News (1974)

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Rippling Expands EOR Program 2

 Rippling has expanded its Employer of Record program to eight new countries. The change is part of the latest monthly release of the office application.

With EOR, a user can establish a legal entity in a country outside the United States, giving the user the ability to hire and pay employees in other countries. The latest additions are Colombia, Costa Rica, Denmark, Israel, New Zealand, the Philippines, Switzerland and Turkey.

In addition, Rippling is providing hourly workers with a weekly break down of pay on paystubs so they can see hours worked, including overtime, for each of the weeks included in the pay period.

Users can now down payroll comparison data as a CSV file. Rippling says it has also provided more efficient time-entry CSV imports for Time an Attendance since users can automatically reconcile timestamps based on the employee’s timezone and

filter down to a specific set of imported entries and delete only those 

They can also import thousands of entries in seconds, versus 30 minutes.

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AccuFund Plans User Meetings

Peter Stam, AccuFundNonprofit software vendor AccuFund has set dates for user group meeting. The Needham, Mass.-based company has set dates for the meetings between November 10 and December 2. The company says topics will include updates to AccuFund's current version, plans for the next version and year-end changes expected for this year.

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AICPA Issues Rev Rec Drafts

AICPAThe Financial Reporting Executive Committee of the American Institute of CPAs has issued seven working drafts regarding upcoming changes to revenue recognition standards. The drafts, related to the implementation of Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers, are for asset management, gaming, software and telecommunications.

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Sage Launches Cloud NFP Software

Sage has introduced a nonprofit package for its online Live platform. The new product, Sage Live Nonprofit, has been launched on the Salesforce AppExchange.The new module will integrate with the Salesforce Nonprofit Starter Pack and is available in the United States and United Kingdom with introduction into other countries to follow.

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Price Increases Help Paychex Results

Martin Mucci, PaychexPrice increases in payroll and human resource products helped Paychex grow revenue 4 percent for the first quarter ended August 31 while total revenue rose by 9 percent. CEO Marti Mucci said payroll price increases were in the 2-percent-to-4-percent range.

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Thomson Offers Tangible Property Program

thomsonThomson Reuters is offering a continuing education program for accounting and audit professionals who focus on fixed assets and depreciation tax cases. Checkpoint Learning Tangible Property Certificate Program provides them understanding of the uniform capitalization rules issued by the IRS.

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Intuit Seeks Firm Software Platform

CeCe Mokren, IntuitIntuit wants to use QuickBooks Online Accountant as a platform that can tie together major applications used by tax and accounting firms. The company outlined the vision at its recent Investor's day with EVP CeCe Morken giving a general view of how that will be accomplished.

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Accountant Embezzled from Foster Homes

A Long Beach, Calif.-based tax preparer has pleaded guilty to embezzling hundreds of thousands of dollars from group homes for teenage boys. In two separate cases, Gary Batchelor, 64, pleaded guilty to two felony counts of misappropriation of public funds and one felony count of filing a false tax return in his role, stemming from his role as an executive with the nonprofit group.

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Same Day ACH Payments Available

Same day payments are now possible this week because of a rule adopted by NACHA. The organization, which manages the ACH network, says same-day processing of almost any ACH payment is now possible. Previously, most transactions were settled on the next business day.

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Avalara Targets Very Small Biz

Sales-tax specialist Avalara has created a new business unit as it launches an effort to provide services to very small businesses. Automating to reach these organizations is essential to sell to them, according to Marshal Kushniruk, the company's VP of global business development.

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CPA Indicted in Benefits Scheme

N.Y. Inspector GeneralA Long Island, N.Y., CPA has been indicted for allegedly collecting $124,275 in a variety of benefits while working as an accountant. The office of the New York State Inspector General said Abraham Grossman of Chase Commons, Yaphank, received food stamps and home heating aid while maintaining a home in Suffolk County, N.Y., and a beach-front condo in Florida.

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