Tags: Xero

Xero takes huge step on US payroll

Xero has announced another significant step towards full payroll compliance for is US client base. It is delivering support for draft previews of W-2 and 944 forms using live data. Historically companies have had to wait until January when the forms are available to view, confirm and file.  The problem was that with the filing date…

Xero tells accountants it’s Digital or Die

At Xerocon 17 in London, Xero has revealed that the use of digital accounting systems is still not commonplace with accountants. The research was revealed in a report entitled Digital or Die. It shows that spreadsheets are still the most commonly used way for people to record accounting data. Surprisingly 18% of accountants still use…

How will business owners switch off on their vacation?

Today is Labor day in the US, traditionally a day when the strengths and contributions of labor unions to the US economy is celebrated. For small business owners though it is rarely a day of rest. Research by accounting company Xero showed that only 14% of them actually completely checked out from running the business during their…

HarmonyPSA unveils latest update

HarmonyPSA has announced the release of Harmony v3-13 in a blog by Ana Correia, Customer Service Manager at HarmonyPSA. This is the seventh release of the year and includes six new features and three bug fixes. Accounting integration improved HarmonyPSA already includes direct API integration with Xero, Quickbooks Online and Sage One. It also supports…

Xero adds automated Stripe reconciliation

Xero has implemented automatic reconciliation for Stripe transactions. The two companies are already partners and this latest announcement tightens the integration between the two solutions even further. How Stripe reconciliation works Stripe reconciliation takes advantage of another of the Xero innovations, automatic bank feeds. When the Stripe payment comes through the bank feed Xero will match all…

Receipt Bank banks $50 million

Receipt Bank has raised US $50 million in a Series B funding round led by Insight Venture Partners. The announcement came in a blog by Henry Bell, content manager at Receipt Bank. Receipt Bank provides bookkeeping automation software and provides integrations to most of the major accounting solutions for small businesses. Its core features include…

Xero moves closer to profit

Xero was able to celebrate several milestones at its hybrid annual shareholder conference this year. Rod Drury, CEO was able to speak about Xero’s climb up both the New Zealand (NZX:XRO) and Australian (ASX:XRO) stock exchanges to become one of the leading technology companies within Australia. More importantly, at least for shareholders, he shared that…

Xero springs forward with updates

Xero has published a roundup of their March releases in a blog as the company continues to make improvements to its cloud accounting solution. The blog lists nine updates for March including end of year fiscal updates for payroll in Australia, New Zealand and the UK. Xero moves machine learning capability forward As showcased at the Xero Roadshow in…