Connect with us

Business

INTUIT QUICKBOOKS LAUNCHES PRACTICE MANAGEMENT ALLOWING UK ACCOUNTANTS TO SEAMLESSLY TRACK AND COORDINATE ALL CLIENT AND FIRM WORK IN ONE PLACE

Published

on

INTUIT QUICKBOOKS LAUNCHES PRACTICE MANAGEMENT ALLOWING UK ACCOUNTANTS TO SEAMLESSLY TRACK AND COORDINATE ALL CLIENT AND FIRM WORK IN ONE PLACE

New QuickBooks Online Accountant Practice Management enables UK accountants to spend less time managing their practice and more time as a trusted advisor to clients 

Intuit QuickBooks, the world’s number-one online small business accounting solution, today launched a major update to QuickBooks Online Accountant. The new Practice Management tool allows accounting professionals to collaborate with colleagues and clients and manage their workflow from one central location to ensure nothing falls through the cracks.

Practice Management, which is connected through the QuickBooks Online ecosystem platform, allows accounting professionals to move from the cumbersome, disjointed experience of manual tracking to seamlessly tracking and coordinating all the work associated with their clients and firm, in one place. This provides accountants with more control over their business and frees up time to provide quality service to clients.

Dominic Allon, Europe VP and Managing Director, Intuit, commented: “Our vision for QuickBooks Online Accountant is to power the prosperity of our customers, and to be the one place where accounting professionals can manage all their clients. Practice Management is our first step in helping accounting professionals in the UK and around the world better manage their workflow and change the way they run their business. By giving accountants the confidence that nothing will fall through the cracks without creating a maintenance burden for them and their team, we are helping accountants save time, be more efficient, and grow.”

Practice Management features a new dashboard that provides accountants with an overview of all their workflows by showing every task assigned to them. Managers within the practice can receive insight into what their team is working on so they can better plan their week or month by managing the workload across their team.

This increased transparency helps managers make informed staffing decisions, such as whether to permanently or temporarily increase staff. Tasks are automatically marked as complete as professionals finish assignments and projects. With Practice Management, accountants will always know what was requested, received and still needed from clients, minimising the time spent trying to collect source documents.

Practice Management is free and natively integrated within QuickBooks Online Accountant. Accounting professionals can access it from their phones, making it easy to manage their workflow anytime, anywhere, while small business clients can see communications from their accountants all in one place under “My Accountant” in QuickBooks Online.

Accounting professionals around the world will begin to experience the new Practice Management capabilities within QuickBooks Online Accountant as it is rolled out over the next few days. It is scheduled to be available for all QuickBooks Online Accountant users by 19th May, 2017.

Business

European stocks turn defensive as lockdown worries resurface

Published

on

European stocks turn defensive as lockdown worries resurface 1

Via Reuters

By Amal S and Sruthi Shankar

(Reuters) – European stocks inched higher on Tuesday, as possible extension of German lockdowns drew investors into defensive sectors such as healthcare and telecoms.

After gaining almost half a percent at the open, the pan-European STOXX 600 index rose just 0.1% by 0938 GMT, while Germany’s DAX and London’s blue-chip index rose 0.2% each.

Gains at the open were fuelled by Asian stocks closing in on all-time highs as investors wagered China’s economic strength would help underpin growth in the region after data confirmed the world’s second-largest economy was one of the few to grow over 2020. [MKTS/GLOB]

However, the prospect of longer lockdowns in Europe kept investors on edge, with German Chancellor Angela Merkel set to agree with regional leaders to extend a lockdown for most shops and schools until mid-February, sources told Reuters.

Defensive sectors that tend to remain immune to economic cycles such as healthcare, telecom and utilities gained the most, while retail stocks took the biggest hit.

“With the extension of lockdowns, Q1 GDP growth will be negative, in Germany and euro area as well,” said Matthias Bausch, senior cross asset strategist at Commerzbank.

“However, the current situation is not the important driver for equity markets. If investors realise that lockdowns might be extended into Q2 or Q3, there is a much bigger risk.”

Tech stocks gained 0.4%, led by Logitech, which jumped 2.5% as it raised its 2021 sales growth and profit outlook for the third time, benefiting from a pandemic-driven boost in demand for work-from-home products and gaming accessories.

UK-listed shares of Rio Tinto was flat despite reporting a 2.4% rise in fourth-quarter iron ore shipments, helped by industrial activity in top consumer China.

Swiss chocolate maker Lindt & Spruengli fell 2.2% after it said organic sales fell 6.1% in 2020, with only a lukewarm improvement in the second half as COVID-19 restrictions and the absence of travel weighed.

Analysts are forecasting a 26.3% decline in fourth-quarter profit for companies listed on the STOXX 600, as per Refinitiv IBES.

Investors were also monitoring the political situation in Italy ahead of a confidence vote in the upper house Senate that could force prime minister Giuseppe Conte to resign.

(Reporting by Amal S and Sruthi Shankar in Bengaluru; Editing by Arun Koyyur)

Continue Reading

Business

FTSE 100 edges up as HSBC, drugmakers gain

Published

on

FTSE 100 edges up as HSBC, drugmakers gain 2

Via Reuters

By Shivani Kumaresan

(Reuters) – British shares inched higher on Tuesday, supported by gains in HSBC and drugmakers, at a time when tighter coronavirus restrictions have raised concerns about the pace of an economic recovery.

The FTSE 100 index was up 0.3% after two consecutive sessions of declines, with HSBC Holdings, up 2.5%, giving the biggest boost to the blue-chip index.

“HSBC is up on Asian growth. UK investors could play on the what the growth is like in China,” said Neil Wilson, chief market analyst at Markets.com.

“We are dealing with a market that is shuffling the cards at the moment in a sense that they had a big run over the last three months and is looking for direction.”

The FTSE 100 tumbled 14.3% in 2020, its worst performance since the 2008 financial crisis and underperforming its European peers by a wide margin, as pandemic-driven lockdowns battered the economy and led to mass layoffs.

British firms called for another 7.6 billion pounds ($10.3 billion) of emergency government help, saying they cannot wait until finance minister Rishi Sunak’s March budget to learn if they will get more pandemic support.

The mid-cap index gained 0.2%, with travel stocks easyJet and Wizz Air Holdings being the top boosts.

Shares of Experian Plc, the world’s largest credit data firm, gained 1.2% after its third-quarter revenue growth exceeded targets, helped by strong U.S. mortgage volumes.

OXO cube maker Premier Foods fell 4.6% despite a 90% jump in the third-quarter online sales, while British fashion group Superdry lost 12.9% after reporting a big drop in sales in the Christmas quarter.

(Reporting by Shivani Kumaresan in Bengaluru; Editing by Subhranshu Sahu and Shailesh Kuber)

Continue Reading

Business

Google backs Indian courier startup Dunzo in $40 million fundraising

Published

on

Google backs Indian courier startup Dunzo in $40 million fundraising 3

Via Reuters

BENGALURU (Reuters) – Indian hyperlocal courier startup Dunzo has raised $40 million from existing investor Google and others, it said on Tuesday, after seeing a surge in usage during the COVID-19 pandemic.

As many Indians stayed indoors for much of 2020 because of the health crisis, Dunzo and food-delivery apps Zomato and Swiggy recorded a fresh surge in popularity. Naspers-backed Swiggy also runs a hyperlocal courier service.

“This capital stems from a year of robust growth amidst the pandemic,” Dunzo said in a statement. “As cities reopen, (Dunzo) continues to see strong growth across user segments.”

Besides Google, Lightbox, Evolvence, Hana Financial Investment, LGT Lightstone Aspada and Alteria also participated in the fundraising round, the Bengaluru-based company added.

Dunzo allows users to order groceries and other essential items from nearby stores as well as run pick-up and drop errands within the eight cities it operates in.

“As merchants go digital, Dunzo is helping small businesses in their digital transformation journey,” said Caesar Sengupta, vice president at Google, which has set aside $10 billion for digital investments in India over five to seven years.

(Reporting by Sachin Ravikumar in Bengaluru; Editing by Shinjini Ganguli)

Continue Reading
Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.

Call For Entries

Global Banking and Finance Review Awards Nominations 2021
2021 Awards now open. Click Here to Nominate

Latest Articles

European stocks turn defensive as lockdown worries resurface 4 European stocks turn defensive as lockdown worries resurface 5
Business2 mins ago

European stocks turn defensive as lockdown worries resurface

Via Reuters By Amal S and Sruthi Shankar (Reuters) – European stocks inched higher on Tuesday, as possible extension of...

FTSE 100 edges up as HSBC, drugmakers gain 6 FTSE 100 edges up as HSBC, drugmakers gain 7
Business9 mins ago

FTSE 100 edges up as HSBC, drugmakers gain

Via Reuters By Shivani Kumaresan (Reuters) – British shares inched higher on Tuesday, supported by gains in HSBC and drugmakers,...

Google backs Indian courier startup Dunzo in $40 million fundraising 8 Google backs Indian courier startup Dunzo in $40 million fundraising 9
Business10 mins ago

Google backs Indian courier startup Dunzo in $40 million fundraising

Via Reuters BENGALURU (Reuters) – Indian hyperlocal courier startup Dunzo has raised $40 million from existing investor Google and others,...

Bankers call for 'hybrid' shares to plug COVID corporate capital gap 10 Bankers call for 'hybrid' shares to plug COVID corporate capital gap 11
Business14 mins ago

Bankers call for ‘hybrid’ shares to plug COVID corporate capital gap

Via Reuters LONDON (Reuters) – European companies hit by COVID-19 could issue “hybrid” shares to plug a predicted capital gap...

Bank of England sets out interim 'bail-in' debt targets for banks 12 Bank of England sets out interim 'bail-in' debt targets for banks 13
Business43 mins ago

Bank of England sets out interim ‘bail-in’ debt targets for banks

via Reuters LONDON (Reuters) – The Bank of England on Tuesday set out interim levels of special debt that banks...

British firms call for immediate $10.3 billion in COVID aid 14 British firms call for immediate $10.3 billion in COVID aid 15
Business47 mins ago

British firms call for immediate $10.3 billion in COVID aid

via Reuters By William Schomberg LONDON (Reuters) – British firms called on Tuesday for another 7.6 billion pounds ($10.3 billion)...

BOJ's policy review may make ETF buying more flexible - Reuters poll 16 BOJ's policy review may make ETF buying more flexible - Reuters poll 17
Business50 mins ago

BOJ’s policy review may make ETF buying more flexible – Reuters poll

via Reuters   By Kaori Kaneko TOKYO (Reuters) – The Bank of Japan will likely focus on measures to make...

Trends influencing the 2020 data storage landscape includeAI, mass adoption of hybrid cloud, object storage at the edge, and cybersecurity Trends influencing the 2020 data storage landscape includeAI, mass adoption of hybrid cloud, object storage at the edge, and cybersecurity
Technology4 hours ago

Holding Cloud To Account, How Cloud Adds Up In Financial Services

By Dom Poloniecki, General Manager, Western Europe and Sub-Saharan Africa at Nutanix Cloud computing and the deployment of increasingly cloud-native...

What’s in store for Financial Services in 2021? 18 What’s in store for Financial Services in 2021? 19
Finance4 hours ago

What’s in store for Financial Services in 2021?

By Miroslava Betinova, Head of Strategic Sales at PPS If there is anything that 2020 taught us, it is the...

Iron Mountain 2021 Outlook 20 Iron Mountain 2021 Outlook 21
Top Stories5 hours ago

Iron Mountain 2021 Outlook

By Stuart Bernard, VP of Digital Solutions at Iron Mountain The Covid-19 pandemic is continuing to rewrite the rules governing...

Newsletters with Secrets & Analysis. Subscribe Now