Thomson Reuters' AI Audit, Xero JAX & The 2029 E-Invoicing Mandate
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Thomson Reuters' AI Audit, Xero JAX & The 2029 E-Invoicing Mandate
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This week on Digi-Tools in Accrual World, John Toon joins Indi from Las Vegas to unpack a massive week in accounting tech.
We cover Thomson Reuters' major move to integrate their PPC methodology with AI audit partners like Trullion and Fieldguide. We also break down Xero's two biggest announcements: the "JAX" powered automated bank reconciliation that learns from your history, and a complete overhaul of the dashboard into a "financial command center".
Plus, we discuss the confirmation of a "soft landing" for MTD for Income Tax penalties and the UK Budget’s surprise announcement mandating B2B e-invoicing by 2029.
0:00 Welcome to Digi-Tools in Accrual World!
App News 02:49 Thomson Reuters Integrates PPC Methodology with AI Audit Partners 06:50 Xero Rolling Out JAX-Powered Bank Reconciliation 11:00 New Xero Homepage Dashboard Launched 16:03 Xero Celebrates Ecosystem Innovation with November Updates 17:34 MTD Penalty Soft Landing Confirmed 21:43 Budget 2025 Mandates E-Invoicing by 2029
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