Walmart’s top executives are betting big on its Indian payments enterprise PhonePe’s foray into digital ATM business to claim the top spot in the country’s increasingly competitive digital payments market where the global retailer faces stiff competition from peers Google, Amazon, Facebook and Alipay-backed Paytm. The recently-launched digital ATM feature by PhonePe plans to enable […]
Archives for 2020
IIT-M admits e-mail servers are down
IIT Madras has roped in technology services company Microsoft to resolve a server-related dysfunction impacting official e-mails since late Monday evening, said a senior professor aware of the network issue plaguing one of the top engineering and research institutes in the country. In a statement to the press on Wednesday, IIT-Madras said the e-mail sever […]
Partner Pages 2020: Objection! A masterclass in challenge management
Welcome to Partner Pages: a magazine made up of stories from the Xero Partner community, for the Xero partner community and shared as part of Roadshow Australia each year. As any bookkeeper, accountant or BAS agent will agree, part of the job description might as well be ‘expertise in the skill of objection handling’. And no matter […]
Partner Pages 2020: On board with change
By Sheree Willems, Owner, Cloud Kin, Western Australia Welcome to Partner Pages: a magazine made up of stories from the Xero Partner community, for the Xero partner community and shared as part of Roadshow Australia each year. Since saying goodbye to the nine-to-five life, bookkeeper Sheree Willems has been doing things a little differently. Working and living aboard […]
CCI fails to prove e-commerce marketplaces’ exclusive deals with smartphone makers
India’s competition watchdog did not have any material on record to prove that ecommerce marketplaces Amazon and Flipkart entered into exclusive deals with smartphone manufacturers on their platforms, according to a detailed transcript of a court order. The Karnataka High Court had on Friday stayed the Competition Commission of India’s January 13 directive ordering a […]
Get ready: Changes to Australian modern awards coming in March
If you’re an Australian employer, you may be aware that changes are coming to modern awards that will require added compliance. The Fair Work Commission announced its final decision last year amid media stories of employers underpaying workers. The new award requirements take effect 1 March 2020. Many businesses will need to review employment contracts […]
Upgrading the bill payments experience in Xero
Xero’s interface for making batch payments was one of the first to be built on the platform. As good as it was, it was unable to support new payment integrations such as Pay with TransferWise in the UK and needed a refresh. As a result, we have been working to improve bill payments and reduce […]
AICPA requests clarity on Sec. 465 reporting relief
The AICPA has requested that Treasury and the IRS issue a notice clarifying that relief on certain reporting under Sec. 465 will also apply to S corporations. On Dec. 9, 2019, Treasury and the IRS issued Notice 2019-66 to provide — among other relief — a delay in certain reporting under Sec. 465 at-risk activities […]
You’re compatible in every way … except financially. How to deal?
You know you want to be together forever, but if there’s one thing you fight about, it’s money. Maybe you’re a spender and your partner is a saver. Maybe you keep cash in savings accounts while they gravitate toward risky investments. Maybe they want to maintain detailed budgeting spreadsheets, but you’d rather not dedicate the […]
IR35 causing “blockage in the market”
The IR35 reforms enacted by HMRC have disrupted the market due to the April deadline imposed on businesses, leaving them with limited time to adapt according to the software company’s CEO James Poyser. “As a board of directors, IR35 is something we’ve prepared for a long time and modelled it. We have a strategy in […]