Chris Downing’s Post

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Technology by Trade | Accountant at Heart | Sage 💚📊

Sage made the front page not once, but twice in XU Magazine! While acquisitions grab attention, the real value for accountants and bookkeepers is Sage's new AccountsPrep add-on for AutoEntry, which is like adding rocket fuel to the manual accounts preparation process for non-ledger clients. Here’s how it works: Upload bank statements to AutoEntry as usual. AccountsPrep then imports this data, allowing you to review, update, and quickly code it to a chart of accounts. You can handle cheques, deposits, and even 'non-bank' journal entries. Once reconciliations are complete, access a full range of reports - P&L, balance sheet, trial balance, tax reports, and more. Plus, export seamlessly to the major final accounts production software platforms. Additional features include: 🔹 Multiple bank/credit card accounts and transfers 🔹 Split transactions for detailed coding 🔹 Three journal entry methods and import of opening balances 🔹 Full AutoEntry inbox integration for sales and purchases 🔹 Multi-period support with automatic roll-forward of trial balances 🔹 Up-to-date chart of accounts and analysis tags for flexible transaction coding AccountsPrep brings the efficiency and accuracy you've been waiting for. It's time to take some time back for you this tax return season! #accountants #bookkeepers #NoMoreSpreadsheets

Richard Sergeant

Managing Director at Principle Point Ltd

2mo

Oof, love this Chris. Is this part of the MTD IT toolkit

Mark Edmondson

Inflo CEO | Audit Technology Expert | ex PwC | Author -> Follow for posts on innovation, leadership, & audit.

2mo

Great work Chris!

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