ThomsonReuters

APRIL 30, 2024

Jump to: The role of emotional intelligence (EQ) in client relationships The evolution of client service in accounting firms Leveraging technology for enhanced client service Forward-looking accountants are increasingly realizing the importance of harmonizing technical tax expertise with interpersonal relationship skills.

Technology 52

Technology accounting firms financial statements Tax 52

ThomsonReuters

NOVEMBER 28, 2023

Jump to: Reflect on your current tax workflow Use automation to boost staff engagement and retention Unlock growth opportunities With staffing shortages of epic proportions, the accounting industry is facing a crossroads. Reflect on your current tax workflow. What are your methods for client communications?

Technology 112

Technology Account accountant accounted 112

ThomsonReuters

AUGUST 25, 2023

Managing corporate tax depreciation Each tax season, business clients turn to their accountant for assistance in navigating corporation tax depreciation and leveraging every tax deduction they can take to minimize their tax liability. With tax obligations on the rise, your role as a trusted advisor is bound to grow in importance.

corporation tax 98

corporation tax Tax income tax financial statements 98

ThomsonReuters

JUNE 29, 2023

As most of us know, tax and accounting automation involves s treamlining and standardizing tax inputs and workflow processes using technology. While standard tax software offers some of these benefits, the most transformative results come as a result of the holistic integration of APIs. How do APIs help with automation?

Technology 98

Technology accounting firms Tax Account 98

Xero

NOVEMBER 27, 2023

Paying bills is a crucial part of the cash flow equation, and yet it’s usually a very manual process for small business owners. There is also no standardised way for businesses in the UK to pay bills in bulk. We’re the first major small business cloud accounting software in the UK to offer on-platform bill payments using open banking.

Technology 95

Technology accounts payable accounting software Start-ups 95

ThomsonReuters

DECEMBER 8, 2023

As technology has evolved, so too has the accounting profession. From paper-based processes to cloud-based software, accountants are no strangers to change. No previous advancement, however, has had the potential to alter accounting (and many other industries) quite like generative artificial intelligence.

Account 108

Account accountant accounted Technology 108

Xero

NOVEMBER 13, 2023

Many governments around the world are introducing eInvoicing as a way to drive digitisation of the small business economy, with some regions even mandating its use. While it’s still early days in the UK, we expect that eInvoicing will eventually become a global best practice standard and a natural part of the cloud accounting process.

small business accounting software 52

small business accounting software accounting software accounting system bookkeeping 52

MineralTree

OCTOBER 26, 2023

Automation is reshaping the way companies manage their financial operations, especially in accounts payable (AP). Understanding how AP automation works and how it streamlines AP processes is vital to keeping your company ahead of the curve in a rapidly evolving business finance landscape.

AP Automation 76

AP Automation Technology AP Processes accounts payable 76

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

ThomsonReuters

JULY 25, 2023

Thomson Reuters: How are certain trends in politics, culture, technology, or industry affecting businesses? Thomson Reuters: If a business has plans to implement any system changes now or in the near future, should indirect tax (IDT) automation be considered? Thomson Reuters asked Malloy and Wing for further guidance on the topic.

Technology 93

Technology Tax audit Sales 93

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. 5 ways accountants can manage email more efficiently. Develop a strict email schedule.

Account 95

Account accountant accounted accounting firms 95

Reckon

AUGUST 2, 2023

Guest post blog by Catherine Schwartz Today, having more than one income stream is completely feasible. With the help of the internet and a new generation of unprecedented digital advancements, hundreds of thousands of Australians are starting new small businesses or side hustles.

accounting and finance 98

accounting and finance Non-Profits Start-ups Finance 98

ThomsonReuters

OCTOBER 24, 2023

This data is often coming from a variety of sources, which can make it difficult to reconcile. In addition, as businesses become more globalized, accountants must be able to account for transactions in multiple currencies,” wrote Benjamin Wann, owner of Asheville, N.C. based CFO Consultants, in a blog post.

Technology 52

Technology Tax corporation tax accounting and finance 52

inDinero Accounting

DECEMBER 13, 2021

Running your own business can be rewarding, but it also requires a wide range of skills. One of the most critical aspects of running your own business is accounting. Unfortunately, not every business owner has the energy or knowledge to decide between cash vs. accrual or Netsuite vs. Quickbooks.

NetSuite 104

NetSuite accounting software quickbooks Account 104

ThomsonReuters

JUNE 16, 2023

The accounting profession is in the midst of a transformation, and firms must ensure they are upskilling their accountants to remain competitive and keep pace. This article will explore how current technology can help accountants find the time they need to broaden their skillsets and further propel their career.

Account 98

Account accountant accounted Technology 98

ThomsonReuters

JANUARY 8, 2024

Automation of routine tasks One of the most significant ways AI has revolutionized the tax and accounting profession is through the automation of routine tasks. Automation of routine tasks One of the most significant ways AI has revolutionized the tax and accounting profession is through the automation of routine tasks.

Tax 101

Tax Account accountant accounted 101

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? . Assess your current processes and tech stack. The result?

Technology 105

Technology Account accountant accounted 105

Ronika Khanna CPA,CA

SEPTEMBER 1, 2023

As an accountant and financial consultant , I am often presented with the task of organizing and analysing data into a format that allows for greater insight into my clients businesses. You can refer to my article on whether you should use a spreadsheet or accounting software. See below for more details.

accounting software 72

accounting software accounting and finance tax return Start-ups 72

DuctTapeMarketing

JULY 31, 2018

Marketing Training for your team. Consulting Business. Small Business Finances. How Cloud-Based Accounting Software Can Benefit Your Business. How Cloud-Based Accounting Software Can Benefit Your Business.  Services Online Audit. Strategy First. Website Review.

accounting software 147

accounting software Account accountant accounted 147

Mark Lee

OCTOBER 31, 2023

You’re not alone if you’re fed up of hearing commentators, software vendors and app developers tell you what your clients are thinking. I’m not in practice any more and I’m certainly fed up of hearing this nonsense – as what they are saying makes no sense when they talk about your current clients. Not that they know of course.

tax return 92

tax return bookkeeping bookkeeping software accounting and finance 92

Xero

OCTOBER 9, 2023

We are pleased to share the key findings from our study of the accounting and bookkeeping sector in Aotearoa New Zealand. The State of the industry report 2023 is the first of its kind in Aotearoa New Zealand and benchmarks the industry, highlighting key trends, challenges, and opportunities faced by accounting and bookkeeping professionals.

bookkeeping 68

bookkeeping Agriculture Hospitality Construction 68

Accounting Insight

AUGUST 3, 2023

Kletta is the the accounting toolkit for Sole Traders. From keeping track of expenses and travel, to easy invoicing and taking payments, Kletta gives visibility and control of cashflow while providing business insights. Kletta is a small business accounting toolkit for small businesses. What does Kletta do?

bookkeeping 52

bookkeeping accounting and finance Expense Management small business accounting 52

Ronika Khanna CPA,CA

DECEMBER 7, 2023

The search for the right accounting software can be a time consuming process. A Google search for “ small business accounting software ” yields over 250 million results. COST One of the most attractive aspects of QuickBooks Online (QBO) is you get a fully functional accounting software at a relatively low cost.

accounting software 52

accounting software quickbooks Account accountant 52

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

MineralTree

FEBRUARY 15, 2024

Is your accounts payable (AP) check run holding your business back? This blog explores the intricacies of the AP check run and actionable tips to fortify your financial processes. AP automation is crucial for modern finance teams to simplify payments and reduce manual steps associated with accounts payable.

AP Automation 78

AP Automation accounts payable Technology accounting and finance 78

Xero

OCTOBER 25, 2022

Which is to try to do some good on this planet before we leave it. . The team at EOG Accounting , a solely Xero practice based in North Wales, understands the need to meet business targets, but also to make a positive impact whenever possible. . We speak with Rhys Edwards, founder of EOG Accounting, to learn more. .

bookkeeping 97

bookkeeping Account accountant accounted 97

ThomsonReuters

DECEMBER 1, 2023

Therefore, helping business clients save money and reduce their tax burden by expensing property they’ve purchased for their company and claiming deductions for  depreciation  or  amortization  of assets is critical. Section 179 deductions are limited to annual taxable business income. Jump to: What is Form 4562? What is Form 4562?

tax return 97

tax return Tax Transportation Non-Profits 97

Ryan Lazanis

APRIL 13, 2022

In this article, you’re going to learn about what an accounting workflow is, the purpose your workflows serve in your firm with 9 key workflows that you can optimize in your accounting firms. Your organization has a variety of critical tasks that need to be completed on an ongoing basis. What is a Workflow?

Account 88

Account accountant accounted accounting firms 88

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. 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 preparation 64

tax preparation Tax tax return Technology 64

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

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

Xero

JUNE 16, 2022

As we look towards the new financial year, it’s the perfect time to reflect on what’s needed to make FY23 the best year yet for your business. One element that shouldn’t be underestimated is the tools and technology in your repertoire. Here’s how apps can help make FY23 be your best year yet. .

Technology 118

Technology accounts payable Manufacturing Tax 118

xendoo

AUGUST 30, 2021

Bookkeeping is critical to the financial health of every business, but business owners rarely have the time (or desire) to manage it themselves. To take their time back, many business owners choose to outsource their bookkeeping and accounting. So, how do you choose the right financial partner for your business?

bookkeeping services 91

bookkeeping services bookkeeping quickbooks accounting software 91

ThomsonReuters

OCTOBER 4, 2023

Jump to: How many accounting firms use AI? How do smaller accounting firms use AI? In today’s fast-paced business world, ignoring technology is not an option, and the field of accounting is no exception. How many accounting firms use AI? How do the Big 4 use artificial intelligence? For now, not many.

accounting firms 111

accounting firms Account accountant accounted 111

ThomsonReuters

AUGUST 25, 2023

Managing book and tax depreciation with software Depreciation. 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.

Tax 52

Tax tax return accounting principles Account 52

ThomsonReuters

AUGUST 25, 2023

Managing rental property depreciation with software Owning rental property can be an attractive real estate investment for many given the ability to collect rent and profit from the future, long-term sale of the property. Most likely, some of your clients are among them. Jump to: What is tax depreciation on rental property?

Tax 52

Tax Account accountant accounted 52

Ronika Khanna CPA,CA

NOVEMBER 17, 2023

This is a significant increase from 2022 in which the analogous percentage was 13%. Internet “content” subscription services which might include selling photos, videos and often includes erotic content. you don’t get a paycheque with deductions taken off from by an employer ) it is crucial that you understand your tax obligations.

Tax 52

Tax E-commerce audit income tax 52