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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.
View items...Intuit: 2M QB Online Users in 2017
- Tuesday, 26 August 2014
- News
- Written by The Progressive Accountant
Intuit expects to have 2 million QuickBooks Online subscribers within three years. That represents an increase of almost three times the 683,000 subscribers it had when it ended its fiscal year on July 31. The amount would nearly equal the total number of paying QuickBooks customers on desktop and online versions of the accounting product for fiscal 2014.
Intuit Reshapes Rev Rec for the Cloud
Intuit is adapting its accounting for cloud-based operation. The Mountain View, Calif.-based software vendor is now recognizing desktop revenue over time, instead of at the time of the sale. The move has a big impact as it shifts about $400 million in revenue from the year ending July 31, 2015 into future fiscal years.
FreshBooks Launches Accountant Center
- Monday, 25 August 2014
- News
- Written by The Progressive Accountant
FreshBooks has opened the FreshBooks Accountant Center. The Toronto, Canada-based cloud accounting software company said the center, a portal, gives accountants a comprehensive view of their clients' financial data.
California CPA Draws 57 Months in Mortgage Fraud
- Wednesday, 13 August 2014
- News
- Written by The Progressive Accountant
A 44-year old California CPA has been sentenced to 57 months in prison and ordered to pay about $1.1 million in restitution for her role in a mortgage fraud scheme. Carmen Denise Mosley, Granada Hills, Calif., drew the term after being convicted in May of one count of conspiracy to commit bank and wire fraud and two counts of bank fraud for activities that took place in Nevada. She will report to prison on November 3.
Read more...Avalara Starts Marketing Center
- Tuesday, 12 August 2014
- New Products
- Written by The Progressive Accountant
Avalara has opened the Avalara Marketing Center, which the sales tax software vendor says is designed to help its resellers generate new leads. The center provides Avalara content that they can use in marketing communications and is designed for channel members who do not have time or resources to handle their own campaigns.
Tax, Accounting Software Sales Good for Wolters Kluwer
Wolters Kluwer reported that its Tax & Accounting software business was relatively strong for the first half ended June 30. The company said in an earnings webcast this week that the software business had organic revenue growth of 4 percent. However, CEO Nancy McKinstry said that reorganization in the unit is reducing its profit margins for 2014.
Sage Forms Accounting Firm Sales Force
Sage has launched an educational program for accounting firms. And to spread the message of the new Leadership Education of the Accounting Profession courses, Sage has begun hiring a sales force to market the program, along with all other products it offers.
Big Data Big for Forensic Accountants
Big data is the most pressing issue for CPAs working in forensic and valuation area, according to survey results released by the American Institute of CPAs. One in four respondents to the 2014 AICPA Survey on International Trends in Forensic and Valuation Services ranked electronic data analysis as the most important of the top five issues they will face over the next two to five years.
FreshBooks Gets $30M Investment
- Thursday, 24 July 2014
- News
- Written by The Progressive Accountant
Money continues to pour into the low-end online accounting market. FreshBooks says it has raised $30 million in what it terms its first institutional venture capital round. The company said the fund will be used to fuel growth, including the expansion of its work force from 150 to 400 by 2016. The round was led by Oak Investment Partners with participation from Atlas Venture and Georgian Partners.
Xero to Have U.S. IPO
- Wednesday, 23 July 2014
- News
- Written by The Progressive Accountant
Cloud accounting company Xero plans an initial public offering in the United States for the year ending March 31, 2015. The company is already public in Australia and New Zealand. The company did not give a more precise estimate of when the offering would be made or how big it may be, only that the timing depends on market conditions.
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