Partnership accounting software

Partnership accounting software

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I work for a legal firm, each year in the last couple of months before our yearend we forecast the partner distribution and the net figures due to each partner. We forecast tax and other charges to give us the net figure payable in the distributions over the next year. We have a constantly changing model over the year which on an excel spreadsheet has a lot of potential problems. We have a number of different requirments for these figures includes forecasts for tax and current account balances for individuals and the firm as a whole. Partners are constantly requesting these balances and updates.

Does anyone know of a piece of software which can produce this information?

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By redboam
11th Dec 2013 09:38

Forecasting Software

We are using figurewizard for client forecasts which are principally aimed at companies though. It does however give comprehensive forecasts including for profits, cash flow, operating cash flows, vat and corporation tax. Entering estimates is simple and doesn't take half the morning to produce the forecasts.

http://www.figurewizard.com/Calculation_of_Corporation_Tax.html

 

 

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