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Sage Intacct's 2018 FAQs & Resources for Getting your 1099s Done

Your Best Option for Getting Your 1099s Done Quickly

With the 1099 season upon us, we’ve compiled a list of frequently asked questions to help you tackle all of your 1099 forms and reporting with Sage Intacct's Financial Management software.

Topics: 1099s back office Taxes Income Taxes compliance Awareness 1099 Accounting SaaS Sage Intacct FAQs

What to Do If You Missed the 1099 Deadline

If you missed my post a couple of weeks ago about the 1099 deadline, or if you simply fell behind and didn't get all your 1099-MISCs out the door to your vendors by the February 1st deadline, don't despair. The world is still turning and life is going to go on. It's not the end of the world, and you can still get yourself in compliance relatively easily. Doing nothing because you think it's too late is not a good option, though. That can get you into trouble with the IRS.

Topics: 1099s back office Taxes Income Taxes compliance Awareness

Understanding the Effects of Employee Fraud on Your Accounting System

John Verver recently wrote an article posted on CFO.com about the top areas of concern with regards to employee fraud. It's a great article, which made us want to draw attention to it, and it also got us thinking about the subject when it comes to what we do here at AcctTwo. 

Topics: Blog outsourced accounting accounting software back office Fraud Intacct Outsourcing accounting outsourcing internal controls Cloud computing outsourced back office Audit and Internal Controls Accounting Featured Posts Accounts Payable Awareness

Ephor Group Chairman Garry Meier Talks About Lessons Learned in the New Economy for SMBs

Ephor Group Chairman Garry Meier Talks About Lessons Learned in the New Economy for SMBs, AcctTwo CEO Marcus Wagner talks about business process outsourcing for SMBs, Intacct Channel Executive Peyton Burch talks about the benefits of Intacct's on-demand accounting and financial management system.

Topics: Blog middle market shared services back office management reporting FAO information systems Intacct Professional Services Industry CFO F&A outsourcing SaaS Outsourcing accounting outsourcing Intacct Media Coverage Software as a service controller outsourced finance and accounting internal controls Cloud computing outsourced back office Videos Accounting compliance bookkeeping

Size Doesn't Matter

I've had many conversations with people about business process outsourcing (BPO) and finance and accounting outsourcing (FAO), and whether a company is either too big or too small for outsourcing to make sense. Some people take the position that smaller companies should outsource, but will get to a certain point where they should really bring their accounting function in-house.

Topics: Blog outsourced accounting middle market shared services back office FAO CFO F&A outsourcing Outsourcing accounting outsourcing controller outsourced finance and accounting outsourced back office Accounting Featured Posts bookkeeping

Here's a Head-Scratcher - The Value of Audited Financial Statements

I met with a banker yesterday from one of the top 3 big national banks. We were introducing him to AcctTwo and our business process outsourcing services for small and medium-sized companies. We thought he would appreciate knowing that his clients could use AcctTwo to generate more timely and accurate financial and management reports, and his bank would get their required financial statements and borrowing base covenant calculations much faster.

Topics: Blog outsourced accounting shared services back office management reporting Fraud FAO CFO Taxes F&A outsourcing Outsourcing accounting outsourcing controller outsourced finance and accounting outsourced back office Audit and Internal Controls Accounting bookkeeping

What Is The Total Cost of Ownership of Your Finance and Accounting Function?

A few weeks ago I wrote a post about the total cost of ownership of your accounting software. As I pointed out, there are many more hidden costs of owning and operating your own enterprise accounting software than many people realize. If you haven't read that post, you might want to read it first, as this post builds on the concepts already introduced there. This post discusses the total cost of ownership of the entire finance and accounting function, including the enterprise accounting software and all the other costs.

Topics: Blog outsourced accounting accounting software shared services back office FAO Software Total Cost of Ownership (TCO) CFO F&A outsourcing Outsourcing accounting outsourcing Software Evaluation controller outsourced finance and accounting outsourced back office Accounting Featured Posts bookkeeping total cost of ownership

Operating in the Fog

One thing about living in Southeast Texas is that you never have to worry about having the same type of weather pattern between October and April. It can be sunny and 80 degrees one day and 45 degrees with a nasty north wind the next day. You never really know what you can expect, so you need to rely on the weatherman or weather sites to help you prepare for the coming days.

Topics: Blog outsourced accounting middle market accounting software shared services back office management reporting FAO Business Intelligence / Analytics CFO F&A outsourcing Outsourcing accounting outsourcing Software Evaluation controller outsourced finance and accounting outsourced back office Accounting bookkeeping

Can Your Fantasy Football Team Run Circles Around Your Accounting System?

I love playing Fantasy Football. I’ve been playing it since 1992 when a group of friends got together to form our first league. Honestly, I didn’t understand Fantasy Football, but just being able to hang out with my friends and compete with them was enough to suck me in.

Topics: Blog outsourced accounting middle market accounting software shared services back office management reporting FAO Intacct Business Intelligence / Analytics CFO F&A outsourcing Outsourcing Financial Reporting accounting outsourcing Cloud Computing / SaaS Software Evaluation AcctTwo News Software as a service controller Cloud computing Informational outsourced back office Financial Analysis, Ratios and KPIs Accounting Featured Posts bookkeeping

Overcoming the Back-Office Growing Pains of Being a Mid-Sized Company

There are many small and many large companies, but few mid-sized companies in between. Often companies don’t survive the growing pains inherent in being mid-sized.

The finance and accounting department is one that typically poses the most challenges. Once companies have outgrown a program like QuickBooks, they often get lost in a shoebox of receipts before they can afford a major server-based accounting system, or the finance staff to support it.

Topics: Blog middle market accounting software shared services back office management reporting FAO information systems CFO F&A outsourcing Outsourcing controller Informational Accounting bookkeeping