Overview
What is Accounting Power?
Accounting Power is an accounting system sold to professional accountants, that aims to enable users to control every aspect of an accounting practice and can overcome the challenges imposed by accounting systems that are sold directly to clients.in addition, Accounting…
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Accounting Power--the really good, a little bad, and no ugly
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What is Accounting Power?
Accounting Power is an accounting system sold to professional accountants, that aims to enable users to control every aspect of an accounting practice and can overcome the challenges imposed by accounting systems that are sold directly to clients. in…
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Product Details
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What is Accounting Power?
Accounting Power is an accounting system sold to professional accountants, that aims to enable users to control every aspect of an accounting practice and can overcome the challenges imposed by accounting systems that are sold directly to clients.
in addition, Accounting Power includes capabilities for write-up and trial balance work and tools to create customizable financials, along with A/P, A/R, job costing, and inventory. Users can manage clients and their fiscal health from its dashboard.
Accounting Power Features
General Ledger and Configurable Accounting Features
- Supported: Accounts payable
- Supported: Accounts receivable
- Supported: Cash management
- Supported: Bank reconciliation
- Supported: Expense management
- Supported: Multi-division support
- Supported: Regulations compliance
- Supported: Electronic tax filing
- Supported: Journals and Reconciliations
- Supported: Standardized Processes
Reporting & Analytics Features
- Supported: Dashboards
- Supported: Custom reports
Customization Features
- Supported: API for custom integration
- Supported: Plug-ins
Security Features
- Supported: Role-based user permissions
- Supported: Single sign-on capability
- Supported: Multi-factor authentication
- Supported: User-level audit trail
Accounting Power Screenshots
Accounting Power Competitors
Accounting Power Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | Apple iOS, Android |
| Supported Countries | United States |
Accounting Power Downloadables
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Users have reported significant time savings when using this software to manage payroll, completing the task in just one day instead of the usual 2-3 days. The software is also utilized for generating invoices, streamlining the invoicing process for clients. Users appreciate the software's ability to handle all financial functions in one place, making it easier to manage finances without the need for multiple platforms. Additionally, it effectively manages payroll, keeps track of funds, and tracks creditors and debtors. The software's common interface and internal integration within the finance workflow allow for seamless cooperation within the finance team, ensuring systematic tracking of accounts receivable and accounts payable. This improves efficiency by enabling quick and easy completion of various tasks.
While users praise the software's payroll solution for its effectiveness, they have encountered occasional glitches and limitations with the accounting suite, which require additional effort to address. Another challenge users face is the need for ongoing communication with clients to obtain accurate and complete information. Despite these challenges, users find the software easy to use, straightforward, and flexible. It is particularly recommended for small businesses or startups but may be less suitable for larger businesses. The software's ease of use, nationwide scalability, and ability to serve different types of clients are highly valued by users. It offers automation, integration, and control that other products lack, allowing users to provide a comprehensive solution for their clients' bookkeeping, accounting, and payroll needs. Users appreciate the real-time client interaction capabilities that enable them to work with diverse clients throughout the U.S., delivering high-quality services.
Quick and efficient payroll: Users have been impressed with the software's ability to create payroll quickly and efficiently, making the process much faster than before. Several reviewers stated that this feature has saved them a significant amount of time and effort in their accounting tasks.
Invoicing made easy: The software's invoicing feature is praised for helping users generate invoices for clients and organize receivables for tax and audit purposes. Many reviewers have mentioned how this feature has streamlined their billing processes and improved their overall efficiency in managing invoices.
Multi-platform accessibility: Users appreciate the accessibility of the software on multiple platforms, allowing them to use it on the go. Several customers have mentioned being able to access their accounting data from different devices such as desktop computers, laptops, tablets, and smartphones, which has provided them with flexibility and convenience in managing their accounts.
Limited search feature: Many users have expressed frustration with the limited functionality of the search feature, stating that it is worthless and does not provide accurate results. Some users have even suggested that additional search filters or options should be implemented to enhance the overall usability and efficiency of the feature.
Lack of backup feature: Several reviewers have mentioned their disappointment in the absence of a backup feature, which has caused concerns about data security and loss. The lack of a backup option has left users feeling vulnerable and exposed to potential data loss incidents, highlighting the need for a reliable backup solution within the software.
Poor customer support experience: A number of users have had negative experiences with customer support, describing the process as long and drawn-out without receiving satisfactory resolutions to their issues. These customers feel frustrated by the lack of timely and effective communication from the support team, leading to prolonged downtime and unresolved problems.
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