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Xero to Release Inventory Software

Bar code newXero plans to release an inventory software package soon. The company said recently the product will be brought to the market in the United States before a global release.

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Intuit Fields Migration Tool

Link chain

 Intuit is offering a tool for migrating QuickBooks desktop product to QuickBooks Online. One link is available for Desktop Pro/Premier while Enterprise clients can access it via another link

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Paycor Releases Enhancements

PayrollPaycor has released two new payroll features, including AutoRun which enables schedules to be set to run payroll automatically. The system can also be monitored through the Paycor mobile app.

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QB SMB Retail Marketplace Opens

marketplaceIntuit has launched Trada by QuickBooks, a market-place were small businesses can buy and sell wholesale goods. The platform is designed for retailers in the United States and Australia.

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Economy Dampens Blucora Wealth Biz

 Dollar blue greensBlucora said market volatility held down growth in its Avatax wealth management business for the second quarter ended June 30. The company this month reported a revenue increase of 1 percent over last year’s corresponding period as a result.

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Thomson Tax, Acct'ng Revs Up 9%

Arrow blue Sales of the venerable UltraTax software was one of the factors in organic revenue growth of 9 percent form Thomson Reuter’s Tax & Accounting Professionals business for the second quarter ended June 30. The company also cited the performance of audit products and unit’s Latin American Business as factor.

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CCH Axcess Revs Overtaking Desktop in 2023

McKinstry Nancy NewRevenue for CCH Axcess will pass the amount of revenue for desktop tax and accounting products next year. Wolters Kluwer this week did not disclose the among of revenue for the cloud product but noted the cloud platform’s double-digit organic growth for the first half ended June 30.

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SmartVault Gets Form-fill, Quotes This Year

 Update diffrentForm-fill and quoting technologies will be available for SmartVault during the fourth quarter, its parent, GetBusy, said this month. As it released results for the first half ended June 30, GetBusy said those features will be integrated with its Virtual Cabinet line later.

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Liberty Parent Curtails Loan Biz

Loan hand moneyNextPoint Financial, which owns Liberty Tax Services, is ceasing to make loans through its LoanMe operations, which it acquired for about $120 million a year go. The company, which is based in Hurst, Texas, but trades on the Toronto stock exchange, said it has cut LoanMe’s workforce and will only continue to service outstanding loans.

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SEC Censures CohnReznik for 2017 Audits

CriticismThe Securities and Exchange Commission has censured accounting firm Cohn Renick and ordered it to pay a $1.9-million civil money penalty. The actions stem from what the SEC said were deficiencies in the firm’s quality controls that led to audit issues with two companies in 2017.

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