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Intuit Launches QuickBooks Cash

Cloud Accounting Podcast

A banking service provider said that about 3,000 were suspicious transactions totaling $73 million. 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.

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Fintechs Dominate Covid Economy

Cloud Accounting Podcast

A2X will give your Shopify and Amazon clients confidence in their financials because A2X was created with a focus on the importance of the reconciliation process. 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.

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Value Pricing Accounting Advisory Services

Cloud Accounting Podcast

Now, instead of creating a separate invoice for every order in NetSuite - and orders and invoices are a separate concept - you can group multiple orders into a single invoice for your customer to pay. [00:09:22] Automated matching transactions from bank statements. Bank reconciliation is tedious and time-consuming."

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What Intuit, Xero, and Sage Earnings Say about Cloud Accounting

Cloud Accounting Podcast

Direct deposit volumes are surging three times, up to 14 million customers. So, people are connecting their traditional bank account to put money into their cash app bank account. Blake Oliver: [00:26:36] Yes. This is the direct peer-to-peer payments app. David Leary: [00:26:39] That's correct.

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