Blockchain Solves a Problem from Antiquity
If you want to understand the value of blockchain and cryptocurrency, read this. It has nothing to do with the price of Bitcoin. That’s just a distraction. The true value is that it provides a distributed system for verifying claims of ownership — whatever they may be.
Review of QBO's Integrated Bill.com bill payments
Liz Scott reviews QBO Online Bill Pay powered by Bill.com, an app inside of QuickBooks Online. Read the full story on Insightful Accountant.
Read my review of Xero Projects on Accountex Report
Xero Projects is a simple way for users to track time and expenses on projects or jobs within Xero. It’s designed for small businesses in service industries. Read my review of Xero Projects on Accountex Report.
Podcast: Is Hourly Billing Unethical and Unprofessional?
Ethical problems arise in hourly billing due to the misalignment of interests created by the system. It’s hard to be a good citizen in a bad culture. Don't miss this Soul of Enterprise podcast episode with Ed Kless and Ron Baker. Listen now.
Receipt Bank integrates with Xero HQ
Helena Wood, Head of Marketing at Receipt Bank, describes how the new integration with Xero HQ improves productivity for accounting and bookkeeping firms. Read the full story on the Xero Blog.
New in QuickBooks Online Accountant: Recurring Projects
This update to QuickBooks Online Accountant allows users to specify that a project and it's related tasks should repeat on a weekly, monthly, or annual basis. Read Charlie Russell's full review on Accountex Report.
How to Run a Cash Basis Trial Balance in Xero
There's no option to run Xero's Trial Balance report on a cash basis. Fortunately, there's a workaround using the General Ledger report. Here's how to do it.
Xero releases "Ask in Xero HQ"
Now you can send queries directly to your client’s email address from within Xero HQ. Each query is stored within Xero HQ along with your client responses and any attachments, making multiple records, emails and notes a thing of the past. Ask will be available to all Xero HQ users from the end of this month.
Highlights from Accountex USA
Here are the highlights from my experience at Accountex USA 2017 in Boston, Massachusetts. Featuring Daymond John of Shark Tank fame, Randi Zuckerberg, former spokesperson for Facebook, and the most innovative accountants and bookkeepers in the profession today.
4 Myths about Millennial Business Owners and Their Accounting Firm Preferences
This survey by Bill.com shows that being tech savvy is not optional if you want to attract Millennial customers: Eighty-two percent require paperless accounting services. And more than half also consume bookkeeping services in addition to tax, an increase of almost 25% versus boomers.