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Nearly 54 million Americans are now doing freelance work, according to a 2015 study conducted by the independent research firm Edelman Berland and commissioned by Freelancers Union and Upwork. Remote Quality Bookkeeping is setup to process paychecks in QuickBooks as well as direct deposit for all employees and contractors.
Nearly 54 million Americans are now doing freelance work, according to a 2015 study conducted by the independent research firm Edelman Berland and commissioned by Freelancers Union and Upwork. Remote Quality Bookkeeping is setup to process paychecks in QuickBooks as well as direct deposit for all employees and contractors.
Invoices must be manually created, printed, and mailed; then you wait for the customer to open the envelope, enter the invoice into his or her own system, process the invoice, print a check, and mail it to your company; then your staff has to open the envelope, deposit the check, and match the payment to the outstanding invoice.
So Justin was the founder of a company called Strong Room, which we acquired back in the 2015 timeframe. So speaking, we’re going to stay on the theme of innovation because one of my, you know, all-time favorite, you know, fellow entrepreneurs is a guy named Justin Nelson.
If you've ever tried to get your clients' Stripe, Square, or PayPal transactions into QuickBooks or Xero, you've probably pulled your hair out a few times trying to get income and fees recorded correctly so that the deposit amounts match the bank statement so you can reconcile. I will tell you, having thought about this, I had this idea.
A federal credit union told the Justice Department that 59 out of 60 SBA deposits it received appeared to be fraudulent. David Leary: [00:20:22] Because it's Intuit's account, you connect your merchant service to it; do instant deposits. You can get instant deposits to that account free of charge. They have a cashflow planner.
It's amazing how fast - they only started in 2015 - like how fast they've came up to market. Direct deposit volumes are surging three times, up to 14 million customers. Blake Oliver: [00:25:08] Yeah. David Leary: [00:25:08] They're kind of expanding down into that. Blake Oliver: [00:25:15] Yeah, that is amazing.
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