We discussed some of the changes and challenges the new standards pose for organizations across all industries in our two-part blog. Part one explores the basics of ASC 606, including background and departmental effects, and part two explores the five step process to recognize revenue as defined under the standard. Background The new Revenue Recognition […]
https://rinehimerbaker.com/wp-content/uploads/2017/04/RB_Blog_ASC606.jpg300300rinehimerbakerhttps://rinehimerbaker.com/wp-content/uploads/2017/10/Cloud-Accounting-Solutions-rinehimerbaker.pngrinehimerbaker2017-04-27 16:55:352017-07-12 17:05:05How Will ASC 606 Affect Different Industry Standards?
Conventional wisdom tells us that we have to make mistakes in order to learn and grow. That’s definitely the case with on-the-rise businesses, who make plenty of mistakes as they move their operations from entrepreneurial through enterprise-level. Sure, there’s a lot of in-between—but near-constant change and recalibration in the ways the organization manages everything from […]
https://rinehimerbaker.com/wp-content/uploads/2017/02/RB_Blog_OutgrownQuickBooks.jpg300300rinehimerbakerhttps://rinehimerbaker.com/wp-content/uploads/2017/10/Cloud-Accounting-Solutions-rinehimerbaker.pngrinehimerbaker2017-04-20 18:06:472017-05-05 20:21:355 Common Accounting Mistakes Made By Growing Companies
As your business grows, you begin to notice that the challenges of today take a little bit longer to address than they used to. With more growth comes more data, and with more data comes more time needed to complete basic tasks like closing the books each month. Unfortunately, in the wake of growth, too […]
https://rinehimerbaker.com/wp-content/uploads/2017/04/RB_Blog_SevenDeadlySins.jpg300300rinehimerbakerhttps://rinehimerbaker.com/wp-content/uploads/2017/10/Cloud-Accounting-Solutions-rinehimerbaker.pngrinehimerbaker2017-04-17 18:12:432017-05-05 20:24:38Infographic: Seven Deadly Sins of Financial Management
For nonprofits who follow a January 1-December 31 calendar, one of the most important dates of the year is coming up: Form 990 filing day. Just as March 15 for corporations and April 15 for individuals, May 15 holds a great deal of importance for tax-exempt organizations, nonexempt charitable trusts, and section 527 political organizations […]
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If you’re considering moving your ERP processes out of legacy systems and into the cloud, you’re coming face-to-face with some terms that might be new to your finance and accounting team. There’s Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS)—and they’re collectively referred to as the Cloud […]
https://rinehimerbaker.com/wp-content/uploads/2017/02/RB_Blog_AccountingSoftware.jpg300300rinehimerbakerhttps://rinehimerbaker.com/wp-content/uploads/2017/10/Cloud-Accounting-Solutions-rinehimerbaker.pngrinehimerbaker2017-04-07 18:07:362017-04-20 18:12:34Moving Your ERP to the Cloud? Learn the Basics of the Cloud Computing Stack
At rinehimerbaker, we know accounting. We also are pretty well versed in accounting software. We recently discussed some of the most important features you should be looking for from a new accounting software, and would like to continue that discussion in part two of this two-part series. Note: Part one highlighted the importance of having […]
https://rinehimerbaker.com/wp-content/uploads/2017/04/RB_Blog_Key-FeaturesPart2.jpg300300rinehimerbakerhttps://rinehimerbaker.com/wp-content/uploads/2017/10/Cloud-Accounting-Solutions-rinehimerbaker.pngrinehimerbaker2017-04-05 19:11:482017-04-05 19:13:48Eight Things to Look For in an Accounting Software (Part 2)
When you’re outgrowing an entry-level accounting software, you know what you don’t want: The headaches, hassles, and time drains that come from the manual processes and underwhelming functionality. However, as you look toward a new solution, it’s important to know what you do want from your next solution. In this two-part series, we look to […]
https://rinehimerbaker.com/wp-content/uploads/2017/04/RB_Blog_Key-FeaturesPart1.jpg300300rinehimerbakerhttps://rinehimerbaker.com/wp-content/uploads/2017/10/Cloud-Accounting-Solutions-rinehimerbaker.pngrinehimerbaker2017-04-03 19:06:532017-04-05 19:12:19Eight Things to Look For in an Accounting Software (Part 1)
When you’re looking at new accounting software, it pays to have the best information possible in order to make not just an informed decision, but an educated one. It’s important to look for information from a variety of sources that can allow you to select an accounting software built for your organization—rather than a one-size-fits-none […]
https://rinehimerbaker.com/wp-content/uploads/2017/03/RB_Blog_Intacct.jpg300300rinehimerbakerhttps://rinehimerbaker.com/wp-content/uploads/2017/10/Cloud-Accounting-Solutions-rinehimerbaker.pngrinehimerbaker2017-03-31 19:56:092017-03-31 19:56:092017 Buyer’s Guide to Accounting and Financial Software
If you’ve made the decision to replace your existing accounting system—but you haven’t pressed “Go”—you’re probably weighing the pros and cons of on-premise versus cloud-based software. Almost every growing company reaches this impasse, so congratulations! But if you haven’t gotten feedback from your accounting team regarding their new system wish list, now’s a great time. […]
https://rinehimerbaker.com/wp-content/uploads/2017/03/RB_Blog_Design_The3TopReasons.jpg300300rinehimerbakerhttps://rinehimerbaker.com/wp-content/uploads/2017/10/Cloud-Accounting-Solutions-rinehimerbaker.pngrinehimerbaker2017-03-24 20:17:432017-03-24 20:17:43The 3 Top Reasons your Accounting Team Wants to Upgrade to Intacct
St. Patrick’s Day has come and gone, and if you’re still hoping for the “Luck of the Irish” when it comes to accuracy and efficiency in managing accounting processes at your growing business with entry level accounting software, we have some bad news for you. At some point, your luck will run out, and all […]
https://rinehimerbaker.com/wp-content/uploads/2017/03/RB_Blog_Shamrock.jpg300300rinehimerbakerhttps://rinehimerbaker.com/wp-content/uploads/2017/10/Cloud-Accounting-Solutions-rinehimerbaker.pngrinehimerbaker2017-03-21 15:29:592017-05-05 20:22:09Stop Relying on Spreadsheets and Luck—There’s a Better Way
How Will ASC 606 Affect Different Industry Standards?
/0 Comments/in ASC 606 IFRS 15, Intacct /by rinehimerbakerWe discussed some of the changes and challenges the new standards pose for organizations across all industries in our two-part blog. Part one explores the basics of ASC 606, including background and departmental effects, and part two explores the five step process to recognize revenue as defined under the standard. Background The new Revenue Recognition […]
5 Common Accounting Mistakes Made By Growing Companies
/0 Comments/in Intacct, Outgrowing QuickBooks, Outsourced Accounting /by rinehimerbakerConventional wisdom tells us that we have to make mistakes in order to learn and grow. That’s definitely the case with on-the-rise businesses, who make plenty of mistakes as they move their operations from entrepreneurial through enterprise-level. Sure, there’s a lot of in-between—but near-constant change and recalibration in the ways the organization manages everything from […]
Infographic: Seven Deadly Sins of Financial Management
/0 Comments/in Intacct, Outgrowing QuickBooks /by rinehimerbakerAs your business grows, you begin to notice that the challenges of today take a little bit longer to address than they used to. With more growth comes more data, and with more data comes more time needed to complete basic tasks like closing the books each month. Unfortunately, in the wake of growth, too […]
IRS Form 990: What Nonprofits Need to Know
/0 Comments/in Intacct, Nonprofits /by rinehimerbakerFor nonprofits who follow a January 1-December 31 calendar, one of the most important dates of the year is coming up: Form 990 filing day. Just as March 15 for corporations and April 15 for individuals, May 15 holds a great deal of importance for tax-exempt organizations, nonexempt charitable trusts, and section 527 political organizations […]
Moving Your ERP to the Cloud? Learn the Basics of the Cloud Computing Stack
/1 Comment/in Cloud /by rinehimerbakerIf you’re considering moving your ERP processes out of legacy systems and into the cloud, you’re coming face-to-face with some terms that might be new to your finance and accounting team. There’s Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS)—and they’re collectively referred to as the Cloud […]
Eight Things to Look For in an Accounting Software (Part 2)
/0 Comments/in Intacct /by rinehimerbakerAt rinehimerbaker, we know accounting. We also are pretty well versed in accounting software. We recently discussed some of the most important features you should be looking for from a new accounting software, and would like to continue that discussion in part two of this two-part series. Note: Part one highlighted the importance of having […]
Eight Things to Look For in an Accounting Software (Part 1)
/0 Comments/in Intacct /by rinehimerbakerWhen you’re outgrowing an entry-level accounting software, you know what you don’t want: The headaches, hassles, and time drains that come from the manual processes and underwhelming functionality. However, as you look toward a new solution, it’s important to know what you do want from your next solution. In this two-part series, we look to […]
2017 Buyer’s Guide to Accounting and Financial Software
/0 Comments/in Intacct /by rinehimerbakerWhen you’re looking at new accounting software, it pays to have the best information possible in order to make not just an informed decision, but an educated one. It’s important to look for information from a variety of sources that can allow you to select an accounting software built for your organization—rather than a one-size-fits-none […]
The 3 Top Reasons your Accounting Team Wants to Upgrade to Intacct
/0 Comments/in Intacct /by rinehimerbakerIf you’ve made the decision to replace your existing accounting system—but you haven’t pressed “Go”—you’re probably weighing the pros and cons of on-premise versus cloud-based software. Almost every growing company reaches this impasse, so congratulations! But if you haven’t gotten feedback from your accounting team regarding their new system wish list, now’s a great time. […]
Stop Relying on Spreadsheets and Luck—There’s a Better Way
/0 Comments/in Intacct, Outgrowing QuickBooks /by rinehimerbakerSt. Patrick’s Day has come and gone, and if you’re still hoping for the “Luck of the Irish” when it comes to accuracy and efficiency in managing accounting processes at your growing business with entry level accounting software, we have some bad news for you. At some point, your luck will run out, and all […]