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Xero launches Irish VAT3 returns and SEPA payments solutions with Parolla Plugins

Xero

Parolla has now created exclusive Xero Plugins to enable preparation of VAT3 reports, as well as generating Single Euro Payments Area (SEPA) compliant payment files to pay suppliers by batch payment and reconcile multiple payments in one go, matching them to a single statement line. We’ll show you how you can file a return with ease.

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Three things you may not realise about Xero

Xero

At Xero, our aim is to make life easier for accountants, bookkeepers and small businesses. And we understand that there’s a lot to get your head around, so we’ve shared three key facts about Xero that both new and experienced accounting and bookkeeping users may not have realised.

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professionals

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Navigating the SBA Paycheck Protection Program

Cloud Accounting Podcast

So, I brought on an accountant/bookkeeper, Michael Ly, who is advising hundreds of his clients, probably, on how to navigate this process; and then Sabrina Parsons, who's been on the podcast before. I am CEO and founder of Reconciled. We're an online bookkeeping and business advisory practice.

Payroll 40
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The PPP is out of Money — Here's What We Got for $349 billion

Cloud Accounting Podcast

It Felt Like a Black Mirror Episode' The Inside Account of How Bird Laid off 406 People in Two Minutes via a Zoom Webinar" [link] - dot.LA She had a webinar on PPP and the emergency loan, and I attended her webinar. How many got E-Tran numbers, and how many had cash actually had cash hit their bank account?"

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Big Firms are Pyramid Schemes ?

Cloud Accounting Podcast

David Leary: [00:24:09] Oh, like if we went and Googled some of their old webinars and things. Blake Oliver: [00:24:12] I do recall that being part of the mentality, which is the mentality of a lot of cloud accounting firms that have moved to value-based pricing and don't track time anymore. I wish that was an option.

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Who Didn't Get a PPP Loan?

Cloud Accounting Podcast

Blake Oliver: [00:08:30] Mm-hmm. David Leary: [00:08:30] As long as the money was- the loans were taken out, and the money was used to pay employees on payroll, and that all reconciles through, I don't think there's problems with this. Pilot is like Scale Factor, one of those accounting firms with engineers.

XERO 40