Online accounting software maker Xero has added a set of new features, including 1099 and GAAP compliance additions for the U.S. market, as well as integration with the Track1099 e-filing and preparation tool.

Xero now provides both International Financial Reporting Standards and GAAP-compliant reports on a single platform. Small businesses can select standard reporting for their country of origin, while accounting professionals can serve both sets of clients from Xero's Partner Edition. 

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