PracticeBooksAccounting software for practices
Every client's books, kept properly, in one place.
PracticeBooks is the working ledger for an accounting firm: journals that go through review, bank reconciliations that tie out, an asset register that depreciates itself, and reports your clients can read in their own portal.
What's inside
Nothing you'd expect from an accounting system is missing, and nothing that only gets in the way of a practice has been added.
One login, every company
Each client company has its own chart of accounts, financial year and settings. Switching between them takes a click, and staff only see the companies they've been given.
Journals that go through review
Entries start as drafts, get checked, then get posted. Posted journals are locked; every change before that is kept in the history with who made it and when.
Bank reconciliation that ties out
Import statements, match them line by line to the ledger, and carry a clean reconciled balance into the next month.
An asset register that depreciates itself
Straight-line or diminishing value, calculated per asset for the period and journalled for you, with a schedule ready for the year-end file.
Reports you can hand over
Profit & Loss, Balance Sheet, trial balance and depreciation schedules, prepared from the posted ledger and exportable for working papers.
A portal for your clients
Clients sign in to see their own reports and nothing else. No more emailing PDFs back and forth.
How a month closes
The system is built around the rhythm of a practice, so the checklist, the reconciliation and the reports all point at the same period.
Record
Staff enter journals as drafts against the right company and period.
Reconcile
Bank statements are matched to the ledger until the balances agree.
Review
A senior checks the drafts and the month-end checklist, then posts.
Report
Reports are produced from the posted ledger and published to the client's portal.
Who it's for
PracticeBooks was built inside an accounting practice, for the way a practice actually works: many clients, several years open at once, and more than one pair of hands on the books.
- Accounting and bookkeeping firmsRun every client's ledger from one place, with a month-end checklist per company.
- Partners and practice managersSee which books have drafts waiting, which reconciliations are behind, and who changed what.
- The firm's clientsSign in to a portal and read the reports their accountant has prepared.
Made in Fiji, for firms in the Pacific — and anywhere else books need keeping.
Hosted and backed up for you, with role-based access for staff and a full audit log of every change. If you'd like to see it with your own data, we'll set up a demo practice for you.
Questions
The ones we get asked most. For anything else, write to us.
What is PracticeBooks?
Web-based accounting software for accounting practices. Your firm keeps each client's books in one secure system — journals, bank reconciliation, fixed assets and financial reports — and clients can log in to a portal to view their reports.
Do I need to install anything?
No. It runs in the browser on any computer, tablet or phone. Your data is hosted securely and backed up for you.
Can more than one person work on the same client?
Yes. Staff accounts have roles that control what they can see and do, and every change is written to an audit log, so partners can review who did what and when.
How do I get access?
PracticeBooks is offered to accounting practices and their clients. Email [email protected] to arrange a demo or set up your practice. Existing users can sign in here.
Ready to move your practice online?
Tell us a little about your firm and we'll set up a demo practice for you.