Xero has automated account codes in its cloud accounting software. The company's artificial intelligence system will consider each individual business's characteristics, then recommend account codes to be used for each bill entered.

Payments provider Bill.com has received $100 million in financing, in a round, led by JPMorgan Chase and Temase. Lead investors in each previous round also participated, bringing the amount the cloud software company has raised to more than $200 million, Bill.com said.

Three New York City owners of tax preparation businesses have been indicted on charges they used stolen identity information to prepare federal tax returns. In unrelated cases, Hakeem Bamgbala, and Afolabi Ajelero, owner of Kaybamz , a tax preparation business in Brooklyn; and Oyeniyi Jaiyesimi, who operates a tax preparation business in Springfield Gardens, face trial on multiple counts of alleged wire fraud and identity theft.