Consolidation Benefits Trial Balance Software

摘要

The consolidation of the CPA software marketplace in recent years has resulted in a cream-of-the-crop selection of trial balance software products. Nearly all of the independent vendors of trial balance packages have been purchased by larger companies, seeking to ultimately—and wisely— offer a full suite of software that firms can embrace to maximize efficiency. Nearly all of this year's products are owned by large, stable, and growing companies, with multiple product offerings that are often complementary to their trial balance applications. All of the reviewed packages support tight integration with tax software, as well as seamless integration to a financial statement report writer. The packages are usable by virtually any size practice: Smaller firms can simply elect to omit some of the more advanced features, while larger firms can fully embrace them to perform more complex functions like audit sampling or risk analysis.