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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...Xero Subs Rise 22.1% in North America
Xero saw subscriptions for its cloud accounting products r0se by 22.1 percent for the first half ended September 30. The New Zealand-based company also talked broadly of plans to expand on this continent in its recent earnings report.
Read more...Black, Latino Biz Performed Well
Black and Latino owned businesses had a good 12 months despite the pandemic, according to a recently released Ernst & Young survey. However, the Entrepreneur’s Paradox: How Black and Latino Entrepreneurs Are Balancing Growth and Uncertainty says those entrepreneurs fear the unprecedented performance may stem from a short-term boost in attention.
Read more...CCH Axcess Workflow Debuts
Wolters Kluwer Tax & Accounting has introduced CCH Axcess Workflow. The browser-based application integrates with the CCH Axcess Common Database and the Tax and Document applications in the suite,
Read more...Botkeeper Raises $42M from Paychex Founder
Botkeeper, which provides bookkeeping software utilizing artificial intelligence, has raised $42 million in Series C funding. The round was led by Grand Oaks Capital, which was founded by Tom Golisano, founder and chairman of Paychex.
Read more...CCH Axcess Cited in WK Results
CCH Axcess had strong organic growth during the nine months ended September 30, Wolters Kluwer said this week. The company said in a trading update that Tax & Accounting North America had 5-percent organic growth.
Read more...Audit, LATAM, Drive Thomson Tax/Acc’ting
Audit products and the Latin American business drove Thomson Reuters’ Tax & Accounting to a 6-percent increase for the third quarter ended September 30.The company said this week that overall revenue also grew by 6 percent.
Read more...Firms Strong in NetSuite Awards
Accounting firms fared well in awards made recently by Oracle NetSuite. RSM US, Eide Bailly and Sikich took home honors and the first two firms continuing their winnings streaks.
Read more...CCH Axcess Marketplace Debuts
Wolters Kluwer Tax & Accounting has launched CCH Axcess Markeplace. The web site is designed to help firms find applications that integrate with the Axcess suite.
Read more...ADP: Employees Returning to Work
Employees are returning to the workplace, which represents an opportunity for Automatic Data Processing, CEO Carlos Rodriguez said during a recent earnings webcast. for the first quarter ended. Those comments came as ADP reported a 16.3-prercent rising in ent income on a 10-4percent increase in earnings for the first quarter ended September 30.
Read more...Audit Risk Assessment Standards Updated
Audit risk assessment standards have been revised by the Auditing Standards Board of the American Institute of CPAs. The committee has issued Statement on Auditing Standards (SAS) No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement, which become effective for financial statements ending on or after Dec. 15, 2023.
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