Accounting firm seeks alternative to Thomson Reuters Accounting CS and Workpapers CS that can handle multi-entity intercompany transactions automatically.
Existing solutions either lack automatic multi-entity intercompany transaction processing (Accounting CS) or are used as separate workaround (Gravity) because they are not integrated with the main accounting system, causing data fragmentation.
Workarounds Described
- Uses Gravity software separately for multi-entity clients because Accounting CS can't handle intercompany transactions automatically
Implied Software Gaps
- Accounting software should natively support multi-entity intercompany transactions in a single database with aligned GL accounts
UniLedger Multi-Entity
A cloud accounting suite that consolidates multi-entity accounting with automatic intercompany eliminations and a unified chart of accounts. It replaces both Accounting CS and Gravity by providing a single database for all entities with built-in automation for intercompany transactions and workpaper management.
- Automatic intercompany transaction processing and eliminations
- Unified database with aligned GL accounts across entities
- Integrated workpaper management and audit trail
- Seamless migration and integration with CCH Axcess Tax
Existing Solutions Mentioned
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