Acterys

FEBRUARY 3, 2023

Inventory planning is crucial for businesses because a successful plan allows them to meet customer demand while remaining profitable. On the other hand, effective inventory planning can help businesses to reduce costs, improve customer satisfaction, and increase profitability. Each of these is discussed below: a.

Manufacturing 130

Manufacturing Sales Start-ups Retail 130

ThomsonReuters

MARCH 8, 2024

As busy accountants, it’s easy to get stuck in survival mode. How can you build your service offerings to better serve your clients and grow your CPA firm through accountability? How can you build your service offerings to better serve your clients and grow your CPA firm through accountability?

cpa firm 96

cpa firm CPA Technology Tax 96

DuctTapeMarketing

JULY 14, 2018

Consulting Business. Small Business Finances. Bookkeeping Fundamentals for Small Business Owners. Bookkeeping Fundamentals for Small Business Owners. Being a small business owner means long hours and longer to-do lists. Here is a short guide on how to maintain a healthy set of business financials.

bookkeeping 238

bookkeeping accounting and finance accounting software bookkeeping services 238

AdviceForTaxpreparers

JULY 29, 2019

Advice for Tax Preparers Making tax preparers lives easier one blog at a time HOME. Accounting Jokes, Videos, Puns and Humor. If you are going to be an accountant then you have to be able to laugh at yourself. Sharing a laugh brings us all together (especially during any busy season). Accounting and CPA Puns.

tax preparation 212

tax preparation Account accountant accounted 212

ThomsonReuters

JANUARY 4, 2024

Jump to: Utilize short-term staffing solutions Incorporate AI and automation into your workflow Become a strategic advisor As accounting firms usher in 2024, it’s important to take a fresh look at the business landscape — both its challenges and its opportunities — to best prepare for the year ahead.

tax planning 78

tax planning Tax Technology tax return 78

ThomsonReuters

APRIL 18, 2022

Tax season is a stressful time of year for anyone who works at an accounting firm. Burnout is commonplace and sometimes it’s hard to get back into the swing of things when the busy season dies down. Burnout’s effect on tax and accounting professionals. Ways to recover and avoid burnout next tax season.

tax preparation 104

tax preparation Technology Tax accounting and finance 104

Acterys

JANUARY 31, 2023

In this blog, we cover some basics about inventory planning: what it is, why do you need it, and what are its benefits and challenges. Let’s get started. Inventory planning is defined as the process of: Determining the most optimal restocking strategy for a business to meet customer demand, reduce costs and increase profitability.

Manufacturing 130

Manufacturing Sales Maine Retail 130

ThomsonReuters

JANUARY 28, 2022

Tax season is a critically busy time of the year for accountants, and we all know the stress that can come with such a high demand for services during that part of the year. But for some tax and accounting firms, the high volume of clients from January to April represents the majority of their business for the year.

Tax 102

Tax tax preparation bookkeeping bookkeeping services 102

Ryan Lazanis

APRIL 4, 2022

Do you want to know how to start a bookkeeping business or accounting firm in 2022? In fact, these are the very steps that I followed to help take my heavily bookkeeping-focused accounting business from scratch to sale in only 5 years. In this guide, you’ll learn: How to set up a strategic business plan.

bookkeeping 98

bookkeeping bookkeeping services accounting firms Technology 98

ThomsonReuters

FEBRUARY 2, 2022

million small businesses in the U.S., the potential market available to tax and accounting firms is massive. However, finding individual and small business clients is more challenging, particularly for those just starting out. How to market tax and accounting services. With more than 144.3

accounting firms 98

accounting firms Account accountant accounted 98

Going Concern

MAY 3, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default.

institute of chartered accountants 102

institute of chartered accountants Technology cpas chartered accountant 102

ThomsonReuters

APRIL 19, 2022

Your firm has been going nonstop, and your team has just made it through another busy tax season. It’s time to start thinking about what you’ll do to thank them for a job well done. After a particularly hard season, there’s nothing like being able to take a break and enjoy a bit of downtime.

business tax 98

business tax Tax Sports Account 98

Xero

MARCH 18, 2024

In Xero we’ve improved how you adjust your financial year-end settings. The start date for Basis Period Reform is fast approaching. We explore how to prepare for Basis Period Reform and how Xero can support you. Some of your clients might decide to change their accounting date, in order to simplify Income Tax reporting.

income tax 70

income tax tax return Non-Profits bookkeeping 70

Xero

MARCH 30, 2023

Over recent years, the world of accounting and bookkeeping has evolved with the times. From advancing business models to offering expanded services to be able to meet new client demands; change has been a constant for the industry. To help you get started, we’ve compiled a list below – all of which can be found in the Xero App Store.

Non-Profits 101

Non-Profits bookkeeping Start-ups Account 101

Xero

JULY 3, 2022

This is a guest post by accountant Daniel Hardy of Xero Platinum Partner firm Caveo Partners. Recently, Caveo Partners was named the best boutique firm of the year at the Australian Accounting Awards. . With a new financial year upon us, you might be thinking, what’s next for my small business? Your accountant or bookkeeper. .

business tax 111

business tax Tax bookkeeping accounting and finance 111

Shay CPA

JANUARY 17, 2024

The beginning of a new calendar year means every business owner needs to put some thought into tax filings. If you do the things on this list by the applicable dates, you should be in good shape to navigate this tax season with relative ease. It’s that time of year again. With that in mind, we teed up a list of upcoming deadlines.

Delaware 52

Delaware Tax income tax Iowa 52

ThomsonReuters

FEBRUARY 9, 2023

As accountants, there’s no way to avoid the hectic nature of tax season. Amidst such a busy time, how do you ensure you aren’t overwhelming yourself or your staff? How can I make my tax season easier? Own your time Your time is precious—and it can very easily be consumed during tax season.

Tax 59

Tax tax return Technology accounting software 59

Xero

OCTOBER 10, 2023

Entries for the UK Xero Awards 2024 are now open for our accounting, bookkeeping and app partners. So how can you put your best foot forward when crafting your award submission? How to write a good awards entry Crafting a strong awards entry takes time. Why enter the Xero Awards?

bookkeeping 87

bookkeeping accounting and finance Account accountant 87

ThomsonReuters

MARCH 2, 2023

As accountants, we often get questions or requests from clients that are outside of the scope of our working relationship (i.e., During tax season , these demands can be especially stressful given the large workload and long hours. During tax season , these demands can be especially stressful given the large workload and long hours.

Account 59

Account accountant accounted tax return 59

Xero

MAY 23, 2023

With the busy summer season approaching in the northern hemisphere, many small businesses are gearing up for the busiest time of the year. If your small business is one that experiences heavy traffic during the summer season, you’re likely preparing to meet the steep demand while also keeping your team motivated and focused.

Start-ups 70

Start-ups Account accountant accounted 70

ThomsonReuters

JULY 6, 2023

As accounting firms look to differentiate themselves from the competition, one trend is leading the way: business advisory. From advising on mergers and acquisitions to specializing in accounting and advisory in your clients’ specific industry, there are many ways to take advantage of this unique opportunity.

accounting firms 98

accounting firms Account accountant accounted 98

ThomsonReuters

NOVEMBER 21, 2023

Jump to: Set engagements and expectations for next year Address economic pressures that are top of mind Advise on tax planning topics As the year comes to a close, most accounting firms are guiding clients through the complexities of year-end tax planning. Or, you might consider switching to a value pricing model.

tax planning 52

tax planning Tax payroll tax Education 52

ThomsonReuters

SEPTEMBER 9, 2022

We all know accountants have a certain reputation for being methodical, organized, risk-averse, and some might even say, boring. But for those accountants who’ve answered the call to provide advisory services and being that valued business partner their clients need, the accounting profession can be one exciting ride.

Account 98

Account accountant accounted tax return 98

ThomsonReuters

DECEMBER 20, 2021

Now that tax season is approaching, you may find yourself contemplating the upcoming season and whether you’d be happier as the owner of your own accounting firm. From tax software geared toward small firms to curated news and insights for firm owners, the barriers to starting your own CPA firm have never been lower.

accounting firms 52

accounting firms Account accountant accounted 52

Xero

SEPTEMBER 7, 2022

Having the opportunity to meet and connect with partners from Australia, New Zealand and Asia has been really great – and we’re only just getting started! Today, I am thrilled to launch part two of our Xero Small Business Insights special report Crunch: Cash flow challenges facing small businesses. Seasonal slowdowns.

bookkeeping 97

bookkeeping payroll Start-ups Account 97

Snyder

DECEMBER 27, 2022

Freelance accounting is increasing in popularity. With the rise of online platforms like Upwork, Fiverr, and Remote.co, more and more people are working remotely to offer their services to businesses worldwide. This means that nowadays, freelancers have greater opportunities to find work and grow their businesses faster.

Account 98

Account accountant accounted accounting and finance 98

Xero

DECEMBER 11, 2022

Running a small business is no small feat. The journey can be a roller coaster of ups and downs, and sometimes sound business advice can be tricky to come by. . As the holiday season fast approaches, it’s a great time to reflect on the year that has been and establish your business priorities for FY24. Know your numbers.

Start-ups 87

Start-ups Sales Account accountant 87

Xero

JULY 11, 2022

We recently held our fourth Xero Responsible Data Use Advisory Council meeting via Zoom with seven council members across four time zones to discuss the most important emerging trends around responsible data use for small businesses. How time has flown – we’ve nearly completed our first year of a council.

Technology 130

Technology Education Start-ups Government 130

ThomsonReuters

JULY 6, 2023

If you are an accounting professional who has been contemplating a change in career path, you’re not alone. Accountants have the knowledge and experience necessary to work as trusted advisors to the public or within a company, so your certification qualifies you for a variety of career paths. But where do you start?

Account 98

Account accountant accounted accounting and finance 98

ThomsonReuters

APRIL 4, 2022

Tax season can obviously be a hectic and stressful time, but eliminating time-consuming tasks, and streamlining and automating the tax workflow would be transformative for you and your staff. So, how do you get your boss on board? Implementing a new software solution is no exception. Outline efficiencies and growth opportunities.

Tax 98

Tax Technology tax preparation tax return 98

ThomsonReuters

APRIL 4, 2022

You understand the importance of providing clients more proactive, strategic advice, but you’ve been unsure how to make the pivot — until now. A good place to start is communicating with your boss how the service can help your firm overcome challenges facing the profession. Let’s take a closer look.

tax preparation 97

tax preparation Tax accounting and finance Education 97

ThomsonReuters

JUNE 29, 2023

As most of us know, tax and accounting automation involves s treamlining and standardizing tax inputs and workflow processes using technology. How do APIs help with automation? In fact, 70% of businesses that added automation to their accounting processes reported a stronger ROI. But where do you start?

Technology 98

Technology accounting firms Tax Account 98

ThomsonReuters

JULY 11, 2023

Accounting professionals have long been trusted advisors for their clients. That relationship was shifted into higher gear by the onset of the COVID-19 pandemic as many companies turned to their tax and accounting professionals to help keep their businesses afloat. So how can firms elevate their advisory journey?

tax preparation 75

tax preparation tax planning Tax CPA 75

ThomsonReuters

MARCH 26, 2021

Now that tax season is in full swing for many practitioners, you may find yourself questioning if this is the right time to break off and explore starting your own CPA firm. Together, we discuss career paths and the best advice for those looking to rise to individual success within the tax and accounting profession.

cpa firm 98

cpa firm CPA Non-Profits Start-ups 98

ThomsonReuters

NOVEMBER 8, 2022

Most accountants know that choosing the right accounting technology can boost the ability to serve clients, satisfy staff, and build deeper client relationships.?But But how do you take full advantage of technology to streamline accounting processes? . Here’s how to start: Document your processes.

Technology 105

Technology Account accountant accounted 105

Accounting Insight

APRIL 13, 2023

End of financial year – party time for accountants, woo! As a long-time accountant working in Australia, I always confuse people who aren’t accountants because as far as I’m concerned, the year starts on the first of July, not the first of January. Here are my top tips. This means getting admin up to date.

bookkeeping 59

bookkeeping Start-ups tax planning Tax 59

Xero

NOVEMBER 23, 2022

In my role as GM of Xero Go, I speak with sole traders, accountants and bookkeepers and have learned so much about the ups and downs of running a business solo. I’m always so inspired by anyone who takes the brave step to start their own business. However, achieving this insight can be onerous and time consuming.

accounting and finance 71

accounting and finance bookkeeping Tax Finance 71