ThomsonReuters

FEBRUARY 26, 2024

There are many paths to accountancy, but this is one we don’t hear of often:  Erin Heath   grew up on a cattle ranch in South Dakota, where many of her “ranch-hand” duties sparked her interest in numbers. But it was an introduction to accounting class in high school that paved the way. “It It was love at first sight,” she recalls. “I

CPA 98

CPA South Dakota Nebraska Tax 98

CPA Practice

AUGUST 9, 2023

Year-end is right around the corner, which means quarterlies, tax preparation, and more for accounting firms. You can do this with your website search field or login to your site and search the blog content. I generated this list of 10 email subject lines for business owner tax deductions, which could also be used as blog titles too.

tax preparation 98

tax preparation Tax Entertainment bookkeeping 98

Ryan Lazanis

MAY 18, 2023

In this episode, I want to share 9 ways you can leverage ChatGPT in your accounting firm to save time, reduce stress, and boost productivity. 1:07 – ChatGPT can help businesses save time and generate high-quality blog content by quickly creating informative and engaging posts based on provided topics and details.

accounting apps 98

accounting apps accounting firms Account accountant 98

Xero

NOVEMBER 14, 2023

Many governments around the world are introducing eInvoicing as a way to drive digitisation of the small business economy, with some regions even mandating its use. While it’s still early days in the UK, we expect that eInvoicing will eventually become a global best practice standard and a natural part of the cloud accounting process.

small business accounting software 102

small business accounting software accounting software accounting system bookkeeping 102

Basis 365

MAY 25, 2023

Service-based businesses , such as management consulting firms, marketing agencies, or PR firms, rely on performance metrics to gauge their success. Key Performance Indicators (KPIs) are essential tools that service-based businesses can use to measure their performance, track progress toward goals, and identify areas for improvement.

Management Consulting 104

Management Consulting accounting firms Account accountant 104

Xero

SEPTEMBER 25, 2023

This guest blog was written by the team at the leading bank payment solution, GoCardless. With interest rates at the highest level since 2012 in Australia and costs rising across the board, it can feel like the macro environment is designed to dent you and your clients’ businesses. But it’s not all doom and gloom.

Account 88

Account accountant accounted Start-ups 88

CPA Practice

APRIL 3, 2024

Accounting software company Botkeeper has released its Botkeeper Infinite solution, which helps to streamline automated bookkeeping and back-office accounting for firms of all sizes without the need for outsourcing. Additionally, it allows firms to add services for even greater time savings and efficiency.

Technology 64

Technology general ledger bookkeeping accounting software 64

Basis 365

APRIL 3, 2023

As an e-commerce business owner, it's essential to understand your financials and where your money is going. In this blog post, we'll discuss how to break out Shopify fees for accurate financials and the benefits of outsourced e-commerce accounting. Time Savings: Outsourcing your e-commerce accounting can save you time.

E-commerce 102

E-commerce financial statements Sales Account 102

Xero

APRIL 25, 2024

Xero’s UK Country Manager, Kate Hayward, will be walking you through some of the exciting new initiatives in technology that will soon transform the accounting and bookkeeping industry. You’ll hear an overview of Xero’s business strategy and strategic priorities, and how we’re applying these to benefit our partners.

payroll 62

payroll Technology Education Tax 62

ThomsonReuters

AUGUST 25, 2023

Managing corporate tax depreciation Each tax season, business clients turn to their accountant for assistance in navigating corporation tax depreciation and leveraging every tax deduction they can take to minimize their tax liability. At a corporate tax rate of 21%, the client would save $4,200 on taxes.

corporation tax 98

corporation tax Tax income tax financial statements 98

Reckon

AUGUST 2, 2023

Guest post blog by Catherine Schwartz Today, having more than one income stream is completely feasible. With the help of the internet and a new generation of unprecedented digital advancements, hundreds of thousands of Australians are starting new small businesses or side hustles. The good news for busy people juggling a 9-5?

accounting and finance 98

accounting and finance Non-Profits Start-ups Finance 98

Xero

SEPTEMBER 15, 2023

The one thing accountants and bookkeepers are always short on is time. This can take its toll on accountants, with our recent State of Accounting research in South Africa revealing that two thirds (64%) experience stress as a result of work and face continued challenges like loadshedding (75%) and economic instability (71%).

accounting firms 85

accounting firms Account accountant accounted 85

Ryan Lazanis

APRIL 18, 2023

Artificial intelligence in accounting is currently transforming the industry. Table of Contents What is AI in Accounting? Can AI Replace Accountants? Benefits of Artificial Intelligence How is AI Used in Accounting? In fact, ChatGPT wrote the above description: Can AI Replace Accountants?

Account 96

Account accountant accounted Technology 96

Shay CPA

FEBRUARY 28, 2024

But getting a jump on things now can save you a lot of hassle. When you get organized in advance, you save yourself from needing to race the clock. You need to do your part, too, so make sure you’ve properly recorded any business expenses you made with your personal account. Yes, you technically have until April 15.

Tax 52

Tax CPA bookkeeping tax preparation 52

ThomsonReuters

OCTOBER 4, 2023

Jump to: How many accounting firms use AI? How do smaller accounting firms use AI? In today’s fast-paced business world, ignoring technology is not an option, and the field of accounting is no exception. How many accounting firms use AI? How do smaller accounting firms use AI? For now, not many.

accounting firms 111

accounting firms Account accountant accounted 111

ThomsonReuters

SEPTEMBER 25, 2023

Jump to: AI for firms: operational improvements and new services AI for in-house departments: protect the business and enable growth Client communication benefits through AI AI for firms: operational improvements and new services One of the main benefits of AI is the potential to improve productivity and efficiency.

Tax 104

Tax Account accountant accounted 104

Xero

NOVEMBER 27, 2023

Paying bills is a crucial part of the cash flow equation, and yet it’s usually a very manual process for small business owners. There is also no standardised way for businesses in the UK to pay bills in bulk. We’re the first major small business cloud accounting software in the UK to offer on-platform bill payments using open banking.

Technology 95

Technology accounts payable accounting software Start-ups 95

Xero

JUNE 20, 2023

So in the spirit of Glastonbury, what better week to announce the Save the Date for our own version, a Glastonbury for accountants and bookkeepers: Xerocon London 2024. Save the date for Xerocon London, which will return next year from 12-13 June 2024, hosted at ExCeL in London’s Docklands. Yes, you heard it here first.

bookkeeping 81

bookkeeping Account accountant accounted 81

ThomsonReuters

JANUARY 22, 2024

This legislation is designed to provide crucial support to American job creators, small businesses, and working families. In this blog, we will explore key provisions of the act and their potential impact on taxpayers. Business tax relief The act includes provisions to support businesses and promote economic growth.

Tax 105

Tax business tax accounting and finance payroll 105

Ronika Khanna CPA,CA

MARCH 5, 2024

As of January 1, 2024 Revenue Canada will require all business (except for a handful of exceptions such as some financial institutions and charities) to file their returns electronically. If you have more complex transactions, that I don’t discuss here and you are not sure, I recommend speaking to an accountant. Click on this.

business accounting 59

business accounting Account accountant accounted 59

ThomsonReuters

APRIL 25, 2024

As an accountant, advising your clients on retirement income taxes and related strategies can help them to optimize their financial planning in their golden years. Evaluate the potential benefits of converting traditional retirement accounts to Roth IRAs. Consider pension and annuity payments. Delay Social Security. Pension income.

Tax 52

Tax Account accountant accounted 52

Xero

NOVEMBER 9, 2023

With a week to go ’til Xero Asia Roadshow, we are buzzing with everything we have lined up for our accounting and bookkeeping community. This is what Xero Asia Roadshow 2023 is about – with our community front of mind, we’ll share how Xero can better support you and your small business clients.

bookkeeping 83

bookkeeping Account accountant accounted 83

Xero

AUGUST 7, 2023

Xerocon Sydney is just weeks away on 23 and 24 August, and the ICC exhibitor floor will be full to the brim with some of the best and most loved apps, tools and services for accountants, bookkeepers and small businesses. Amazon Web Services Amazon Web Services offers scalability, security, and savings for businesses of any size.

bookkeeping 91

bookkeeping E-commerce Tax Account 91

ThomsonReuters

NOVEMBER 9, 2023

In an era of staffing shortages and scarcity of technical tax professionals , accounting firms must increasingly look outside the box to fill gaps in talent. Many firms are shifting their hunt for talent beyond the traditional accounting background. There is no doubt that tax professionals are hard to find, let alone replace.

tax planning 105

tax planning accounting firms Tax Account 105

ThomsonReuters

JULY 25, 2023

For today’s accounting firms, advanced technology is no longer an option but a necessity. The most successful accounting firms are making the investment today to optimize growth tomorrow. Let’s take a look at how AI is transforming the way accountants work and why it will help shape the future of the profession.

Technology 98

Technology Tax audit accounting firms 98

ThomsonReuters

APRIL 25, 2024

Keeping up with these changes while ensuring compliance can be a daunting task for accountants, leading to potential errors and inefficiencies in the preparation process. But there is a solution. Additionally, AI algorithms can analyze vast amounts of data to identify tax-saving opportunities and minimize compliance risks.

Tax 52

Tax tax preparation tax planning auditor 52

Xero

MARCH 13, 2024

We know end of financial year is a busy time, so we’ve prepared a quick 10-step checklist to help you cover your bases at the end of FY24 and start the new financial year off strong. Save time on sending invoices and reminders in the new year by using an accounting software that does it for you.

tax return 83

tax return bookkeeping accounting software payroll 83

ThomsonReuters

NOVEMBER 28, 2023

Jump to: Reflect on your current tax workflow Use automation to boost staff engagement and retention Unlock growth opportunities With staffing shortages of epic proportions, the accounting industry is facing a crossroads. Download report 2. Use automation to boost staff engagement and retention. Detect inaccuracies.

Technology 112

Technology Account accountant accounted 112

Xero

JUNE 21, 2023

You win, or you learn – that’s one of Tennick Accountants’ internal mottos, and one that encouraged the firm to put themselves in the running and enter the 2023 Xero Awards UK & Ireland. The Small Firm of the Year award celebrates the Xero accounting or bookkeeping partners that have cracked the formula for success.

Account 118

Account accountant accounted accounting and finance 118

Xero

OCTOBER 3, 2023

We recently announced at Xerocon Sydney that our team was busy enhancing the AI algorithms that power bank reconciliation in Xero, so it would recognise new contacts in your statement lines (even when they’re not in your contact list). The business register is really picky about accuracy, so it only recognises exact business names.

Transportation 107

Transportation Account accountant accounted 107

SchoolofBookkeeping

MAY 12, 2023

If you're a QuickBooks accounting professional, you may have noticed a recent change in how new subscriptions to QuickBooks Online are handled. Intuit, the company behind QuickBooks, has started automatically creating QB Payments accounts for all new subscriptions. For some businesses, this might be a welcome change.

quickbooks 98

quickbooks Account accountant accounted 98

CPA Practice

MARCH 31, 2023

Technology continues to be a driver of growth for today’s successful accounting practices, and professionals know it, with a recent survey showing that 86% of respondents agree that technology will play a significant role in the growth and expansion of their practices in the next year. The survey was sponsored by Intuit Inc.,

Technology 128

Technology quickbooks Account accountant 128

ThomsonReuters

JULY 6, 2023

If you’re a leader within an accounting firm, you’ve likely heard of advisory services and their lucrative impact. This trend is picking up pace as traditional accounting firms seek more strategic and meaningful work that goes beyond just tax returns. But what accounting advisory services should your firm offer?

Account 98

Account accountant accounted tax return 98

Xero

APRIL 16, 2023

More and more businesses are focusing on sustainability, and for good reason. Not only do many small business owners personally feel it’s important to play a role in protecting the environment, doing so is proven to have a positive impact on their bottom line. How can apps help drive sustainability in your business?

accounting and finance 107

accounting and finance audit financial accounting Account 107

Lockstep

NOVEMBER 16, 2022

In today’s fast-paced, competitive business environment, it’s more important than ever to optimize your accounts receivable (AR) processes. One way to do this is by leveraging automated customer communications as part of your broader accounts receivable automation strategy.

Technology 88

Technology Account accountant accounted 88

Xero

MARCH 7, 2023

Here are five features you can use to unlock even more time-saving value from Xero. Your work auto-saves as a draft We’ve all been there: you’re drafting an invoice and suddenly the phone rings — you later realise you were mid-way through an invoice that you’ve now lost. You can only find this functionality in new invoicing.

accounting software 102

accounting software Government Account accountant 102

Xero

NOVEMBER 27, 2023

Accountants and bookkeepers, join us for Xero Summer Series Get ready to soak up the summer vibes at the Xero Summer Series – a new event that promises to set the stage for success in 2024. Louise will be on stage to share how macroeconomic trends impact small businesses and their advisors. “I Bernard Salt AM will then take the stage.

bookkeeping 96

bookkeeping Technology Gaming Start-ups 96