Accounting software

Auditing costs are going up for companies, in part due to new accounting standards for revenue recognition and leases, according to a new survey.

Accounting packages for not-for-profits are getting more sophisticated as their needs evolve.

Two firms share their experiences with offering CAS to their clients.

BCS ProSoft now offers Sage Intacct, Invoiced performs well on the G2 reviews website, and more.

U.K. software company Sage Group Plc has entered into an agreement to sell its Sage Pay business to Elavon Financial Services, in an all-cash deal worth about 232 million pounds ($300 million).

Xero has invested heavily in the past year to expand its small business products beyond their core accounting services to help small businesses manage staff, operate, and scale.

New features include a dashboard, which today has become indispensable for accounting software products.

QuickBooks Connect 2019 didn’t arrive with any big product releases or company news. Instead, Intuit discussed injecting artificial intelligence into its existing products, and adding capabilities to the QuickBooks suite.

The bookkeeping-on-demand service is proving popular with accountants, and creating new opportunities for Intuit.

The new standard transforms the rules that govern accounting for nearly all types of leases, including real estate, vehicle and equipment.