CPAs serving small businesses have many demands for their accounting software. Recent updates attempt to meet those demands from the top vendors who all offer phone support.
AccountantsWorld Accounting Power Provides Multiple Data Entry Methods
"There have been many new enhancements added to Accounting Power in 2017, but the most significant improvements include bill payment workflow and digital checks..." said Dr. Chandra Bhansali, co-founder and CEO of AccountantsWorld. The cloudbased system allows the CPA and client to log in to the same application without having to transfer data between incompatible systems.
Red Wing Software CenterPoint Accounting Also Has Farm Accounting
With a full complement of accounting modules Red Wing is probably best known for its payroll. The Red Wing General Ledger provides income statements, cash flows, balance sheets, and budgets. You are able to search, view and edit original source transactions and have the information returned to a spreadsheet style report; useful as an internal or external auditing tool. You are able to drill down from summarized reports to detailed reports, and then drill down further to the original transactions. In addition Red Wing also offers Fund Accounting for Non-Profits and Municipalities and Farm Accounting software.
QuickBooks Online Collaborates with Third-Party Developers
“In the past year, QuickBooks Online has implemented multiple new integrations with the most popular apps on the market aimed at helping users eliminate manual entry, save time and reduce errors. Customers who use TSheets to track time, invoice clients and manage payroll can now easily review, edit and approve time straight from within QuickBooks Online. Users who useBill.com for electronic bill pay will also be able to import, review and pay bills directly from QuickBooks Online, while fans of G Suite can invoice clients directly from Gmail and even schedule billable appointments using Bill My Time with Google Calendar,” said CeCe Morken, executive vice president and general manager, Pro-Connect Group of Intuit.
Intuit QuickBooks Premier 2017 Includes Smart Search
“In the 2017 version [of QuickBooks Premier], new automated reports let you know that your reports are on time and accurate based on the data provided, automatically generated and emailed to you when you schedule them. Additionally, reports filters are easily viewable and can be applied across multiple reports and viewed on one screen. You can now print information about what filters have been included in reports, as well as make multiple-record filter selections more easily.
“More improvements to QuickBooks Premier include smart search, which is a personalized autocomplete feature that helps you search for names, account numbers, and transaction amounts quickly,” said CeCe Morken, executive vice president and general manager, Pro- Connect Group of Intuit.
Sage Small Business Adds Sage Impact Hub
Sage Impact is used by accountants and bookkeepers to access a variety of apps including making proposals. Although offered free it’s good to review the terms and conditions which state that if you continue to use any of the products for which Sage charges, you may incur charges after four months. Sage offers a head-spinning assortment of accounting products. The starter package is Sage Start which provides Sales Invoicing and the ability to see how much customers owe and chase overdue balances. Clients may connect their bank and bank data flows in automatically. Reports include Profit & loss, Balance Sheet and Trial Balance.
Sage Cloud Accounting
Sage One is described as Simple Cloud Accounting Entrepreneurs and Small Businesses to manage cash flow and invoices. Sage Live is described as customizable cloud accounting for small and mid-sized businesses that create customizable reports, manage inventory, chart of accounts, manage multiple business units or locations and connect with Salesforce. The multi-dimensional general ledger may be used to track financial performance from multiple perspectives: by territory, team or project.
PC Software Accounting® Provides Windows Computer Checkbook
The Checkbook System is designed to directly interface to PC Software Accounting Windows® Client Write-Up System for accounting to prepare payroll and financial reports. The Checkbook System writes payroll and payables checks. It can also prepare deposit slips, and allows “journal entries” to be made to record other accounting transactions such as debit card transactions, online payments or accumulated depreciation. The system has a bank reconciliation feature that allows bank and credit card accounts to be formally reconciled. There is also a job costing feature and a fixed assets system available.
Wave Features Scheduling and Recurring Invoicing
"The most significant improvement in Wave this year is an end-to-end elevation of invoicing and payments," said Kirk Simpson, CEO and co-founder of Wave. "We've rolled out new workflows to make invoicing easy and clear. We've introduced industry-leading scheduling for recurring invoices, automatic payments for credit card customers, and extensive invoice customization. And we've relaunched our mobile apps for iOS and Android to great reviews from thousands of customers."