Trial balance and working paper software, Accountants trial balance, Engagement software, Working trial balance.

Pendock Accounting For Practitioners

Excel-based Trial Balance & Working Paper Software

You and your staff need only a basic spreadsheet knowledge to get Pendock Accounting for Practitioners (AFP) up and running. Staff training costs are negligible.

You can put the program to use immediately. There are no templates to build or purchase, and no formulas or links to create.

Whether the engagement is a compilation, review or audit, a host of features help you do the work easily and efficiently: easy client setup, rapid data entry, automatic presentation-quality financial statements, complete working papers, and context-sensitive help.

Pendock Accounting for Practitioners is available in Canadian and American formats.

Client setup is as easy as entering the client's name, address, contact names, accounting period, and identifying the practitioner and type of engagement.

Automatically creates the appropriate engagement letter, accountant's communication and representation letter, including letterheads if required.

Imports the trial balance from any accounting software that can export to an Excel on text file (or enter directly into the pre-formatted trial balance).

Accommodates as many accounts as required.

Point and click feature make account mapping a non-issue. When the trial balance is imported the following year, AFP will detect whether the client has added or deleted accounts, or changed account names.

Can import client data such as the general ledger, any journal or any listing. Numerous options are available to analyze the data automatically - searches can be made for amounts equal to, greater than, or less than a specific amount. The search can be made within the entire database or within a particular account. AFP supports wildcard characters such as * and ?.

Can import additional Excel workbooks covering field work, client data, or containing additional firm procedures.

Journal entry types include adjusting/normal, potential, reclassifying, interim, recurring, reversing and in the U.S. version, tax entries.

Accounting for Practitioners views include financial statement, client, and prior years.

Files can be locked for compliance with the Sarbanes-Oxley Act of 2002.

An activity log (which includes an automatic entry indicating the date the file was locked) can be created for each engagement.

Comparative lead sheets and grouping schedules are prepared automatically. As much analysis and commentary as required can be added to the lead sheets and grouping schedules.

Financial statements are fully integrated and prepared automatically. There are no transfers or extra links required between the accounting details and financial statements - everything needed is in one program.

Features smart dollar signs, page numbering, smart index and smart headings. Rounding is automatic. Supplementary schedules are automatically prepared.

The financial statements, trial balance, and leadsheets are bilingual in the Canadian version. If desired, statements can be issued in both languages, including notes.

Statement headings are inserted automatically and can be centered, left-justified or right-justified; the current year column can be boldfaced or plain; zero balance accounts in the current and prior years are suppressed automatically; the prior year column can be hidden or shown.

Smart dollar signs can be positioned at the top of the column or with the first amount. Underlining can be full page width or two column width.

An expandable, customizable notes library make notes preparation a matter of point and click.

Printing financial statements is simply a matter of selecting "Print" from the menu. There are no separate printing programs to learn and no additional templates to purchase or build.

Fixed asset amortization and depreciation can be calculated and posted automatically. Long term loan amortization schedules are provided for up to 26 term loans payable and receivable.

Up to five years historical ratio analysis is completed automatically.
Income and expense percentage analysis for the current and up to four prior years is a matter of clicking on the "Create Ratios" menu item.

The Canadian version ships with either the CICA or CGA Canada compilation, review and audit checklists. The U.S. version supports forms 1120, 1120S, 1065, and 1040 Sch. C.

Client Write-ups:
Recording transactions for client write-ups is as easy as selecting "Data Entry" from the menu and choosing the appropriate journal: checks, deposits, sales, or general journal.

The check journal in the Canadian version of AFP provides an option for the automatic calculation of GST/HST. The Quebec version adds an option for the automatic calculation of QST.

New accounts can be added "on the fly".

Recurring payees and their related account numbers can be entered automatically.

When exiting from the check, deposit, or sales journals, AFP creates an automatic offset to a default account or prompts for an account of your choice.

The bank reconciliation feature handles as many bank accounts as required. Only items pertaining to the current bank account are displayed. Previously cleared items are suppressed.

Errors can be corrected by over typing the errant data.

Out-of-balance indicators for each journal as well as the trial balance ensure errors are found quickly.

The closing entry and file setup for the following year is automatic - the process is completed within seconds.
Analyzing accounts is as easy as selecting "Account Analysis" from the menu. Accounts can be analyzed for the full period or any partial period.

If doing monthly bookkeeping, monthly income statements are prepared automatically, displaying the results for each month in the current year, along with a full prior year comparison. It's as easy as clicking on the menu and selecting "Create Monthly Financial Statements".

If not doing client accounting or a write-up, all related features can be suppressed automatically.


Pendock Accounting for Practitioners - Standard
Contains all of the features mentioned above. It is compatible with Excel 2000 through to Excel 2010 and is licensed for up to five users in the same firm and office.

Pendock Accounting for Practitioners - Gold
Paves the way to a paperless office. Pendock Accounting for Practitioners - Gold retains all of the features of AFP Standard and adds several additional features. These include:

Scanned Documents: Scan an unlimited number of documents into AFP. As each document is scanned AFP creates an index for instant, easy automatic retrieval. Scanned documents may be placed in the current or permanent file.

Consolidations: Consolidate up to 80 dissimilar companies automatically. After recording eliminations, the financial statements are client ready.

Trend Analysis: Pendock Accounting for Practitioners can automatically create a trend analysis for each income statement account based on up to five prior years data.

PDF Format: Create draft or final financial statements in PDF format automatically. Simply click on PDF in the AFP menu and it's done.

Operating Budgets: Create operating budgets including variance analysis, for an unlimited number of departments and company wide.

Accounting For Practitioners - Gold is compatible with Excel 2000 through to Excel 2010 and is licensed for up to 15 users in the same firm and office.

Pendock Accounting for Practitioners- Light
Licensed for up to five users in the same firm and office and designed for practitioners who do not require all the features of the standard or gold versions.

In the U.S., Pendock Accounting for Practitioners - Light is ideal for tax preparers who do not require working papers or financial statements.

In Canada, Pendock Accounting for Practitioners - Light is ideal for accountants who do not require checklists, ratio and data analysis, nor client letters. It is compatible with Excel 2000 through to Excel 2010.

PRICING
Pendock Accounting for Practitioners is priced in local currencies.
Pendock Accounting for Practitioners - Standard $899; annual renewal $275 for the U.S. version, $400 for the Canadian version.
Pendock Accounting for Practitioners -  Gold $1,299; annual renewal $400.
Pendock Accounting for Practitioners - Light $599. annual renewal $175 for the U.S. version, $275 for the Canadian version.
FedEx shipping is $25 throughout North America; $60 overseas. We accept Visa, Mastercard and Amex.

Your Pendock Accounting for Practitioners license includes:
Unlimited telephone support using our toll-free "800" number.
Updated CICA or CGA audit, review, and compilation checklists (Canadian version).
Updated tax line codes (American version).
Updated client letters.
Upgrades within the same version.

Click Here to Order or telephone us at (800) 567-4500.