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VIRTUAL CFO SYSTEMS Reviews 12 May 2016 • www.CPAPracticeAdvisor.com BEST FIT Accounting CS fts best for frms that want to deploy a completely integrated accounting practice system with the CS suite of applications. Te more you can leverage the multitude of CS applications the higher the value to your frm through integration that results in more efcient workfows. STRENGTHS • Breadth of integrated accounting, tax and practice management applications • NetClient CS portal provides a feature rich web based client interface • Deep feature set for trial balance and fnancial reporting • Wel l su ited for cl ient w r ite-up engagements • Multiple sta f can work in client applications simultaneously • Only available through accounting frms POTENTIAL LIMITATIONS • Not available as a stand-alone applica- tion, requires access through NetCli- ent CS portal • Limited oppor tunit y to leverage the potential of integrated 3 rd party industry specifc applications SUMMARY & PRICING Due to the number of variables that impact the pricing: applications selected, number of users, number of clients, etc., you will need to contact Tomson Reuters directly for a customized pricing quote. cs.thomsonreuters.com BEST FIT Xero is well suited for all types of small businesses. Te core system provides all of the basic bookkeeping functions that every business needs. Te extensive catalog of 3 rd party add-on applications facilitates adapting Xero to meet the unique needs of many diferent types of client businesses. STRENGTHS • Simple and intuitive interface for any small business owner to grasp • Easy to read K PI dashboard that focuses on the basics • Direct feeds from banks and credit card services • Credit card payments accepted • Accountants program that provides extensive training and marketing tools • Extensive catalog of third party add on applications POTENTIAL LIMITATIONS • Lack of direct integration with ta x preparation sofware • Additional payroll subscription fees for organizations with more than 10 employees SUMMARY AND PRICING Pricing starts at $9 per month for the Starter edition, $30 per month for the Standard edition and $70 per month for the Premium edition. All three plans include unlimited users. Payroll add-on for 10 additional employees is $70 per month, 20 users is $90 per month and 100 users is $180 per month. Partner program is free and includes Practice Studio practice management sofware. www.xero.com Thomson Reuters Accounting CS Xero and Xero Partner Program Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12202425 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12202429 CPA Practice Advisor Presents 2016 ENSURING SUCCESS SAVE THE DATE DECEMBER 1, 2016 • 10 One-Hour Sessions • Live Streaming Conference • Cutting Edge Training from the Accounting Profession's Leading Visionaries CPA Practice Advisor is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have fnal authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www. nasba.org. There are no prerequisites on advance preparation required for this basic level internet-based group program. For more information regarding refund, complaint and program cancellation policies, please contact our offces at 800-547-7377.