Avoid Pitfalls in Pursuing Paperless Goal
A majority of firms will be paperless within the next three to five years. Right this minute, managing partners are seeking out the most productive technologies to streamline workflow, while also providing instant access to client files. A plethora of benefits is gleaned by an accounting firm when it converts to a paperless document management (DM) system. The new paperless world seems to make document storage, retrieval, collaboration and security seamless, effortless and affordable. But beware, there are risks and pitfalls to going paperless.
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Greg Rosser Gives Straight SALT Talk
Meet Greg Rosser, an executive director, and the national Sales and Use Tax Automation practice leader, at Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations. He has 20 years of process automation experience in industry and public accounting, developed numerous custom tax applications and integrated third-party tax engines with various financial systems. Greg is author of "Automate Your Sales and Use Tax Process to Reduce Costs".
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Ideas in Motion is a monthly column designed to focus on best practices within CPA firms and organizations involved in providing technology related services.
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Budgeting and Profit Planning: Calculated Account Budgets - Part 12
This is the 12th article in a series about Budgeting and Profit Planning. The following article focues on Flexible budgeting, or variable budgeting as it is sometimes called which is a technique for budgeting based on the future variability of business volumes. This material is adapted from The Automated Accounting Systems and Procedures Handbook (John Wiley, New York 1991) Chapter 11.
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This column presents a new accounting system concept each month that may be applicable to your organization.
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