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We’re kicking off the new year with some exciting Xero updates designed to address some of the enhancements youve been asking for, and make things more automated to save you time. Effortlessly create multiple bills at once by selecting the files or simply drag and drop. Malaysia: Enhancements to e-Invoicing Great news!
MarginEdge , a restaurant management and bill payment platform, announced its partnership with FIXE , a full‑service restaurant bookkeeping and accounting firm. The company, whose full name is April Tax Solutions, was founded in 2021 and raised $40 million in venture capital in 2022.
in June of 2022, the country took notice. The financial services and retirement account provider Vanguard says it saw a record number of "hardship" withdrawals in 2022 and 2023. This suggests a meaningful number billed more per client. The rising cost of everything Who is Danny - stock.adobe.com When interest rates hit 9.1%
If you’re a Xero partner, don’t forget to register for our upcoming quarterly product update , where our education team will walk you through a demo of all the latest releases, so you can maintain your advisor certification. Automatically add Xero contacts in Hubdoc — Global. Reimagine your Xero experience — Global.
You can now add a Cash Summary report and Executive Summary to report templates in Xero HQ. When you select the figures in the ‘This month’ column on your accounts watchlist on the Xero dashboard, you’ll now be taken to the new version of the Account Transactions report. Other new features in Xero.
This includes new earnings categories in Xero Payroll to support Single Touch Payroll (STP) Phase 2 in Australia, as well as the launch of document packs in the UK to help advisors easily collate documents and get them electronically signed by clients. We’ve made a number of enhancements to new reports in Xero over the past month.
Read on for more details about these and other product updates in Xero. We’ve made a number of enhancements to new reports in Xero over the past month. Don’t forget, we’re retiring the older versions of our reports in Xero, so you’ll need to start moving your work across to the new versions. New features.
Simplifying people processes with Xero and Planday. We were excited to launch a new beta trial of Xero Payroll plus Planday at Xerocon. We also showcased our recently-added start, end and break times functionality in the Xero Me app. Getting quick access to answers in Xero. Helping your clients avoid the cash flow crunch.
In the 2022 budget announcement, Singapore’s Minister for Finance announced the GST rate will increase from 7% to 8% on 1 January 2023, and from 8% to 9% on 1 January 2024. Here’s what we’re doing to make it easy for you to manage this change in Xero. We’ll make the new 8% rate available in Xero by 9 December 2022.
While we were busy connecting with our partners, Xero teams around the world were enhancing the features on our platform. Make adjustments in the Xero Accounting app — Global. Sometimes, there’s a discrepancy between what is received from the bank and the amount on the customer’s bill or invoice. New features.
It has been an exciting, bumper month for Xero! In addition to the buzz of Xerocon London, we have had a number of product releases, including adding even more customisation and functionality to our new reports in Xero, and the early release of Xero Go for UK sole traders. New features. New features.
Cloud-based apps and tools, like those in the Xero App Store or wider Xero Ecosystem, have given small businesses the ability to use a combination of apps to build their own bespoke business engine. Fathom is a reporting, analysis and forecasting tool that has been a part of the Xero Ecosystem since 2012.
What an incredible couple of days it’s been at Xerocon London, kicking off the product update with the launch of our exciting new product for sole traders, and watching as our teams share the latest tools and features in Xero. Introducing Xero Go for sole traders.
While many hoped 2022 would be a year of recalibrating and regaining some certainty, it instead brought more change that small businesses have had to adapt to. . To see the latest data from November 2022, check out the following updates: Global data. Cash flow remains the number one challenge. New Zealand data. Australia data.
Recurring revenue business models can range from regular billing such as subscriptions, retainers and instalments, to invoicing the same customers multiple times over the year. Recurring billing models are growing fast, driven by a rise in subscription-based services, plus the shift to online billing amplified by the global pandemic.
There is so much to see and do at Xerocon London 2022 , from entertaining activities to inspiring keynotes, that it can be hard to know where to start. The post Five breakout sessions you need to check out at Xerocon London 2022 appeared first on Xero Blog. Wellbeing: minding your business (Thur 21 July, 12.30pm).
It’s likely many small businesses have a lot of capital tied up in receivables and inventory that they could turn into cash, something Waddle , a Xero company, and Commonwealth Bank of Australia (CommBank) are solving with Stream Working Capita l. Cash flow is king again and freeing up cash could be the difference for many in the year ahead.
If you’re one of our #XeroCertified partners, then you already know the benefit of being certified is that it’s proof to your clients that when you say you’re an expert in Xero — you really mean it! You also know that the quarterly product updates are a great way to stay informed about changes and how you can get the most out of Xero.
Xerocon New Orleans is a unique opportunity to hear about the latest news and updates in the Xero community, get inspired by world-class keynote speakers, and connect with powerful apps, tools and services providers from across the accounting and small business industries. You can give the Gusto app a try from the Xero App Store.
Small business owners are well aware how hard it is for their customers right now, who are trying to stretch their budgets to cover the rising cost of household bills, transport, housing and debt repayments. Canada was the first country to start to see payment times move higher, in late 2021, followed by the US in mid-2022.
The latest round of Xero Small Business Insights (XSBI) featured plenty of new data showing how small businesses are tracking across Australia, Canada, New Zealand, the United Kingdom and the United States. This makes it more difficult for owners to manage cash flow and pay their own bills, staff (and themselves!) days) and Canada (8.8
Xerocon London is a great opportunity to hear the latest news and updates from the Xero community and get inspired by some fantastic speakers. This year more than 50 cutting edge app partners from the Xero App Store will be exhibiting at Xerocon. Check out Pleo in the Xero App Store. GoCardless.
Xero Small Business Insights (XSBI) data for April 2022 shows signs of emerging risks to small businesses in the UK, Australia and New Zealand. The Xero Small Business Index is a unique indicator that uses timely data to show how small businesses are performing overall each month. Australia data . New Zealand data .
Suddenly, it’s mid-2022. This will give these clients more time to prepare for their annual bill. The post What you need to know about quarterly updates for Making Tax Digital for Income Tax Self Assessment appeared first on Xero Blog. But then time hasn’t exactly flowed to its natural rhythm over the past couple of years.
In fact, a Xero Small Business Insights Special Report found that digitally-enabled small businesses were significantly more resilient throughout the height of the COVID-19 pandemic, and outperformed their peers in most performance metrics. Sending out invoices generated in Word or Excel makes it harder to get at these valuable insights.
traditional) currency so that they can pay other bills. In my role at Xero, my team and I are charged with keeping a close eye on where technologies like these are heading, how they are being adopted, and what opportunities they present for our customers. A few months later, the cafe owner decides to trade that bitcoin for ‘fiat’ (i.e.
XeroXero, a distinguished and best accounting software for CPAs and accounting firms , delivers a comprehensive suite of features encompassing bank transactions, payroll processing, inventory management, and invoicing. Its standout attribute is the user-friendly interface that streamlines tasks like invoicing and payroll.
In app news, BDO partners with Xero, ProAdvisors are up in arms about having to pay higher ACH fees, and a production payroll startup takes aim at payroll for the entertainment industry. The federal tax deadline has been extended to May, but tax pros aren't happy about it. The PPP deadline is likewise extended.
Though our profession will never be the same after all this s**t, we're very likely done with enormous tax bills in Congress for at least a few years. million to scale accounting solution [link] 1:00:51 – Xero Announces Price Changes for North America [link] Get in Touch Thanks for listening and for the great reviews!
Every employee is required to fill all their expenses from their receipts, bills, and invoices into the excel template. Here’s what an automated expense reports and expense reimbursements process looks like with Nanonets: Your employees are to forward all the invoices, receipts, and bills to a specific email address.
Nanonets integrate with Xero, Quickbooks, SAP, etc. OCR Templates & Custom OCR Models: With Nanonets, you can use pre-defined workflows like invoices, bills of lading, purchase orders, or accounts payable or create your own custom AI mode. You can’t change your tech stack to accommodate one software. document scan.
In this guide, I’m going to outline what the future of accounting looks like for accounting firms and how to best prepare for it in 2022. So if you’re looking to improve your firm in 2022 and keep yourself on the cutting edge of accounting, you’ll love this new guide. And to be clear, this is not a predictions post.
He presented his bill after the fact, and the client accepted it- David Leary: [00:00:28] Which tells me they got a lot of value out of it, and they didn't put up a fuss. It's almost like- and even Xero when they bought Hubdoc. He undercharged it. He left value on the table. Blake Oliver: [00:00:36] That's my feeling, too.
24 | Accounting Today [link] Ex-finance chief of the Trump Organization Allen Weisselberg pleads guilty to tax crimes [link] 23:32 – Tether said it switched the accounting firm that signs off on its attestation reports to BDO Italia [link] Bankrupt Crypto Brokerage Voyager Ordered to Cease False Promises About U.S.
billion tax bill, and examine a tax-fraud scheme involving art donations. They also look at Xero’s newest features, including improved algorithms for recognizing new contacts and bank reconciliation statements, and talk about Grant Thornton's implementation of Git Assist, an AI tool for accessing internal knowledge resources.
This year, more than 70 cutting edge app partners from the Xero App Store will be exhibiting at Xerocon Sydney. Here’s more about our Xerocon Sydney 2022 event partners. GoCardless makes it easy for you to collect one-off, or automated, bank payments for your Xero invoices. Try out the GoCardless app from the Xero App Store.
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