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How to save money in your supply chain

ThomsonReuters

Instead of a group’s subsidiaries in different regions, each buying from factories independently, using different business practices, payment terms and currencies, now all transactions go through a central trading company. For this to work, suppliers must provide the appropriate documentation for each component upfront.

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How to get into M&A advisory services

ThomsonReuters

Are you an accountant looking to break into the exciting world of mergers and acquisitions (M&A) advisory services? Why should accountants get into M&A advisory? An accountant’s background provides the ideal foundation to understand and navigate complex transactions.

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Four processes in Xero to make FY23 your best year yet

Xero

It may seem like more effort upfront, but taking the time now can save you considerably more in the long run. eInvoicing exchanges invoices directly between accounting software so incoming eInvoices show up as a draft bill waiting to be paid, saving you time on data entry. So, what processes can you make even better in FY23?

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Solving Cash Flow Issues in Your Web Design Business

Steve Feinberg

In this blog post, we’ll explore the common cash flow challenges faced by web designers, and examine some strategies to help you manage cash flow problems to keep your business operating smoothly. Late Payments from Clients Late payments often occur in creative industries for many different reasons.

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Top 5 ways to convert tax return clients into retainer clients

ThomsonReuters

A retainer fee refers to money clients pay upfront to secure not just your services, but also your availability. Even though a retainer can be a win-win, it can be a challenge to convert people and businesses who come to your accounting firm for their tax returns into consistent retainer clients. Here are 5 steps to make it easier.

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Managing client expectations for accountants

ThomsonReuters

Miscommunication, unrealistic expectations, and personality differences are bound to surface on occasion, but establishing boundaries early on can help accountants avoid these problems and better manage client expectations. The relationship accountants have with their clients is no different. portal, email, etc.).

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The Definitive Accounting Workflow Guide

Ryan Lazanis

In this article, you’re going to learn about what an accounting workflow is, the purpose your workflows serve in your firm with 9 key workflows that you can optimize in your accounting firms. Accounting Workflow Examples for Firms. By doing so, you’ll ensure a consistent quality services experience across your accounting firm.

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