EPISODE · Aug 26, 2020 · 59 MIN
Value Pricing Accounting Advisory Services
from The Accounting Podcast · host Blake Oliver & David Leary
SponsorsAccountingSuite: https://cloudaccountingpodcast.promo/asuiteLivePlan Bootcamp: https://cloudaccountingpodcast.promo/lpbootcampBQE CORE: http://cloudaccountingpodcast.promo/coreShow Notes04:33 – One of this week's voicemail messages – Shana06:40 - Increase your restaurant profits by tracking fiscal weeks in QuickBooks Online Advanced – Intuit QuickBooks08:16 - Xero and TriNet provide full-service HR solutions to U.S. small businesses – Xero Blog09:00 - NetSuite Adds More Remote-Friendly Accounting Features – CPA Practice Advisor10:20 – More about building your own bank feed – Episode 132 11:07 - Intuit’s QuickBooks Accounting Software May Now Access Financial Data Provided by Bank of Montreal Customers via New API– Crowdfund Insider11:45 - Amex acquires SoftBank-backed Kabbage after tough 2020 for the SMB lender– TechCrunch13:13 - Trump Expresses Support for Oracle to Buy TikTok – WSJ14:43 - Automate bank reconciliations with Excel Power Query – Financial Management17:27 - The Oracle of National ID Cards – Wired 18:10 - IRS To Begin Sending Out Interest Payments To Millions Of Taxpayers With 2019 Tax Refunds – Taxgirl19:00 - IRS will stop sending overdue notices until it catches up on mail backlog – Accounting Today 19:56 - The payroll tax holiday will kick off in two weeks. Your employer isn’t ready – CNBC20:13 - NPRC Statement on Employee Social Security Tax Deferral - NPRC21: 51 - Potbelly returned its first $10M PPP loan after public uproar — then it applied for another one– Fox Business22:14 - AICPA is urging congress to make a technical correction to fix the tax treatment of loan forgiveness on PPP loans – Accounting Today 24:00 – Our second voicemail, from TCAP friend, Hector Garcia. 30:35 - Clients disappointed with tax refunds, expect more from accountants (The Canopy Survey) – Accounting Today 38:42 - Patrick Knight of Adobe: 57% of Parents Feel Closer to Coworkers Now Despite Working from Home – Small Business Trends 42:20 - Where Opportunity Meets Value: Business Model Trends Report (Bill.com survey) – Bill.com 56:25 – A review! Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsClientHub: https://clienthub.appGo here to create your classified ad:https://cloudacctpod.link/RunClassifiedAd TranscriptDo you have some clients that need more than what your current cloud-accounting software can offer - more robust inventory tracking, more connections to online sales channels, more users, more permissions, more reports, more control, more customization, more flexibility? Stay tuned to hear more from our sponsor, AccountingSuite, later in the podcast. Blake Oliver: [00:00:22] ... And you don't have to go get new clients. If you're serving small clients, you can increase your revenue 31% just by adding advisory services. David Leary: [00:00:30] Especially if you already are doing this. If you already offer this service at your firm, and you're not selling this in a good way to an exi...
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What this episode covers
We've got a lot to talk about in this episode including how clients disappointed with tax refunds, expect more from accountants, more app news with QuickBooks Online Advanced now supporting fiscal weeks for restaurants; NetSuite adding more remote-friendly accounting features, and Xero and TriNet providing full-service HR solutions to U.S. small businesses. In other news, a reported 57% of parents feel closer to coworkers now, despite working from home. The IRS will start sending out interest payments to millions of taxpayers with 2019 tax refunds. In PPP news, Potbelly returned its first $10M PPP loan after public uproar. All this and much more! Enjoy!
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Value Pricing Accounting Advisory Services
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