BAASS Insights Technology Blog

Like clockwork, the calendar year rolls over and every accounting department braces for the surge of year-end and tax time tasks.  This year organizations face some added fields which are now required in relation to COVID-19 relief and assistance which need to be reviewed on individuals’ tax slips. 

As we close out a monumental year for change in business and our ways of life.  Somethings have remained a constant - payroll and taxes.  With the new changes to the end-of-year process and taxes related to COVID-19, do keep your eyes open for updates from the Canada Revenue Agency (CRA). 

More and more businesses are adopting new technology and automation to improve efficiency and accuracy. However, it may seem like a daunting task to adopt new processes and leave your traditional ones in the past. Accounting is a department that can highly benefit from automated systems by eliminating manual data entry processes, which can free up availability and resources for your organization. In this blog, we will discuss why businesses are moving away from manual data entry, and the steps to begin your journey to automation.

Working from home is no longer a luxury only a few have access to. Since the COVID-19 pandemic has begun, companies and organizations have had to reshape the office environment, with a majority of the office workforce working from home.  With that transition, many employees have had to pay out of pocket for upgrades and technology.  The Canadian Federal Government has acknowledged this in it’s Fall Economic Statement, which was released on Nov. 30, and announced that it would make it easier for Canadians to claim expenses up to $400.  

With the many changes to the business landscape, BAASS like other companies has had to adapt our strategies and best practices in order to remain successful. One way we have adapted is by bringing our 25th year of the Largest Sage End User Conference to a virtual space, sharing with you adaptive business approaches to current times and how to best utilize existing systems as well as how to improve in the future. In this blog, we will discuss five ways BAASS Connect has transformed in 2020.

Our 25th year of the Largest Sage End User Conference, BAASS Connect, is well underway.  We have compiled the most commonly asked questions about the event and have answered them all for you.

Wouldn’t it be nice to see into the future of your business? With business forecasting, this is a reality; by using current and historical data you are able to have accurate predictions for future trends and forecasts. With this increased visibility you can analyze your business as a whole with the utmost confidence in the data. In this blog, we will discuss what forecasting is, why it is important, how it can help your business succeed and tools that can enhance accuracy and simplicity. 

Electronic Data Interchange (EDI) is the electronic interchange of business information between businesses using a standardized format.  A standard business process which allows business to business information transfer via electronic means, rather than with paper. Business entities conducting business electronically are called “trading partners”.