News (1984)

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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.

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Block Revenue Drops As McGladrey Results Dip

H&R Block, which normally loses money outside of tax season, reported a loss of $128.6 million for the second quarter ended October 31 down from $135.9 million a year earlier as it cut operating expenses. The company saw revenue drop to $326.1 million, down 7.2 percent from $351.5 million, on weaker results in its business services segment, the RSM McGladrey business.

 

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Morningstar Enters Credit Rating Biz

morningstarCHICAGO - Morningstar has ended a year of hints about its intentions and has started publishing credit ratings for about 100 of the largest U.S. companies with plans to expand that to 1,000 companies over the next year. Ratings are available for free at Morningstar.com with forecasts and scares available to institutional equity research clients.

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Intuit Foresees Tax Filing Dip

Brad Smith

Intuit anticipates that the number of taxpayers filing returns for tax year 2009 will dip one to two percentage points, giving the country two consecutive years in which the number of returns has fallen. The statistic was given by company executives as they made presentations at year-end investors' conferences held by major Wall Street firms. The conversations were made available via Webcasts from Intuit's Web site.

 

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Sage North America Revs Drop

Revenue for Sage North America fell by 10 percent for the year ended September 30 - and dropped by 8 percent organically - over fiscal 2008 results as the division that marketssage its accounting products led the way down. North American revenue fell to $889.4 percent while the operation's EBITA margin dropped to 18 percent, down from 20 percent a year earlier as the economy took its toll.

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Infor Nabs Macdonald

Infor, a company with a broad portfolio or financial software packages, has hired Taylor Macdonald as VP worldwide channels. The company said this was part of a new strategy for its channel program and follows a more aggressive advertising campaign on the part of Infor, a privately held company with sales estimated at about $2.8 billion.

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UBCC Adds ACH Automatic Payments

Ken Garen
TAOS, NM.  –  Universal Business Computing Co. has added an ACH automatic payments feature to its payroll service bureau program. Eliminatingf the need to key in ACH payments to federal and state government agencies enables users to send all client payments in a single file, says UBCC president Ken Garen.

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BusinessWorks 2010

BusinessWorks 2010 sports a redesigned user interface that is designedBusinessWorks box to provide easier access to data. The new version has the capability to drill down to details of transaction and to task screen, while also providing three levels of report customization, Quick Reports, Comprehensive Reports and SQL Report Programming. Read more...

Tax and Accounting Users Lead in Adopting WK Technology

Nancy McKinstryWolters Kluwer's tax and accounting customers have been the quickest to adopt the company's new technology products, Chief Executive Nancy McKinstry said yesterday. "And that’s because, believe it or not, accountants are early adopters of technology because they get a significant amount of profitability improvement if they can automate their workflow," she said. Wolters Kluwer is the parent of CCH.

 

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CCH Expands Tax Prep Partner

CCH’s Tax Prep Partner series has been expanded to cover non-profit, estate tax and payroll forms. Modules are now available for of seven return types: Form 990, Form 1041 and CCH logoPayroll forms, as well as Forms 1040, 1065, 1120 and 1120S,  introduced last year. The online resource provides line-by-line explanations for the most common and complex areas of tax preparation. 

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Intuit Debuts Customer Manager with More on the Way

John FloraIntuit has introduced Customer Manager, a basic customer relationship management tool that is designed for companies with 20 or fewer employees. While it is not designed specifically at the accounting market, the company says small firms may find it suitable. But it's clear that Intuit is working on something more tailored for professional tax and accounting organizations.

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