Micronetics, Int’l. – Accounting Xpert Enterprise Edition Client Write-Up
Best Fit: Accounting Xpert is designed for accounting professionals serving multiple clients of any size, including mid-sized and larger enterprises with consolidation needs and multiple locations.
- Supports consolidated and multi-division, multi-location entities
- Offers reporting for any desired time period/years
- Strong reporting and financials customization
- Newly-added support for mobile devices, including iPad and Android
- Limited online self-support tools
From the February 2013 review of Client Write-Up systems.
The Accounting Xpert Enterprise Edition Client Write-Up from Micronetics was designed by accountants for accounting firms that provide reconciliation, ledger management, payroll compliance and other write-up services for clients of virtually any size, including large enterprises with multiple subsidiary units or geographical locations. The system is available as an installed network program, or can be used as a hosted web-based solution.
Micronetics initially started developing accounting systems in 1978, and has stayed current with major technology changes during that time. The most recent release reflects this, with full support for mobile devices with web browsers. Additional recently added features include streamlined navigation, enhanced reporting and greater customization on data entry screens.
The company also offers a business-side version of Accounting Xpert Enterprise, as well as secure online portals for accountant-client document sharing and collaboration.
Basic System Functions: 4.5 Stars
Accounting Xpert Enterprise is designed as an all-in-one program that includes full GL, AR and AP, bank reconciliation, financials reporting, inventory, purchase orders and sales modules, plus built-in live and after-the-fact payroll and wage reporting. The only available add-on module the company charges separately for is an optional client checkbook system.
During initial setup of client charts of accounts and financial information, users can create them from scratch, customize industry templates or copy charts of accounts from similar clients. Data entry is performed on intuitive screens. Client data files can also be imported from QuickBooks.
The main interface for the program features an Outlook-style menu on the left side of the screen that offers shortcuts to the main modules and features in the system. Built-in security access rights ensure that each firm user can only see the modules, features and clients that they’ve been assigned to. Additional navigation options are available from traditional drop-down menus at the top of the screen. Many of the program’s screens offer customization, as well as the ability to create personal reminders and automated alerts.
The system offers dashboard views of each client’s key business indicators with users able to drill down to underlying transactional information. This drill-down functionality is also available when reports are viewed on-screen.
Accounting Xpert Enterprise supports any number of staff (with appropriate licensing), and can be used to manage the accounts for any number business clients, including those with consolidated reporting, multiple locations and multi-state employees. It is available as a traditional installed system can be hosted by Micronetics, allowing firm staff to have anywhere/anytime access to the system, while all of the program installation, updates and other IT issues are managed by the vendor. The hosted version also comes with automated data backup and recovery.
Core Write-Up Features: 5 Stars
Accounting Xpert’s core write-up functions include a wide collection of GL and journal management tools, with the ability to create up to 9,999 schedules per company, including traditional financials, fund statements, unit financials and custom balance sheets. Up to 999 custom journals can be maintained, with options for creating automatically recurring and reversing entries. Firm staff can also unpost journals, make corrections and repost, with a full-time audit trail tracking all changes. Transactional data entry functions are made on a single window, helping users more easily find and correct errors.