06/16/16 Avalara’s TrustFile for Accountants

06/16/16 QBOchat

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QBOchat
Thu, Jun 16 2016 20:15:30

06/16/16 QBOchat

Avalara’s TrustFile for Accountants

  1. Welcome everyone to #QBOchat. Please introduce yourselves to the group -> Name, location & name of biz. #QBOchat
  2. #QBOchat is a weekly tweetchat about QuickBooks Online, the best in class accounting platform for #smallbiz #QBOchat
  3. @QBOchat Hey there #QBOchat! Natalie here with Expensify, ready for another awesome Thursday afternoon with you all. #QBOchat
  4. My neighbor is celebrating the start of #QBOchat! Random fireworks going off. ๐Ÿ™‚ #QBOchat
  5. Each week #QBOchat has a topic to guide our conversation. We’ll start posting questions at 3:10PM ET/12:10PM PT. #QBOchat
  6. Today we’ll be learning about @avalara‘s TrustFile sales tax reporting and their Accountant program. #QBOChat
  7. Greetings to #QBOChat from Brent Blackburn here in Utah, owner of Biz Books Cloud LLC #QBOchat
  8. Cathy Iconis, CPA – #QuickBooks Online Expert Accountant (dork) in Atlanta, GA #QBOchat
  9. Victoria from VRC Consulting in SF Bay Area here! #QBOchat
  10. Hi all- Sarah with Aero here chatting from a cloudy and cool SF Bay Area! #QBOchat
  11. Valerie, Product Specialist from Intuit, tweeting from Chicago suburbs. Happy Thursday! #QBOchat
  12. Alice from Management Accounting and Payroll Solutions in West Palm Beach FL! #qbochat
  13. Ufuoma from Goshen Bookkeeping & Consulting, LLC in Atlanta, GA. How is everyone doing today? #qbochat
  14. Kim Austin, National BDM @IntuitAccts, Channeling my inner orange here in Palm Springs for today’s @avalara #QBOChat takeover! ๐Ÿ™‚
  15. #qbochat Hi Sharon from QBO Pro tweeting from the SFO airport going back to Cleveland !
  16. Its an @avalara day for me today! Working on an API integration for a @MethodCRM client today> #QBOchat
  17. @CathyIconis long time listener, first time caller at #QBOchat I’m excited to be a part of this plan ๐Ÿ™‚
  18. @QBOPro Safe travels! Not sure if I can say this, but Go Cavs! #QBOchat
  19. We invite all types of @QuickBooks users – #smallbiz, accountants, developers, and more to join our #QBOchat. #QBOchat
  20. Hey #QBOchat ‘rs David Leary | Small Business Ecosystem Evangelist | Intuit Developer Group | Tucson, AZ #QBOchat
  21. Keep the intros going while we do a little #SponsorShoutout time! We <3 our sponsors!! #QBOchat
  22. from a company based in SF!? RT @expensify @QBOPro Safe travels! Not sure if I can say this, but Go Cavs! #QBOchat
  23. @davidleary good to have your company and looking forward to your feedback on #TrustFile #QBOchat
  24. @vrcqbpro @QBOPro @AeroWorkflow shhh! no RT allowed. We have a solid Ohio crew in the SF HQ. #QBOchat
  25. Yes! That’s Dr. Teeth! He loves sales tax automation! RT @QBOPro @vheckman @QBOchat @avalara is that your kitty? Too cute ! #QBOchat
  26. @QBOPro Aren’t you supposed to to be in Council. Don’t need to hear about your Cavs. #QBOchat
  27. The first question is right around the corner, remember to use A1, A2, etc when answering a question. #QBOchat
  28. @QBOchat even my home-office uniform has @avalara Orange (not to mention @AustinNexus' office coffee table? #qbochat https://t.co/zqX6yC1Zsd

    @QBOchat even my home-office uniform has @avalara Orange (not to mention @AustinNexus‘ office coffee table? #qbochat pic.twitter.com/zqX6yC1Zsd
  29. I’m jealous of all the current council members. I hope you all had a blast the past few days with @IntuitAccts #QBOchat
  30. Q1: Would you take on sales tax returns filing if you could use a software that made it easy? #QBOchat
  31. @QBOchat A1: I think everyone wants to stay away from sales tax and points to the other consultant to help the client. #QBOchat
  32. A1: @avalara‘s TrustFile for Accountants lets you manage all client returns from one centralized screen. #QBOchat
  33. I’ve been getting inside scoop from my 2 firms on this year – Wish I could be a fly on the wall! #QBOChat  https://twitter.com/CathyIconis/status/743521164467777536 โ€ฆ
  34. @QBOchat A1: We do sales tax returns for a few clients, but not much. #QBOchat
  35. @vrcqbpro @QBOchat regarding your A1: is it the complexity of sales tax or the profitability of compliance work #qbochat
  36. A1: Some state taxes are less complicated than others so having a software do the heavy lifting helps. #qbochat
  37. A1: Why wouldn’t you? It’s one more value you can provide your clients to make you more “sticky”…& @avalara will do the work! #QBOChat
  38. more not my business model – I don’t do very much CAS work, more consulting. RT @B_Houkegarding your A1: #QBOchat
  39. @QBOchat @avalara And we’re super-excited to be sharing this with #QBOchat today!
  40. I still have issues clearly defining if something is taxable or not. That always seems to be the first pain point. #QBOchat
  41. Tell Mark I said Hi! RT @davidleary @AeroWorkflow I’m on phone w/ Mark right now ๐Ÿ™‚ #QBOchat
  42. A1: @avalara‘s TrustFile for Accountants can be used with any ecommerce or accounting program. #QBOchat
  43. RE A1: @goshbookkeeping do you use software for payroll compliance today as well? #qbochat
  44. Right – I hate that part! RT @CathyIconis I still have issues clearly defining if something is taxable or not. #QBOchat
  45. @vrcqbpro And that is the part where I feel like no one wants to take the ball. I’d love to offload that to someone else. #QBOchat
  46. A1: In @avalara‘s TrustFile for Accountants, data from any platform can be imported in CSV form. #QBOchat
  47. @CathyIconis @QBOchat TrustFile for Accountants is right in the pocket for helping a few clients, or many… #QBOchat
  48. I really intrigued to learn more about TrustFile though! #QBOchat
  49. That’s EXACTLY why firms should use @avalara – you don’t have to know all the ins & outs of it, the SW does #QBOChat  https://twitter.com/CathyIconis/status/743522223529594881 โ€ฆ
  50. I use IOP4A and my checklist of federal and state laws to make sure my client’s payroll are complying with all laws. @B_Houk #qbochat
  51. A1 I already do them for several clients, but they are one state, very simple #QBOchat
  52. @vrcqbpro that’s great! We are super excited about #TrustFile. Besides today’s #qbochat I can set up time to go over it with you directly
  53. @Kimtuitive – I think we still have to help clients figure out which items are taxable or not. #QBOchat
  54. @BizBooksCloud How long does it usually take you to file the returns each month? #QBOchat
  55. RT @vrcqbpro @Kimtuitive – I think we still have to help clients figure out which items are taxable or not. #QBOchat
  56. @vrcqbpro I would love to be able to pick up the phone, tell a rep some of the details, and they provide me with an answer. #QBOchat
  57. How does the software know the difference in the items the client is using #QBOchat
  58. A1: Depends on the state. I have some online clients with a bunch of states that I point to @avalara #QBOChat
  59. Doing the bookkeeping right is the hard part, filing is maybe 15 min per client RT @CathyIconis How long does it take you to file #QBOchat
  60. Q2: When preparing sales tax returns what is the most challenging part of the work? #QBOchat
  61. @BizBooksCloud We’re here if your clients move into additional states, or if u want to automate returns for single state filers #QBOchat
  62. @B_Houk @QBOchat @tsheets We are planning on holding a “t-shirt off” to see who has the softest! #QBOchat
  63. Supposedly you can call the state, but I’ve never wanted to rely on the answer I get. #QBOchat
  64. @BizBooksCloud #trustfile is designed for exactly your scenario: filing the taxes for clients after tax is collected #qbochat
  65. @vrcqbpro I’ve had clients get different answers each time they call the state. #QBOchat
  66. @ServelloCPA @avalara Thank you Vincent! We very much appreciate the referrals ๐Ÿ™‚ #QBOchat
  67. @QBOchat A2: See above – determining the taxability of particular items #QBOchat
  68. A cheat sheet or quick guide per state would be awesome for sales tax. #qbochat
  69. That’s what I’m afraid of. RT @CathyIconis @vrcqbpro I’ve had clients get different answers each time they call the state. #QBOchat
  70. @vrcqbpro what about plants? fruits, veg, and herbs are non-taxable, ornamental plants are. Is a Nasturtium (edible) taxable? #QBOchat
  71. @CathyIconis @B_Houk @QBOchat @tsheets Hahah, I was hoping no one would take it there! Leave it to Cathy ๐Ÿ™‚ #QBOchat
  72. @QBOchat A2: Prior period changes always screw me up with sales tax!! #QBOchat
  73. @vrcqbpro We hear that alot – & that’s another core benefit of using an automated solution #QBOchat
  74. A2: @avalara TrustFile will break down the sales tax collected by state & local tax jurisdiction. #QBOchat
  75. @ServelloCPA Send us a DM with your address & shirt size. We will hook you up! #QBOchat
  76. I just find this hard to maintain w/ state changes RT @goshbookkeeping A cheat sheet…per state would be awesome for sales tax. #QBOchat
  77. @QBOchat A2: – staying on top of rate changes is one of the many things I think @avalara sines at #QBOchat
  78. RT @vrcqbpro @QBOchat A2: – staying on top of rate changes is one of the many things I think @avalara sines at #QBOchat
  79. @Kimtuitive @avalara TrustFile for Accountants pricing starts at $20 per sales tax return #QBOchat #valuepricing
  80. had a client get mad at me because I didn’t know about rate change they were notified about RT @vrcqbpro what about rate changes? #QBOchat
  81. A2: Imagine a life with no more spreadsheets to prepare returns! No more passwords to manage for each state DOR! #QBOchat
  82. RT @QBOchat A2: Imagine a life with no more spreadsheets to prepare returns! No more passwords to manage for each state DOR! #QBOchat
  83. RT @QBOchat A2: Imagine a life with no more spreadsheets to prepare returns! No more passwords to manage for each state DOR! #QBOchat
  84. @AustinNexus @avalara because we know how much Accountants LOVE spending time on #SalesTax ๐Ÿ˜‰ – such a #ValuePricing no-brainer! #QBOChat
  85. RT @Kimtuitive @avalara because we know how much Accountants LOVE spending time on #SalesTax ๐Ÿ˜‰ – such a #ValuePricing no-brainer! #QBOchat
  86. @AustinNexus @vheckman @goshbookkeeping Ha! It says “this month’s tax rates”. That is the problem with sales tax! #QBOchat
  87. That’s what @avalara does best! Keeps track of the 11,000+ changing jurisdictions at the roof-top level! #QBOChat  https://twitter.com/vrcqbpro/status/743524388595732480 โ€ฆ
  88. I was just about to say the same! RT @CathyIconis Ha! It says “this month’s tax rates”. That is the problem with sales tax! #QBOchat
  89. Q3: How do you deal with clients whose businesses are out of compliance? #QBOchat
  90. @tsheets Does this mean we have our official tshirt softness judge? @ServelloCPA can you handle the pressure? #QBOchat
  91. @QBOchat A3: First thing is to try to get them back on track. #QBOchat
  92. A3: Gotta evaluate risk exposure and hopefully the state has a VDA window! #Nopenalties #QBOChat
  93. @QBOchat A3: And that usually involves a lot of research and advil. #QBOchat
  94. A3: And they call @avalara to get them IN compliance! Automating the #SalesTax process is the only way to know for sure they are! #QBOChat
  95. A3 Just did 3 quarters of filing for client who had no clue, changed a $12K bill into a $45 bill and all penalties were forgiven #QBOchat
  96. @ServelloCPA Great point about Voluntary Disclosure Agreement (VDA) – it’s only really an option if you catch it before the state! #qbochat
  97. State was billing for estimated taxes, I changed them to the truth RT @CathyIconis @BizBooksCloud How did you do that? #QBOchat
  98. Great question! RT: Q3: How do you deal with clients whose businesses are out of compliance? #QBOchat
  99. @BizBooksCloud Award for sales tax savior of the month to these folks #qbochat how are you helping the client stay compliant going forward?
  100. @B_Houk It is a small startup, I just make sure their invoices are done right and file for them on state website #QBOchat
  101. @BizBooksCloud @B_Houk Clients still figure out how to invoice a customer and forget to include sales on there. #QBOchat
  102. Had another small client who owed an extra $1300, she wasn’t happy about the bill, but glad to get it done right #QBOchat
  103. Q4: Do you think sales tax compliance can become a marketable/profitable part of your business? #QBOchat
  104. #qbochat go to go, plane taking off . Have a great week all!
  105. You too! RT @QBOPro #qbochat go to go, plane taking off . Have a great week all! #QBOchat
  106. @QBOPro Safe travels. I will be rooting for your team tonight! #QBOchat
  107. A4 Until this moment, I had never really thought about it, but desperation and frustration are great opportunities to jump in ๐Ÿ™‚ #QBOchat
  108. @QBOchat A4: Not mine, probably, but I can see this being a great service for a lot of firms. #QBOchat
  109. A4: Absolutely! Just ask @PeisnerJohnson – they’ve built a whole practice around #SalesTax Consulting #QBOChat
  110. A4: Be the one-stop provider whether your firm has two clients or two hundred with @avalara‘s TrustFile for Accountants. #QBOchat
  111. @BizBooksCloud if you are filing returns today, it’s worth 10 minutes to set up a client and try @avalara #trustfile #qbochat
  112. @QBOchat A4 It’s a big opportunity to partner w/consulting & automation professionals to help your clients and build your practice #QBOchat
  113. @Kimtuitive @PeisnerJohnson it’s a definitely growing area for specialization in SALT consulting or compliance automation ๐Ÿ™‚ #qbochat
  114. I love all the ecommerce integrations @avalara. Being able to Import sales data from a variety of sources painlessly is huge! #QBOchat
  115. @vrcqbpro I don’t care what you call it as long as it’s helpful ๐Ÿ˜‰ #qbochat
  116. @vrcqbpro @QBOchat And…we’ll look at rebranding to “TrustKeeper” ๐Ÿ™‚ #QBOchat
  117. Q5: What interests you in checking out Avalara’s Trustfile? #QBOchat
  118. Ha! RT @AustinNexus @vrcqbpro @QBOchat And…we’ll look at rebranding to “TrustKeeper” ๐Ÿ™‚ #QBOchat
  119. @Capnofindustry @tsheets If we are the reason the tshirt games are being upped, we are proud! You deserve the best ๐Ÿ™‚ #QBOchat
  120. A5: If you would like to be an early adopter, create an account for free and try it today:  https://app.trustfile.avalara.com/#/signup/accountant โ€ฆ #QBOchat
  121. @QBOchat A5 A benefit of QBO– able to have clients ANYWHERE! Can be hard to manage sales tax for 1, let alone 50. Enter TrustFile! #QBOchat
  122. 1 state, let alone 50* I rant out of characters ๐Ÿ˜‰ #QBOchat
  123. @QBOchat We would love to get input on TrustFile for Accountants from #QBOchat members!
  124. A5: Or register for one of our Launchcasts where you can see a live demo and participate in a Q&A session.  http://www.trustfile.avalara.com/launch  #QBOchat
  125. A5 So many deadlines, it is impossible to keep track #QBOchat
  126. Their Integration partner or “Connector” list is more comprehensive than any software I’ve ever seen! #QBOChat  https://twitter.com/vheckman/status/743530045109583872 โ€ฆ
  127. Is this new? or Have i Missed it? RT @AustinNexus We would love to get input on TrustFile for Accountants from #QBOchat members! #QBOchat
  128. @BizBooksCloud I would love to hear your feedback on #TrustFile client dashboard – we designed it to help this very thing! #qbochat
  129. RT @Kimtuitive Their Integration partner or “Connector” list is more comprehensive than any software I’ve ever seen! #QBOChat
  130. @BizBooksCloud Over 12,000 taxing jurisdictions nationwide – very hard for multi-state clients to be/stay in compliance #QBOchat
  131. Just a few minutes left for this week’s #QBOchat. What is your favorite take away? #QBOchat
  132. @vrcqbpro TF for Accountants is brand-spanking new. We are “pre-launch”, so excited to get your input on the product! #QBOchat
  133. @ServelloCPA we have reps who cover New England, happy to connect you #QBOchat
  134. @QBOchat thanks for another great Thursday! I will be chatting from Portland next week. Have a great day. #QBOchat
  135. @AustinNexus – awesome! Will definitely sign up for a Webinar. I’d love to get more details #QBOchat
  136. Next week we’ll be discussing Invoicing in QuickBooks Online. #QBOchat
  137. That’s it for this week’s #QBOChat, thanks for taking the time to tweet with us! #QBOchat
  138. One of my favorite things about #QBO ! RT @QBOchat Next week we’ll be discussing Invoicing in QuickBooks Online. #QBOchat
  139. Can’t wait! ๐Ÿ™‚ RT @QBOchat Next week we’ll be discussing Invoicing in QuickBooks Online. #QBOchat
  140. @vrcqbpro Thanks so much Victoria! We’ll be glad to show you around and answer any questions…and we really do want your input! #QBOchat

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#QBOchat began in July 2013 with the simple idea to host a weekly Twitter conversation around QuickBooks Online (QBO). We have since grown into a very strong community comprised of a diverse group of users. Our weekly tweet chat is held each Thursday at 3:00PM Eastern. The discussions cover a wide range of topics including QBOโ€™s latest features and updates, business operation tips and apps that integrate with QBO, to name just a few.

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