Volume X | December, 2022
LATE FALL NEWSLETTER
  • Right Networks Price Increase
  • Bill (previously Bill.com) Price Increase
  • Red and Green Interview Flags
  • New Pay Transparency Guidelines and Regulations
  • Payroll Direct Deposit Phishing Scams
RIGHT NETWORKS PRICE INCREASE EFFECTIVE JANUARY 2023
Right Networks notified us on December 1, 2022 that there will be a price increase effective January 2023. We just experienced a price increase in May of 2022 and Right Networks is stating that there will not be another price adjustment in 2023. Of course, there is a list of Efficiency and Usability Improvements in 2022 as well as Application Updates and significant investments in Enhanced Security. Below is a link to read more FAQ about this Price Increase.

The price increases stated on the link below are the prices they charge to Direct Customers. My clients are on the QuickBooks Business Cloud and you benefit from the discounts that I receive as an "Administrator" offering space on my platform. As you can see, the retail price for Direct Customers is currently $73.99 and is scheduled to increase by $6.01 to $80.00. The rate you currently pay for the Right Networks Cloud access is $69.75 and that will increase to $76.00 on the January 10th billing.

New Recurring Authorization Agreements will be going out next week. The new agreement will contain an additional agreement that annual price increases will be automatic when the provider platform passes these adjustments on to CLN. You will be notified of any increases, but you will not be required to sign additional agreements after this one.

BILL (PREVIOUSLY BILL.COM) PRICE INCREASE EFFECTIVE JANUARY 2023
Bill (previously known as Bill.com and rebranded in October) will be increasing some of their pricing structure with the January 2023 billing. Prices are to increase for Entity, User and Transaction fees. For my clients using Bill you will see the increased rates on your January invoice.

RED AND GREEN INTERVIEW FLAGS!
Fisher Phillips is a national attorney firm specializing in workforce management and "is constantly evolving to meet the needs of the modern employer." I receive a weekly newsletter that focuses on current and new employer pitfalls and upcoming issues for awareness. The attached link takes you to a blog about some evolving situations during interviews with potential employees. While the "Green Flag" questions take things to a different level and small business owners may not feel that they can relate, those "Red Flag" questions are straight out of a small business owner's playbook for those interviews. Enjoy!
NEW PAY TRANSPARENCY GUIDELINES AND REGULATIONS
Taken directly from the November "The General Ledger" newsletter from the American Institute of Public Bookkeepers:

"Is "pay transparency" coming to your state?
Many employers see the state-by-state growth of these laws as a nightmare.
Pay transparency has two key elements: First, allowing employees to freely discuss their pay without fear of retaliation from their employer and, second, telling job candidates the full range of what your firm pays for that job. In some states employers are required to reveal the pay range; in other states, employers must reveal the pay range only if the candidate asks."

If you google pay transparency you can click on various links to review the information provided by the U.S. Department of Labor and while it hasn't hit Georgia or Tennessee yet, there are between 17-22 states that have currently adopted some version of the pay transparency regulations including and up to monthly EEO reporting to the state. I am providing a fact sheet provided by the U.S. Department of Labor if you are interested in learning more about one of the newer regulations being required by state governing Department of Labor.

Direct Deposit Fraud

Saturating Businesses!
A scam which utilizes various forms of Phishing Attacks is rampant and affecting employers nationwide. There is no shortage of information on this attack with a google search. It is believed that these Payroll Direct Deposit Phishing Attacks are possibly originating outside the United States and are definitely being initiated by tech-savvy criminals. Here is a link that also shares some precautions you can implement to avoid this scam.
Unlocking the Power of QuickBooks!
Cheryl Nance
CLN CONSULTING ASSOCIATES, LLC
You can always access prior newsletters and various forms on the Resources & FAQ page of our website.


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