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Will Jim’s Pay Plans Cause an Aftershock for Afterpay?

quickfee-payment plan-jim's group-announcement-buy now pay later

‘Buy Now Pay Later’ (BNPL) services are becoming more and more popular with consumers and businesses across Australia. There are the big ones – like Afterpay and Zip Pay – but Australian company QuickFee is working to grow their presence and stand out in the market.

Since 2009, QuickFee has focused on providing financial services, such as BNPL schemes, to professional firms like lawyers and bookkeepers.  And they’ve been successful – boasting on their website that “more than 65% of the top 100 accounting firms and many legal firms” use QuickFee’s services.

Their recent partnership with Jim’s Financial Services is continuing this trend, and the institution of a Buy Now Pay Later service for Jim’s Group franchisees could mean that Jim’s Bookkeeping will have an Afterpay option for its clients.  But what will this look like?

Continue reading Will Jim’s Pay Plans Cause an Aftershock for Afterpay?
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Sales Tax Simplified With Xero’s TaxJar Integration

Learn How Xero Advanced Certificate Course with EzyLearn Online Courses logo - Taxjar is a Xero integration

Sales tax might not be high on the list of concerns for Aussie businesses since the introduction of the GST in 2000, but if you’re selling to the US it’s a whole different story. 

The US doesn’t have a GST, so each state (and sometimes locality) has its own sales tax rate – which makes it difficult for online businesses to keep track of what they owe and when its due. 

Whilst Xero organises all your e-commerce sales and transactions into an accounting system, it doesn’t account for how much of your income is money collected from your buyers as sales tax – which is money you must remit to the government. 

Continue reading Sales Tax Simplified With Xero’s TaxJar Integration
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16 Apps to Customise Hubspot But Xero Gets the Worst Rating

16 featured Apps in HubSpot Ecosystem and Xero Accounting has lowest rating - Xero Certificate Training Courses for Small Business Owners and Accountants - EzyLearn

HubSpot is a marketing system and CRM built for the modern day content marketing professional. Like most cloud-based services they have their own app store (they call it an ecosystem) and Xero recently boasted about being one of a select group of 16 promoted by Hubspot. They didn’t fair so well though.

Continue reading 16 Apps to Customise Hubspot But Xero Gets the Worst Rating
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Finally, Xero Acquires an Inventory Management Software Add-on in the US

Xero Inventory Management and Workflow automation purchase Locate Inventory - Learn how to use Xero - Certificate in Xero online training courses - EzyLearn

Xero Accounting software offers inventory management features in their standard software but it has never been spectacular for companies where solid inventory management matters.

I saw that first hand when I was speaking with the owner of a Boating Sales, Repair and Retail business. That business ended up migrating AWAY from Xero and started using QuickBooks Online instead. This changes everything.

Continue reading Finally, Xero Acquires an Inventory Management Software Add-on in the US
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Xero Me – the App That Prepares Xero Users for Planday Acquisition

Xero Me App Screens - Employees can request leave, submit expense claims and view payslips - Best Xero Online Training Courses - EzyLearn

In June 2021 I announced a new Workforce Management Cast Study in development. In their most recent annual report to shareholders Xero announced the acquisition of yet another “integration” that sets it up to become the Sage of Small Business Accounting.

Sage and other ERM’s work on the basis of modules that provide a specific functionality but until now it was only really relevant for the big end of town. Now Xero will capture revenue from several apps rather than charge one price that includes everything. It’s going back to the days of Attache!

Continue reading Xero Me – the App That Prepares Xero Users for Planday Acquisition
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Xero Verify or Google Authenticator?

Xero Verify, Xero Authenticator or Google Authenticator - Online Xero Certificate Training Courses for job seekers, business owners and accountants- EzyLearn

I spend a lot of time around website admin areas and online software so I’ve had to authenticate myself using Multi-Factor Authentication for several different online services and choose Google Authenticator.

Xero has recently announced their own Xero Verify app and although I would never use Xero as my authentication software I wanted to check it out and see how good it is. Turns out it’s not so good.

Continue reading Xero Verify or Google Authenticator?
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Telstra is pimping MYOB Essentials with 3 months FREE. MYOB is pimping a page out of George Orwell’s 1984

MYOB partnered with Bunnings to give tradies Smart Receipts and now they’re partnering with Telstra to give business phone customers 3 months free use of MYOB Essentials.

Telstra use the terms Essentials a LOT in their marketing for mobile phones, websites and now MYOB Essentials. Here’s what their offer looks like.

Continue reading Telstra is pimping MYOB Essentials with 3 months FREE. MYOB is pimping a page out of George Orwell’s 1984
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This is Why Businesses Love Cloud Accounting and not MYOB AccountRight so much

Network setup for multiple users on your network using MYOB AccountRight Multi-user - MasterClass in MYOB AccountRightand MYOB Essentials - EzyLearn

If you have worked in an office you know how frustrating IT issues are. If you are now working from home you know how frustrating IT support issues are. If you have ever experienced an IT support issue installing software (like MYOB AccountRight) you know how frustrating IT issues are.

We stumbled upon the technical support help page for MYOB AccountRight and all remembered why we LOVE online accounting programs like Xero, QuickBooks Online and MYOB Essentials!

Attn: We’ve just BUNDLED all the MYOB AccountRight BEGINNERS Certificate Courses together for those students looking for junior accounts and general office support and admin jobs.

Continue reading This is Why Businesses Love Cloud Accounting and not MYOB AccountRight so much
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Attn: New Advanced Excel Certificate Course topics

Microsoft Excel Advanced Certificate Training Course - New Get and Transform Dataset and Power Query Training - EzyLearn Online

We’ve added some new training materials in the Advanced Excel course relating to getting and transforming data and using the Power Query. It’s very relevant in our current data driven environment where we have many sources of data that we need to make sense of. Employers are looking for good staff with Microsoft Excel Advanced Certificate skills. 

Power Query enables you to query large datasets from multiple sources and derive meaningful information and insights. Turn Excel into a Business Intelligence system or data analysis tool for research data! This NEW Excel Advanced Training Course material is available for FREE if you are a current student and for a very low cost if you’ve enrolled into Excel with us in the past. 

Continue reading Attn: New Advanced Excel Certificate Course topics
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Rejected by Afterpay? Xero Marketplace has an alternative

Xero Marketplace for integrated apps - Beginners to Advanced Certificate short online training courses in Xero - EzyLearn

Did you know that Afterpay (and ZipPay) and some other Buy Now Pay Later providers decline sellers? Most Afterpay transactions are centered around the selling of physical products that change ownership from the merchant to the customer. This evidence is enough to bind customers legally, but what happens if you provide professional services like bookkeeping or accounting?

Accountants and Bookkeepers, like many other professional service providers including Lawyers and solicitors charge for their time or defined outcomes (like fixed fees for a certain number of transactions).

Will Afterpay take you on as a client? We’ve heard that many industries are rejected but there are alternatives and Xero’s App Store can help.

Continue reading Rejected by Afterpay? Xero Marketplace has an alternative
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NAB Slyps past Xero Hubdoc to integrate Smart Receipts for Merchants and Customers

NAB, CBA, ANZ and WBC Slyp under Xero to provide smart receipts before Hubdoc gets them - Learn MYOB, Xero, QuickBooks to find accounts jobs - EzyLearn

One of the most publicised recent acquisitions for Xero was Canadian Receipt Capture, Scan and Coding software HubDoc. Rather than send a “bank-like” email informing users that the monthly fee to use Xero was increasing, Xero “sold” the value of the pesky increase of $2 as a saving of $27.50 because they included the Receipt Capture features in the software! That’s smart marketing.

In the meantime, MYOB forged an alliance with Bunnings as every large fintech, accounting and banking organisation tries to get into the Smart Receipt marketing at the source. Here are some of the things that have happened.

Continue reading NAB Slyps past Xero Hubdoc to integrate Smart Receipts for Merchants and Customers
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Xero Status: “Can’t log in to Xero” Caused Global Problems

Issues with Xero login prevents UK users from sending invoice and bookkeepers from working - Online Xero Training Courses EzyLearn Bookkeeping Academy

We’re so used to everything online being available all the time that we don’t think about the risks associated with a website being down. Xero experienced a MASSIVE issue relating to the ability for their users to login and use the software on the 27th July 2021. This meant that

  • Invoices couldn’t be created
  • Pay runs couldn’t be made
  • Accounts Receivable staff couldn’t see if customers had paid
  • Accounting staff couldn’t use Xero for their work

We all take for granted the benefits of having multiple staff logging in at the same time from different locations as well as automatic backups of our information, but this issue lasted from 8:25AM until 7:04PM – that’s 12 hours!

Xero is transparent about any issues and fixes about their software so you can see exactly what happened that day.

Continue reading Xero Status: “Can’t log in to Xero” Caused Global Problems
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MYOB In tray for Receipt Scanning, Capture and Storage

Learn how to upload tax invoices and receipts to MYOB Essentials using MYOB Intray and Capture App - EzyLearn Online Training Courses

MYOB is starting to get their act together providing much desired features in their accounting software.

I’ve written about some of the major receipt scanning programs like Dext/Receipt Bank and Auto Entry in the past and happy to say that we have some new MYOB training course resources in development for our MYOB bank reconciliation Training courses.

Continue reading MYOB In tray for Receipt Scanning, Capture and Storage
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Xero vs GoDaddy Website Hosting Company Accounting Software? Attn: New Minimum Viable Website Service

Xero to re-elect Steven Aldrich as non-executive director - online customer service and receptionist services - Xero online training courses

When you look at the two companies Xero Accounting and GoDaddy hosting companies are very similar. They both provide cloud-based solutions, for a subscription fee and have small businesses as their major clients. They are both in a very good position to provide accounting software for their customers.

One of the Xero Directors sold an accounting software program to GoDaddy in 2012 and at the time TechCrunch reported that Accounting software is a logical service for them to provide to their small business clients. What does it mean for the future though?

Continue reading Xero vs GoDaddy Website Hosting Company Accounting Software? Attn: New Minimum Viable Website Service
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Planday or Plan a Week – Rostering, Attendance and Annual Leave – Xero or not? Attn: New Workforce Management Case Study in Production

Planday purchased by Xero - Workforce Management - Scheduling and Roster online training courses - EzyLearn

Xero is well known for purchasing apps which integrate with it and provide vertical integration. The best known acquisition in recent years is the purchase of Hubdoc for receipt capture. This made Xero compete directly with some of the other companies who’ve been doing this for a while like Dext (formerly Receipt Bank) and AutoEntry. 

Well they’ve done it again in the purchase this year of Planday in Europe for staff rostering, attendance and reporting. But how will they compete with QuickBooks Online and KeyPay?

Continue reading Planday or Plan a Week – Rostering, Attendance and Annual Leave – Xero or not? Attn: New Workforce Management Case Study in Production

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Xero Learn. Xero software offered for $6 per month. Why are businesses paying $60+ NEW: RESUME REVIEW SERVICE

It’s interesting and exciting that Xero now offer their Xero Learn service to training course publishers like EzyLearn for $6 per month. This ongoing access to Xero Accounting software seemed exciting at first but then I realised that it’s just accounting software! AND it’s just for training! AND 30 days is MORE than enough per case study!

Most students don’t want to access Xero accounting software forever. Even business owners don’t really want to pay an ongoing fee for their accounting software – they want something else..

Continue reading Xero Learn. Xero software offered for $6 per month. Why are businesses paying $60+ NEW: RESUME REVIEW SERVICE