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Accounting Power is software designed to empower accountants. More and more businesses are buying accounting packages for small businesses, allowing them to bypass the professional expertise of an accountant. This powerful software helps you boost your margins and retain clients, while helping you offer even more value to your customers.
Who Uses Accounting Power?
Accounting Power is accounting software designed by accountants, for accountants. This software helps you provide your client accounting services (CAS), to businesses in need of a powerful, professional solution. Ultimately, Accounting Power is accounting software that allows for collaboration between your bookkeeping business, and companies that are in need of accounting assistance.
Accounting Power Features
- Client accounting services: With Accounting Power’s CAS framework, you can accomplish necessary accounting tasks faster, and more accurately than your clients could ever do on their own.
- Financials: The software includes a write-up system with bank feeds, a customizable trial balance with notes, and the capacity to adjust entries. It also features fully customizable financial statements, and the ability to analyze and review entries using trial balances, financials, or general ledger. You are able to work with multiple points in time, including 13-month periods.
- General ledger (GL): The Accounting Power bookkeeping system is comprehensive and powerful. The general ledger includes banking, accounts receivable/payable, job costing, and inventory capabilities. Their digital check feature eliminates the need to print and mail checks. This makes it possible for you to pay multiple vendors with a single mouse click. You can arrange for the bookkeeping system to be in-house as part of your CAS package, or you can set it up for your clients and give them control.
- Virtual chief financial officer (CFO): This software allows you to outsource your CFO services. By serving as a virtual CFO, you can manage cash flow, track important KPIs, and prepare budgets. You can also utilize Accounting Power’s forecasting function in order to educate your clients about the performance of their business. The virtual CFO tools include customizable financial statements, budget preparation, and financial ratios. You can handle credit card payment transactions, and communicate with the bank on behalf of your client. A straightforward dashboard helps you maintain complete control by giving you the ability to check in with all financials at a glance.
Accounting Power Pricing
The vendor does not have specific price information listed online. If you wish to find out more about the software or participate in a free demo, you can contact them via their website.
If you are an accountant looking to start or improve your own CAS business, Accounting Power software could be what you need to help bring your business to the next level.
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