Xero

OCTOBER 11, 2022

The time has come. You may have recently received an email from HMRC explaining that VAT-registered businesses will no longer be able to use this gateway to file monthly or quarterly VAT returns. Others, however, may look upon the date with the realisation that, oh dear, this is really happening. . A fragmented journey.

Tax 88

Tax income tax Start-ups Account 88

ThomsonReuters

MAY 5, 2022

Each year, tax time is an opportunity to expand your accounting firm’s client base. Leading up to tax time, there are potential clients ranging from individuals to major corporations who may be on the hunt for a new tax preparer. In some cases, this may even mean firing some current clients to become stronger.

accounting firms 96

accounting firms Tax Real Estate Account 96

ThomsonReuters

MARCH 11, 2022

It may be one of the oldest digital technologies in existence, but there’s no denying that the business and accounting worlds still heavily rely on email. 5 ways accountants can manage email more efficiently. This results in time wasted reading spam, going back to old emails, and laboring over inconsequential replies.

Account 95

Account accountant accounted accounting firms 95

ThomsonReuters

JUNE 16, 2023

Many of today’s tax and accounting practices are struggling with strained firm capabilities. Based on the findings, the top challenge for accountants is recruitment/retention, at 36 percent. The accounting profession is no stranger to long work hours and hefty workloads, especially during busy tax season.

accounting firms 98

accounting firms Account accountant accounted 98

Xero

NOVEMBER 2, 2022

We know it’s not enough to just create really #beautiful accounting software – we also need to teach you to use it. Spending time educating yourself on Xero can help you get time back once you’ve built up your confidence. . If you’re new to Xero, welcome! Get started with the basics. Upskill with ease.

Education 94

Education bookkeeping jobs tax preparation Start-ups 94

Xero

SEPTEMBER 29, 2022

Unfortunately, cybercriminals have followed and are using new, digital methods to target Australians. At Xero, we are custodians of your data and do all we can to protect the information held in your account. From then, you’ll need to authenticate daily when you log in to your account. It’s important to keep this safe.

Start-ups 111

Start-ups accounting apps Gaming Account 111

Acterys

FEBRUARY 7, 2023

In this blog, we bring everything together by reviewing the step-by-step process that companies can adopt to lay out a plan that is most suitable for their requirements. With accurate data models, you can understand how changing attributes may affect your plan. Let’s dive in.

Maine 130

Maine Sales Manufacturing audit 130

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. This starts with identifying inefficiencies that are ripe for automation.

Technology 59

Technology bookkeeping Start-ups Account 59

Xero

JULY 21, 2022

Today, Xerocon attendees were treated to a sneak peek of our new document packs feature, coming soon to Xero HQ. . This secure online portal allows clients to easily view, download, electronically sign and return documents to their accountant or bookkeeper — all in one secure, accessible place. Coming soon: Document packs.

bookkeeping 75

bookkeeping tax return Tax financial statements 75

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. Today’s inventory planning is a more sophisticated endeavor, requiring careful consideration of both the amount and kind of stock required at key points in time. Let’s get started.

Manufacturing 130

Manufacturing Sales Maine Retail 130

ThomsonReuters

FEBRUARY 18, 2022

Job fit is critical when hiring new accountants for your firm. The right accountant in the right role means a happy, engaged, and thriving employee. A candidate may check all the boxes for the job, but what about that person’s standards, beliefs, and expectations? Write a detailed job description.

Account 98

Account accountant accounted accounting firms 98

Mark Lee

MARCH 19, 2024

Although Linkedin tells us that over 300,000 UK based accountants have profiles on Linkedin, this is not the full story. Which is a shame as there is much that accountants can do on Linkedin to benefit their career, profile and success. And these will also determine what actions would be a good use of your time.

Account 52

Account accountant accounted Start-ups 52

ThomsonReuters

MAY 6, 2022

For small and mid-sized tax and accounting firms, there are plenty of ways to do so. 8 ways small and mid-sized accounting firms can increase profitability. 8 ways small and mid-sized accounting firms can increase profitability. When hiring an accountant, clients need to know they can trust you before they make a decision.

Tax 87

Tax Account accountant accounted 87

ThomsonReuters

JUNE 15, 2021

Starting your own CPA firm may seem like a distant fantasy, but with barriers to entry lower than they’ve ever been, it could be closer than you think. If you’ve been wondering if it’s time to break free, here are five signs that you’re ready to be your own boss. You have the experience. You want to be in control.

cpa firm 98

cpa firm tax return CPA Non-Profits 98

Xero

OCTOBER 28, 2022

In our One Step research , we found that small business owners who adopt new technologies enjoy on average 106% higher productivity than those who fall behind the tech adoption curve. It’s something that Andy Housley of Square 1 Accounting in the UK can personally attest to. . I really enjoy playing with new tools.

tax return 62

tax return Technology Tax Account 62

Accounting Insight

APRIL 13, 2023

End of financial year – party time for accountants, woo! As a long-time accountant working in Australia, I always confuse people who aren’t accountants because as far as I’m concerned, the year starts on the first of July, not the first of January. Here are my top tips. This means getting admin up to date.

bookkeeping 59

bookkeeping Start-ups tax planning Tax 59

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. Or else they stay with you because you are cheap. Of these two options, which is preferable? Except in extreme situations perhaps. Take diamonds for example.

Non-Profits 52

Non-Profits Account accountant accounted 52

Xero

JANUARY 24, 2023

One of your most important accounting jobs — bank reconciliation — relies heavily on getting accurate banking data into Xero. Yet entering bank transactions manually is often time-consuming and error-prone. Regular bank reconciliation not only saves you time, it also gives you a wealth of insights at your fingertips.

bookkeeping 87

bookkeeping accounting and finance accounting jobs accountant jobs 87

Mark Lee

NOVEMBER 9, 2022

The key point here – and you may be sensing the well stretched analogy – is that it’s key to get the relationship off on the right foot, so that your new client knows what to expect. And that you address any misconceptions they may have at the outset. Accountants, like personal trainers, are the experts.

Account 52

Account accountant accounted tax return 52

Xero

APRIL 16, 2023

The ability to send and receive invoices directly between accounting systems (and eliminate the need for manual, error-prone PDFs sent via email) offers some very exciting benefits. He opens his supplier’s procurement app and quickly scrolls through every milk wholesaler in Melbourne to compare the price and delivery time.

Non-Profits 96

Non-Profits bookkeeping Technology accounting software 96

Mark Lee

MARCH 21, 2023

It would be a mistake to run through everything you do at a time when you should be focused on your client’s needs. It would be a mistake to run through everything you do at a time when you should be focused on your client’s needs. I knew the answer as I’ve heard similar stories many times over the years. A long time ago.

bookkeeping 97

bookkeeping Tax tax return Start-ups 97

Ryan Lazanis

MAY 17, 2022

If you’re looking for the best marketing for accountants’ strategies, you’ve come to the right place. Most of these methods I’ve personally used myself to help take my cloud accounting firm from scratch to sale in just 5 years. Marketing for Accountants 101. 1 Get Blogging. #2 4 Viral Marketing for Accountants. #5

Account 98

Account accountant accounted accounting firms 98

Xero

JULY 11, 2022

We recently held our fourth Xero Responsible Data Use Advisory Council meeting via Zoom with seven council members across four time zones to discuss the most important emerging trends around responsible data use for small businesses. How time has flown – we’ve nearly completed our first year of a council.

Technology 130

Technology Education Start-ups Government 130

Inform Accounting

JULY 14, 2023

Taxpayers who cannot pay by those dates have the opportunity to pay via HMRC's 'Time to Pay' scheme whereby HMRC agrees to a payment plan for unpaid tax spread over a longer period than would otherwise be available. Taxpayers can set up and manage their own BPP using their HMRC online account.

Tax 52

Tax tax accountant online accounting Government 52

Mark Lee

AUGUST 29, 2023

Some accountants just want to work for anyone who can afford them and who will engage them. Some accountants have more specific aspirations. And some accountants have very specific prospective clients in mind. I see an awful lot of adverts and marketing messages for and about various accountancy firms. It works for them.

Account 81

Account accountant accounted Start-ups 81

DuctTapeMarketing

JULY 24, 2018

It’s likely that this was manageable enough when you were just starting out, but as your business grows and you add new employees, more benefits, and open up shop in other locations, managing payroll can become unwieldy. to a third party may be nerve-wracking, there are some tips to help ease the transition. Strategy First.

payroll 142

payroll accounting and finance Start-ups Tax 142

ThomsonReuters

JULY 1, 2022

Employers must complete and sign Section 2 of Form I-9 within a certain period of time from the date of hire (first day of work for pay) for a new employee. What is that period of time?” We provided an overview of Form I-9 last week and discussed the role the form plays in the new hire process. three days.”

payroll 94

payroll Oregon Washington Legal 94

Xero

OCTOBER 9, 2023

*Please note that while the process remains the same, all references to Xero Tax are applicable to Australia and New Zealand only. One of the most important ways we’re helping you save time and grow your practice is by moving towards a future where Xero Practice Manager (XPM), Xero HQ and Xero Tax will be seamlessly connected.

Tax 93

Tax Start-ups Account accountant 93

Menzies

FEBRUARY 15, 2023

Menzies LLP - A leading chartered accountancy firm. Agree on why you need the change Often the directors may feel they have outgrown their current system or that there will be limitations as the business grows. Blog Is your profit data misleading you? This person needs to be the conduit for scoping, timings and deliverables.

Retail 52

Retail Account accountant accounted 52

ThomsonReuters

APRIL 18, 2023

For accounting professionals, payroll services have long been viewed as a time-consuming, high-risk loss leader. For business owners, payroll is complex and often their greatest expense. Payroll errors are certainly a real concern, but with the right tools and resources in place, payroll services can be a growth opportunity for firms.

payroll 107

payroll payroll tax Tax audit 107

Ryan Lazanis

MAY 11, 2022

When it comes to finding the perfect accounting professionals for your accounting firm, make sure that you have the right questions to ask in an accounting interview in order to get a sense of their qualifications and experience. 22 of the top accounting questions to ask potential accountants. Let’s go!

Account 98

Account accountant accounted accounting software 98

Xero

NOVEMBER 3, 2022

Get trick or treating out of the way, and then it’s time for the holidays. Finish unwrapping your presents, and get ready for New Year’s Eve. Once you’ve caught up on your sleep, it’s arguably the most exciting time of all – that’s right, tax season. . ‘Tis the season for, well, lots of things. Be vigilant.

income tax 75

income tax Tax Account accountant 75

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

Technology 105

Technology Account accountant accounted 105

ThomsonReuters

MAY 6, 2022

However, automation with software is becoming increasingly effective at reducing our daily workload and freeing up our time. By delegating mundane tasks to technology, you may find your workforce is more motivated to put forward ideas for further development and innovation. How would you spend that time?”

Technology 95

Technology bookkeeping Start-ups payroll 95

ThomsonReuters

AUGUST 25, 2023

For professionals in the tax and accounting industry, there are multiple types of depreciation — namely, tax and book. This article will explore some of the differences and how accountants can better manage both book and tax depreciation. For example, a business owner buys a new piece of machinery for business use.

Tax 52

Tax tax return accounting principles Account 52

ThomsonReuters

OCTOBER 24, 2023

Jump to: Automation, AI Technology: A Time and Resource Saver Outsourcing: Scale your business and reduce your costs A flexible work model: Expand your talent pool and gain a competitive edge How to handle the shortage of staff in your accounting department Recent trends have only amplified this challenge.

Account 52

Account accountant accounted Technology 52

ThomsonReuters

FEBRUARY 14, 2022

Every tax and accounting firm is unique, so there’s really no one-size-fits-all approach to hiring. Understanding your company culture is a useful step in finding a new accountant who is the right fit for your firm. Do you need someone who will fit well within the existing team or bring some new efficiency into it?

Account 92

Account accountant accounted accounting firms 92