Xero is finally doing traditional bank recs – is QuickBooks in trouble?
Xero unveils game-changing features at Xerocon Nashville, including traditional bank reconciliations, embedded bill pay, and AI capabilities. Learn how these updates stack up against QuickBooks and what they mean for the future of cloud accounting.
What's Next for QuickBooks? Hector Garcia Shares His Predictions
Big changes are happening in the world of QuickBooks! I recently spoke with Hector Garcia, CPA about the past, present, and future of Intuit's small business accounting software on my podcast.
Bookkeeping is Dead: How Intuit Will Kill It for Good
Hot on the heels of TurboTax Live, Intuit is building an on-demand bookkeeping service called “QuickBooks Live" that will connect business owners directly with bookkeepers via video chat and screen sharing technology integrated directly into the QuickBooks application.
New Features and Improvements Announced at QuickBooks Connect
Intuit announced a number of new features and improvements at the annual QuickBooks Connect user conference. Read about the updates on the QuickBooks Blog.
LedgerSync: A Bridge to the Cloud
Accounting and bookkeeping are all about the cloud these days. But not every firm is ready to make the switch. If you're sticking with desktop for a while longer, LedgerSync can give you some of the benefits of the cloud at a very reasonable price.
Xero Hits a Home Run with Find & Recode
Today Xero released Find & Recode, a tool for accountants and bookkeepers to quickly find and edit transactions in bulk. As with a number of Xero features, QuickBooks Online has had this one for years. But as usual, Xero came through with a tool that is far more elegant and useful—so I'm not complaining! Here's a breakdown of Xero's Find & Recode and how it compares to QBO.
Why Xero is great for startups
Last night, I had the privilege of joining the Xero team at Santa Monica New Tech, a group of entrepreneurs who get together to showcase new technology and network. I spoke a bit about what make’s Xero a great fit for U.S. startups looking for an accounting software solution. Here’s what I had to say.
![Xero + QBO share just 2% market penetration in U.S. accounting software [chart]](https://images.squarespace-cdn.com/content/v1/5437534fe4b063c91fba5659/1413251404208-SE5IJABBENIXQBIHWWOX/image-asset.png)
Xero + QBO share just 2% market penetration in U.S. accounting software [chart]
Xero and QBO together have a market penetration of close to 2%. That's in a total market of 29 million small businesses in the United States. The market penetration is less than 12% if you only count businesses already using desktop software.
How to set up the QuickBooks customer list for parents and children
As a tutor, occupational therapist, or any service provider who works with children, your customer is the whole family. You need to be able to keep track of a parent or two, plus one or more children. The problem is that QuickBooks only gives you room for one first and last name per customer. Luckily, you don't have to choose. You can use sub-customers to create linked accounts for each member of the family.