BalanceWare

BalanceWare is a trial balance software that aims to streamline accounting processes for various professionals and industries. According to the vendor, this software is designed to cater to accounting firms, tax preparation firms, financial services firms, bookkeeping services, as well as small and medium-sized businesses. With its range of features and capabilities, BalanceWare is positioned as a solution that can enhance financial management efficiency.

Key Features

Accounting Functions: According to the vendor, BalanceWare offers a range of accounting functions, including year-end closing options, efficient data-entry with type-ahead recall, bank reconciliations, journal entry options, and the production of financial statements, trial balances, and general ledgers with export options to various file formats.

Tax Preparation: BalanceWare provides tools for making final tax return adjustments through its Income Tax and Tax Prep dashboards. The vendor claims that it allows for the export of tax line information to popular tax preparation software and supports compliance tasks such as producing agency transmital forms and filing envelopes.

Document Management: According to the vendor, BalanceWare assists with client communication, engagement documentation, and archiving. Users can send text messages and emails with attached reports and documents, take notes, and attach documents to various forms within the software. It also integrates with Outlook, Excel, and Word for seamless document management.

Cloud Services: BalanceWare's Cloud enables secure sharing of client files and documents across the internet, as per the vendor. Users have the flexibility to choose which clients reside in the cloud and benefit from AES-256 encryption for file security. The BalanceWare cloud is hosted on a network of data centers in North America.

Loan Amortization, Pro Forma, and more ...: Users can automate journal entries by providing loan details and account assignments, according to the vendor. BalanceWare allows for the creation of pro-forma statements, offers SSARS support, and integrates with Microsoft 365 for enhanced functionality.

Support: BalanceWare provides built-in support tickets for immediate response and a same-day service guarantee, according to the vendor. This ensures that users can receive timely assistance when needed.