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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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Tax and Accounting A Bit Slower at Thomson Reuters

James Smith, Thomson ReutersThomson Reuters’ Tax and Accounting business grew in the second quarter ended June 30. But the strong growth it has showed in previous quarters was dampened by a slowdown in its government market. Operating profit for tax and accounting fell by 3 percent while revenue was up by 6 percent over last year.

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WK Offers Training on Tangible Property Regs

Eric P. Wallace, Boyer & RitterWolters Kluwer Tax & Accounting U.S. has introduced a self-study program about the Internal Revenue Service's tangible property repair regulations. Provided via on-demand videos presented by CPA Eric P. Wallace, the sessions offer continuing professional education credits and a certificate of completion. Wallace is a director at the Pennsylvania accounting firm Boyer & Ritter.

 

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Sage Previews Cloud-based Live

 Doug LaBahn, SageInitially called Sage Life, the product formerly known as Sage Live received its biggest preview to date at this week's Sage Summit conference in New Orleans. Aimed at small and medium-sized businesses, the cloud-based package, expected to be introduced next month, was described in closed sessions to members of the Sage reseller channel. Sage also revealed pricing for three different editions.

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Xero: No U.S. IPO Until Next Year

Rod Drury, Xero  A public stock offering by Xero in the United States will be at least a year after the company's initial plans. In a presentation before shareholders at the company's recent annual meeting, CEO Rod Drury said an offering by the New Zealand-based cloud accounting software company will not be completed before the release of its results for fiscal 2016.

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More Americans Delay Decisions for Financial Reasons

Approaching milestones such as buying a house or having a child, are never an easy decision. However, a new study found the majority of American adults—51 percent—are delaying at least one important life decision in the last year due to financial reasons, according to a study conducted by the American Institute of CPAs.

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CEO Says Sage Won't Kill Products

Connie Certusi, SageAlthough the Sage Group has a wide portfolio of software packages that executives say needs pruning, the company will not simply give end-of-life dates for these. In recent comments, Steven Kelly, CEO of the parent of Sage North America, said the company will not force users to migrate to its preferred applications.

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Report: Payroll Outsourcing Declines

A recent study by Bloomberg BNA shows a sharp drop in the number of companies outsourcing payroll over the last four years. Only 12 percent of respondents in a survey outsourced some or all of their payroll services, down from 56 percent in 2012.

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SageOne CashBook Going Global

Nick Goode, SageAn online cash management product introduced recently by Sage in the United Kingdom will go global next year. Nick Goode, commercial director for the SageOne line, says SageOne CashBook will be rolled out to other countries, including the United States, beginning next year.

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Exact Plans Accounting Firm Software

David Lechleitner, ExactExact intends to introduced a version of its Exact Online Software for accountants, this summer. And within about a year, it plans to bring a practice management application to accounting firms in the United States. It marks a significant increase in involvement with American accounting organizations by the Netherlands-based software publisher.

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Intuit Starts Small Biz Loan Fund

Dan Wernikoff, IntuitIntuit has introduced Intuit QuickBooks Fund, which is designed to improves the chances of small businesses in obtaining financing. The company, which says it has already facilitated $150 million in loans in a test program, said it has established a $100 million fund.

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