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Does Shopify Do Accounting?

Snyder

Although Shopify is a popular e-commerce platform and CMS, Shopify accounting tools are fairly limited. To execute more complex tasks such as filing compliant tax returns, you will need an integrated e-commerce accountancy app. What is the importance of accounting for e-commerce businesses?

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Does Shopify Send a 1099?

Snyder

One of the several requirements to sell on Shopify is that you need to declare your tax liabilities, including corporation, income, sales taxes, and potential overseas taxes if you sell internationally. Which Shopify Tax Forms Do I Need? Can a Shopify Accounting App Automate My Tax Filing?

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New features announced at Xerocon London

Xero

To find out more about how we’re building greater accuracy into JAX, check out my blog: How GenAI-powered Just Ask Xero will reimagine accounting. For tips and tricks on using AI, download our AI guides : there’s one for accountants and bookkeepers, and one for small businesses. Partnership tax is available from July in beta.

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Latest product news — October 2022

Xero

We’ve added a new feature to the layout editor, so you can set up grouping rules based on account codes. This means any new account that fits the rules criteria will be automatically shown in the right section of the report. Manage POs and contacts in the Xero Accounting app — Global.

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Latest product news — July 2022

Xero

Here are the most recent design changes in Xero: We’ve made improvements to the design and layout of bank reconciliation within the Xero Accounting app, to make your experience easier and more accessible (iOS and Android). We’ve recently made a number of enhancements to the features in Xero Tax. Company accounts tax.

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Latest product news — September 2022

Xero

Make adjustments in the Xero Accounting app — Global. We’re now giving you two ways to make adjustments in the Xero Accounting app: bank fees and minor adjustments. The new Account Summary report has been released to all customers. Rollover and merge pre-populated data in Xero Tax — New Zealand.

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How To Start a Bookkeeping Business in 2022 [Step by Step]

Ryan Lazanis

Do you want to know how to start a bookkeeping business or accounting firm in 2022? In fact, these are the very steps that I followed to help take my heavily bookkeeping-focused accounting business from scratch to sale in only 5 years. You pick the date that makes the most sense for you and your accounting firm.