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. Well actually, you probably haven't noticed it because the process is part of the setup interview that most people may not even realize what's happening. What Changed and What does this Mean?

quickbooks 98

quickbooks Account accountant accounted 98

Mark Lee

MARCH 12, 2024

I hope you would agree that clients choose you as their accountant because they believe that your services will be of more value to them than those of a cheaper accountant. they don’t know what they like, want or need. Or else they stay with you because you are cheap. Of these two options, which is preferable?

Non-Profits 52

Non-Profits Account accountant accounted 52

Xero

JUNE 6, 2022

As many of us continue to respond to the impacts of climate change, it’s important to consider how the small business landscape will change, not just for our small business customers but our accounting and bookkeeping partners too. Who do small businesses go to when they have questions? What’s driving this?

bookkeeping 94

bookkeeping Account accountant accounted 94

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

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

Mark Lee

JANUARY 9, 2024

Three examples help demonstrate why this is important: 1 – Low-fee clients Many accountants tell me that they have too many clients who only want to pay low fees. The leads we seek are from those people and accountants who want tax advice worth paying for. And that’s probably NOT what you really want.

Start-ups 93

Start-ups Tax Gaming Account 93

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

ThomsonReuters

JUNE 15, 2023

Increased focus on ESG There are a number of issues and challenges around ESG that tax and accounting firms need to consider. As an area that is still developing, and – from an audit and accounting standpoint – still in its infancy, it can feel a bit like the Wild West. Here is a brief summary of the top five: 1.

audit 96

audit auditor Education Tax 96

Snyder

MAY 27, 2022

When starting a business, all the paperwork and accounting may seem daunting. You have to analyze every step and decision you’ve made to plan where you want to be in the future and what you need to do right now. No matter how large or small your business is, managerial accounting will help you gain profit.

managerial accounting 98

managerial accounting financial accounting Account accountant 98

xendoo

DECEMBER 15, 2021

Whether they coach chess players or sell organic puppy food online, every small business owner shares a common driving force: a passion for growing their business. Even if the books are only behind a few weeks, up-to-date records are crucial for the financial well-being of every business. Reliability in Your Opening Balance.

bookkeeping 69

bookkeeping financial statements Tax bookkeeping services 69

MineralTree

FEBRUARY 23, 2023

Cash flow forecasting is a critical part of financial planning for businesses of all sizes. Accurate cash flow forecasts help businesses plan for the future, identify trends, and make strategic financial decisions. What is Cash Flow Forecasting?

AP Automation 88

AP Automation accounting and finance AP Processes Finance 88

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

Xero

DECEMBER 8, 2022

Small business owners and entrepreneurs can feel like they face immense pressure to not only drive profits, but take positive action for our planet as a whole. . B-Corp certified accounting practice Thrive is on a mission to help tech start-up clients achieve this balance, ensuring they’re successful across people, planet and profit.

Technology 69

Technology Start-ups Education Maine 69

ThomsonReuters

MAY 10, 2022

What is Superfund? Who is affected by Superfund and what are their challenges? Companies have been given a short window to understand their responsibilities, properly manage these new obligations, and understand the impact on their bottom line. Challenges created by Superfund for business tax and IT professionals.

Technology 98

Technology Tax accounting and finance Manufacturing 98

Snyder

JULY 13, 2022

Since eBay’s migration to their own card processing and consolidated payment service is continuing progressively, eBay Managed Payments has become a hot topic for discussion among the sellers community. What does this transfer to managed payments mean for their sales rates and business flow? Contents: 1.

E-commerce 98

E-commerce accounting and finance Sales quickbooks 98

ThomsonReuters

NOVEMBER 16, 2023

Nazar Paradivskyy, Vice President of Regulatory Affairs at Pagero, and Jesse Shannon, Senior Product Marketing Manager at Thomson Reuters, shared valuable insights on the essential considerations for companies aiming for a smooth transition into the era of real-time digital tax controls.

Tax 59

Tax Technology AP Automation accounts payable 59

Xero

DECEMBER 7, 2022

This was certainly the case for Carly Shaw from Clarative Accounting. Her aim being to spend more time with her family, whilst also getting closer to clients businesses and making a greater impact beyond the bottom line. . Here, Carly tells the story of Clarative Accounting. . Building blocks.

Construction 63

Construction Account accountant accounted 63

Snyder

APRIL 25, 2022

When you have a successful business , it’s important to be able to track and manage your physical goods, and inventory management will help you with that. Whether you’re just starting out or have been in the game for a while, good inventory management for small businesses will maximize your profits and minimize expenses.

E-commerce 98

E-commerce Maine Manufacturing Start-ups 98

ThomsonReuters

APRIL 18, 2023

For business owners, payroll is complex and often their greatest expense. For accounting professionals, payroll services have long been viewed as a time-consuming, high-risk loss leader. What are common payroll errors? Misclassifying employees Businesses need to properly classify workers (i.e.,

payroll 107

payroll payroll tax Tax audit 107

ThomsonReuters

MAY 12, 2022

What triggers a sales tax audit and how do you reduce the risk of an audit? This sales tax audit guide can help indirect tax teams avoid common audit triggers and manage the sales tax audit as smoothly as possible. What is a sales tax audit? Download our free whitepaper on managing sales and use tax audits.

audit 105

audit Sales Tax auditor 105

ThomsonReuters

FEBRUARY 24, 2023

This is due, in part, to a growing number of private equity firms entering the accounting market. As Allan D. Koltin, CEO of Koltin Consulting Group, explained, private equity firms perceive accounting firms as being low risk, high reward. How does integrated technology make firms attractive to buyers or venture capital?

accounting firms 59

accounting firms Account accountant accounted 59

ThomsonReuters

JUNE 9, 2023

In today’s rapidly changing business environment, firms need to stay on top of their audit compliance. As disruptive technologies and new regulations are constantly emerging, it can be difficult for businesses to remain compliant. One way to achieve this is by utilizing an i ntegrated online solution to manage all types of engagements.

audit 98

audit Non-Profits Technology auditor 98

ThomsonReuters

APRIL 6, 2023

Whether you’re an accounting student, a recent college grad, or a small business owner, you may have questions about what accounts payable is, how it works, and best practices. As an important indicator of the health of a business, accounts payable is a gauge of cash flow. Is accounts payable a revenue?

accounts payable 52

accounts payable Account accountant accounted 52

ThomsonReuters

DECEMBER 13, 2021

On the other hand, it doesn’t always make sense to invest in a more robust tax solution if the organization is small and its indirect tax obligations are already being managed adequately. And what factors tend to move the needle on such an important decision? So when is the right time to invest in indirect tax automation ?

Technology 52

Technology Tax corporation tax audit 52

Reckon

APRIL 20, 2023

In no small part due to the pressures of inflation, we all know that the cost of living has blown through the ceiling over the last year or so… The RBA’s series of rate raises seek to combat inflationary stress; however, many argue that rising rates will actually compound pressure on individuals and businesses by deepening loan and mortgage stress.

Technology 52

Technology accounting software Start-ups Sales 52

ThomsonReuters

JULY 6, 2023

In today’s ultra-competitive business landscape, being an accountant means far more than preparing tax returns or compiling financial statements. But what does accounting advisory mean and how can your firm take advantage of this unique opportunity to showcase your knowledge and build deeper relationships with your clients?

Account 88

Account accountant accounted tax return 88

ThomsonReuters

JUNE 28, 2022

Corporate tax teams that want to invest in an automated indirect tax solution can’t simply declare to decision-makers that efficiencies, cost savings, and a host of other benefits will magically start boosting the bottom line once the software is activated. what the return on technology investment (ROI) is going to be.

Tax 90

Tax Technology corporation tax auditor 90

ThomsonReuters

JULY 2, 2021

How to shift your mindset from accountant to business owner. You’ve made the leap from staff accountant to small firm owner. Launching a successful business requires not only the desire and experience, but the ability to fully embrace an ownership mindset. You did it. Protect your time. Cultivate long-term relationships.

Account 52

Account accountant accounted tax return 52

inDinero Accounting

APRIL 28, 2021

Did you dream about being “in the black” at fiscal year-end when you started in business? You’ve got a going concern, and yet, you find yourself back at the drawing board with your business budget. Business budgeting is a critical skill that inDinero’s outsource accounting team can take off your plate today. Do not worry.

accounting software 66

accounting software accounts payable Account accountant 66

Snyder

MAY 31, 2022

When your small business is always on the go, trying to keep track of all your business expenses can be a challenge. By creating an expense report, you can track all your business spending in one place so you don’t have to worry about forgetting anything. What is an expense report? What does an expense report look like?

E-commerce 52

E-commerce accounting and finance audit accounting software 52

ThomsonReuters

OCTOBER 26, 2020

In 2018, the World Economic Forum’s Future of Jobs Report listed accountants and auditors as one of the jobs mostly likely to decline as a result of automation. This was based on the expectation that tax and accounting professionals would fail to adapt to new technology and therefore render themselves less efficient.

Technology 40

Technology CPA Account accountant 40

ThomsonReuters

JULY 8, 2021

but what often goes unmentioned are the costs your firm is going to minimize or potentially eliminate all together by adopting cloud native tools: installations, updates, maintenance, and staff coming in on weekends. It pays to flip the cost conversation on its head – what will happen to your firm if you’re NOT invested in cloud technology?

Technology 52

Technology Tax Texas tax return 52

LyfeAccounting

OCTOBER 20, 2020

But you have absolutely no idea what this means, and if you even need it in your business. We wanted to know what she wanted to accomplish in her business. And what we needed to manage inside of her business to make her goals a reality. And that led to astronomical results in her business.

accounting and finance 52

accounting and finance financial statements bookkeeping cpas 52

LyfeAccounting

OCTOBER 20, 2020

But you have absolutely no idea what this means, and if you even need it in your business. We wanted to know what she wanted to accomplish in her business. And what we needed to manage inside of her business to make her goals a reality. And that led to astronomical results in her business.

accounting and finance 52

accounting and finance financial statements bookkeeping cpas 52

Snyder

APRIL 22, 2022

You can promote what you’re passionate about and reap the benefits while working from home. What’s more, no startup budget or special knowledge is required, which means that the only resource you need is your time. What’s more, no startup budget or special knowledge is required, which means that the only resource you need is your time.

E-commerce 52

E-commerce Start-ups Sales accounting and finance 52

Snyder

NOVEMBER 10, 2022

The biggest tax season challenge for a small business is tax preparation and filing. Most SMB owners fall into the trap of putting off taxes until the last minute because they don’t have professional tax accounting software backing them up. First, try to make the most out of your accounting software. What is tax software?

tax preparation 52

tax preparation Tax tax return accounting software 52

LyfeAccounting

APRIL 15, 2021

This is great for the small businesses and non-profits that need this money! Here’s what the SBA Administrator, Isabella Casillas Guzman had to say about the increase: “More than 3.7 We are here to help our small businesses and that is why I’m proud to more than triple the amount of funding they can access.”. business name.

Non-Profits 52

Non-Profits accounting and finance cpas small business accounting 52