What we know so far about QuickBooks Live, Intuit’s “test” of assisted bookkeeping services; FreshBooks adds double entry accounting; KPMG UK gives up on SMB accounting; and more

Show Notes This episode is sponsored by Veem , the easiest way to send money internationally. Sign up today and earn 10,000 VeemBack points on your first* transaction. *Restrictions apply. Visit the Veem website for details. Offer limited to one reward per account. Offer only applies to international payments, and only on standard exchange rates. USD to USD cross border payments are excluded. Qualifying payments must be $1000 USD or more. VeemBack Points will be added to qualifying accounts by April 19th, 2019. Terms and conditions subject to change at Veem’s discretion. Offer only good for US customers who have never sent a payment. This offer can not be combined with other offers. Offer Valid thru April 1st, 2019 23:59 PST. Bookkeeping is Dead: How Intuit Will Kill It for Good — Blake Oliver — 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. Intuit is testing potential bookkeeping — AltAccountant Podcast — With Intuit/QuickBooks (and other software companies) testing the demand for bookkeeping services built-in the subscription.... some interesting questions to think about. What if the need for manual bookkeeping was replaced by software company? What would your business look like if you had to provide valuable services and “bookkeeping” as we know it ceased to exist? Is Intuit® Building the 'H&R Block®' of Bookkeeping? — Insightful Accountant — Joe Woodard provides his personal perspective and recommendations for bookkeepers on the QBO-Attached Bookkeeping Service Intuit is considering offering its users. inDinero Acquires mAccounting in Move to Transform the Outsourced Accounting Industry — PRWeb — inDinero, leading accounting and tax software for growth businesses, acquired outsourced accounting and tax firm mAccounting to fuel their next phase of growth. FreshBooks matures accounting offering — Enterprise Times — FreshBooks has started the year with several update, including the introduction of double entry accounting and bank reconciliation. KPMG shutters small business accounting unit — AccountingWEB — KPMG has confirmed that it will close its small business accounting venture after just five years in the market. American Express and Bill.com Introduce Vendor Pay — Bill.com — American Express and Bill.com announced a strategic partnership with a new offering: American Express “Vendor Pay” by Bill.com. Get in Touch Thanks for listening! Let us know what you think on Twitter. Follow and tweet @BlakeTOliver and @DavidLeary . Also, to make sure you don’t miss any Cloud Accounting Podcast news, please like our Facebook page ! Subscribe Apple Podcasts Google Play Stitcher Spotify PocketCasts Overcast Player.fm