Xero

JANUARY 31, 2023

Accounting has changed dramatically over the last few years. But amongst all of this change, one thing remains constant: businesses need to get paid, explains Hayden Watson, Director of UK-based accountancy firm, MHH Practice. I like the layout of it. It does look cleaner — more modern.

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ThomsonReuters

JANUARY 30, 2023

As the burden of corporate tax compliance mounts, companies are increasingly turning to tax and accounting firms for help in complying with direct tax requirements. And so, we think about how accurate is the information on a tax return or a report that is ultimately filed with the taxing authority.

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ThomsonReuters

AUGUST 26, 2022

Singh, Chief Product Officer for Corporate Tax & Trade at Thomson Reuters, said that companies are asking “What are the changes that I can make, to be better prepared for the future?” Using a risk-based approach grounded in comprehensive data, companies can better manage supply chains in an unpredictable world.

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ThomsonReuters

JUNE 7, 2023

“Now think about managing that from halfway around the world when Japan has a new regulation for tax or a Work Council in Germany is dictating some specific methods and procedures and understanding what it means for the employer and workers.” “If you just look at the U.S., “If you just look at the U.S.,

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ThomsonReuters

DECEMBER 15, 2020

Companies face three main challenges when preparing to implement operational transfer pricing (OTP) technology—finance system and data issues, accountability questions, and continually changing compliance requirements. That is slightly changing, but ‘changing to what’ is the big question.” Who’s Accountable?

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ThomsonReuters

DECEMBER 13, 2021

And what factors tend to move the needle on such an important decision? First, something bad happened — for example, a negative audit, penalties — which raised awareness that time was being wasted on correcting errors, or that pressure from tax authorities to digitize had to be taken seriously. Get ahead of indirect tax problems.

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ThomsonReuters

AUGUST 24, 2021

For example, external audits are typically triggered by reporting errors, incorrect tax calculations, or anomalies – such as issued resale certificates or non-remission of use tax – that invite regulatory scrutiny. Reduce sales tax compliance liabilities from audits. Avoid reporting errors and incorrect sales tax calculations.

Technology 52

Technology Sales Tax audit 52

Ronika Khanna CPA,CA

DECEMBER 7, 2023

The search for the right accounting software can be a time consuming process. A Google search for “ small business accounting software ” yields over 250 million results. With so many choices out there, it can be difficult to know what to do. This post has a smattering of QuickBooks Online affiliate links.

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Xero

AUGUST 22, 2022

So, what does this mean? You’ll now have an easy-to-access audit trail of changes made within Xero by a small business owner, advisor or app partner. What exactly is payroll history? What are the benefits of payroll history? That way, you know what to avoid in future. Some of the other advantages include: .

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Ryan Lazanis

SEPTEMBER 6, 2023

Navigating the ever-evolving landscape of accounting requires efficient client management, and that’s where client portals come in. Table of Contents What are Client Portals for Accountants? Table of Contents What are Client Portals for Accountants? What Features Should You Look For in a Client Portal?

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Lockstep

DECEMBER 2, 2022

To today’s business environment, the need for streamlined and organized accounting procedures is paramount. Accounting teams need constant vigilance to keep a clean inbox, and to ensure accounts, communications, and next best activity is organized. What is a Shared Inbox? Why a Shared Inbox?

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ThomsonReuters

APRIL 6, 2023

If you are an accountant working within accounts payable, chances are you’ve got an interest in automation. But what should you look for in an accounts payable automation solution? From understanding the why and the how, to knowing what to look for, let us be your guide to accounts payable automation.

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ThomsonReuters

JANUARY 12, 2023

From data collection to ever-evolving standards, more and more auditors are turning to technology to automate their audit workflow. . From workpapers to analytics, cloud-based audit automation can provide enormous gains in terms of efficiency, productivity and security. . What is audit automation?

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ThomsonReuters

APRIL 6, 2023

Accounts payable (AP) is an important signal in understanding the financial health of a business. By optimizing your accounts payable workflow, you can gain insight into cash flow, make better business decisions, and ensure strong relationships with vendors and suppliers. To optimize your accounts payable workflow, automation is key.

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ThomsonReuters

APRIL 6, 2023

Whether you’re an accountant, a small business owner, or a professional working within an organization, understanding what accounts payable is and how it works is essential. As an important cash flow indicator, accounts payable is a sign of the health of a business. Often, these types of charges are invoiced.

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Xero

SEPTEMBER 1, 2022

It now surfaces results based on what the search ‘contains’ rather than what it ‘starts with’, so you can find the document pack you need without remembering the exact name. Make adjustments in the Xero Accounting app — Global. The new Account Summary report has been released to all customers. New features.

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inDinero Accounting

DECEMBER 22, 2021

Keeping records is also crucial to protecting your business – especially since the IRS is planning to increase business audits by 50%. With reliable enterprise accounting software, businesses can have up-to-date information about their finances in real-time. What is Enterprise Accounting Software?

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ThomsonReuters

NOVEMBER 17, 2022

Supply-chain due diligence itself is also changing rapidly because the pressure to understand what is happening at every layer and stage of the supply-chain is greater than ever. What do you do? 1—Whatever you ‘can do’ and are doing – make sure you have a documented audit trail to show.

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inDinero Accounting

DECEMBER 22, 2021

Keeping records is also crucial to protecting your business – especially since the IRS is planning to increase business audits by 50%. With reliable enterprise accounting software, businesses can have up-to-date information about their finances in real-time. What is Enterprise Accounting Software? Clear reporting.

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ThomsonReuters

SEPTEMBER 22, 2021

What is a tax data warehouse? This makes the tax data stable, accurate and accessible in real time — exactly what your corporate tax team needs to file correctly and on time. Tax compliance — and the reporting involved in maintaining that compliance — is one of the most stressful tasks a corporate tax team must complete.

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ThomsonReuters

MARCH 2, 2021

Gives you visibility with analytics and reporting and has built-in audit trails. Now is an opportune time to assess your tax departmental needs for the future and build your value case for tax technology. Here are four ways to get started: . Decide whether to buy or build your tax data software. Include any global considerations.

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