Remove blog accounting chart-of-accounts
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New Products at QuickBooks Connect Help Accountants Drive Small Business Growth

CPA Practice

13-15, more than 2,500 accountants learned about many new product and feature innovations that will help them serve their clients through the QuickBooks Online ecosystem. Our 2023 event doubled down on how AI-driven innovations can help accountants and the small businesses they serve gain insights to make more informed business decisions.

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How to manage the Singapore GST rate change in Xero

Xero

This includes your contacts, your inventory items, and for accounts in your chart of accounts. Any transactions using those contacts, inventory items or accounts will continue to default to 8% unless you update them. This will help you update the GST rate on your contacts, inventory items and accounts.

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Your Guide to Year-End 2023: Bonuses

ThomsonReuters

The Quick Reference Chart found at Payroll Guide ¶ 5021 is a great at-a-glance guide for state supplemental wage withholding compliance requirements. This will result in higher taxable wages for your employee on his or her W-2 at the end of the year and a higher amount withdrawn from your payroll account.

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Stock Market Upside Downside

Withum

The large increases will raise the 2024 Required Minimum Distributions (RMD) for those who need to take distributions from their retirement accounts and who do not need to live off that money. Basically, they will withdraw what they must, pay the tax and then deposit the balance in their personal investment account. Not so good.

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Charting a smooth course: Avoiding common mistakes in embracing audit technology

ThomsonReuters

Charting a smooth course, either on the open seas or at your audit firm, is an exciting opportunity for explorers and tax professionals alike. We are watching, in real time, firms successfully streamline accounting practices, boost productivity, and bolster their bottom lines with the adoption and implementation of new technologies.

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Vertical Analysis: What It Is and How It Can Help You

Acterys

This blog will guide you on what vertical analysis is, how to perform it, and how it can help your business to scale through data-driven decisions. Using tools such as Power BI to chart your results, you can visualize your performance and make informed decisions for a successful plan. What is vertical analysis?

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HHS Chart Summarizes Applicability of State and Other Surprise Billing IDR Processes

ThomsonReuters

Chart for Determining the Applicability for the Federal Independent Dispute Resolution (IDR) Process. The chart is intended to assist parties in determining which process applies for determining the payment amount for a covered item or service—the federal IDR process or a state law or All-Payer Model Agreement. Available at [link].

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