Blog - K2 Enterprises

Recent News with K2 & Technology

Five Tips to Improve Efficiency for Your Accounting Team

October 8, 2019in Tech Tips

The following post was written by Valerie Silvani, Vice President of Sales and Marketing at Gravity Software. Valerie was kind enough to allow us to share it with our readers. In this increasingly digital age, companies are scrambling to adopt the tools and processes that can make them more efficient than their competitors. In fact, the ability to measure progress and performance consistently and accurately is now just as important to a growing business as having a great product or service. That’s why it’s so important to continually seek the best possible tools and procedures for your business management and…

Thomson Reuters Releases New Tax Solutions for Small Firms

September 20, 2019in News

Thomson Reuters has unveiled two new tax preparation and compliance solutions targeted to smaller firms – Onvio Tax Express and UltraTax CS Express. Both these solutions are available for the upcoming filing season and provide features that could help firms streamline workflows, improve efficiencies, and provide by client service. onvio tax express Onvio Tax Express provides small firms that focus on preparing individual tax returns with robust, yet economical, Cloud-based solution. This allows practitioners to work whenever and wherever they decide, without compromising functionality. In addition, Onvio Tax Express includes PPC’s 1040 Deskbook on Thomson Reuters’ Checkpoint platform, facilitating quick…

Classify New Hires Right with These Secrets, Tips, and Resources

September 6, 2019in Articles

If you’re experiencing rapid growth, you might be tempted to hire contractors over employees, thinking they’ll scale up quickly to meet demand. But if it makes so much financial sense to pass up W-2 employees for independent contractors, why aren’t more business owners doing it?

Excel's Easy to Use LARGE and SMALL Functions

September 5, 2019in Tech Tips

For many years, the MAX and the MIN functions have overshadowed Excel’s LARGE and SMALL functions. However, as you will see in this tip, the LARGE and the SMALL functions are exceedingly easy to use and provide greater flexibility and power than their MAX and MIN counterparts. Using the large and small functions The LARGE function identifies the nth largest item in a range. On the other hand, the SMALL function identifies the nth smallest item in a range. To illustrate, you could create the following formula to identify the largest value in the range of F2 through F2000: =LARGE(F2:F2000,1) The…

QuickBooks Desktop 2020 - An Early Look

September 5, 2019in Articles

Intuit released the 2020 version of QuickBooks Desktop earlier this month. As with prior releases of the application, the 2020 versions of QuickBooks Desktop Pro and Premier and Enterprise 20.0 contain several new features and improvements to assist small businesses and their accountants in managing operations and finances. Following is summary of these new features. QuickBooks Desktop Pro, Premier, and Accountant 2020 Automated Payment Reminders: If you spend a lot of time following up on accounts receivable, payment reminders automate the most painful part – identifying overdue invoices & composing emails. You can schedule, review and send payment reminders to…

K2 Enterprises Announces the 18th Annual K2 Quality Awards Winners

September 4, 2019in News

The K2 Quality Awards are in their eighteenth year and the are among the most well respected and longest standing awards in the Accounting industry. In announcing this year’s award winners, Randy Johnston, Shareholder and VP at K2 Enterprises was quite pleased with developments in the industry. “The creators of technology solutions continue to step up their game. The pace of innovation is accelerating.” according to Johnston. K2 Enterprises prime award In 2015, K2 Enterprises added a new overall award called the Prime award. Each year this award is given to one and only one company that fits the criteria…

Maximize Your ROI On Office 365

September 4, 2019in Articles Tech Tips

Many businesses are utilizing Office 365, Microsoft’s subscription-based combination of desktop applications and Cloud-based services. However, most of these businesses are not receiving the ROI they anticipated when they subscribed to the service. If your organization is using Office 365, you should be asking the question “What are we missing with Office 365”. In this article, you will learn more about some of the common mistakes associated with Office 365 and how you can – and should – correct these mistakes to ensure that you maximize your ROI on your Office 365 subscription. five common office 365 fails Some of…

Software Licensing - Don’t Get Caught Barefoot

August 20, 2019in Articles

Software vendors want you to pay for your products monthly. You can see this shift with Microsoft Office 365 and with Adobe Acrobat. The traditional model of purchase the software and paying 15-25% annual maintenance is by and large gone. This isn’t necessarily good or bad, it is just what it is. However, there are some direct benefits to supporting the vendors’ desire for a recurring revenue model. As accounting professionals, one of our duties is to act ethically, and violating a software license agreement is considered an ethics violation. is the firm properly licensed? Computer software and hardware products…

The Benefits Of Workflow Automation

August 9, 2019in Articles

The following post was written by Valerie Silvani, Vice President of Sales and Marketing at Gravity Software. Valerie was kind enough to allow us to share it with our readers. So, what is a business workflow engine? In the simplest terms, it’s a system that automates business processes. Workflow engines allow me to be more creative and focus on more important tasks. For instance, I get an email notification when a client adds new accounting users and it sends a thank you for me. Workflow automation allows me to be proactive instead of reactive. It can be amazing! How is this possible?…

Using Power Query To Combine Excel Workbooks

August 8, 2019in Tech Tips

The more we dig into Excel’s Power Query feature, the more we find out just what a powerful tool it really is. For example, Power Query includes tools to ease the process of linking data into Excel from external data sources and applying transformations to make that data more useful. But it also facilitates quick-and-easy data transformations to make our data more usable and useful. And, as you will learn in this tip, you can use Power Query’s Combine Queries feature to quickly merge data from multiple worksheets or workbooks. Merge And Append Queries In Power Query The Merge Query…