Technology news for Australia's largest enterprises
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Service providers must go big, go boutique or go broke – Xero
As practices digitise, streamline, scale and specialise, those who hold onto the traditional approach risk being left behind.
This April: IRD makes changes to online portal and provisional tax reporting
The changes include the implementation of the new Pay Day PAYE process, the accounting income method (AIM) for provisional tax, and a revamp of myIR.
MYOB pilots AI advisory feature for accountants
The new technology aims to let accountants and bookkeepers provide in-depth business insights to clients.
MYOB sees record online subscriber growth and migration rates
“We are seeing more and more accountants and SMEs embrace their digital future and migrate online,” - CEO Tim Reed.
Xero doubles down on commitment to Auckland with new office
The new office will include a coworking space and event centre that will focus on cloud-based business platform innovation.
Automation and the changing role of accountants - Highlights from MYOB Incite
Paralympian-turned-artificial intelligence-advocate Liam Malone featured as the keynote speaker.
New AIM reporting rules will remove tax uncertainty for SMBs
For a business with less than $5 million revenue, every three months its cloud accounting software will calculate the tax obligations owed.
Reckon Group FY17 results shows investment for future growth
Reckon Group’s Document Management Business has demerged and listed on the AIM market of the London Stock Exchange.
SMBs struggle to set up shop due to slow internet speeds
Small businesses may be the engine room of the Aus economy, but it appears support doesn’t go both ways.
Xero opens biggest office globally in Wellington
More than 650 employees will be spread over five levels with an internal atrium staircase connecting the floors.
MYOB buys Reckon’s Accountant Group for $180 million
“This is a fantastic opportunity for us and an exciting step forward for the future of the accounting industry.”
Xero launches machine learning automation to improve coding accuracy for SMBs
50% of businesses use 10 or more expense codes, while others create their own codes, which means that information is often entered incorrect.
Reckon announces partnership with VIP Home Services franchise
As part of the agreement, Reckon will offer ongoing financial management software training and support for the cleaning and gardening franchise.
Xero announces integrated new feature for requesting client documents
Xero developed a solution within Xero HQ to let accountants and bookkeepers collect information from clients.
Reckon’s new feature simplifies data collection
SyncDirect allows accountants to collect clients’ accounting data regardless of which desktop or cloud-based accounting package they use.
Email scammers targeting SMBs under guise of accounting software
Cybercrime networks may be chasing smaller businesses who don’t have a dedicated infosec or IT team to help defend against scams.
Fuji Xerox files proceedings against former senior executives
Fuji Xerox NZ and its parent company have begun civil action against the former senior executives of the Kiwi operations.
Intuit and Google announce Quickbooks integration for invoicing
Research of more than 500 accountants and bookkeepers has highlighted challenges they faced when managing the accounts of their SMB clients.
Reckon and Xeppo sign distribution deal for accounting software
The strategic partnership is designed to offer larger multi-disciplinary accounting firms a single source of truth in the cloud.
Xero HQ partners with apps to deliver digital accounting suite
Xero HQ and the nine integrated apps will give practices a hand to build a sustainable practice to drive efficiency.
Xero launches wave of new products at Xerocon
Xero Discuss, Xero Expenses, Xero Projects, Xero HQ and Xero Lifelong Learning Platform were announced at the Melbourne Convention Centre today.
Why businesses get holiday pay wrong - MYOB
Complexity of working arrangements and different business models means a one size fits all approach is not possible.
Reckon One update promises a more intuitive, accessible and cleaner UX
“We believe this update will provide a much better user experience for small businesses, by making it easier for them to manage their books."
Fuji Xerox NZ suspends new government contracts following accounting scandal
An independent report has revealed "inappropriate accounting" in operations in NZ and AU amounting to roughly $355 million between 2016.