November concludes with the arrival of a new online challenger bank and yet more integration between practice programs and online bookkeeping platforms.
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Tide integrates with Xero
28 Nov – Business bank Tide has announced a new integration with Xero for iOS users.
The online-enabled business bank Tide is a new member of AccountingWEB's Insight Exchange product news service and celebrated the occasion by announcing a new integration that syncs and reconciles iPhone banking transactions in Tide directly with Xero.
Users can access the integration by logging into the Tide app, selecting the “more” tab and tapping the accountancy software section and selecting “integrate with Xero”.
A version of the Xero integration will shortly be available for Android users. Following feedback from their members, Tide will also integrate with FreeAgent, Quickbooks and Sage in the near future. Users can vote for their preferred software or join Tide’s beta testing programme.
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BTCSoftware hooks into cloud accounting systems
24 Nov - BTCSoftware announces new integrations with bookkeeping software.
The tax and practice management software developer BTCSoftware has recently announced the integration of its Accounts Production solution with FreeAgent, QuickBooks, ReckonOne and Xero.
The new integrations respond to the user feedback received and aim to introduce time-saving features for the accountancy practices. BTCSoftware also integrates with MyDocSafe and other accountancy-related software including BrightPay, Gabelle, Receipt Bank and SAGE.
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Expert predictions for 2018 with Futrli
27 Nov – Getting their retaliation in early, cloud forecasting specialist is hosting a webcast on 7 December to help accountants plan for the year ahead.
In a fitting move for a forward-looking software developer, Futrli is hosting an online panel discussion at 10am on Thursday 7 December to collect predictions for 2018.
Lloyds Bank Fintech chief Gilad Amir, Deloitte Propel technology lead Gemma Taylor, BDO head of advisory Jeremy Hayllar and Xero’s Gary Turner will put forward their tips for the key issues to watch including staffing, technology and AI, banking and client management.
The Cloud Watch team at AccountingWEB will be listening in, so maybe we’ll see you there.
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Jordans hooks e-verification into company formation platform
24 Nov - Jordans launches the first company formation platform with e-verification.
Compmany services provider and formation agent Jordans has linked its AML (Anti Money Laundering) system to its single sign-on facility formations platform.
The link between the two services enables professional firms to form companies and complete their due diligence at the same time.
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Pandle introduces PayPal feeds
17 Nov – Pandle introduces PayPal feeds to its software.
The new PayPal feature aims to help businesses get paid on time. After the software connection to Stripe, which enables clients to take payments directly from their invoices, Pandle has included the same type of feature for PayPal.
With its latest feature, Pandle has also simplified the process of managing multiple currencies. Instead of asking users to set up a separate bank feed for each currency, with the new PayPal integration Pandle automatically creates a sub-account for each currency.
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ShopVOX wins $100,000 QuickBooks Apps Showdown
16 Nov - Print shop management app shopVOX, which brings together job costing/estimating, quotation, sales and production management functions, won the $100,000 app showdown at QuickBooks Connect in San Jose.
Designed to attract more apps to the QuickBooks ecosystem, the showdown culminated a 3min “Dragons Den” pitch to four high-powered judges at the QuickBooks event. There were also given a booth at the show to display their wares to the thousands of visitors.
ShopVox edged out nine other developers to the prize, including Ireland’s data capture specialist, AutoEntry.The others taking part were Recur360, Kindful, A2X, GoClio, Locate, DryRun, StatX and Veem.
ShopVOX CEO Rao Meka thanked his team for their efforts and all of ShopVOX’s early adopers, ”We broke things and stumbled, but you stuck with us and gave us a chance,” he said. For more detail, see AccountingWEB.com.
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MyFirmApps develops a new ‘Collect’ app platform
9 Nov - A new app platform provides customers and their clients with tools to collect all the necessary information for MTD using smartphones or tablets.
MyFirmsApp’s ‘Collect’ platform provides tools to keep track of receipts, income and mileage in one place.
Users are able to select clients for review, accessing to all their records and performing actions on their behalf.
Additionally, users always see an up-to-date copy of their clients’ records, reducing the time needed to exporting data, or entering records. An ‘Unsure’ category has also been added to the platform to compile expenses the customer is hasn’t been able to categorise.
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New features added to FirstOrder secretarial
6 Nov - First Corporate will implement new features to FirstOrder Secretarial based on user feedback. A first implementation will ensure the software meets with the technical requirements of the PSC register and will improve the process of submitting multiple SH01.
Cloud-based secretarial software FirstOrder will introduce new features based on user feedback over the coming months. The first implementation will ensure the software meets the requirement to submit a ‘date entered in register’ entry on forms PSC01-07 of the PSC Register. The date of the allotment or transfer of shares will be the default option, but users will also be able to select a different date.
Additionally, the first update will fix an issue with multiple SH01 submissions, enabling users to submit a combined SH01 for multiple share allotments have been made on the same day in the same class and for the same price per share.
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TaxCalc incorporates HMRC’s pre-population APIs
6 Nov - TaxCalc has introduced a new feature that enables users to receive data directly from HMRC using HMRC’s pre-population APIs.
TaxCalc’s new feature uses pre-population APIs to receive data from HMRC. Users will only need to check the data and click a button for confirmation. The data will then be fed into TaxCalc Tax Return Production to generate a tax return.
This information will be available for every taxpayer registered for self assessment. However, users are being prompted to compare the HMRC data with the original documentation to check that the information is correct before submitting it.
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Expensify announces open reports update
1 Nov - A new update to cloud-based receipt and expense management software Expensify enables admins to edit expenses on open reports.
Expensify now enables admins to edit and attach receipts for expenses that are on employees’ open or unsubmitted reports. For instance, admins will be able to categorise, tag, or comment on the reports and they will also be able to complete expenses for those terminated employees that have left unsubmitted transactions in their account.
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IRIS autumn release 2017
The IRIS Autumn Release 2017 v17.3 brings new functionality and introduces the new IRIS Connector that had previously been announced at IRIS World.
IRIS has announced the release of the new IRIS Connector, which allows direct data imports from the cloud bookkeeping products KashFlow, Xero, FreeAgent and QuickBooks Online.
Other features of the v17.3 release include improvements in accounts productions and legislative updates, such as the latest rates and allowances for tax, the new tax allowance for property and trading income and a transition to a new HMRC gateway for electronic tax return submissions.
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Contributions from the AccountingWEB.co.uk editorial team.