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Category: Accounting


Accounting, Industries

5 Cash Management Tactics Small Businesses Use to Become Bigger Businesses

April 23, 2018

Via: Entrepreneur

You may have heard the phrase “Cash flow is the blood that keeps a business alive.” This couldn’t be truer, as consistent positive cash flow can help a business owner pay expenses, invest in new opportunities or grow a business. […]


Accounting, Industries

3 Tips for a Successful Inventory Accounting Software Change in 2018

February 23, 2018

Via: Blue Link

It’s hard to believe we are already over a month into 2018. For many businesses, January marks not only the beginning of the calendar year but also the beginning of the fiscal year which means new budgets, new projects and […]


Accounting, Industries

Dynamics GP Project Accounting

February 5, 2018

Via: ERP SoftwareBlog

Dynamics GP Project Accounting does not get much attention; however, the module is very strong in many areas and where it fits, it fits really well. Microsoft has enhanced the module over the past few versions as follows: A new Timesheet […]


Accounting, Industries

Warning Signs your Accounting Software is Hurting Your Business

January 19, 2018

Via: ERP SoftwareBlog

For most businesses, it makes good sense to get started with some sort of basic accounting software. Then, as financial, customer service and other  requirements demands increases, you can move to a more sophisticated business management system. However, the challenge […]


Accounting, Industries

5 Ways To Keep Your Accounts Payable Security Tight

January 18, 2018

Via: ERP SoftwareBlog

Whether it’s online or in the real world, fraud prevention should be a top priority for any company, regardless of size or field. Even relatively “minor” cases of AP fraud can result in businesses losing tens of thousands of dollars. Fortunately, there are […]


Accounting, Industries

The Top 5 Traditional Accounts Payable (AP) Pains When You Use Your ERP Alone

December 28, 2017

Via: ERP SoftwareBlog

Most finance professionals know that manual accounts payable (AP) processes are plagued with problems. However, many of the business people that we speak with have a hard time articulating what it is about their AP process that’s so challenging, and what […]


Accounting, Industries

ASC 606 – 5 Steps to Accounting Compliance

October 6, 2017

Via: ERP SoftwareBlog

Summary of 5 Steps to ASC 606 Compliance Manage your revenue allocations so you can confidently and efficiently comply with ASC 606 and IFRS 15. 1.Identify Contracts with Customers An agreement between two or more parties that creates enforceable rights […]


Accounting, Industries

Accounting firms keep the status quo, but disruption looms

May 31, 2017

Via: Computer World

Recently I wrote a post about the accounting profession and its future in light of artificial intelligence (AI) and software vendors’ eventual and unavoidable intention to apply it to problem areas that accounting professionals usually deal with. My post certainly […]


Accounting, Industries

How Do You Know if You’ve Outgrown Using Excel for Accounting

May 25, 2017

Via: ERP SoftwareBlog

It’s no surprise that every business somehow uses Excel in their everyday routine. It’s the easiest and the most popular tool to organize your company’s data. But eventually your data starts to outgrow Excel possibilities. Here are 3 signs that […]


Accounting, Industries

19 Steps to a Successful Evaluation, Selection, and Implementation of a New ERP/Accounting System

May 22, 2017

Via: ERP SoftwareBlog

When most companies embark on a search and evaluation of new ERP/Accounting software, they don’t bring to the table a lot of fresh experience. Normally, companies only make such a big system change every 7 to 10 years! As a […]