Remove 2019 Remove Financial Software Remove Reconciling
article thumbnail

ScaleFactor Fails to Scale, Blames COVID-19

Cloud Accounting Podcast

If you've ever tried to get your clients' Stripe, Square, or PayPal transactions into QuickBooks or Xero, you've probably pulled your hair out a few times trying to get income and fees recorded correctly so that the deposit amounts match the bank statement so you can reconcile. It looks like, in 2019, GE paid KPMG $79 million in fees.