The Accounting Podcast | A rundown of QuickBooks Online news from #QBConnect

A rundown of QuickBooks Online news from #QBConnect

November 12, 2019 / 33:50/E129

We're recording at QuickBooks Connect 2019 in San Jose with David DiNardo, owner of ENVOLTA Inc (one of the fastest-growing cloud accounting firms in Canada), and Valerie Heckman of Intuit. Join us for an episode jam-packed with the latest QuickBooks Online product updates announced at #QBConnect, as well as lots more accounting and bookkeeping technology news!

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Show Notes

00:45 – Meet Valerie!
01:44 – Meet David!
02:09 – Live fast, cloud-account hard! David’s firm, ENVOLTA, has hit Hubdoc’s Top 50 North American Cloud Accountants and The Ottawa Business Journal’s Fastest-Growing Companies list multiple times! | Ottawa Business Journal
03:00 – Breaking news! The world does not stop when we attend accounting conferences!
03:47 – News from QuickBooks Connect! | Accounting Today
07:08 – Like a spell-checker, only for accounting processes - one new QB feature, Bookkeeping Review, helps you find, and correct errors, with customization options for each client
08:52 – Bookkeeping Review gives users almost real-time accounting, and eliminates a lot of year-end close headaches, especially around tax
10:26 – What makes QuickBooks's Business Performance Overview tool outperform similar tools from competitors?
12:39 – Benchmarking tools are splendid, but how do you know the data is solid?
15:35 – Using powerful review and benchmarking tools provides a solid foundation for effective advisory
17:29 – How do we build, a bigger, better Cadillac of accounting tools?
18:34 – Will too many apps spoil the tech stack? | Financial Times
21:44 – When FASB speaks, accounting apps, like LeaseQuery run with it! | Business Wire
23:14 – Bankifi is throwing down the Banking-as-a-Service gauntlet | Forbes
27:11 – Is another tax software company getting ready to bite the dust?
28:37 – The MyPayrollHR dominoes keep falling – Cachet ceases accepting ACH deposits for payroll | Cachet Financial Services
29:57 – Cachet’s decision leaves companies, like Vermont-based PayData, holding the bag | VTDigger
32:15 – CYA with insurance – the best way to protect yourself and your firm when you’re stuck in the tangled web of apps and services
33:02 – David DiNardo's parting wisdom: accounting and bookkeeping firms should go social! Not only is it good for marketing, but it's an excellent way to network and stay on top of what's going on!

Connect with David and Valerie

David DiNardo:
- LinkedIn: https://www.linkedin.com/in/david-dinardo-mba-42344599/
- Website: https://envolta.ca/
Valerie Heckman:
- LinkedIn: https://www.linkedin.com/in/valerieheckman/
- Twitter: https://twitter.com/vheckman

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.

Meet Blake and David in person!