REPORTING & FINANCIAL STATEMENTS - 5 Stars
Accounting Relief’s report-ing capabilities are easily accessible either from the Activity Center or from the Reports and Financials screens, providing full drilldown access to transactions and offering good customization options. Traditional financials include single period or comparative balance sheets and income statements, while additional options are available for retained earnings, trial balance reports, budgets, variances, ratios, supplemental schedules and engagement letters. When viewed on-screen, financial statements offer drilldown access to individual transactions and accounts. Accounting Relief can generate reports and financials to Excel, PDF or Word formats, and it integrates with the vendor’s CyberCabinet document management program.
A Practitioner Says:
|"I have a small firm in Maryland with a staff of
one to five. Accounting Relief was the first product I viewed that seemed
to have a completely comprehensive approach to the accounting process, including
all the financial reporting. They go above and beyond, including the letters
available to generate for the client with compilation of the schedule deadlines.
The program helps me showcase what I can do online. I can attach a little
marketing piece to this product and use it to show my ability to meet the
clients’ needs. It has allowed me to substantially cut down the human
resources time for me to put the data into the system because the clients
enter much of it themselves, which saves me a lot of labor hours and dollars.
Because of the cost savings to the practitioner, Accounting Relief allows
you to be more competitive in the market. But as you research the options,
my recommendation is that you use what will make you most marketable and
most competitive in your area. And if you choose this product, consider
the vendor’s payroll product, as well, because the two products are
great sister products that communicate very well and seamlessly."
INTEGRATION, IMPORT/EXPORT - 5 Stars
Since Accounting Relief includes a client bookkeeping side, it is more than integrated with the client’s files because it is the same system. Think of it as setting up a workstation for your client in your own office to which they could post transactions, but only with the ability to access the specific features you allow and with you or your staff watching them.
When reconciliation tasks, adjustments or period ends are processed, live data is accessible to the accountant at any time without having to transfer it. Accounting Relief can also import from QuickBooks, Excel, RTF and ASCII formats, and it offers export into most tax compliance programs.
SUPPORT, TRAINING & HELP - 4.5 Stars
Accounting Relief offers a traditional Help utility and links to technical assistance tutorials and other options, while the AccountantsWorld online support center provides access to various training videos, webinars, tips and articles. Tech support is included in program pricing. The web-based program is automatically maintained and updated by Accountants-World staff.
RELATIVE VALUE - 5 Stars
For firms that can transition some or all of its small business clients to the client bookkeeping system in Accounting Relief, the program is exceptionally beneficial since it can greatly reduce client errors, speed up many write-up processes and put control of the accounting relationship back in the professional’s hands. The system can also import from most small business account-ing programs. The web-based nature of the system is also useful since it enables the professional to securely access client and firm data remotely.
2008 Overall Rating: