Displaying items by tag: Accounting

LinkedIn, the world's largest professional network, has rocketed past three million members in Australia in just over two years after opening its first Australian office and, not surprisingly, IT is now one of the top three industry sectors represented on LinkedIn.

One of the founders of MYOB has boosted his stake in cloud accounting provider Xero.

New Zealand-listed accounting software vendor, Xero, has raised a further $15.5 million from existing strategic investors in the company to support its future growth in Australia and globally, at the same time as it announced the acquisition of practice management company, Max Solutions, the developer of job, time and invoice management solution WorkflowMax.

Accounting software is traditionally released around Easter, ahead of the new financial year. But SaaS is more amenable to updates during the course of the year, as Reckon has shown with the announcement of new features for CashBook Online.

After a $1.2 billion acquisition deal with UK-based Sage Group fell through late last week, Australia's largest business software maker MYOB has been acquired by US private equity firm Bain Capital for an undisclosed sum.

MYOB users seeking better cashflow forecasts may benefit from an extension of a discount offer on Calxa Express into the new financial year.

Prepare yourself for tax time and beat tax the dilemma of tax procrastination.

10,000 of Netregistry's 250,000 customers have signed up for a free trial of the cloud based Reach Accounting service.

Cloud accounting provider Saasu has added an iPhone app to its portfolio.

QuickBooks 2011/12 features GovConnect, a new program for reporting to governments. The first function to be implemented is BAS submission.

NetSuite is holding breakfast seminars on the latest Cloud Computing and SaaS strategies for finance and accounting professionals on Wednesday, 13 April in Sydney and Friday, 15 April in Melbourne.

Cognito Software is positioning the new version of its MoneyWorks accounting software as a superior alternative to QuickBooks or MYOB. MoneyWorks 6 includes a range of new features.

Cloud application provider Zoho has added an SME accounting program - Zoho Books - to its catalogue.

The market for accounting software sold in the cloud continues to heat up with the release this week of Sage My Business.  The twist this time is that the company is making the cloud based software available for free to accounting students.

Target Harlosh the agile insurance solutions provider today announced its first Managed Service contract in Australasia with Western Pacific Insurance Ltd, a provider of niche insurance services in New Zealand, Australia and Asia.

MYOB's LiveAccounts cloud-based accounting system is enjoying a "phenomenal" uptake according to a company executive.

MYOB officials have explained how the company's forthcoming hybrid cloud/desktop accounting software will include APIs that can be exploited by third-party developers, and how it will initially handle the problem of simultaneous changes to records.

A proposed change in international accounting rules could challenge the widespread use of computer operating leases by large enterprises and may also prompt users of cloud computing services to review the terms of their service contracts.

The developer of MoneyWorks has released a free utility to import data from MYOB or AccountEdge.

The cloud based market for accounting software is about to hot up with New Zealand's Xero signing an exclusive marketing deal with the ANZ Bank just as arch rival MYOB prepares to edge its way into the cloud.