Xero Partners with WeWork

Cloud Accounting Weekly #40

The newsletter is growing! Please welcome our new contributor, Phillip Gross of SUM Innovation. This week Phil has helped pick out some great links, including our App Spotlight, Silver Siphon, which creates bank feeds for Stripe into Xero.

News & Events

FinTech Breakthrough Announces Winners of Inaugural Awards Program

Web Wire — Three accounting companies took home 2017 FinTech Breakthrough Awards:

  • Xero - Best Overall Fintech Software
  • Wave - Best Fintech Startup
  • Freshbooks - Best Overall Fintech Mobile App

Xero Partners with WeWork for Accounting Services to the Co-Working Community

CPA Practice Advisor — With the new partnership, WeWork members in the US can start a free one-month Xero trial in the Services Store and get a free one-hour consultation with a Xero Advisor.

Thriveal Deeper Weekend is October 25 – 27th

Deeper Weekend is Thriveal’s premier annual gathering where deep learning and forward-thinking innovations are fostered. Thriveal's purpose: to "inspire counter cultural firm owners to embrace their entrepreneurial creativity within the profession."

Practice Management

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How Often Should Remote Teams “Meet”?

Groove Blog — Structure is key for running regular meetings with a remote team.

Sales & Marketing

Make it harder (not easier) for prospects to become clients

The Profitable Firm — Karen Reyburn explains why it's important to put up some roadblocks to new business — After all, you want profitable clients, not just more of them.

Get a Job

Senior Accountant, Outsourced Finance and Accounting (OFA) Group — San Ramon, CA

Armanino LLP — My firm is hiring! We're the largest California CPA firm and a top 25 nationwide. This position in the OFA practice offers an excellent salary plus benefits, which include medical, dental, vision, 401(k), and profit sharing. (Let me know if you apply so I can justify this extracurricular newsletter activity.)

Blockchain

EY Infuses Blockchain Into Enterprises and Across Industries with Launch of EY Ops Chain

EY.com — EY (formerly Ernst & Young) announced the launch of EY Ops Chain, a set of applications and services aimed at helping organizations commercialize the use of blockchain technology. Although blockchain use cases haven't been fully realized, EY is leveraging its tax, audit, and consulting practices as a way to introduce blockchain to multiple industries.

Blockchain for Dummies

TM Forum — You can't read about cloud accounting technology without hearing "Blockchain" come up. Although a pretty long read, this article provides an easy-to-digest explanation of WHAT blockchain is and WHY it's important for you to know.

Tips & Tricks

Attach Bank and Credit Card Statements in QuickBooks Online

StacyK.net — Here's a trick for attaching bank and credit card statements in QuickBooks Online from QB expert Stacey Kildal.

App Spotlight

Silver Siphon

This is possibly the easiest Stripe and Xero bank feed integration available. Set and forget. Automatically sync transaction data every day - fees and refunds included. Starts at $9 per month and goes up based on transaction volume.

App Updates

Gusto — Announcing Cobranding

Gusto now offers in-app cobranding to Silver and Gold accounting partners.

Hubdoc — Publishing Suite Updates

Now, you can:

  • Split invoices to multiple line items
  • Track inventory related to purchases
  • Search dropdown menus
  • Rely on Hubdoc to automatically calculate taxable and nontaxable amounts
  • Complete quick calculations in line item fields
  • Tab between fields

TaxJar — AutoFile Updates

TaxJar has added Kansas and Massachusetts to the list of AutoFile states. Additionally, in most states you can now enroll in AutoFile up to four days before the sales tax filing due date.

QBO — Revamped & Reimagined Time Tracking

Now QBO users can track their time on the go with a refreshed and mobile responsive interface.

Xero HQ — Add an invited organization to your practice

Now you can add a Xero client who maintains their own subscription to your practice in Xero HQ.

Reviews

Using QBO Accountant Practice Management

Insightful Accountant — Intuit has released Version I of the QuickBooks Online Accountant Practice Management tool. Currently, it's designed for a one- to four-person firm and addresses their need for efficiency and productivity by allowing everyone to stay connected to QBO and each other.

Q2Q Custom Reporter for QBO is Easy to Use

Insightful Accountant — William Murphy reviews Q2Q Custom Reporter, a nifty Excel plugin that links your Excel spreadsheets to your QBO data.

 

Thanks for reading! Looking to catch up on the news? Check out the previous issue, Cloud Accounting Weekly #39.

Blake Oliver

Los Angeles, California, United States