What we know so far about QuickBooks Live, Intuit’s “test” of assisted bookkeeping services; FreshBooks adds double entry accounting; KPMG UK gives up on SMB accounting; and more

What we know so far about QuickBooks Live, Intuit’s “test” of assisted bookkeeping services; FreshBooks adds double entry accounting; KPMG UK gives up on SMB accounting; and more

Blake and David review what we know so far about QuickBooks Live, Intuit’s “assisted bookkeeping” service that the company was seemingly attempting to launch under the radar. A competing “Software Plus a Service”, inDinero, did not try to hide its acquisition of Indianapolis-based accounting firm mAccounting. Meanwhile, FreshBooks has released a new double entry accounting feature, and KPMG decided to give up on SMB accounting in the UK after trying for five years to make it work. Finally, Bill.com announced a partnership with American Express. All this on the latest episode of the Cloud Accounting Podcast.

The “hybrid” skills that tomorrow’s jobs will require, humans come out on top at the world’s first robot hotel, why leaders shouldn’t worry about absenteeism, and more

The “hybrid” skills that tomorrow’s jobs will require, humans come out on top at the world’s first robot hotel, why leaders shouldn’t worry about absenteeism, and more

A bunch of app news, including Xero’s “improved” bank feeds sign up process, Dropbox acquiring HelloSign, a pet services app merger, and Stripe raising more money. Former SBA head Karen Mills’ thinks that small business banking is going to get a lot better (but it might not be the traditional banks that make that happen). Humans triumph over robots at the “world’s first robot hotel.” Why tomorrow's best paying and most secure jobs will require “hybrid” skills that use both the left and right brain. Finally, why leaders shouldn’t worry about absenteeism because it costs a lot more than “presenteeism."

Is Intuit launching an Uber for Bookkeeping? Thoughts on "QuickBooks with Live Bookkeeping," and more

Is Intuit launching an Uber for Bookkeeping? Thoughts on "QuickBooks with Live Bookkeeping," and more

According to a new pricing page on the QuickBooks website, Intuit is now offering QuickBooks software plus access to “real bookkeepers to help you manage your business” for between $210 and $350 per month. Now QuickBooks customers can “Get valuable insights from unlimited one-on-one conversations with an experienced bookkeeper that knows your business.” How does it work? According to the new pricing page, "A QuickBooks Bookkeeper sets up your books via live video chat and is available for you all year long.” Blake and David discuss this breaking news and the implications for accountants, bookkeepers, and QuickBooks ProAdvisors.

Xero wants to change the definition of “accountant,” Expensify drops the first rap video about expense reports, meanwhile EY’s own expense app is “hot garbage,” and more

Xero wants to change the definition of “accountant,” Expensify drops the first rap video about expense reports, meanwhile EY’s own expense app is “hot garbage,” and more

For all the latest news about accounting technology, listen to the latest episode of the Cloud Accounting Podcast!

The Super Bowl meets expense reports, nurses beat accountants for honesty & ethics, tax season could get ugly given the shutdown, another new $99 tax service for the masses, and more

The Super Bowl meets expense reports, nurses beat accountants for honesty & ethics, tax season could get ugly given the shutdown, another new $99 tax service for the masses, and more

In this episode: David shares his experience at the AICPA Annual Executive Roundtable for software vendors, Super Bowl LII will feature an ad about expense reports, tax season could get really ugly as only 57% of IRS workers return (unpaid), (another) new $99 tax service for the masses, ScaleFactor raises $30 million from Bessemer, BeachFleischman teams up with a small firm to create a new virtual firm called MOD Ventures, nurses take the top spot for most trustworthy professions (but accountants aren’t far behind), Google raises prices for G Suite, Will Farnell announces a 6-hour workday for his firm, Bank of America’s Zelle P2P payments service takes off, and efforts to evolve the CPA license to match evolving technology

Accounting salaries stagnate, KPMG is on 'The Bachelor,' Plaid buys Quovo, TaxJar raises $60M for sales tax automation, why the virtual office doesn’t work for CPAs, and more

Accounting salaries stagnate, KPMG is on 'The Bachelor,' Plaid buys Quovo, TaxJar raises $60M for sales tax automation, why the virtual office doesn’t work for CPAs, and more

Blake and David dig into the lack of growth in accounting salaries despite the tight job market, KPMG’s representative contestant on this season of “The Bachelor,” Plaid’s acquisition of Quovo, TaxJar’s $60 million round of fundraising, Craig Smalley’s argument against virtual offices for accountants, where Americans moved in 2018, how the California Board of Accountancy just started (finally) accepting credit cards, and how some small businesses are no longer accepting cash.

What the government shutdown means for accountants, why perks no longer cut it for workers, and how 2019 is going to be the year of instant payments

What the government shutdown means for accountants, why perks no longer cut it for workers, and how 2019 is going to be the year of instant payments

The federal government may be shut down but the Cloud Accounting Podcast continues! Blake and David are back in 2019 with an episode all about what the shutdown means for tax season, employment verification, getting news from the IRS, and more. Also, learn why perks such as foosball tables no longer cut it for workers and why David thinks 2019 will be the year of instant payments.

2019 Predictions! Also, Isaac Asimov predicted the computer automation revolution, Mindbody to be sold, senators prod regulators on FinTech, and what’s new in QBO

2019 Predictions! Also, Isaac Asimov predicted the computer automation revolution, Mindbody to be sold, senators prod regulators on FinTech, and what’s new in QBO

Blake and David discuss all the trends continuing into 2019, their own predictions for the new year, what Isaac Asimov got right about the world in 2019 (it’s creepy how accurate he was), news about apps Mindbody and Robinhood, some cool new automation features in QuickBooks Online, and how Millennials and Gen Z are driving major shifts in customer expectations.

KPMG to fine staff for late time sheets, Square wants to be a bank, real-time payroll for workers, Flux raises 7.5M, and the case for a 6-hour workday

KPMG to fine staff for late time sheets, Square wants to be a bank, real-time payroll for workers, Flux raises 7.5M, and the case for a 6-hour workday

Despite bumper payouts to partners, the UK branch of KPMG announced it will be imposing penalties of £100 on staff who turn in their time sheets late. Meanwhile, the leader of the Labour party is calling the Big Four a “cartel” and is threatening to break them up. Meanwhile in the US, Square has revived its request to start a bank, which would primarily offer loans, deposit accounts, and prepaid cards to small businesses. Blake and David also discuss a couple of apps: 1) Earnin raised $125M to enable same-day payrolls for workers, and 2) Flux raised $7.5 in the UK to bring digital receipts to bank feeds via POS systems. Finally, Blake shares why it’s time to consider a 6-hour workday for knowledge workers.

David’s takedown of accounting social media “influencers,” Scaling New Heights adds Xero, Right Networks acquires Propelware, Plaid raises $250M, Expensify gets personal, & more

David’s takedown of accounting social media “influencers,” Scaling New Heights adds Xero, Right Networks acquires Propelware, Plaid raises $250M, Expensify gets personal, & more

David is tired of “social media influencers” who have no real experience acting as experts on social media, pumping the latest product or app that writes them a check. The gang also chats about Joe Woodard’s announcement on Twitter that Scaling New Heights Online will now include Xero as a sponsor. Other stories discussed: Right Networks acquires Propelware, Fintech startup Plaid raises $250 million at a $2.65 billion valuation, Intuit is (once again) relaunching the ProAdvisor program, Expensify releases a $5 per month personal plan. Finally, Blake shares Ryan Lazanis’ predictions for accounting firm trends through 2022 based on the World Economic Forum 2018 “Future of Jobs” report.