Accounts production software that works as it should (Sponsored)

For almost 20 years, the team at Accurri has been developing software that makes statutory financial reporting faster, easier, and less frustrating.

We engage with preparers, auditors, and regulators on an ongoing basis. We listen to what they say, and we solve their problems, one problem at a time. After 20 years, that is a lot of solutions. Here are just a few:

Access controls: Manage data access and permissions at an individual user level. Control what can be seen and what can be done.

Audit trails: Whether it is aggregation for a single entity or a consolidation of several entities, a clear and hyperlinked audit trail that both the user and auditor can follow with ease.

Balance checks: Inbuilt and automated balance checks and validations. No need to search for errors as Accurri automatically provides alerts.

Basis of preparation: Not all accounts are equal, but with Accurri, it is easy to switch between FRS 101, FRS 102, FRS 102/1A, FRS 105 and IFRS. Switch part-way through the preparation process if required.

Cash flow workings: Cash flow can be completed in minutes rather than hours.

Compliance: Accurri is compliant with the accounting standards, relevant legislation, regulations, and rules. Content is regularly reviewed and updated to ensure that it is always up-to-date.

Consolidation: One or many trial balances can be easily imported, adjusting is simple, and there is no need to struggle with a consolidation spreadsheet ever again.

Custom sections: Import Microsoft Word documents via the custom sections feature. This function is ideal if there is a special cover or specific directors’ report that has already been prepared in Word.

Customisation and editing: Accurri eliminates the time-consuming and frustrating things most preparers end up doing in Word and Excel. There are features that make everything easier. For example, inserting tables, customising or combining notes, updating numbers, sorting data, rounding, changing terminology and so on.

Disclosures: The Accurri disclosure features make the capture and import of non-trial balance disclosures such as tangible and intangible reconciliations, capital commitments, directors’ names etc., straightforward and convenient.

Duplicate reports: Reports, or parts of reports, can be duplicated in various ways.

First-time set-up: A first-time user will usually set up a typical (50 page) report within six to eight hours and have an audit-ready draft within seven to ten working days.

Foreign currency trial balance: Import a foreign currency trial balance, add the income statement, balance sheet and historical rates and have a base currency trial balance in no time.

Formats: Accurri offers a variety of formats in many different areas. For instance, there are five formats for the balance sheet, not including the sorting and style options available.

Going concern: Accurri looks at several going concern indicators and flags any potential going concern issues. This means that issues, if there are any, can be addressed near the start of the accounts production process rather than at the end.

Help: It is there if, or when, it is needed. We assist users through our context-sensitive help function within the software, our dedicated and expert support team, as well as an array of resources and videos available at
www.accurri.com.

Mapping: Large amounts of time can be saved with the mapping module. If there are trial balances with a similar chart of accounts structure or trial balances with unique codes or descriptions, Accurri can rapidly learn and apply the structures, codes, or descriptions.

Number of drafts: Accurri allows for drafts or versions of the accounts to be kept to a minimum. We have reports of clients reducing from 30-plus versions to six or seven.

Outputs: Accurri outputs are generated in common productivity tools such as Word, Excel and PDF. The nature of the output will determine the file format (for example, reports will be available in Word or PDF while audit trails are created in Excel).

Personal preferences: Many preparers and auditors have personal preferences that go above and beyond compliance. Accurri recognises this and offers a wide range of preference options.

Range of entities: Accurri is suitable for and used by many entity types such as public companies (listed and unlisted), private companies (domestic and international) and professional services firms.

Reviewer licences: Complimentary read-only reviewer licences are available for those who only review the accounts, such as auditors, managers, and directors.

Roll forward: Simply click the roll forward icon. The report is rolled to the new year’s requirements within a few minutes, with preferences retained and comparatives pre-loaded.

Security: All data is hosted in Amazon Web Services’ (AWS) secure facilities. Data is encrypted in transit using TLS and at rest using AES-256-grade encryption. For clients in the United Kingdom and Ireland, the AWS facility is in Ireland.

Sorting: Simply drag and drop; it couldn’t be easier. Change the order of sections, directors’ report, or balance sheet content, notes and rows within tables.

Styles: Change the look and feel of the report using the styles feature. For example, add a logo, change fonts, or add a splash of colour.

Tax effect: Draft the tax numbers in minutes using the tax effect module.

Training: Dedicated client training is included in the licence fee. It is delivered online and typically takes about three hours: a 45-minute self-paced tutorial and 2.5 hours with our online trainers.

Trial balance(s) and adjustments: Import the trial balance(s), post any statutory adjustments (including tax, reclassifications, and eliminations), apply rounding and produce the primary statements and notes.

User guide: Every screen has a ‘Need help?’ function – a context-sensitive link to the online user guide. This ensures that guidance is available when and where it is needed.

Workpapers: The workpapers module makes the creation and management of workpapers quick and efficient.

XBRL tagging: XBRL tagging is automated. Just select the iXBRL and XBRL files from the outputs list.

You are in control: Accurri is not a template; it is intelligent software that allows users to create the reports they need.

Zero licence fee risk: We eliminate licence fee risk by offering an obligation-free trial before purchase and a 120-day, 100% money-back guarantee.