AvidXchange

APRIL 3, 2017

When you’re a bank, you gather deposits, mark up that money, and lend it back. So, we need fewer people who are good with Excel, because a lot of that is being automated, but increasingly need people who are good with clients and other kinds technology, like data science and artificial intelligence.

Financial Services 40

Financial Services Deposits Billing 40

Cloud Accounting Podcast

AUGUST 11, 2020

Blake Oliver: [00:21:59] So, all this real-time deposits thing is getting bigger and bigger because we were just talking about this last episode. It was only five percent of their total revenue in Q1 of 2018; now it's 45 percent. It has really, really, really paid off. David Leary: [00:27:58] I think I heard that.

QuickBooks 40

QuickBooks Microsoft Excel Billing Payroll 40

Cloud Accounting Podcast

MARCH 30, 2020

I send it to ADP to do the direct deposits, and when they shoot out those direct deposits, they're adding in that extra 1,200 bucks, or whatever the proper amount is that's from the government [crosstalk] the accounts. So, the way this individual payment- David Leary: [00:30:55] I thought you just said 2019.

Accounting 40

Accounting Accounting Payroll Billing 40

Cloud Accounting Podcast

JUNE 28, 2020

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. They're faking their books." So, what you got this week, David?

Bookkeeping 40

Bookkeeping QuickBooks Payroll Auditing 40

Cloud Accounting Podcast

APRIL 27, 2020

People are comparing their survey from March- I'm sorry, October 2018 to March 2020. Yes, they sent out $155 billion, but there are still $36 billion that they haven't mailed yet or deposited that they're just sitting on. David Leary: [00:06:48] -22 percent are having an issue weekly, and 15 percent monthly; just connectivity issues.

Accounting 40

Accounting Accounting Tax Deposits 40

Cloud Accounting Podcast

FEBRUARY 14, 2023

Biden vows to veto GOP plan to abolish the IRS; CPA exam takers down 25% since 2018; IRS too busy to replace old computers, suspends project Sponsors OnPay - [link] Relay - [link] First Republic Bank - [link] Need CPE? WSJ asks: "How can we make accounting cool?"; WSJ [link] Passing or failing? We appreciate you!

Accounting 40

Accounting Accounting Deposits QuickBooks 40

Cloud Accounting Podcast

SEPTEMBER 1, 2020

A2X posts tidy summaries of sales, returns, and fees from Shopify and Amazon directly into QuickBooks, or Xero that will exactly match the deposits that appear in your bank account. We've also got Batch-Create Bank Deposits. Now, you can reduce the time spent entering multiple individual bank deposits.

Payroll 40

Payroll Tax QuickBooks CPA 40

Cloud Accounting Podcast

SEPTEMBER 22, 2020

A2X posts tidy summaries of sales, returns, and fees from Shopify and Amazon directly into QuickBooks, or Xero that will exactly match the deposits that appear in your bank account. Instead of me, like right now when I get paid, I can specify what accounts I want my direct deposit to go to – my bank accounts. This is coming soon.

QuickBooks 40

QuickBooks XERO Payroll Deposits 40

Cloud Accounting Podcast

AUGUST 17, 2020

million) for the year ending December 31, which is up significantly from 2018. The company that moved the money around, Cache Financial Services, they're the ones that would deposit the money in your bank account. They had a loss of $139.6 million (£106.5 David Leary: [00:25:44] It was hard to read those articles.

Payroll 40

Payroll Tax Accounting Accounting 40

Cloud Accounting Podcast

JUNE 16, 2020

No account minimums, no monthly fees, free instant payouts, built-in bookkeeping, mobile check deposit. billion in deposits in the Cash App? Now, people are taking their paychecks and directly depositing that into their Cash App account. Blake Oliver: [00:25:37] A cashflow application in 2018. That's correct.

QuickBooks 40

QuickBooks Bookkeeping XERO Payroll 40

Cloud Accounting Podcast

MAY 26, 2020

Why should a bank or my government give money to businesses who can't even show a 2018 return? Direct deposit volumes are surging three times, up to 14 million customers. How about being more helpful to those of us trying to build businesses and less dreadful about everything else? This is the direct peer-to-peer payments app.

XERO 40

XERO Accounting Accounting QuickBooks 40