Living Trial Balance
Real-time living trial balance for proactive tax and accounting work.
Executive Summary
Once Accounting's Living Trial Balance, powered by BaCo Tech, is a middleware solution designed for CPAs. It seamlessly gathers client's Sage Accounting information in real-time, providing a single, centralized hub for managing all client financial data. This real-time access enables accounting professionals to move beyond reactive tasks and engage in proactive tax and accounting work. By offering a 'living' trial balance, the solution ensures that CPAs always have the most up-to-date financial picture of their clients. This capability is crucial for timely tax planning, accurate financial reporting, and identifying potential issues before they escalate, ultimately enhancing the efficiency and strategic value of accounting services.
Use Cases
- Proactive tax planning and strategy development
- Real-time monitoring of client financial health
- Streamlined client data management for accounting firms
- Enhanced efficiency in tax preparation and accounting workflows
- Early identification of potential financial discrepancies or issues
Features
Visibility
- Real-time Trial Balance: Provides an always up-to-date view of client financial data directly from Sage Accounting.
- Centralized Client Hub: Offers a single platform to manage and monitor all client's accounting information.
Intelligence
- Proactive Tax & Accounting: Enables CPAs to perform forward-looking tax planning and accounting tasks based on live data.
Technical Specifications
- Architecture
- Middleware architecture providing a living trial balance by connecting to Sage Accounting.
- Deployment
- SaaS
- API Available
- No
Integrations
- Sage Accounting
Pricing
- Target Customer
- SMB,Mid-Market
About Once Accounting
Once Accounting is a client integration platform designed for CPAs to manage client data. It seamlessly incorporates client records across multiple platforms into a firm's tax or accounting solution, offering patented tax return automation. The company was formerly known as BaCo Tech.