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Latest product news — April 2023

Xero

Xero Accounting app: The invoice list view has been refreshed with a new design , to help you find the information you need quickly and make the app more accessible. Xero Me: Employees can now duplicate existing expense claims in the Xero Me mobile app, for a fast and simple way to submit similar claims.

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Latest product news — July 2022

Xero

Here are the most recent design changes in Xero: We’ve made improvements to the design and layout of bank reconciliation within the Xero Accounting app, to make your experience easier and more accessible (iOS and Android). We’ve recently made a number of enhancements to the features in Xero Tax. Company accounts tax.

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Latest product news — September 2022

Xero

Make adjustments in the Xero Accounting app — Global. We’re now giving you two ways to make adjustments in the Xero Accounting app: bank fees and minor adjustments. Rollover and merge pre-populated data in Xero Tax — New Zealand. This helps you understand, track, manage and troubleshoot changes to employee details.

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How I Stay Sane During Busy Season (Mostly… Arguably… Okay, Just Don’t Ask My Husband About It)

Nancy McClelland, LLC

And because theres functionality for ProAdvisors that allows us to easily review and recategorize (check out my MSN article on our favorites), it means I can feel confident about the quality of the end result before it goes onto my clients tax returns. Net weekly gain: over five hours.

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Does Shopify Do Accounting?

Snyder

Although Shopify is a popular e-commerce platform and CMS, Shopify accounting tools are fairly limited. To execute more complex tasks such as filing compliant tax returns, you will need an integrated e-commerce accountancy app. What is the importance of accounting for e-commerce businesses?

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Does Shopify Send a 1099?

Snyder

However, you will usually need the following forms: Form 1040 for income tax returns Schedule C if you are a sole proprietor and have income or losses to report 1099-K, issued by Shopify for merchants turning over $20,000 a year or over 200 transactions. Can a Shopify Accounting App Automate My Tax Filing?

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Do I Need an Accountant for My E-commerce Business?

Snyder

Here are a few scenarios in which you probably need advice from an accountant: Choosing an advantageous trading structure as a start-up Switching between accrual and cash-basis accounting systems Filing complex tax returns or multi-state sales tax declarations Managing cross-border taxes for international sales Troubleshooting a cost inefficiency.