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QuickBooks Live Could be a Top 100 Firm by 2020, Fake Bots from Google, Roger Raises $7.35M to Automate Accounting with AI, and Why the NSA Might be to Blame for the CCH Malware Attack

Cloud Accounting Podcast

Sponsor Xero: [link] Show Notes 02:34 -- Blake crunches the numbers and figures that if Intuit meets its publicly stated goals, QuickBooks Live will likely be a $60 million per year accounting firm by 2020, putting it at 73 on Accounting Today’s Top 100 Accounting Firms list. Dan Wernikoff, the former GM of QuickBooks and TurboTax.)

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Over 6 Million Small Businesses Using Cloud Accounting: QuickBooks and Xero Numbers Compared

Cloud Accounting Podcast

Show Notes 03:06 -- High schoolers get certified in QuickBooks. You’ll learn how your practice can benefit from the full power of the Xero Platform and earn CPE credit. Register here. Twitter 04:24 -- Glendale man admits to embezzling $2.8-million Interested in sponsoring the Cloud Accounting Podcast?

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Reflecting on a Decade of Cloud Accounting

Cloud Accounting Podcast

Sponsors OnPay: [link] OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! QR codes, anyone?

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AI in Accounting: What’s Coming for Small Businesses

Remote Quality Bookkeeping

AI technology presents an avenue for accountants to shift their focus from monotonous computational work toward advisory roles that require human ingenuity and decision-making skills. By 2020, AI was projected to eliminate or automate up to 40% of basic accounting work.

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Chart of Accounts – How to Get Organized & Efficient

AvidXchange

Accessing the QuickBooks Chart of Accounts If you’re one of the many small to medium-sized enterprises that uses QuickBooks to manage your books, you’ll be relieved to know that sample charts of accounts for QuickBooks are available. Alternatively, you could press “CTRL+A” on your keyboard while using QuickBooks.

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Make Electronic Payments Simpler: All you need to know

Nanonets

ePayments offer features like contactless payments, which have their own merits – contactless payments are increasingly being practiced since the break of the pandemic in 2020. We, at Nanonets, have pre-built Integrations with popular Accounting Software, such as Quickbooks, Xero, Sage, Netsuite, etc.,

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What is order entry automation, and how to implement it?

Nanonets

A 2020 McKinsey survey found that automation reduced costs by 10-15% and cut order processing time from 2-3 days to 1-2 hours. You don’t need any coding experience or a degree in computer science to set this up. The system automatically updates the inventory, generates invoices , and prepares and tracks shipments.