article thumbnail

App partner of the month: EzzyBills

Xero

EzzyBills was co-founded by Michael and Li Fitzmaurice in 2014 in Australia, after Michael had been creating tools supporting older, legacy accounting software to keep inventory and sales information up-to-date. Out with the old, in with the new. Extracting the data. The biggest benefit of EzzyBills for our users is the amount of time saved.

XERO 236
article thumbnail

Understanding ASC 606 Revenue Recognition?

Billing Platform

When: In May 2014, the FASB and IASB jointly issued Accounting Standards Update (ASU) 2014-09, which introduced ASC 606. Seamless integration: By integrating your billing, revenue recognition, customer relationship management (CRM), enterprise resource planning (ERP), general ledger, etc.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Accounting Technologies: The 2023 Annual Guide

Future Firm

Take all of your accounting functions into the cloud, not just your general ledger. So in 2014, I wrote an article titled, “ How the Technology Behind Bitcoin Could Transform Accounting as we Know It “. Cloud computing technology allows you to work from essentially anywhere as long as you have a stable internet connection.

article thumbnail

Ep. 9: Danielle Supkis Cheek - Analytics for Fraud Prevention

IMA's Count Me

You know, QuickBooks was actually one of the first to do this where the GL is no longer a summary of batches that are being held in other modules So sub ledgers are not being batched in putting into the GL.

CPA 40
article thumbnail

Electronic Payment Systems: The Complete Guide

AvidXchange

As of 2014, many B2B buyers do online research when making purchasing decisions. This means every payment is automatically recorded on the general ledger. It’s time for your business to get a slice of that online commerce pie. And plenty of of shoppers conduct online research before making big purchases.

Billing 52
article thumbnail

ScaleFactor Fails to Scale, Blames COVID-19

Cloud Accounting Podcast

They were launched in 2014. When we created our company, Cloudsourced Accounting, back in 2014-2015, around the same time as ScaleFactor, I had this idea that it would be this big, fast-growing online bookkeeping company that would do software, and we would do the same thing. They graduated from Techstars Austin in 2017.

article thumbnail

Employers Responsible for Trump Payroll Tax Deferral

Cloud Accounting Podcast

This means that e-commerce sellers are dealing with massive amounts of transactions that need to appear in the general ledger correctly so that you can easily reconcile these transactions with a bank statement. Scott's Add-Ins will link general ledger data in Xero to Excel. My understanding is they're huge in New Zealand.

Payroll 40