All Aussie Accounting Adventures Podcast’s Post

ICYMI: We just released the inaugural episode of #EvolvingERP, a new podcast starring a rotating cast of #ERP experts. In this debut episode, Dan Aldridge, ERP Software Expert, and Kyler Cheatham talk about the evolution of the industry, the effect that AI might have, and more. #erpsoftware #erpsolutions #enterpriseresourceplanning #insightjam #expertinsights #ai #datagovernance #aitrends https://lnkd.in/ehbjJhFX

𝐂 𝐎 𝐆 𝐒 .....𝐧𝐨, 𝐢𝐭𝐬 𝐧𝐨𝐭 𝐚 𝐠𝐚𝐦𝐞 𝐨𝐟 𝐬𝐜𝐫𝐚𝐦𝐛𝐥𝐞! Instead its one of the 𝐌𝐎𝐒𝐓 𝐈𝐌𝐏𝐎𝐑𝐓𝐀𝐍𝐓 𝐓𝐄𝐑𝐌𝐒/𝐂𝐎𝐍𝐂𝐄𝐏𝐓𝐒 that businesses need to understand thoroughly to be successful.  In our latest podcast episode, we discuss this important accounting concept of “Cost of Goods Sold”, what is it and why is it as important to monitor as much as income. Peter Nicholson and I discuss how #ERP system help businesses better understand this important number on the Profit and Loss statement. ➡️What makes up cost of goods sold? ➡️Why accurate COGS is important. ➡️How cost of goods sold is typically calculated on a periodic basis when using manual processes such as excel. ➡️We describe a typical ERP flow that calculates COGS. Understanding and recording accurate cost of goods sold will help guide business to make better process improvement decisions that ultimately increases gross margins. If you found this episode insightful, be sure to 𝐜𝐨𝐦𝐦𝐞𝐧𝐭, 𝐥𝐢𝐤𝐞, and 𝐬𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 to stay updated on our latest content! Your support helps us continue to deliver valuable insights to our community. Thank you for tuning in! #ERPtransition #Quickbooks #InventoryControlSystem #DigitalTransformation #DigitalSupplyChain #BusinessSoftware https://lnkd.in/geFDuVpe

Our implementation coupled with Stratus continuous optimization is a recipe for success.

Is your business outgrowing QuickBooks? Hear insights from Samuel Martin, CPA, CFE, at Dana Estates Winery on the advantages of transitioning to a unified software application on our #BeyondERP podcast. #quickbooks #netsuite #erp #erpsolutions

Have you considered maintenance when selecting new tools and systems? Jennifer Chavez advises strongly to make sure there's a good support system behind your new tech purchases. 💼 🤝 Are they staffed? Is there a cost behind maintenance? Check out the full episode for more great advice, here: https://lnkd.in/g3uRH_bQ The Financial Innovations Podcast hosted by Daniel Villani of Villani Analytics 📈 #Finance #cfo #cto #erp #technology #enterprise #software #innovation #villani #silgan

Dana Estates Winery optimized operations by switching from managing five separate entities in QuickBooks to leveraging NetSuite's capabilities. As (COO & CFO) 𝗦𝗮𝗺 𝗠𝗮𝗿𝘁𝗶𝗻 explains, having all data within one file while maintaining individual company distinctions has significantly improved their workflow. "𝘖𝘯𝘦 𝘰𝘧 𝘕𝘦𝘵𝘚𝘶𝘪𝘵𝘦'𝘴 𝘴𝘪𝘨𝘯𝘪𝘧𝘪𝘤𝘢𝘯𝘵 𝘣𝘦𝘯𝘦𝘧𝘪𝘵𝘴 𝘪𝘴 𝘩𝘢𝘷𝘪𝘯𝘨 𝘦𝘷𝘦𝘳𝘺𝘵𝘩𝘪𝘯𝘨 𝘪𝘯 𝘰𝘯𝘦 𝘧𝘪𝘭𝘦," 🗣️ Sam . Discover valuable operational insights on our podcast: BEYOND ERP. #ERP #NetSuite #Operations #Accountability #Data #Business

Dana Estates Winery optimized operations by switching from managing five separate entities in QuickBooks to leveraging NetSuite's capabilities. As (COO & CFO) 𝗦𝗮𝗺 𝗠𝗮𝗿𝘁𝗶𝗻 explains, having all data within one file while maintaining individual company distinctions has significantly improved their workflow. "𝘖𝘯𝘦 𝘰𝘧 𝘕𝘦𝘵𝘚𝘶𝘪𝘵𝘦'𝘴 𝘴𝘪𝘨𝘯𝘪𝘧𝘪𝘤𝘢𝘯𝘵 𝘣𝘦𝘯𝘦𝘧𝘪𝘵𝘴 𝘪𝘴 𝘩𝘢𝘷𝘪𝘯𝘨 𝘦𝘷𝘦𝘳𝘺𝘵𝘩𝘪𝘯𝘨 𝘪𝘯 𝘰𝘯𝘦 𝘧𝘪𝘭𝘦," 🗣️ Sam . Discover valuable operational insights on our podcast: BEYOND ERP. #ERP #NetSuite #Operations #Accountability #Data #Business

📽Introducing the new EXCEL VS. ERP video series! This new mini-series includes 4 episodes that will run through key reasons why you should opt to use your ERP system rather than Microsoft Excel spreadsheets. Keep an eye out for the upcoming episodes! - Episode 1: Data Errors - Episode 2: Data Access & Validation - Episode 3: Scaling with ERP - Episode 4: Time Saving We would love to hear your thoughts on this topic, so be sure to leave a comment below 💡 #ERP #Excel #logiqgroup

In this episode of the Earmark Accounting Podcast, Phong Ngo and Charles Howe join Blake Oliver, CPA to discuss how their accounts payable automation software is helping small and mid-sized manufacturers, construction companies, and other businesses capture detailed invoice data to enable precise job costing and reporting without expensive ERP implementations. Learn how starting with solving the accounts payable data entry pain point allows them to streamline workflows while accounting firms and their clients gain efficiency. They also highlight the benefits of the MakersHub partner program for accountants. Link in the comments👇 #accountspayable #jobcosting #accountingandaccountants