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Accountants Reveal Small Businesses’ Biggest Financial Mistakes

PYMNTS

14) said Intuit’s report found a lack of proper record-keeping landed at the top spot of the list of the biggest frustrations for small businessesaccountants, with nearly three-quarters of professionals surveyed saying this was the most common problem they saw. Reports Thursday (Sept.

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HostBooks Enters The SMB Accounting Arena

PYMNTS

San Francisco-based HostBooks is stepping into the small business (SMB) accounting software industry, announcing Thursday (Jan. In its announcement , HostBooks aimed to differentiate itself from industry leaders, including QuickBooks and Xero , by emphasizing its focus on automation.

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Overcoming The Pre-Accounting Hurdle Of Data

PYMNTS

In a recent conversation with PYMNTS, Receipt Bank CEO Adrian Blair explained that this predicament is a massive opportunity for an emerging field of the small business accounting arena: the pre-accounting phase. He offered the example of a small business that has purchased an automobile. .

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MYOB Preps For Single-Touch Payroll Ahead Of KKR Takeover

PYMNTS

Intuit, which owns QuickBooks , also revealed plans to roll out its STP-compliant solution for smaller businesses, while Reckon will roll out a payroll-only STP software offering or an STP-compliant accounting software solution that includes more features for companies.

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Right Networks Eyes SMB App Connectivity With Propelware Acquisition

PYMNTS

Propelware owns Autofy , a solution that connects other customer relationship management (CRM) and eCommerce apps to small business financial management platforms like QuickBooks and QuickBooks Online. In a press release issued on Tuesday (Dec.

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SMB Accountants Pull Data Integration To The Top Of Their Priority Lists

PYMNTS

Jennifer Brazer, founder and CEO of virtual accounting services provider Complete Controller , told PYMNTS in a recent interview that data integration today is an integral part of the small business accounting world — and offers accountants an opportunity to further elevate their role as advisor.

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Combining Personal And Business Spend Management — The Right Way

PYMNTS

Small business accountants have a bone to pick with their clients. A survey released by Intuit this week found that SMB accountants say the top challenges to being able to do their jobs include small businesses failing to adequately keep records, not using accounting software and not staying on top of bills.