidance may be different, but for this article’s purpose, the methods of recording R&D in a contractor’s accounting system will be discussed. More information regarding these programs can be found at sbir.gov/about.

Government 246

Government Account accountant accounted 246

Withum

DECEMBER 9, 2024

Rethink your entire accounting system: Businesses change and grow over time and their accounting needs do as well. With this announcement and the necessary action, it is a great time to consider moving to a more robust accounting software such as Sage Intacct , Microsoft Business Central or NetSuite.

quickbooks 59

quickbooks NetSuite accounting system accounts payable 59

Xero

MARCH 19, 2025

Regardless of the method, your customer usually has to manually enter the data into their accounting system. eInvoicing streamlines the process by sending an invoice directly from your accounting system to your customers accounting system. What are the benefits for UK businesses?

Government 82

Government accounting system Tax Account 82

Withum

DECEMBER 2, 2024

Ultimately, the modified cash basis offers a flexible accounting solution, allowing businesses to maintain more straightforward reporting while achieving a more accurate financial picture than cash-based accounting alone. Let’s Chat The post Understanding Cash vs. Accrual Accounting appeared first on Withum.

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accrual accounting Account accountant accounted 105

Withum

MAY 5, 2025

Withums Outsourced Accounting Systems and Services (OASyS) Team specializes in working with companies to successfully navigate them through their financial statement audit. Looking for a broader overview of audit types and how they apply to different business needs? Explore our general audit preparation guide and video.

financial statements 71

financial statements audit auditor general ledger 71

TaxConnex

NOVEMBER 30, 2021

The challenge in achieving this is that source systems change, new billing systems are implemented, e-commerce applications are incorporated into the business, or you may acquire a company with completely different accounting systems. Most billing systems can automatically generate a report in a specific file format.

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E-commerce tax return Sales Tax 246

Accounting Insight

NOVEMBER 1, 2024

New research released today, by UK accounting software provider iplicit, has revealed that the fear of losing historical financial data is the major barrier to upgrading from legacy accounting systems. By sticking with legacy software, finance leaders are likely to be holding their organisations back.

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Finance accounting and finance accounting software accounting system 52

TaxConnex

MAY 12, 2022

Tax Data Reports - In a perfect world, all of your sales tax calculations will be managed in one system, and you will be able to produce a single report each month that provides details with all of your sales and use tax liabilities.

Sales 264

Sales Tax E-commerce general ledger 264

Withum

APRIL 15, 2025

Are you tired of juggling multiple platforms to keep your e-commerce and accounting systems in sync? The Power of Pre-Configured E-Commerce Connectors Pre-configured connectors are designed to bridge the gap between your e-commerce and accounting systems. Youre not alone.

E-commerce 52

E-commerce Account accountant accounted 52

Withum

JANUARY 30, 2025

Author: Deepa Patel , CPA | deepa.patel@withum.com Contact Us Get in touch with our Outsourced Accounting Systems and Services Team today to ensure your financial statement audit preparation is on track. Let’s Chat The post Financial Audit Preparation Steps: Expert Tips for An External Audit Process appeared first on Withum.

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Withum

APRIL 14, 2025

Are you utilizing the appropriate accounting systems and tools to minimize errors and ensure a timely financial close? Is there a comprehensive chart of accounts that clearly defines the purpose of each account, and ensure vendors are configured with default posting accounts to streamline the financial close process?

accounting system 52

accounting system accounting software CPA Account 52

SMBAccountant

AUGUST 12, 2020

Accounting policies and procedures can reach into almost every department, area, or responsibility, so they need to be communicated and monitored often. If there is ever an audit by DCAA of the accounting system or any portion of it, the policies and procedures will be reviewed.

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Government accounting principles Account accountant 190

CPA Practice

FEBRUARY 14, 2024

From online tax and accounting systems, practice management, document automation and workflow tools, to apps for collaboration, mobile productivity and research. Each year, readers get the opportunity to show their support for the programs, hardware, services, and other technologies they use and trust.

Technology 126

Technology Construction accounting system payroll 126

Basis 365

NOVEMBER 14, 2024

Coordinate with Accounting: Keep the accounting team informed of project progress so they can invoice immediately upon milestone completion if they generate invoices. If operations generates the invoices, ensure the system automates the process if getting that invoice into the accounting system so it's on their radar.

accounting system 59

accounting system B2C Account accountant 59

TaxConnex

SEPTEMBER 15, 2022

If you discover a problem with your accounting system or a significant gap in taxability during a specific period during the audit statute, you will want to avoid sampling that period(s) if possible. For example, you may recognize that you lack the appropriate exemption certificates on file.

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audit Sales Tax auditor 242

Acterys

FEBRUARY 11, 2025

Limited AAD B2B support, single sign on ~ Front end Modelling Web browser-based modeller for business users to build and maintain models.

Approval Workflows 130

Approval Workflows audit Government B2B 130

MyIRSRelief

OCTOBER 2, 2023

Businesses are subject to a variety of tax laws, and accounting and bookkeeping help you ensure that you’re meeting all of your tax obligations. If you ever need to raise money for your business, investors and lenders will want to see that you have a good accounting system in place. To secure funding.

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tax services bookkeeping bookkeeping services Tax 130

SchoolofBookkeeping

APRIL 3, 2025

When it comes to managing your accounting system, the Audit Log in QuickBooks Online (QBO) is the unsung hero you didn’t know you needed. The Audit Log in QBO is your backstage pass to understanding all the changes made in your accounting system. What is the Audit Log?

quickbooks 52

quickbooks audit accounting system payroll 52

TaxConnex

NOVEMBER 14, 2023

In this case, you might be able to leverage your existing accounting system. But if you have many products in many states and hundreds of invoices a month, it becomes harder to manage sales tax obligations inside an existing accounting process or even inside an existing eCommerce shopping cart.

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Sales Tax Connecticut Colorado 262

Cherry Bekaert

NOVEMBER 1, 2024

The not-for-profit membership association partnered with Cherry Bekaert for a comprehensive diagnostic assessment of its people and technology, which led to outsourced accounting services and the implementation of Sage Intacct accounting system, along with bill pay, expense reporting and budget systems.

Non-Profits 52

Non-Profits Technology audit accounting system 52

TaxConnex

APRIL 13, 2021

Tax Data Reports - In a perfect world, all your sales tax calculations will be managed in one system and you will be able to produce a single report each month that provides details with all of your sales and use tax liabilities.

Sales 246

Sales Tax E-commerce general ledger 246

Cherry Bekaert

NOVEMBER 6, 2023

If you have any questions specific to your situation, our GovCon consultants are available to discuss your situation with you. Contact us.

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accounting standards cost accounting Account accountant 110

RogerRossmeisl

FEBRUARY 18, 2024

Gaps for exploitation Your restaurant may have high transaction volumes but lack the technology linking point-of-sale, inventory and accounting systems. To protect your business from ill-intentioned employees, customers and vendors, take steps to fortify your restaurant against fraud. This leaves gaps for fraudsters to exploit.

CPA 127

CPA accounting system Sales Technology 127

CPA Practice

NOVEMBER 11, 2024

Validis : With notable improvements in financial statement ingestion, the ability to read financials from all accounting systems, and a preliminary partnership with Suralink , this audit support product may be the most improved year over year. TeamMate : Provides a suite of audit management and analytics tools.

accounting firms 111

accounting firms Technology Account accountant 111

Going Concern

OCTOBER 15, 2024

We realize the decision to run maintenance on IRS systems likely isn’t made by anyone who understands deadlines but surely someone who does could inform the IT department of these important dates to prevent shutdowns during critical time periods? It feels like this happens every year. This is fine. A holiday weekend no less!

Tax 69

Tax CPA accounting system accountant 69

Accounting Seed

APRIL 24, 2025

Why KPS3 made the switch to Accounting Seed The team needed an accounting system that worked with their operations, not against them. Thats when they moved to Accounting Seed, a Salesforce-native solution that allowed them to ditch spreadsheets, eliminate double entry, and gain visibility across departments.

NetSuite 52

NetSuite Account accountant accounted 52