client accounting suite premier: earn revenue year-round
DESCRIPTION
Your small business clients need year-round bookkeeping services. With Client Accounting Suite Premier (CASP), you can fill that need and earn extra revenue. CASP is a complete, reliable accounting solution — simplifying your work so you can build stronger client relationships.TRANSCRIPT
Client Accounting Suite PremierEarn Revenue Year-Round
The Problem with Do-It-Yourself Clients
You can’t be replaced by software.
Easily-available accounting software makes bookkeeping more accessible for the average business client. However, the average business client does not have an accounting background.
The result is that many business owners are relying on unreliable financial data. And when tax time rolls around, they will expect you to fix it.
Your clients need the services of a professional year-round to help them organize and interpret the variety of financial information in their businesses.
©2014 CCH Incorporated and/or its affiliates. All rights reserved.
The Return of Client Accounting
Moving beyond the transactional relationship
Many firms have avoided client accounting work, thinking it is a low-profit practice area that will distract the firm from more high-value engagements.
However, expanding your client accounting services can help attract new clients and deepen your relationship with your existing tax-only clients.
Lasting Client Relationships
Write Up
Accounts Payable
Accounts Receivable
Live Payroll
©2014 CCH Incorporated and/or its affiliates. All rights reserved.
46% of small business owners reported they do not work with an accountant.
An additional 25% see an accountant only once a year at tax time or when they have a specific question.
These Businesses Need Your Help
Source: http://www.godaddy.com/news/article/small-business-owners-not-taking-advantage-of-technologies-that-save-time-money-during-tax-time.aspx
©2014 CCH Incorporated and/or its affiliates. All rights reserved.
How Many Times Have You Thought…
The costs add up…
When you see your clients only once a year, you are much more limited in how much you can help. Your clients miss opportunities to benefit from your professional accounting expertise, and their perception that your services don’t add value is reinforced.
Additionally, the work needed to fix an entire year’s worth of common bookkeeping errors makes tax time even more chaotic than it needs to be. Any time you might have had to advise your clients is instead used to clean up data and troubleshoot the client’s bookkeeping software.
This data is a mess.
If only you’d talked to me earlier…
Software can’t replace your accounting professional.
I can do more than just fix bookkeeping errors.
When did I become a software support line?
©2014 CCH Incorporated and/or its affiliates. All rights reserved.
Although many clients and even some firms view client accounting services as a commodity, these services form the foundation of a productive advisory relationship.
Only a small percentage of your current clients may want these services now, but your future clients do want them.
When you are involved in your client’s day-to-day operations, you become an indispensable part of their business.
Laying the Groundwork
Source: Sleeter Group “What SMBs Want” Research Paper
What types of services would you like to receive from your CPA?25%
20%
15%
10%
5%
0%Outsourced bookkeeping
Payroll Accounts receivable collection
Customer invoicing services
Bill paying
Current clients
Future clients
©2014 CCH Incorporated and/or its affiliates. All rights reserved.
Add Value at Every Step
Easily export data into ProSystem fx® Tax or other tax software.
Add Value:
Since you’ve been working with the client data all year, there is less time needed to clean up and fix errors. Instead, you can provide tax planning advice for next year.
Tax Time
Provide checkbook reconciliation, financial statements, after-the-fact payroll reporting and other basic write-up services.
Add Value:
Meet with clients regularly to discuss the reporting and provide insight & advice.
Output
Import client data from whatever system they are using.
Add Value:
For clients that don’t want to manage the bookkeeping on their own, you can provide A/R, A/P and Live Payroll services.
Input
©2014 CCH Incorporated and/or its affiliates. All rights reserved.
Client Accounting Suite Premier
Intuitive and
Affordable
Write Upll Data import from QuickBooks®/Sage
ll Manual check & journal registers
ll After-the-fact payroll tracking & compliance
ll Reconciliation of checking accounts
ll Financial statements
ll Working trial balance
ll Export to ProSystem fx Tax
Live Payrollll Employee time entry
ll Check printing
ll MICR ink printing
ll Direct deposit upload
ll Reports
ll Direct integration with Write Up
Accounts Receivablell Sales & invoice entry
ll Recurring charges
ll Invoice printing
ll Payment adjustments
ll Statements & aging reports
ll Direct integration with Write Up
Accounts Payablell Invoice to be paid entry
ll Post invoices
ll A/P reports (incl. aging reports)
ll Direct integration with Write Up
©2014 CCH Incorporated and/or its affiliates. All rights reserved.
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©2014 CCH Incorporated and/or its affiliates. All rights reserved.
For more information about Client Accounting Suite Premier, visit CCHGroup.com/CASP or
call 800-739-9998.
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