MineralTree

MARCH 2, 2023

Keep reading to learn about these top challenges facing CFOs in 2023, as well as the steps leaders should take to prepare their organization and AP team for success. Now it’s more important than ever for AR teams to be efficient, make sure that customers are paying on time, and ensure the company maintains a positive cash flow.

AP Automation 83

AP Automation Technology accounting and finance accounts payable 83

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. Contents: 1.

managerial accounting 98

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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? . The result? uncovering new opportunities. . Take inventory of systems.

Technology 105

Technology Account accountant accounted 105

Xero

OCTOBER 1, 2023

Stolen data is a valuable commodity on the dark web, and cyber criminals know they can make a quick buck by targeting businesses with lax security. Business information can be sold to competitors or state sponsors, and used to gain access to company accounts. Imagine if a cyber criminal was able to access your email account.

Start-ups 111

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ThomsonReuters

JUNE 8, 2023

Tax season can be a hectic time for tax professionals, but the off-season is a perfect opportunity to take stock of your practice and make sure you’re ready for the upcoming year. Doing so will help you identify any areas where you can improve or make adjustments. If multiple clients raise the same issue, it might be worth addressing.

Tax 52

Tax Technology tax preparation cpa firm 52

Snyder

DECEMBER 27, 2022

Freelance accounting is increasing in popularity. Even if online accounting is something you’ve done for years, becoming a freelancer may seem tricky to begin with. Even if online accounting is something you’ve done for years, becoming a freelancer may seem tricky to begin with. And here’s how you can prepare yourself.

Account 98

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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. Senior Industry Analyst Ted Rossman explained that this rise “marks the slowest year-over-year retail sales growth since 2020,”. Forecasting optimal inventory levels is a big part of inventory management.

Manufacturing 130

Manufacturing Sales Maine Retail 130

ThomsonReuters

APRIL 23, 2021

In 2020, tax and accounting professionals found themselves amid a major disruption in their daily firm life. He began planting seeds within his team about some of the tools needed to make a large virtual shift. When you look at the pandemic environment, one of the biggest decisions was technology,” says Paul. “We

CPA 105

CPA cpa firm Tax tax return 105

Ryan Lazanis

JULY 11, 2023

Do you want to attract top-tier talent for your staff accountant position? One of the things you must have is a compelling and comprehensive staff accountant job description that showcases what you can offer. Table of Contents The Strategy for a Good Staff Accountant Job Description What Does a Staff Accountant Do?

accounting jobs 40

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Snyder

MAY 24, 2022

That means hiring a knowledgeable staff that can assist with accounting tasks. The good news is that there are several accounting processes you can do yourself. Let’s take a look at the areas of accounting you can do on your own and the best ways to do them. 3 ways to account for inventory costs in retail accounting.

Retail 52

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LyfeAccounting

OCTOBER 28, 2020

As Warren Buffet says, accounting is the language of business. He and other savvy business owners use accounting to make investment decisions and decisions to grow the businesses they invest in. But interestingly enough, many small businesses often neglect their accounting until tax time, or don’t do it all.

accounting basics 52

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Nancy McClelland, LLC

JULY 22, 2022

One of them I covered in a recent blog post — Illinois Grocery Sales Tax Reduced by 1% For The Next 12 Months — it’s only likely to apply if you sell groceries that qualify for the low-tax food rate. It costs small businesses more in accounting and bookkeeping work than it could possibly save anyone.

Illinois 52

Illinois Sales Tax tax return 52

Xero

FEBRUARY 15, 2023

We’ve been doing a lot of thinking about this recently, and it’s a priority for us this year to help demystify some of these trends and shine a light on those which could be key to making business more beautiful in the next decade. Or you can use tools like e-invoicing to ease this burden if it’s available in your region.

Technology 83

Technology accounting and finance Finance Education 83

LyfeAccounting

OCTOBER 14, 2020

You see, here at LYFE Accounting, we handle the books for small business owners everyday and have a time-tested 6-step process that helps small businesses make better financial decisions that lead to greater profitability. As stated before, small business bookkeeping is there to help you make decisions.

bookkeeping 52

bookkeeping financial statements accounting and finance Maine 52

LyfeAccounting

OCTOBER 18, 2020

You heard that right, not 5, 15 convincing and valid reasons. If you don’t have the information for yourself you could make a financial decision that could cripple your business. Keeping your financial records organized makes it easier to locate and provide to appropriate parties. It Helps You With Tax Preparation.

bookkeeping 52

bookkeeping financial statements audit accounting and finance 52

LyfeAccounting

OCTOBER 20, 2020

Meanwhile, we just helped a client flip a $30,000 net operating loss into a $40,000 net operating profit within just 5-months through our Virtual CFO Services. These were just extremely hard decisions that anyone would stress over. And as the sole owner of her company, she had to make these hard decisions all by herself.

accounting and finance 52

accounting and finance financial statements bookkeeping cpas 52

LyfeAccounting

OCTOBER 20, 2020

Meanwhile, we just helped a client flip a $30,000 net operating loss into a $40,000 net operating profit within just 5-months through our Virtual CFO Services. These were just extremely hard decisions that anyone would stress over. And as the sole owner of her company, she had to make these hard decisions all by herself.

accounting and finance 52

accounting and finance financial statements bookkeeping cpas 52

LyfeAccounting

APRIL 27, 2021

We actually have some really good posts on this blog explaining what might be the causes of that so be sure to check those out after reading this post. But as a CPA who prepared at least hundreds of returns, we can tell you that a tax refund is usually the result of a mistake. What is a Tax Refund? It’s sort of like this.

Tax 52

Tax income tax tax return tax preparation 52

ThomsonReuters

AUGUST 24, 2021

Keep reading for 5 ways to calculate and communicate ROI in your business case for sales tax automation. Tax engine software virtually eliminates these types of accounting errors by providing consistently accurate sales and use tax, value-added tax (VAT), and goods and services tax (GST) calculations that don’t raise red flags.

Technology 52

Technology Sales Tax audit 52

ThomsonReuters

DECEMBER 7, 2022

To help accounting professionals, especially those entering the profession, this article will explore how fiduciary income tax is different from estate tax, who files a fiduciary tax return, what defines estates and trusts, and more. Savings accounts. What is remaining then becomes taxable income f or the trust or estate. Mutual funds.

Tax 59

Tax North Carolina income tax tax return 59

LyfeAccounting

JUNE 30, 2021

5 Steps On How to Get Approved in Applying for Business Loans. At the end of the day, lenders will make the decision to loan, or not to loan, to you based on your credit profile. Do you need a loan to get your business up and running? You’re not alone. About 43% of small businesses applied for business loans last year.

Real Estate 52

Real Estate financial statements accounting and finance Start-ups 52

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. Chapter 5: Setup Your Technology. How to create your core offering. Table of Contents.

bookkeeping 98

bookkeeping bookkeeping services accounting firms Technology 98

TaxConnex

APRIL 13, 2021

Make the right decisions for your business so you can best manage compliance in a way that doesn’t overburden your finance team or put your business at risk of penalties and fees. This blog will help explain one part of the sales tax compliance puzzle: your filing process. Don’t let sales tax compliance overwhelm you.

Sales 222

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Acterys

MARCH 28, 2022

In this blog, we’ll explain: What rolling forecasts are. It empowers decision makers and finance pros to take effective short-term decisions, predict future business scenarios more accurately, and re-allocate resources to ensure the business delivers the forecasted results. Why organizations need rolling forecasts. Adjustable.

accounting and finance 130

accounting and finance Finance Government Start-ups 130

ThomsonReuters

JUNE 29, 2023

How’s your accounting firm? Like any company, your firm faces daily accounting problems that are part of normal operations : staffing, client acquisition, cash flow, and profit management. But as part of the accounting industry, your firm encounters unique challenges based on the services you provide.

Account 98

Account accountant accounted Technology 98

ThomsonReuters

JANUARY 9, 2024

“A lot of times there are special circumstances that make a statistical anomaly perfectly reasonable,” he added, noting that such instances could be a dataset risk. “What happens when the IRS AI finds [an issue] because it’s 1.2 “What happens when the IRS AI finds [an issue] because it’s 1.2

audit 98

audit Legal Tax tax return 98

Acterys

JUNE 16, 2023

A meticulously designed budget is essential for tracking revenue and expenditures, pinpointing areas for cost savings, and making data-driven decisions about your company’s future. At its core, a financial budget helps determine your cash flow and make adjustments based on the business plans and market environment.

Finance 130

Finance accounting and finance Sales Start-ups 130

Ryan Lazanis

SEPTEMBER 6, 2023

Navigating the ever-evolving landscape of accounting requires efficient client management, and that’s where client portals come in. Let’s explore their features, advantages, and drawbacks to help you make an informed choice. Table of Contents What are Client Portals for Accountants?

Account 98

Account accountant accounted Technology 98

ThomsonReuters

FEBRUARY 28, 2023

Working as an accountant is undoubtedly a rewarding experience, but it’s not without its challenges, especially during the height of tax season. From streamlining processes to communicating with clients to firm management, here are five steps to de-stress accounting this tax season and beyond. Learn your tools inside and out.

Account 59

Account accountant accounted Technology 59

inDinero Accounting

JANUARY 9, 2023

Table of Contents What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? However, a lack of accounting experience and knowledge can be a hindrance, especially for startups which need to be agile and primed for rapid growth. What Makes Accounting Services for Startups Different?

Account 52

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inDinero Accounting

JANUARY 9, 2023

What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? How to Select the Right Startup Accountant. Getting Started with Startup Accounting. Wrong or missing data for the big decisions. Accountants’ specialized knowledge can support your startup business in many ways.

Account 52

Account accountant accounted accrual accounting 52

Snyder

JUNE 8, 2022

To assist in balancing out elements such as multiple sales channels, different payment processors, and multi-currency accounting, we’ve created a list of useful tips to help you organize your e-commerce business accounting. Tip 2 – Integrate all your payment processors into one accounting platform.

E-commerce 52

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ThomsonReuters

APRIL 12, 2021

We’ve been telling our clients to prepare for aggressive audits coming as soon as this year. In a new episode of the Tax & Tech Talks podcast series, experts from KPMG and Thomson Reuters discuss how companies are turning to automation and analytics software to stay ahead of changes buffeting indirect tax management. _.

Tax 98

Tax Technology corporation tax audit 98

Snyder

JUNE 20, 2022

It makes sense to delegate some of the management tasks because it’s hard to keep track of everything yourself without hampering your business in the long run. However, delegating doesn’t mean staying out of the loop completely, especially when it comes to business finances, primarily accounting. Contents: 1.

accounting basics 52

accounting basics general ledger Account accountant 52

Snyder

JUNE 13, 2022

Simultaneously, inflation makes prices go up, negatively affecting consumers’ purchasing power. And while economists don’t predict an immediate global recession yet , they still warn consumers to prepare for more stagflation (a combination of lower growth and inflation). Extended competition. Demand for personalization.

E-commerce 52

E-commerce accounting and finance Finance Sales 52

MazumaBusinessAccounting

AUGUST 12, 2021

As a small business owner, there are many decisions you will need to make that will impact your company for years to come. Among these decisions is which corporate entity is best for your business. If any legal issues arise, you will be held personally responsible and those debts will need to be paid from your personal account.

tax return 98

tax return Tax Legal business tax 98

ThomsonReuters

JUNE 28, 2023

Then, on May 5, 2021, the DOL announced that it was withdrawing the final independent contractor rule, just one day before the delayed effective date was to take place. Then, on May 5, 2021, the DOL announced that it was withdrawing the final independent contractor rule, just one day before the delayed effective date was to take place.

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