Minding Your Own Business (MYOB) is a cloud-based application that offers business management solutions. It renders services related to accounting and taxation. Like other applications, MYOB also needs to run on its latest versions for a smooth workflow. However, several users have reported MYOB Error Exporting to Excel after they
While succession planning in CPA firms has received a lot of attention – even to the level of anxiety – for a very long time, not enough firms have figured it all out. In fact, according to the 2020 Rosenberg Survey, only a little more than half of the firms
In this article, we will explore some of what you need to know now about Qualified Opportunity Zones(QOZs), which arose with the not-so-distant 2017 Tax Cuts and Jobs Act. First off, the goal of QOZs is to encourage investments in designated economic areas. The tax incentive encourages reinvestment of short-term
The biggest accounting firms take advantage of the government’s revolving door.
Lawyers from top accounting firms do brief stints in the Treasury Department, with the expectation of big raises when they return.
Many enterprises recommend QuickBooks as the most useful application for business needs due to its guaranteed features and a full-fledged user interface. Users have the options to manage inventories, accept payments, run reconciliation, payroll, and pay liabilities while working with QuickBooks. Even with so many perks, users sometimes hit a
Are you curious about how artificial intelligence (AI) could benefit your business, but not sure where to start? Machine learning, a part of AI, can handle many routine accounting processes, allowing accounting professionals to focus on more complex tasks. In this article, I’ll discuss three steps you can take to find
Recently, an AccountingWeb reader asked, “What are the main differences between a for-profit and a not-for-profit company business structure?” First, it’s helpful to know that there are different varieties of for-profit and nonprofit companies. For example, a for-profit might operate as a sole proprietorship or general partnership. Or, it might
How well did your firm’s accounting technology support your team and clients during the pandemic? In many accounting firms, the technology plan quickly shifted to what can best be described as “snatch and grab” in March of 2020. Of course, doing the best you can during a worldwide pandemic isn’t
IRIS Software Group (IRIS), a global accounting software provider, has acquired Conarc, a US document management software provider for CPA firms. Financial terms of the deal were not disclosed. Founded in 1996, Conarc’s iChannel software solutions were designed to enable CPA firms to connect all information in one place, allowing