Xero

JUNE 15, 2022

Xero connects with over 1,000 apps that help small businesses and their advisors succeed, with most available in the Xero App Store. Each month we celebrate an app partner who stands out for helping small businesses thrive. EzzyBills eliminates the need for manual data entry as well as the human error that goes with it.

general ledger 96

general ledger Technology accounting software accounts payable 96

ThomsonReuters

JUNE 16, 2023

Is your firm running its gears on outdated accounting technology? In fact, a recent survey by Accounting Today found that half of the firms surveyed said they plan to boost their spending on technology in 2023. How do you know when your accounting technology is outdated? What are the risks of using outdated accounting software?

Technology 98

Technology Account accountant accounted 98

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

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. 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

NOVEMBER 10, 2022

In any large company, the idea of achieving greater “efficiency” is really an ongoing effort to increase profitability by finding ways to modify various systems, processes, and workflows in order to save time and money. Are manual processes slowing you down? Are you underpaying or overpaying some taxes?

Tax 59

Tax Technology corporation tax Account 59

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

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. Thankfully, creating an expense report isn’t a hard process.

E-commerce 52

E-commerce accounting and finance audit accounting software 52

ThomsonReuters

APRIL 4, 2022

For instance, the benefits could include how the new software will save staff time and eliminate manual, redundant work; will improve collaboration among both staff and clients; and will help unlock higher-margin growth opportunities for the firm. Provide a cost-benefit analysis. For starters, keep in mind that time is money.

Tax 98

Tax Technology tax preparation tax return 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

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

Accounting Insight

NOVEMBER 29, 2022

Accounts payable automation, also known as AP automation or invoicing automation, is the process of automating accounts payable processes and activities while collecting the critical data required to make smart decisions, improve efficiency, and grow your business. As real-time? AVOIDING DATA ENTRY ERRORS.

Accounts Payable Automation 52

Accounts Payable Automation accounts payable Technology accounting firms 52

Basis 365

MARCH 20, 2023

The topic has been all over the news, a steep incline in prices and as businesses face the effects of inflation, adopting suitable strategies to mitigate its impact is essential. However, there are ways businesses can navigate through inflationary periods to ensure sustainability and growth.

Account 52

Account accountant accounted bookkeeping 52

Snyder

OCTOBER 27, 2022

When you’re an e-commerce business owner, setting up your online store with Etsy sounds like a great option for creating an additional revenue stream, with over 96 million active buyers across the world purchasing goods on the platform. This blog will teach you how to receive payments on Etsy , both including and apart from PayPal.

E-commerce 98

E-commerce accounting and finance Tax Sales 98

ThomsonReuters

JANUARY 31, 2023

Running a successful accounting or bookkeeping business is more than just working with numbers. And while administrative tasks are critical for keeping your business running smoothly, they can take time and focus away from serving clients. A recent survey put the figure at 94%.

Technology 59

Technology bookkeeping Start-ups Account 59

ThomsonReuters

OCTOBER 6, 2023

They want to do a better job at using technology to streamline data collection, automate data entry, enhance the review process, and improve service delivery. Tax season is hard enough: you don’t need to make it harder on your team and clients with outdated technology and a stagnant process.

tax preparation 64

tax preparation Tax tax return Technology 64

ThomsonReuters

FEBRUARY 2, 2023

While you probably got into the accounting business because you love numbers and helping people, there’s a lot more that goes into running a successful firm. Nearly half of them would rather absorb the extra time and cost than risk losing the client.”

Technology 59

Technology bookkeeping accounting firms Account 59

ThomsonReuters

JANUARY 18, 2024

Jump to: What are the roles and responsibilities for accountants? Accountant vs. CPA vs. tax preparer: What are the differences? GAAP and AICPA What issues should accountants be aware of in the profession? How can accountants be more efficient? Accountant responsibilities extend far beyond number crunching.

Account 59

Account accountant accounted tax preparation 59

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. Cash flow forecasting is the process of projecting future cash inflows and outflows of a business.

AP Automation 88

AP Automation accounting and finance AP Processes Finance 88

ThomsonReuters

JULY 2, 2021

In the aftermath of Brexit, most companies that conduct business in the United Kingdom (UK) and European Union (EU) have absorbed the initial shock and are now looking for more stable, long-term solutions to the challenges posed by the UK’s new trade regime. Rules of origin requirements post-Brexit. animal health certificates).

Technology 98

Technology audit Maine Start-ups 98

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

PYMNTS

APRIL 3, 2019

In Myanmar, Shwe Rural & Urban Development Bank has partnered with Krung Thai Bank, which is state-owned, to debut a cross-border transfer money offering that is in turn tied to the Ethereum blockchain. We automate payments and back-office business processes, resulting in significant efficiencies and cost savings.”

Technology 92

Technology accounts payable B2B accounting and finance 92

ThomsonReuters

JULY 8, 2021

Multinational enterprises (MNEs) began using centralized shared services centers three decades ago to standardize and improve efficiency in back-office functions such as finance & accounting, human resources, and IT. We defined the business landscape, and that definition triggered work on our technological landscape.

Technology 98

Technology accounting and finance general ledger accounting principles 98

DuctTapeMarketing

JULY 31, 2018

Consulting Business. Small Business Finances. How Cloud-Based Accounting Software Can Benefit Your Business. How Cloud-Based Accounting Software Can Benefit Your Business. As a business owner, you are all too aware of the many moving pieces it takes for a business to run smoothly. Paid Search.

accounting software 147

accounting software Account accountant accounted 147

ThomsonReuters

AUGUST 24, 2023

Tax depreciation and state-level complexities Managing depreciation of fixed assets Tax depreciation, which enables business clients to reduce the amount of their reported taxable income, may seem straightforward at first glance. It is the recovery of an asset cost over a number of years or, in other words, the asset’s useful life.

Tax 87

Tax business tax tax return Account 87

Ryan Lazanis

SEPTEMBER 1, 2023

If you want to see the best cloud accounting software apps all in one place, then you’ll LOVE this ultimate list. In it, I’ll be sharing 147 of the best cloud accounting software apps on the market. Each item in the list will contain a brief description and will focus on how you can level up your accounting automation.

accounting software 98

accounting software quickbooks Account accountant 98

Snyder

JANUARY 8, 2023

What does it mean for small businesses? This article answers the questions for anyone curious about how to start a dropshipping business: What is dropshipping? What is a dropshipping business? Who is a dropshipper in the dropshipping business model? Why start a dropshipping business? Is this business model for me?

E-commerce 98

E-commerce Non-Profits Start-ups Maine 98

ThomsonReuters

DECEMBER 22, 2020

Different rules apply for emergency and non-emergency services, but in each case plans and insurers are limited in cost-sharing and other restrictions they can impose. Unlike the 2018–19 version of this relief, the 2020 version also refers to the Thrift Savings Plan for federal employees and to money purchase pension plans.

Education 90

Education Entertainment Construction Tax 90

ThomsonReuters

APRIL 18, 2023

The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. What are the current issues in accounting? but there are several common hurdles that often run industry wide.

Account 52

Account accountant accounted Technology 52

Snyder

JULY 13, 2022

If you’re wondering how to sell on Etsy, what your Etsy store cost will be, and whether Etsy is worth your time, we have good news for you – you don’t have to learn the hard way. Read our comprehensive list of steps on how to set up an Etsy business, , find out some useful tips and implement them in your own selling business on Etsy.

Start-ups 98

Start-ups E-commerce Maine accounting books 98

ThomsonReuters

JULY 8, 2021

Opportunity costs: You can’t afford to stay out of the Cloud . When firms begin the process of socializing their decision to move to the cloud, many people’s first reaction is “Isn’t that going to cost more?” Finding a trusted cloud provider can help minimize some of the costs associated with that. Business Continuity

Technology 52

Technology Tax Texas tax return 52

ThomsonReuters

MARCH 1, 2021

Less than a month after the UK completed its separation from the European Union, Britain’s five largest business groups warned the government that companies were facing substantial difficulties moving goods through UK ports. Classification software , on the other hand, ensures product classifications and duty payments are accurate.

Technology 52

Technology Tax New York Government 52

Basis 365

MARCH 30, 2023

ARE ALL ACCOUNTING SERVICES THE SAME? COMPARING DIFFERENT ACCOUNTING PARTNERS CAN BE LIKE COMPARING APPLES AND ORANGES. ACCOUNTING SERVICES (OR OFFERINGS) ARE NOT ALL THE SAME. BREAKING DOWN THE DIFFERENT ACCOUNTING PARTNERS YOU MAY BE CONSIDERING AND WHICH ONE IS RIGHT FOR YOU.

accrual accounting 52

accrual accounting Account accountant accounted 52

ThomsonReuters

AUGUST 10, 2021

Before getting into specifics, a large part of preparing your firm for the future and for change comes from how you view certain aspects of your business: your clients, technology and yourself. . Understanding your customer is an important part of making sure your firm is ready for all business. . Reduced cost .

cpa firm 52

cpa firm CPA Technology Tax 52

Snyder

FEBRUARY 12, 2023

The only thing that a business owner wants is to nail the tax season. To do that, employers need to be aware of the process and their responsibilities from understanding how payroll taxes are calculated to filing the appropriate paperwork. Payroll tax process steps 4. Payroll tax process steps 4. Contents: 1.

payroll tax 52

payroll tax payroll Tax income tax 52

ThomsonReuters

OCTOBER 21, 2022

Payroll is typically a business’s greatest expense, which encompasses several different areas of a business’s operations. It is also important to keep up with industry trends and efficiencies that can allow more flexibility to analyze data to support business objectives. . In March of 2022, a? Payroll pain points.

payroll 52

payroll Tax Technology payroll tax 52

ThomsonReuters

OCTOBER 21, 2022

Payroll is typically a business’s greatest expense, which encompasses several different areas of a business’s operations. It is also important to keep up with industry trends and efficiencies that can allow more flexibility to analyze data to support business objectives. . In March of 2022, a? Payroll pain points.

payroll 40

payroll Tax Technology payroll tax 40

MineralTree

MARCH 16, 2023

There are several tools that teams can use to move away from these manual and expensive processes. For example, many businesses incorporate AP automation , e-invoicing, and other digital tools to quickly gain an edge over their competitors. In fact, vendor enrollment is the number one pain point for accounts payable teams.

AP Automation 88

AP Automation accounts payable Technology Accounts Payable Automation 88