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Accounting

AccountantsWorld Enhances Accounting Power System

AccountantsWorld has announced major enhancements to its ACCOUNTING POWER software, a part of its suite of cloud-based applications for professional accountants. These enhancements are designed to accommodate a more mobile audience on smartphones and ...

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AccountantsWorld has announced major enhancements to its ACCOUNTING POWER software, a part of its suite of cloud-based applications for professional accountants. These enhancements are designed to accommodate a more mobile audience on smartphones and tablets in addition to its availability across all browser platforms.

Enhancements include expanded tools for financial analytics, including a comprehensive Dashboard, financial reporting capabilities, and bill payment approval process to help accountants perform complete accounting services more efficiently. A streamlined setup process, more intuitive navigation, and overall operational and archiving advances have been implemented, all designed with the critical needs of accounting professionals in mind.

“The entire platform has been optimized from the ground up for display on mobile devices, tablets, and across all browsers” said Sharada Bhansali, Executive VP and Co-Founder of AccountantsWorld. “Our reorganized Dashboard provides an expanded graphical interface with more useful and robust charts, data, and reports. With our enhanced software, uploading and editing e-statements are now easier, with the ability to add an alias ’on the fly‘ when importing credit cards and on bank transactions. This function, which usually takes hours, can now be done in minutes using ACCOUNTING POWER.”

ACCOUNTING POWER now allows three years for open transactions, and up to two for closed years, and provides the full range of letters, based on AICPA guidelines, that accounting practices need. In addition, ACCOUNTING POWER now offers enhanced capabilities for Not-for-Profit organizations.

“ACCOUNTING POWER makes it extremely easy to archive reports and financials and share them with your clients,” said Dave Munnell, Director of Product Development at AccountantsWorld. “You can create a custom report set that is automatically archived and made available to your client as soon as you close a period. This provides users with consistent reporting and archiving, which is now easier and fully automated. And now you can keep your financials and reports for as long as you want,” continued Dave. Accounting Power also has improved flexibility, making the initial setup more streamlined and eliminating the usually-required accounting formatting.

These new enhancements continue to strengthen the family of AccountantsWorld products. ACCOUNTING POWER puts control back into the hands of accountants, and makes client accounting both highly efficient and more profitable. By combining all accounting functions into one unified cloud-based accounting system, Accounting Power practically eliminates key time wasters, streamlining client accounting and reducing the time accounting firms spend on client overhead by 30-50 percent.