Practice Management Software for Accountants

Time & Expense Management

Track profitability across every task with an easy-to-use timesheet system — built for both fixed-fee and timesheet-based billing. Capture time against any project, across offices, service lines, branches, or countries, with minimal complexity. Clients report saving over 15 minutes per person per week.

Key features:

Easy to use Timesheet and Expense capturing

Accessible on any device

Automated staff reminders for outstanding timesheets

Workflow and Approvals

Benefits:

Spend less time capturing timesheets

No more late timesheets — staff can complete them remotely

Managers can approve timesheets and expenses to keep WIP accurate

General Ledger

Fully integrated with GreatSoft CRM by Office and Service Line, with journal entry templates per Office Costing Entry Type. As a multi-currency system, unlimited currencies can be configured with exchange rates updated as frequently as daily.

Key features:

Standard reporting currency for multi-currency environments

Configurable account code length and structure using Country, Service Line, and Office codes

Master Account Codes with configurable character length per segment

Unlimited account categories — IFRS categories support full financial statement production

Recurring journals — proportional or fixed, with defined frequency and expiry

Proposed journals to preview entries before posting live

Benefits:

Ideal platform from which to provide payroll services

You have access to reports and analytics

Can be accessed and administered from anywhere at any time

Creditors

GreatSoft Creditors is an integrated Creditors module that links to CRM and the General Ledger. The Processing of Creditors Invoices, Credit notes and Payments integrates directly to the General Ledger. Invoices can also be attached to a Clients Work In Progress as a disbursement (Expense) which also updates the Client WIP on posting.

Key features:

Manual or auto payment runs for all due invoices

Invoice due date management for cash flow forecasting

Invoices can be placed on hold to exclude from auto payment

Separate handling of staff, sundry, and trade creditors

Billing & Processing

Bill clients from anywhere, on any device — no need to be in the office. Use your firm's standard invoice templates across any service line, branch, or company, and send invoices electronically. Firms using on-demand invoicing have reduced lockup by more than 30 days, with a significant positive impact on cash flow.

Key features:

Bill directly from WIP

Workflow and approvals

Automated email reminders for approvals

Bulk billing of recurring fees, tax, and secretarial fees

Benefits:

Faster invoicing directly reduces lockup and improves cash flow

All client contact details always on hand via CRM integration

Scalable central database — one entry, accessible by all, from anywhere

Practice Financial Statements

A powerful report writer that produces financial statements with automatic note, page, and index numbering. Reports can be built and maintained by users, or structured using the IFRS for SMEs financial reporting framework.

Key features:

Reports produced in Microsoft Word or Microsoft Excel

User-defined layouts and styles

Account-category-driven reporting (not range-based)

Master Chart for fast multi-ledger account management

Practice Financial Statements screenshot

Debtors & Lockup

Fully integrated Cash Book, General Ledger, Creditors, and Asset Ledger in one place. Produce monthly income statements by partner, service line, branch, or company — at any time, in any country. Some firms have reported saving up to 2 partner days per month by automating this process.

Key features:

Real-time debtors and lockup reports

Security-accessible to all relevant staff

Benefits:

Reports accessible from any device, with up-to-date figures at all times

Selected staff can run their own reports independently

Client Management

A CRM built for time-based professionals who need quick access to the right information. Communicate with clients, upsell services, and market to targeted audiences — all from a single database. Because if you're not nurturing your client relationships, another firm will.

Key features:

Single database shared across all modules

Multi-user security with role-based access

Client notes and automated alerts/reminders

All client information stored in one place

Benefits:

One update syncs across all departments firm-wide

Data integrity protected through restricted staff access

Never miss a deadline with automated reminders

Client records are easy to retrieve and manage

Practice Management Software for Accountants

Practice Management Solutions

Time & Expense Management

General Ledger

Creditors

Billing & Processing

Practice Financial Statements

Debtors & Lock up

Time & Expense Management

General Ledger

Creditors

Billing & Processing

Practice Financial Statements

Debtors & Lockup

Client Management

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