Bookkeeping stories
More than one million extra sole traders and landlords will be pulled into Making Tax Digital from next April, boosting demand for bookkeepers' guidance.
The hire signals MYOB's push to simplify bookkeeping and add AI tools for small businesses and accountants across Australia and New Zealand.
AI will reshape accountancy, but employers still need graduates who can provide judgement, trust and reassurance when businesses face uncertainty.
The deal gives Greenhawk's 22 staff access to Silicon Valley and Singapore engineering support, easing tax compliance work and speeding client insights.
The upgrade removes a long-standing barrier to listings and DeFi use, letting ZANO move to Ethereum and other chains before returning privately.
The update is aimed at cutting hours of manual bookkeeping for small firms as rivals race to embed AI into finance workflows.
Small businesses and accountants could save time on reconciliation and month-end work as Xero widens AI tools across payroll, payments and reporting.
Canadian QuickBooks Online and Xero users can now process supplier and expense payments in one workflow, after beta users handled more than USD $2 million.
The service targets a tight hiring market, promising faster placements and lower costs for finance teams struggling to fill skilled roles.
For many owners, routine finance tasks are now eating into hiring, investment and growth plans as fragmented tools add to stress.
Most Australian accounting firms expect AI to reshape hiring and services, rather than reduce headcount, the Xero survey found.
Finance admin is limiting growth plans for many UK SMEs, even as 56% say they are confident about the year ahead.
Many finance teams are losing up to 39 hours a month to reconciliation and banking admin, exposing a stubborn automation gap.
The update adds payroll-linked compliance checks for an estimated 920,000 Australian small businesses as MYOB trials the tool with employers.
A Dext survey of more than 400 practitioners shows 60 per cent of Australian accountants and bookkeepers say heavy workloads are a daily challenge.
Small firms using the app can now automate tax set-asides and invoice checks as banks race to curb fraud and cut admin.
Australian small businesses rated the software highest for easing admin, with users praising its reporting, integration and ease of use.
Many still share banking logins with advisers as a survey found 82% of owners had not heard of Canada's new open banking law.
Small businesses may be able to run payroll, payments and bookkeeping in one system as Xero deepens its US push with new tools.
Australian founders are losing time worth more than AUD $92 billion a year to routine admin, dragging on productivity and growth.
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