Intuit EasyACCT
Overview
EasyACCT received a rating of 4.5!
In the September 2005 issue of CPA Technology Advisor in the 2005 Client Write-up survey, Intuit EasyACCT received an overall rating of 4.5 out of 5. This survey covered all aspects of the various write-up products including learning curve, ease-of-use, reporting, financial statements, integration, processing, scalability, portability and support.
Intuit EasyACCT Professional Series delivers virtually everything you expect from accounting software, without the high price. This comprehensive program includes the functionality you need to help serve your clients quickly and easily, such as basic write-up, general ledger, payroll, customizable financial statements, accounts receivable, accounts payable, and more.
Benefits for Accountants
Processing and summarizing your clients' accounting and payroll data is simple with these key features of Intuit EasyACCT:- Adjusted trial balance report
- Windows-based A/R and A/P modules
- SUTA state forms - We've added LA, MN, MO, PA, TN, VA, and WA ... so EasyACCT now gives you a total of 21 SUTA states, all included for one price
- Financial statements and custom reports
- Trial Balance
- Accrual of paid time off
- 401(k) employer matching
- Prior-year tax transfer to Lacerte and ProSeries tax
- Online product download patches
- Asset Depreciation
- Bank Reconciliation
- Payroll
- Financial Amortization
- Powerful integration with Lacerte, ProSeries and QuickBooks
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Key Features
Write-Up ProcessingAsset DepreciationBank ReconciliationFinancial AmortizationTrial BalanceWindows-Based Accounts Payable and Accounts Receivable ModulesPayrollCustomized Financial Statements and Powerful ReportsPowerful Integration with Lacerte, ProSeries, and QuickBooksWrite-Up Processing
The Intuit EasyACCT write-up module helps you to tailor your services to meet specific clients' needs, from compiling their financial statements to being their stand-in controller. No matter how complex a client's monthly financials, you have the ability to process them quickly and easily.- Heads-down transaction data entry designed for accountants. No matter what type of service you provide to your clients, you can conveniently enter all of your transactions such as journal entries, cash receipts, cash disbursements, after-the-fact payroll, vendor payments, and adjusting entries using the Transaction Data Entry screen. This feature provides heads down transaction entry to help you maximize your efficiency and productivity.
- Gain instant access to Asset Depreciation/Management and Financial/Loan Amortization while entering transactions-calculations are performed in the background so they don't interrupt data entry.
- Transfer your general ledger and payroll entries into the Bank Accounts/Reconciliation module to make reconciling monthly bank statements quick and easy.
- Access employee data immediately in the Batch Payroll module, including entering after-the-fact payroll quickly.
- Generate virtually any type of financial statement with the flexible report writer.
- Laser-print checks with bank MICR-encoded information.
- Produce graphics easily.
- Immediate time-saver: if you decide to expand your services to include processing a company's live payroll checks (especially if you're already keeping track of their after-the-fact payroll), your employee data will immediately be accessible in the Batch Payroll module.
Asset Depreciation
Intuit EasyACCT manages depreciation for accounting and tax practitioners by reducing tedious calculations and multiple entries. This easy-to-use module helps save you time and increase your productivity.- Calculate depreciation using several different methods including MACRS, ACRS, Straight-line, and Double-declining balance.
- Automatically enters default live and depreciation methods for specified asset types.
- Enter asset information into just one screen.
- Automatically calculate mid-quarter conventions.
- Calculate depreciation with just one keystroke and more.
- Immediate time-saver: transfer data to the Write-Up module with a click of a button. You'll have the option to transfer monthly, quarterly, or annual depreciation entries. You can also transfer the asset information to Lacerte and ProSeries tax products.
Bank Reconciliation
Transfer your entries from other Intuit EasyACCT modules to the Bank Accounts/Reconciliation module to reconcile monthly bank statements quickly, saving you the time and effort involved in re-typing data.- Maintain bank account information for processing checks and electronic payments.
- Import book transactions such as cash disbursements, cash receipts, and deposits from the general ledger, payroll, accounts receivable, and accounts payable modules.
- Download bank transactions that are compiled on disk from the bank by using the Intuit EasyACCT import/export utility.
- Automatically match and clear entries.
- Track outstanding checks and deposits in transit.
- Produce detailed reports with the touch of a button-Bank Reconciliation, Proof of Cash, and various transaction listings.
Financial Amortization
If you lend and/or borrow money, or even sell products that are financed, the Financial/Loan Amortization module is at your service. It's also helpful for computing investment options.- Easily record additional deposits, balloon payments, draws from loans, and withdrawals from annuities.
- Calculate fixed or adjustable rates on mortgages.
- Save and recall amortization schedules easily.
- Perform calculations for annuity schedules and loan amortization immediately.
- Create and calculate "what-if" scenarios on-screen or to a printed report.
- Take advantage of options for payment scheduling.
- Calculate actual and ordinary interest automatically.
Trial Balance
Intuit EasyACCT includes an adjusted trial balance report that details the account number and description, along with the account balances for the selected date, the adjusting debits and credits, and the adjusted balances.Enter adjusting entries on the Transaction Data Entry screen in the Write-up module by using the transaction prefix "AJ." You can also enter adjusting entries in Recurring Journal and General Ledger Transfer from Depreciation. These adjusting journal entries appear on several reports including the new Adjusted Trial Balance report.
Windows-Based Accounts Payable and Accounts Receivable Modules
The Accounts Payable module allows you to enter and track invoices, write individual or batches of checks, manage discounts, and more.- Pay an unlimited number of invoices at one time.
- Enter after-the-fact checks or quickly write checks directly from transaction entry.
- Include itemized detail on check stubs.
- Allocate invoices to an unlimited number of expense accounts.
- Set up flexible payment terms for each vendor.
- Print a variety of detailed reports including aged listings, cash requirements, open item listings, and more.
The Accounts Receivable module allows you to enter invoices, quotes, and payments to accurately track your client's activity.
- Make Automatic postings of A/R transactions or returns to the General Ledger.
- Generate and print invoices and quotes for cash.
- Open invoice or balance forward clients.
- Receive and apply payments.
- Generate recurring invoices automatically.
- Apply service charges.
- Print a variety of detailed reports, including Aged Listings, Customer Transactions History, statements, and more.
Payroll
Intuit EasyACCT allows you to automate your payroll services with automatic check-writing activities across batch, "live," and after-the-fact payroll.Process W-2s, W-3s, 940s, 941s
- Calculates and prints fileable W-2, W-3, 940, and 941 forms.
- Provides Form W-2 in several formats, including preprinted laser forms, laser-generated forms, and continuous feed forms.
- Print forms and reports even after closing the year: Intuit EasyACCT maintains two years of payroll information.
- View and edit 940 and 941 forms on-screen before printing.
Process W-2/1099 with electronic transmissions
- Easily generates W-2s and 1099s using the Information Return System (IRS) based on data maintained in Intuit EasyACCT. The Information Return System also creates transmission files for both W-2 and 1099 forms that can be processed electronically via modem.
21 available SUTA States
- The Special Reports modules are designed to calculate and print fileable unemployment tax returns for 21 different states. Intuit EasyACCT automatically calculates the state unemployment tax when you print payroll checks, or when you run a payroll journal.
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SUTA states available in Intuit EasyACCT: Arizona, California, Colorado, Florida, Georgia, Illinois, Louisiana, Michigan, Minnesota, Missouri, North Carolina, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, Tennessee, Texas, Virginia, Washington, and Wisconsin.
- In addition to the Special Reports modules, EasyACCT provides SUTA worksheets for all 50 states.
Electronic Payroll Tax Deposits
- Print a tax deposit check for the company's payroll taxes using the Batch Payroll module. You can also make a direct deposit from your client's bank into their employees' bank.
Direct Deposit
- Allows you to electronically deposit payroll directly into the employee's bank account. You can also make a direct deposit from your client's bank account into their employee's bank account. After you set up the company to use direct deposit and begin processing payroll, EasyACCT generates an advice that can be printed and given to the employee as a record of the deposit.
Automatic accrual of paid time off and 401(k) employer matching
- Automatically calculates and accrues employee time-off benefits, based on specific dates or hours worked.
- Set up as many as ten different accrual items for each company, such as vacation or sick time. Then, assign up to four accrual items to each employee. The accrued time-off benefits are posted to the general ledger when you run a payroll journal.
- The Employer Matching feature automatically calculates and accrues employer contributions like 401(k) or similar matching benefits.
- Assign up to three benefits per employee in the Batch Payroll module, and calculate the contribution as a flat amount or a percentage of the employee's contribution.
Customized Financial Statements and Powerful Reports
Intuit EasyACCT provides numerous built-in financial statement formats: you can choose from standard current-period financial statements, multiple-period comparative statements, budgetary statements, statements with or without percentages, and more.You can easily tailor the financial statements to your specific needs by choosing from several printing options: you can print a cover page, insert page numbers, and even adjust alignment of descriptions.
The Automatic Report Design option gives you even greater flexibility, allowing you to easily customize your financial statements by changing fonts, adding sub-schedules, inserting a message line, and more.Powerful Integration with Lacerte, ProSeries, and QuickBooks
To save valuable time, transfer both prior and current year general ledger and asset data to both the Lacerte and ProSeries tax programs. The QuickBooks Transfer Utility not only allows you to transfer vendor information and general ledger transactions; it now also allows you to transfer payroll and employee information from QuickBooks financial software, including wage and withholding detail, W-2 codes, and state and federal tax codes.FAQs
How much does Intuit EasyACCT cost?Does Intuit EasyACCT integrate with QuickBooks so I can work faster with my clients' files?Do you offer SUTA state reporting?Am I limited to the financial statements Intuit EasyACCT provides or can I customize my own?Does Intuit EasyACCT provide for forms processing?Am I able to buy just the modules that I need?Are the payroll tax updates included?What types of payroll does Intuit EasyACCT handle?Is there an end-user version for my clients who want to do their own payroll or check writing?What kind of help or training is available to help me get the most out of the Intuit EasyACCT software?Q: How much does Intuit EasyACCT cost?
A: While Intuit EasyACCT Professional Series software is a comprehensive and professional-grade accounting program, it certainly doesn't carry the expensive price tag like others in its class. Unlike many accounting packages where you pay thousands of dollars for each module, with Intuit EasyACCT you pay one price for one comprehensive program. To learn more about EasyACCT, get pricing, or to place an order, call 1-888-236-9501.
Q: Does Intuit EasyACCT integrate with QuickBooks so I can work faster with my clients' files?
A: Yes, Intuit EasyACCT allows you to quickly and easily transfer vendors, general ledger transactions, payroll and employee information from QuickBooks financial software, including wage and withholding detail, W-2 codes and state and federal tax codes.
Q: Do you offer SUTA state reporting?
A: Yes. Intuit EasyACCT includes 21 SUTA state special reporting forms at no additional cost, as well as SUTA worksheets for all 50 states.
Q: Am I limited to the financial statements Intuit EasyACCT provides or can I customize my own?
A: The financial statements in Intuit EasyACCT are easily customizable, with several print and alignment options, various fonts, sub-schedules, message lines, and more.
Q: Does Intuit EasyACCT provide for forms processing?
A: Yes, the Intuit EasyACCT Information Return System is included at no additional cost with the purchase of Intuit EasyACCT Professional Series. This module allows you to process dozens of forms for clients fast and easy, such as W-2s, 940s, 941s, 1099s and more.
Q: Am I able to buy just the modules that I need?
A: No, in order to provide EasyACCT to accountants cost efficiently, EasyACCT is only available as an all-in-one accounting solution. However, we do offer the Intuit EasyACCT Information Return System as a stand-alone product.
Q: Are the payroll tax updates included?
A: Yes, when you purchase the Intuit EasyACCT Professional Series accounting software, the federal, state and local payroll tax tables are available to install. Payroll tax table changes are available for downloading and are sent out periodically throughout the year.
Q: What types of payroll does Intuit EasyACCT handle?
A: Intuit EasyACCT Professional Series software handles live, batch and after-the-fact payroll. Learn more.
Q: Is there an end-user version for my clients who want to do their own payroll or check writing?
A: Yes. The Intuit EasyACCT Business System is designed specifically for your clients to manage their businesses. This program integrates with your Intuit EasyACCT Professional Series software, and is easy for clients to use.
Q: What kind of help or training is available to help me get the most out of the Intuit EasyACCT software?
A: While the Intuit EasyACCT program contains a program manual, easy-to-follow video tutorials and Help menus, Intuit also provides training to help customers maximize the benefits of the program. Learn more about Intuit EasyACCT training options.
System Requirements
Recommended System Requirements
- Computer: Pentium 4, 2.0 GHz or faster
- Memory: 1 GB RAM or more
- Hard Disk Space: 2 GB or more
- Operating System: Windows XP Pro Service Pack 2
- Monitor: 19" with screen resolution of 1024 x 768 or higher
- Printer: HP LaserJet Series IV Plus or higher with 32 MB RAM
- CD-ROM Drive: 32X CD-ROM or faster
- Internet Connection: High-speed, such as T-1, DSL, or Cable/Broadband
- Internet Browser: Internet Explorer 6 or newer with 128-bit encryption
- Audio: Sound Blaster or compatible audio card (only required for video help)
- Firewall: N/A
- Backup: N/A
Minimum System Requirements
- Computer: Pentium 3, 700 MHz or other comparable processor
- Memory: 512 MB RAM (XP requires 512 MB RAM)
- Hard Disk Space: 600 MB
- Operating System: Windows 2000, or XP (Pro and Home) with the latest service pack
- Monitor: 15" with screen resolution of 800 x 600
- Printer: HP LaserJet Series IV Plus with 8 MB RAM
- CD-ROM Drive: 16X CD-ROM or faster
- Internet Browser: Internet Explorer 5.5 with 128-bit encryption
Network Supported
Novell Netware with latest updates (Excludes Linux), Windows 2000, XP, 2003, Microsoft Small Business ServerSupport
Support for EasyACCT can be found here.
