All Accounting Articles Industry News

All Accounting Articles Industry News

Big money moves in the HR tech space will likely see major acquisitions by the main accounting software players in the coming months, predicts one technology consultant.

Major accounting software players tipped to make big moves in HR

A major system glitch has seen MYOB incorrectly send 220 individual payment summaries to the wrong individuals ahead of tax time 2019.

MYOB glitch sees 220 payment summaries sent in error

An SMSF software provider has revealed plans to expand into the accounting and financial planning sectors as it announces a partnership with a mid-tier accounting network.

Software provider eyes expansion into accounting, financial advice

Accountants have been urged to start preparing for the rollout of myGovID due to the short nine-month transition time before AUSkey gets decommissioned.

‘100% mobile’: AUSkey replacement debuts

The ATO is expecting up to 4 million individuals to sign up for a myGov account in the wake of the introduction of Single Touch Payroll as it urges agents to keep a close eye on their client communication list.

4m taxpayers estimated to sign up to myGov this tax time: ATO

The Tax Office will likely halt access to the current tax and BAS agent portals by the first quarter of next year as it implements a new authentication process that will see AUSkey phased out.

Tax and BAS agent portals set to shut down by March 2020

A major bank has teamed up with a fintech company to introduce a new tax reporting platform that will give advisers greater visibility over investment data.

Major bank announces partnership to enhance tax reporting capability

A major accounting software provider has sought to reassure that its new bookkeeping service will not undercut the local market by being artificially priced.

Intuit ‘won’t artificially price’ new bookkeeping service

Cyber security preparation among finance professionals remains low despite acknowledging the rising threat against their organisation, a new survey shows.

Finance teams seriously unprepared for cyber attacks

Shades of the ATO’s 2017 ‘annus horribilis’ have returned following a major system outage that has affected its online portals a day before a lodgment due date.

ATO major system outages strike again

Clients looking to adopt new cloud systems need to curb their expectations of a perfect solution and take a leap forward to reap the benefits of quality data, say industry experts.

‘No silver bullet’ in accounting ecosystem

Intuit QuickBooks Australia has announced some big new moves in the tax and bookkeeping space, including with its end-to-end tax and receipt capturing functions.

Intuit makes good on practice management development