Articles & Resources

Microsoft Great Plains End-of-Life Everything you  need to know… Microsoft announced in October 2019 it would sunset Dynamics GP, its midmarket business and accounting offering, with support ending by 2028. Now, the company promises to keep support going through 2028….

Jan 18, 2022

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What is a Right of Use Asset? A right of use asset, or ROU, is a lessee’s right to use an asset over the course of a lease. More formally stated, an ROU asset is any non-monetary asset that is…

Jan 07, 2022

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Private companies and nonprofits will not see further relief from the effective date of FASB’s new lease accounting standard after the board voted unanimously Wednesday to reject a request for a two-year expansion that was submitted by Pennsylvania Institute of…

Nov 18, 2021

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Once your business is established and running well, you may be inclined to let things continue to run as they are. However, its actually a good time to plan again. After the crucial early stages, you should regularly review your…

Oct 28, 2021

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Whether we like it or not, budgeting season is here. It begins as early as August, with finance teams hoping to wrap up the annual budget before their set yearly deadline, typically in December. The importance of the budget cannot…

Oct 19, 2021

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If you are finding yourself unsure of the difference between a retained search and a contingency search – you are not alone! At first glance, it appears to be a matter of how the recruiter gets paid. A retained search…

Oct 04, 2021

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As an entry-level accounting system, QuickBooks is a logical choice for small businesses and entrepreneurs looking for an easy way to track basic finances. And it works – until it doesn’t. For many businesses, QuickBooks can create time-intensive problems that…

Aug 03, 2021

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Outsourced accounting is quickly becoming a lucrative strategy among small and medium-sized businesses that want to reduce overhead expenses without sacrificing efficiency. If you are running a business, it is important that you understand the difference between outsourced and in-house…

Jul 26, 2021

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As a small business owner, you realize the importance of keeping your overhead costs as low as possible. You probably are spending lots of your time keeping a close eye on your expenses and might even do your bookkeeping yourself…

Jun 29, 2021

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If you are using spreadsheets to maintain your leases, you know what a pain those spreadsheets can be. They are error-prone, difficult to adjust, and can even increase risk. Or, as one audit partner excellently put it to me recently,…

May 25, 2021

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ProNexus Lease Accounting Software Demo Why Using Spreadsheets Can Be Risky Webinar Date: Tuesday, June 22nd Time: 11 AM – Noon Register Now Not only is using Excel a risky method, but it can also be incredibly time consuming when…

May 24, 2021

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The New Lease Accounting Standard Checklist: How to Identify Embedded Leases While embedded leases are not a new concept in accounting, they are now receiving a lot more attention. In the past, operating leases weren’t recorded on the balance sheet,…

May 10, 2021

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