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.
View items...SmartsPros Reports Loss on Rev Drop
- Thursday, 17 March 2011
- News
- Written by The Progressive Accountant
Educational vendor SmartPros lost $129,292 in 2010, compared to net income of $398,683 the prior year. That came as revenue dropped to $17.62 million for the most recently ended year, down 8.6 percent from $19.27 million for 2009. The company blamed the decline on what it called the consultative aspects of its business, particlarly its Skye Multimedia division.
AICPA Moving into Management Accounting
The American Institute of CPAs and the Chartered Institute of Management Accountants are proposing a joint venture to create a new designation for management accountants worldwide. However, to hold that designation in the United States, a person would also have to be a CPA, which appears to mean the proposal would put it into the same market as the Certified Management Accountant credential from the Institute of Management Accountants.
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Jackson Hewitt May File for Bankruptcy
Jackson Hewitt has canceled its earnings conference call for the third quarter ended January 31 as the company and its lenders talked about restructuring its balance sheet. A document filed with the SEC said this could include a "pre-packaged bankruptcy." That statement came despite a return to profitability and a rise in revenue by the tax preparation chain. The SEC filing said the parties must execute the deal by April 29 or the lenders could declare the company in default on its loans.
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Caturano Lifted RSM McGladrey Revs
Although RSM McGladrey reported a 4-percent drop in revenue for the third quarter ended January 31, the firm's purchase of Caturano last year boosted tax services revenue by 5.4 percent. Meanwhile, cost-cutting helped McGladrey post an operating profit of $8.59 million, a rebound from a loss of $11.2 million in last year's corresponding period.
Intuit Testing QB Online in U.K.
I
ntuit is testing QuickBooks Online in the United Kingdom and is looking for a way to get into the retail market there as part of its plan to grow its largely American business in other countries. Those were some of the remarks made by Matt Rhodes, Intuit's director of investor relations at a UBS Technology Conference in London this week.
Thomson CS Suite Supports iPad
- Tuesday, 08 March 2011
- New Products
- Written by The Progressive Accountant
The CS Professional Suite from Thomson Reuters now supports Apple's iPad tablet. A new release provides iPad support for the suite and the Virtual Office CS environment and offers access to portals and client files within FileCabinet CS.
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McKinstry Gets 13-percent Pay Hike
- Wednesday, 16 March 2011
- News
- Written by The Progressive Accountant
Nancy McKinstry, chief executive of Wolters Kluwer, received a 13-percent increase in compensation in 2010, as the parent of CCH detailed executive compensation in its annual report for the year just ended. McKinstry's pay totaled about $3.84 million. The reported pay does not include stock compensation as do American pay totals for executives of public companies.
Thomson Debuts Workstation App
- Monday, 07 March 2011
- News
- Written by The Progressive Accountant
Thomson Reuters has launched OneSource WorkFlow Manager 5.0, which the company calls a core component of its global tax workstation designed for multinational companies. The company says the latest version provides users with greater customization, visibility and control.
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CCH Opens Twitter Payroll Page
CCH's parent is providing payroll news via a Twitter page, CCHPayrollTalk. Originated by Wolters Kluwer Law & Business, the page provides information about payroll issues for legal and business professionals and products marketed under the company's CCH and Aspen names.
Read more...Exec Outlines QuickBooks Online Cost
A QuickBooks Online user could pay two-and-a-half times what a desktop user would pay for QuickBooks over five years, an Intuit executive said at the Morgan Stanley Tech Media and Telecom Conference held this week in San Francisco. Kiran Patel, the SVP who heads Intuit's Small Business Group, also said revenue from QuickBooks users who purchase additional Intuit products has doubled over three years.
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