AccountsPrep is a monthly AutoEntry add-on for accountants and bookkeepers to prepare yearly accounts for any client without a digital ledger. This means you can use AutoEntry to upload your data and AccountsPrep to create a trial balance to output to final accounts production.
📎NOTE: AccountsPrep is best suited for clients who don't have a ledger or an accounting software. It's not designed to replace accounting software such as Sage Accounting.
How does AccountsPrep work?
Use AutoEntry to scan and upload your data such as your expenses, sales and bank statements. You can then import the data directly into AccountsPrep, and fast code your transactions against your nominal ledgers.
You can also upload and manage lists of cheques and deposits to reconcile them with your bank. Finally you can create standard journal entries to complete your accounts.
After you post all your entries you can generate a full range of reports such as P&L, balance sheet, trial balance or tax report. You can also export your reports into different formats compatible with major software providers such as Sage AP, CCH, IRIS, or Relate.
Other functionalities
Other functionalities
Multiple bank/credit card accounts
Bank account transfers
Split transactions - You can split a single bank payment into multiple lines (nominal/tax codes etc.)
Duplicate checks
Three methods of journal entry
Import of opening balances
Full integration with the AutoEntry Sales and Purchases inboxes
Multiple periods - This includes automatic roll-forward of the TB into the next period
Up-to-date chart of accounts and export formats to match accounts production software
Analysis tags - Tag your transactions for more reporting insight
For more information about AccountsPrep visit autoentry.com/accountsprep.
How do I add AccountsPrep?
To add AccountsPrep, you need to sign up for a monthly subscription from your AutoEntry account.
After you subscribe, you can then integrate your clients from AutoEntry and access their AccountsPrep account from the AutoEntry list.
For pricing information and to book a demo visit autoentry.com/accountsprep.
Other FAQs
Can I use AccountsPrep if I'm not an accountant?
Can I use AccountsPrep if I'm not an accountant?
AccountsPrep is only for accountants and bookkeepers to prepare accounts for clients who don’t use a ledger. Businesses normally use an accounting package such as Sage Accounting.
Which AutoEntry subscriptions does AccountsPrep work with?
Which AutoEntry subscriptions does AccountsPrep work with?
AccountsPrep works perfectly with all AutoEntry subscription tiers.
Can I use AccountsPrep without an AutoEntry subscription?
Can I use AccountsPrep without an AutoEntry subscription?
AccountsPrep is only available as an add-on for an active AutoEntry subscription. You can only use it from AutoEntry.
Do I pay for AccountsPrep using my AutoEntry credits?
Do I pay for AccountsPrep using my AutoEntry credits?
No, AccountsPrep is a monthly subscription and is separate from your AutoEntry subscription.
Does AccountsPrep have a free trial?
Does AccountsPrep have a free trial?
There’s no trial available for AccountsPrep. However, if this product isn’t the right solution for you, you can cancel before the renewal billing date.
How many clients can I process?
How many clients can I process?
You can process as many companies as you want at no extra cost, just like you can as part of your AutoEntry subscription.
Once you add AccountsPrep to your subscription, all you pay for is the data you extract within AutoEntry, and your monthly AccountsPrep subscription.
Further help for AccountsPrep
View our collection of guides on how to use AccountsPrep.