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News

News (1919)

The Progressive Accountant is the leading online communit of public tax and accounting professionals focused on using technology to better manage and grow their practice.

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Rippling Expands EOR Program

Rippling Expands EOR Program 2

 Rippling has expanded its Employer of Record program to eight new countries. The change is part of the latest monthly release of the office application.

With EOR, a user can establish a legal entity in a country outside the United States, giving the user the ability to hire and pay employees in other countries. The latest additions are Colombia, Costa Rica, Denmark, Israel, New Zealand, the Philippines, Switzerland and Turkey.

In addition, Rippling is providing hourly workers with a weekly break down of pay on paystubs so they can see hours worked, including overtime, for each of the weeks included in the pay period.

Users can now down payroll comparison data as a CSV file. Rippling says it has also provided more efficient time-entry CSV imports for Time an Attendance since users can automatically reconcile timestamps based on the employee’s timezone and

filter down to a specific set of imported entries and delete only those 

They can also import thousands of entries in seconds, versus 30 minutes.

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AICPA Survey: Execs Still Glum on Economy

Sentiment has improved but business executives are still glum about the economy, according to the findings of the third-quarter AICPA Economic Outlook Survey. Although it was up from 20 percent last quarter only 24 percent of respondents were a optimistic about the economy for the next 12 months.

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CPA Domain Name Launched

The domain name .cpa has begun rolling out. The restricted Internet domain from the American Institute of CPAs and CPA.com entered what the sponsors termed an “early-phase’ debut.

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Bill.com Spending Increases Loss

An increase in operating expenses led Bill.com to a fiscal 2020 loss that was four times the prior year's red ink. The payments software company lost $31.1 million for the most recently completed year, compared to a $7.3-million loss for fiscal 2019.

 

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Xero Names Director for Hispanic Market

Jackeline Velez has been named as director for the U.S. Hispanic market by cloud software vendor Xero. Velez’s team will focus prove education materials to Hispanic accountants and bookkeepers and will offer product training, translated content and events.

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Survey: Pandemic Pushes CFOs into Strategy

CFOs have increasingly functioned as strategists, and spend less time with traditional operations as a results of the COVID-19 pandemic. That was the finding of Grant Thornton’s The 2020 CFO Survey Report.

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Accounting Firms Tops With NetSuite

Three accounting firms took home the top awards recently announced by Oracle NetSuite for 2020. RSM US kept its streak going, being named Worldwide Partner of the Year for the cloud software company for the eight straight Year.

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Xero On Air Scheduled

 Xero On Air, a series of videos, is being offered next month to Xero’s accounting and bookkeeping  partners. The videos will be available September 14 through 17.

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SafeSend  Launches Signatures

SafeSend has introduced Signatures, a document e-sign application for users of SafeSend Returns. The application also offers electronic distribution of K-1s for completed 1120-S and 1065 returns.

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Zoho Launches BackToWork

Zoho has launched a modular system, BackToWork, which is designed to help businesses move their personnel back into officesThe cloud software is free for the rest of 2020.

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Incentive Comp Drop Dents HR Block Pay

A sharp drop in non-equity incentive compensation held down compensation for five named executive of H&R Block for fiscal 2020. It was the most significant element in a 15.8-percent decline in pay for CEO Jeff Jones.

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