Product news: ZipBooks adds transaction types, preps for adding 1099 forms
ZipBooks adds transaction types to software, and prepares to generate 1099 forms by end of year
ZipBooks has added three new create buttons to the transactions section. Instead of clicking the green “plus” button to create a new transaction, it now expands out to allow the user to create an expense, deposit, transfer, or custom transaction. The custom option is a carryover from the older transaction flyout menu. If the transaction is an expense, ZipBooks assumes that there will be a credit to an asset account or a liability account. Users can also assign an expense as billable to a client. If the transaction is a deposit, the software assumes that there will be a debit to an asset account. Transfers are called out in the transaction list with directional arrow, and the software has been updated to make where a user enters a destination bank account more clear.
ZipBooks has also added the ability to toggle the transaction creation form between standard and advanced views. Users who want to enter a transaction directly as debits and credits can toggle to the advanced view.
The software company is adding the ability to generate 1099 forms by the end of the year based on whether the expense is tagged as being paid to a contractor. Users can check the 1099 box if they want to use the 1099 reporting feature in the future. For the ZipBooks 1099 form resource guide, click here.
FloQast names VP of product
FloQast, which make close management software, has appointed Rob Feinstein to a newly created position, vice president of product. He will be responsible for global product strategy and execution, including improving FloQast’s current products and solutions and identifying new areas in which to expand.
Feinstein most recently served as vice president of product at OutboundEngine, an Austin-based SaaS marketing automation solution for small businesses. Earlier, he served as vice president for ReachLocal, a Woodland Hills, Calif.-based provider of digital marketing services, where he managed global product management for desktop and mobile SaaS initiatives, social media and search engine optimization. Previously, he held senior product and general management roles at Business.com, Monster.com, EarthLink and CareerPath.com.
FloQast recently closed $25 million in funding, and this appointment is part of how the company is putting that investment to use, CEO Michael Whitmire said in a statement.
IntelliChief launches new version of content management platform
IntelliChief, which makes document management and workflow automation software, has released the newest version of its enterprise content management (ECM) platform, IntelliChief ECM 4.1. The upgraded software, which can be used in accounting departments for AP and AR, features new mobile workflow abilities, which allow users to view, index and add notes to project and transaction documentation on-the-go. The update now allows Microsoft Active Directory synchronization, as well as support for additional file types in the IntelliChief Viewer. Native document file formats and their TIFF images can be used in the IntelliChief Workbench.