Leader at accounting firm discusses trends and best practices regarding unclaimed wages

Their blog is a repository of fantastic insights for accountants and bookkeepers that go beyond just helping to get the most from QuickBooks. Some of the subjects covered include accounting technology reviews and thoughts on how you can adopt them within your own practice. Perhaps the most compelling reason to read Insightful Accountant is the sheer variety of content they publish. Through their website, newsletter, and podcast, they ensure advisors have access to breaking news, practice management tips, software best practices, and the newest tech that is shaping up the industry. The primary aim of the content is to keep accountants up to date on changes to tax regulations, industry news, and practice management. While it’s definitely focused on the more technical end of the profession, it’s full of practice advice that you can implement.

How to Outsource Your Bookkeeping

The new accounting feature includes updates to the Chart of Accounts to support full accounting for property managers and landlords. A Chart of Accounts (CofA) is an organizational tool used for indexing all financial transactions by category in a company’s general ledger. Rentec Direct currently offers income and expense categories what is average payment period and how to calculate it for the Chart of Accounts, and this update will expand upon that by adding the remaining account types (Assets, Liabilities, and Equity). With QuickBooks Enterprise, business owners can set up volume discounts and customize pricing rules according to sales rep, item category or customer in the Platinum plan and up.

A Guide to the Restaurant Revitalization Fund

Heather’s official blog focuses on apps and technology but also showcases a lot of cool people in the profession. Soul of Enterprise PodcastHosted by Ron Baker and Ed Kless, Soul of Enterprise champions wealth created by intellectual capital. Some of their most popular episodes feature interviews with industry experts and thought leaders. Bookkeeping Side HustleCreated by FreshBooks Accounting Partner Kate Josephine Johnson, this blog is just one component of her side hustle community.

The Impact of Income Tax Liability on Your Balance Sheet

Hundreds of stories, jokes, videos, anecdotes, links and quotes relating to accountants, accountancy and tax related topics. MineralTree features thought-leadership style blogs that detail the latest in accounts payable and payment automation. Explore hundreds of pieces that focus on industries from healthcare to retail and cover everything accounts payable.

Business Line of Credit: How Does it Work?

Most people know Insightful Accountant as the key information source on Intuit QuickBooks, Xero, and Sage. As an independent news and information source, Insightful Accountants is written to help QuickBooks ProAdvisors, CPAs, and Bookkeepers on latest accounting technology updates. The month of November is a time to pause and pay tribute to the rich and remarkable history, ancestry, and traditions of Indigenous Americans. This time is also an opportunity to raise awareness about the unique challenges Indigenous people in the US have faced—and continue to face. Looking for ways to celebrate or further educate yourself about Indigenous heritage? Check out our link in bio for some great resources to get started.

1. He is the sole author of all the materials on AccountingCoach.com.
2. The Restaurant Revitalization Fund offers grants businesses the serve food and beverages.
3. However, it’s best to separate these duties for a growing business.
4. We recommend skipping them in your exploration of the best accounting software for small businesses, unless you can live without some key features these products lack and their price tag feels worth it to you.
5. You’ll find guidance on everything from selecting the right accounting software to filing taxes and managing client relationships.

Each blog on our list provides something valuable, whether that’s accounting tech reviews, breaking news, or the insights and best practices you need to become a better accountant or a more informed business owner. For firms and small business owners engaged in, cash flow planning, forecasting, financial reporting issues, accounting and finance, and advisory services, Float is a good blog to check out. There’s some good content for firm owners and small business owners on this blog by this accounting practice management software company. Between running your practice, serving your clients, and life in general, keeping up with the latest accounting industry news is a challenge. Whether your goal is to learn about marketing your firm, getting into advisory services, or spending time on professional development, there are tons of resources online for accounting professionals.

An ecommerce business plan can help you organize your business, set concrete goals, and appeal to potential investors. The Minority Business Enterprise program helps minority-owned businesses access new business opportunities and reach other financial benefits. Want to be a small business owner, but don’t want to start your own? Not to be confused with the C corporation, the S corporation is a unique tax filing status that provides access to significant tax benefits. Here are the twelve steps you need to follow to start a business with longevity. A micro loan gets you funds of $50,000 or less—even if your business is brand new, or your credit record has seen better days.

The same plans help speed up the inventory count process by allowing businesses to use mobile devices as barcode scanners. And unlike some competitors that only track single inventory items, QuickBooks Enterprise lets you track inventory parts plus assemblies. You can also track the cost of goods sold and adjust inventory for loss or shrinkage. If you don’t want to manually enter transactions into Wave, you can opt for the Pro plan to link an unlimited number of bank and credit card accounts for automated reconciliation.

If you don’t want them to bankrupt your business, you probably need some kind of small business insurance. We round up the best small https://www.quick-bookkeeping.net/does-my-small-business-need-an-accountant-or-a/ business insurance providers of 2023. Starting a catering company could be the right move for you—and these 12 steps make it easy.

Sure, AI will have a real and lasting impact on accounting. However, it will augment rather than replace accountants outright. Indeed, a recent report by the Institute of Management Accountants suggested that there is a shortage of skilled accountants https://www.kelleysbookkeeping.com/ right now. Despite the availability of cutting-edge technology, there is still a lot of demand for skilled bookkeepers and accountants. Jason Blumer runs Thriveal with his partner and he always has awesome content for modern firms on his blog.

Strategies, tactics and best practices from Accounting Today’s Firm Growth Forum. Plus, FICPA presents Women to Watch Awards; Baker Tilly expands enterprise risk management practice; and more news from across the profession. Plus, TaxDome adds AI reporting feature; Protiviti uses new “ProtivitiGPT” to enhance internal ops; and other accounting tech news. Accounting Today’s annual selection highlights some of the most cutting-edge practices in the country. Keeping cops in shape and running a few gyms is all in a day’s work for Kelly Kennedy. Here’s how she handles her financial admin, while staying sane.