Skip to main content

Accounting

Wolters Kluwer CCH Axcess Financial Prep – 2019 Innovation Award Nominee

Jul. 24, 2019

wolters-kluwer-logo

Accounting firms face increased pressure to improve margins on tax preparation business. They spend an incredible amount of time manipulating data to prepare returns and often:

  • Buy over-engineered tools simply to ingest data, prepare the tax report, make final adjustments and send the balances to tax
  • Duplicate the management of clients and staff in multiple applications

The key to having a more efficient, more profitable practice is to implement integrated technologies that help reduce the friction in data and workflows. CCH Axcess™ Financial Prep is the first dynamic cloud-based trial balance solution integrated with CCH Axcess, the accounting profession’s first modular, cloud-based tax preparation, compliance & workflow management solution. It’s all about moving things along smoothly and easily by:

  • Hastening trial balance data into a business tax return
  • Grouping accounts intelligently and assigning the appropriate tax codes, once users upload the data
  • Allowing users to make necessary high-level adjustments more quickly before sending it to CCH Axcess Tax

CCH Axcess Financial Prep integrates with Xero™ and QuickBooks™ Online – with architecture to support additional integrations – making it radically novel and relatively fast-growing. Customers say it improves productivity and reduces tax return preparation time by as much as 25%. Because the data resides in a common cloud database, multiple staff can work simultaneously within the same engagement. The instant integration with CCH Axcess™ eliminates the need to sync data. When working on trial balance and related reports, this seamless integration:

  • Leads to greater productivity
  • Increases team collaboration
  • Enables anytime/anywhere access

Learn more: https://taxna.wolterskluwer.com/professional-tax-software/axcess/financial-prep

Watch video: https://www.youtube.com/embed/7iWfv2uryro

=====

See all of the winners, finalists and nominees in the 2019 Tax & Accounting Innovation Awards.