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?

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Snyder

NOVEMBER 17, 2022

Accountancy firmly belongs to the financial sector but it also shares a lot of key features with the service industry. No one can be an expert in all those areas, that’s why finding a helpful blog for accountants is such a great idea. So let’s begin our journey to the land of accountancy! Small business owners.

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ThomsonReuters

APRIL 23, 2021

In 2020, tax and accounting professionals found themselves amid a major disruption in their daily firm life. As we move forward through the COVID-19 pandemic, will the virtual CPA be here to stay? The COVID-19 pandemic and shifting to a virtual office. Now, you need to start migrating this. Weeks later, the US followed.

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Xero

MARCH 29, 2023

But for many people, there is confusion around what the metaverse actually is and how it could be used in a practical way. The metaverse is a form of internet that operates as a blended and immersive virtual world, powered by a mix of virtual reality (VR) and augmented reality (AR).

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Xero

JULY 28, 2022

Xero connects with over 1,000 apps that help small businesses and their advisors succeed, check out the Xero App Store. Each month we celebrate an app partner who stands out for helping small businesses thrive. Find out more about becoming a Xero app partner here. Preparing the UK for ‘Making Tax Digital’ in 2024.

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ThomsonReuters

APRIL 4, 2022

Whether you’ve read about it in industry publications, heard about it at trade conferences or discussed it with your peers, you know that more and more firms are shifting away from compliance-based practices in favor of higher-value advisory services. You see the value in investing in the solution, but will your boss?

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tax preparation Tax accounting and finance Education 97

SchoolofBookkeeping

FEBRUARY 26, 2024

QuickBooks Online is a popular accounting software for small businesses and it provides a range of bill pay options. One of the most important features for business owners is the ability to pay bills electronically, which can save time and reduce errors. In this blog, we will explore each of these options in more detail.

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ThomsonReuters

MAY 19, 2022

Unfortunately, businesses often make assumptions about what their clients want. Sometimes they miss the mark, which can lead to misunderstandings, unmet expectations, and potentially dissatisfied clients who eventually take their business elsewhere. Make it easy for clients to communicate with you and give you feedback.

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MineralTree

FEBRUARY 22, 2024

Small and mid-sized businesses (SMBs) are the bedrock of the global economy — responsible for the majority of jobs, products, and services worldwide. This blog takes a deeper dive into how your business can benefit from integrating your AP automation with Sage Intacct. But are they getting the most out of the platform?

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ThomsonReuters

MAY 19, 2021

Over the past year, virtual communication practices have accelerated and changed our normal pattern of behavior with our clients. With the pandemic forcing firms to engage with clients in new ways, an opportunity arises to set expectations around what methods will stay with us long-term. Email response time might be what?

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SchoolofBookkeeping

FEBRUARY 2, 2024

Advanced Inventory Tracking inventory Using QuickBooks Online For years the outcry from the accounting community has been “QBO doesn’t track inventory” and when QBO was first unveiled (circa 2000), that was 100% accurate. It was originally launched to cater to service based industries, not product based industries.

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5 Minute Bookkeeping

OCTOBER 28, 2021

Many businesses are switching to virtual offices, which opens up new challenges and exciting opportunities for accountants and bookkeepers. There are a few essentials you will need to know if you are ready to successfully make the switch to working virtually. The challenges of working with clients virtually.

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ThomsonReuters

DECEMBER 20, 2021

No matter the size, all businesses have their ups and downs. For small accounting firm owners, feeling as though your business is in a rut is a uniquely personal and challenging experience. However, recognizing that you have issues to fix is the first step to taking back your business and reemerging stronger than ever. .

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Anders CPA

DECEMBER 18, 2023

As a former partner of mine used to say, “You can’t eat AR (accounts receivable), and you can’t eat WIP (work in progress).” What part of the process can be automated? If not, what are the consequences and how do we get them to comply? No one likes a December surprise. Bill and collect on a regular cadence.

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LyfeAccounting

OCTOBER 20, 2020

?. So you’ve heard of “Virtual CFO Services”. But you have absolutely no idea what this means, and if you even need it in your business. 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.

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LyfeAccounting

OCTOBER 20, 2020

?. So you’ve heard of “Virtual CFO Services”. But you have absolutely no idea what this means, and if you even need it in your business. 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.

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LyfeAccounting

OCTOBER 12, 2020

There is one thing in business that is constant and remains the same: The need for proper bookkeeping and accounting. According to Entrepreneur Magazine , 7 out of 10 businesses fail within 10 years due to their inability to control expenses. Why go Virtual? Why do you even need a CPA? What is a CPA?

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MineralTree

JUNE 15, 2023

As a business grows and expands, its financial management needs often grow increasingly complex. NetSuite specifically is highly customizable, making it a popular choice for mid-market businesses. In this blog, we’ll provide a comprehensive guide to integrating NetSuite with an AP automation platform.

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ThomsonReuters

SEPTEMBER 19, 2023

Jump to: Job security: AI is an enhancement, not a replacement Making AI work for you: Best practices for tax professionals A collaborative future with AI The dawn of artificial intelligence (AI) has sparked concerns across various industries about the potential replacement of human workers with machines. Scary, right?

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Xero

FEBRUARY 15, 2023

With new innovations unlocked almost daily — each with a unique promise to transform how we do business — how do busy small businesses and their advisors separate the fad from the fancy? For small businesses, though, it’s still tricky to see what these capabilities actually look like.

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Technology accounting and finance Finance Education 83

5 Minute Bookkeeping

DECEMBER 2, 2021

Is not knowing how to charge for bookkeeping services holding you back? I know that for many virtual bookkeepers, the problem isn’t the technical know-how, the problem is being able to confidently price their services. Read on if you’d like a peek at what I’ve come up with. It’s just a business transaction.

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ThomsonReuters

APRIL 4, 2022

Sure, your firm’s tax compliance software does its job, but you know that there’s room for significant improvement. What’s more, you’ve found the new software solution that you believe can deliver all of the powerful, time-saving tools your firm needs to work better and faster. So, how do you get your boss on board?

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Ronika Khanna CPA,CA

NOVEMBER 17, 2023

What is the Gig Economy? Airbnb Task based platforms e.g. taskrabbit or pet sitting services E-commere selling e.g. ebay, Amazon and affiliate programs Writing/Blogging which generates revenue either by selling articles to publications or via ads on their website Virtual assistants, online surveys, tutoring etc.

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ThomsonReuters

JULY 20, 2021

Accounting keeps the global wheels of commerce rolling. Our vision is to empower tax and accounting firms by giving professionals the time, tools, and insights to secure the financial health of their clients. We recognize how critical that relationship is to your business and to your clients. For example, did you know….

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tax return accounting and finance Tax Technology 52

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. Why do you care? The numbers are just small.

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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. Accountants’ specialized knowledge can support your startup business in many ways. Table of Contents. Why do you care?

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ThomsonReuters

FEBRUARY 23, 2023

Miscommunication, unrealistic expectations, and personality differences are bound to surface on occasion, but establishing boundaries early on can help accountants avoid these problems and better manage client expectations. The relationship accountants have with their clients is no different. They don’t view you as a partner.

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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. DON’T OVER- OR UNDER-HIRE.

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5 Minute Bookkeeping

JULY 29, 2021

If you’re looking for the best tips for taking on a massive undeposited funds cleanup in QuickBooks Online, this is the blog post for you. Before you attempt to clean it up, let’s take a look at what you need to know so you can take on this project with confidence. Tip #3: Diagnose the cause of the problem.

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quickbooks bookkeeping tax return Start-ups 52

Ryan Lazanis

FEBRUARY 3, 2023

If you’re looking for tried, tested, and true tactics to help you generate more accounting leads for your firm, you’re in the right place. Table of Contents What is Lead Generation for Accountants 21 Tactics to Help You Generate Leads What is Lead Generation for Accountants? But what is lead generation?

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Xero

MAY 11, 2022

We’re shining a spotlight on the Black Business and Professional Association (BBPA), a non-profit, charitable organization formed in 1983 with the goal of addressing equity and opportunity for the Black community in business, employment, education and economic development. Tell me about your business.

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ThomsonReuters

DECEMBER 3, 2021

With global supply chain challenges spurring dire headlines of precariousness, more than 3,000 transportation, logistics, fulfillment, and warehouse professionals from around the world gathered in October for the Reuters virtual Supply Chain Execution 2022 event. It really is about. It really is about.

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ThomsonReuters

DECEMBER 3, 2021

With global supply chain challenges spurring dire headlines of precariousness, more than 3,000 transportation, logistics, fulfillment, and warehouse professionals from around the world gathered in October for the Reuters virtual Supply Chain Execution 2022 event. It really is about. It really is about.

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Technology Healthcare Hospitality Transportation 52

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.

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LyfeAccounting

MARCH 25, 2021

As an accounting firm, we get asked all the time. “What should my business entity be? ” Well, the truth is, sometimes you need an LLC, and guys, sometimes you don’t. So in this post, we want to set the record straight, eliminate the confusion, and breakdown who needs an LLC and who doesn’t.

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inDinero Accounting

DECEMBER 6, 2021

Knowing which one is right for you, and making it work, can be a confusing challenge. What is Budget Forecasting? Your budget is the lifeblood of your business. The circulation of your finances ensures continued operations to meet the needs of your clientele. Check out inDinero’s financial service offerings: Accounting.

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LyfeAccounting

JUNE 21, 2021

Opening a business checking account at the same place where you bank personally may not be the best option for your business. So, what are the best business checking accounts for small businesses? How To Compare Business Checking Accounts. Best Business Checking Accounts For Startups.

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