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03:47 – News from QuickBooks Connect! Join us for an episode jam-packed with the latest QuickBooks Online product updates announced at #QBConnect, as well as lots more accounting and bookkeeping technology news! Ottawa Business Journal 03:00 – Breaking news! The world does not stop when we attend accounting conferences!
11:20 – Intuit and Visa are on the small-biz track, joining forces to offer instant deposits | Business Insider 12:16 – We’re not quite sure what we’re selling, but it’s in the TOS! Intuit QuickBooks 12:25 – Thanks to Nina Casey for sending in this story, and offering her insights! For details, read the prospectus.
Unlike the drawn-out process of paper checks, digital payment methods offer simplicity, with funds directly deposited into vendor's bank accounts – a convenience vendors appreciate. API-generated payment receipts integrate seamlessly with software like Quickbooks, ensuring real-time synchronization.
When a customer makes a purchase using a credit card, the payment processor forwards the transaction information to the acquiring bank, which then deposits the funds into the merchant’s account. Sync data in real-time with your ERP like Quickbooks for reconcilliation, monitoring and performing analytics on your AP process.
Integration with NetSuite, Quickbooks Online, Xero, and Sage Intacct, Integration with Slack, allowing employees to receive alerts, handle requests, and obtain approvals directly within the Slack interface. Integration with popular accounting and ERP platforms like NetSuite and QuickBooks. Sources: [link] [link] 7.
According to a global study conducted by Accenture , 79 percent of Chief Financial Officers believe that the pandemic’s impacts have compelled them to resort to technology for payment processes. Efficiency: ePayment systems do not require waiting in long queues in ATMs and banks to withdraw cash or deposit checks.
Confidence in your accounts: Automated reconciliation instills confidence in the consistency and accuracy of your financial accounts. It swiftly rectifies any instances of funds being deposited into the wrong accounts and ensures that critical financial decisions are based on reliable information.
When you're talking about taxpayer checks, notwithstanding the physical piece, which is that not everybody has direct deposit, I think there are some real security issues that you have to worry about when you have remote workers, at that point, because how- who has access to the system? Small businesses want client accounting services.
Minute7 syncs with both QuickBooks Online, and QuickBooks Desktop for invoicing or reimbursement. 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.
Even if they don't integrate it into QuickBooks, it's a good investment because e-commerce is growing so much right now. They might still use QuickBooks; they might be a QuickBooks customer, but ultimately, they're not spending their time there, which means now you can't push a loan product on them.
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