Accounting software

The move to online accounting systems opens up a world of functionality.

The company brought in $7.7 billion, up from $6.8 billion in FY 2019, the growth mainly fueled by TurboTax Online and TurboTax products.

Since the advent of the internet, the accounting profession has faced an identity crisis.

New capabilities include automatic calculations of monthly amortization, remaining balance, and full account reconciliation for prepaid expense and deferred revenue accounts.

Despite global setbacks caused by the COVID-19 pandemic, Xero will be hiring in Toronto, aiming to double the size of its team there in two years.

She will hand the reins over to Marc Huffman after 20 years at the helm.

Intuit Inc. has agreed to acquire TradeGecko, a Singapore-based inventory and order management software platform for small retailers and wholesalers in more than 100 countries.

LeaseAccelerator, which makes lease lifecycle management software, has released EZLease, an automated lease calculator.

Vendors and industry experts help parse the difference between hosted and native apps.

The National Association of State Boards of Accountancy voted to approve the CPA Evolution model, which it has been developing with the American Institute of CPAs, in an effort to require more technology skills from CPAs to pass the Uniform CPA Examination and qualify for state CPA licenses.