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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...Thomson Readying Cloud Suite
Thomson & Reuters Tax & Accounting is readying a web suite of products for accounting firms. As discussed by Jon Baron, managing director of the company's professional segment, new products will emphasize a "clean look" and ease of use that is going to significantly change the look and feel of its tax and accounting software products.
Xero Buys Payroll Company
- Thursday, 06 November 2014
- News
- Written by The Progressive Accountant
Xero has acquired Monchilla, a Seattle, Wash.-based payroll company. Xero says the move will help it expand its payroll service beyond the seven states it currently supports. Monchilla is an early stage start-up. Xero will pay roughly $7.74 million, $4.1 million in cash and 238,490 Xero shares.
CPA Brothers Draw SEC Fraud Suit
- Tuesday, 04 November 2014
- News
- Written by The Progressive Accountant
Two Texas brothers, who are CPAs, have been sued by the Securities and Exchange Commission for running what the SEC calls a "shell-factory" scheme that defrauded business owners. The SEC also suspended trading in the stock of four companies controlled by Charles E. Smith and his brother, Mark Smith, that they have not yet sold to others. the two have agreed to disgorge gains, pay civil money penalties and be barred from serving as officers of publicly held companies.
Thomson Tax & Accounting Revs Up
The strong year for Thomson Reuters' Tax & Accounting business stayed strong in the third quarter ended September 30 with operating profit up 26 percent on a 13-percent rise in revenue. The company says all segments of the operation showed revenue growth with organic growth up 9 percent.
Mackintosh: Shared Data the Prize
- Thursday, 30 October 2014
- News
- Written by The Progressive Accountant
While the CCH Axcess suite is cloud-based, its web-based operation is not the most important feature of the company's newest product line, according to Teresa Mackintosh, CEO of Wolters Kluwer CCH. The key is the suite's shared database. "It happens to be in the cloud. But the Holy Grail is to have one true common database," she said this week.
Intuit Strikes Deals with Box, Bill.com
- Thursday, 23 October 2014
- News
- Written by The Progressive Accountant
Intuit has reached deals to provide basic product capabilities from Bill.com and Box. The agreements give ProAdvisors free accounts with Bill.com and free document management features from Box to accountants and clients. Together, the deals suggest Intuit will enter more "freemium" arrangements with third parties.
Thomson Updates Audit Tool
- Thursday, 23 October 2014
- New Products
- Written by The Progressive Accountant
Thomson Reuters has updated its audit suite to provide an internal control evaluation tool that is fully compliant with COSO's new Internal Control Framework. PPC's Smart Practice Aids—Internal Control follows the new COSO Framework, effective on December 14, is a part of that suite.
Fraud Examiner Hid Swiss Bank Account
- Wednesday, 22 October 2014
- News
- Written by The Progressive Accountant
A forensic accountant and certified fraud examiner has pleaded guilty to a charge failed to report a Swiss bank accountant. Howard Bloomberg, 55 of Atlanta, admitted he had not reported the account, whose highest balance in 2008 was more than $950,000, to the U.S. Treasury Department.
Read more...AICPA to Update Non-Audit Standards
- Wednesday, 22 October 2014
- News
- Written by The Progressive Accountant
The American Institute of CPAs is about to introduce what it terms one of the most significant revisions in non-audit standards in the last 35 years. The pending Statement on Standards for Accounting and Review Services No. 21 is part of an effort to clarify standards for members in public practice who perform reviews, compilations, and engagements to prepare financial statements.
Intuit Links ProAdvisors to Bill.com
Intuit is giving its QuickBooks ProAdvisors free accounts with Bill.com. ProAdvisors receive a complementary account for up to three users. And the plan outlined at this week's QuickBooks Connect conference presages relationships with other software vendors.
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