Tying Data to Analysis

Accounting Technology,  July, 2007  

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An important feature of most office software is the ability to integrate data from other applications. The companies with product suites are using those resources to provide additional data for use in the analytical applications.

Files for CCH's ProfitDriver can be stored and launched from ProSystem fx Document, while trial balance data can be extracted from ProSystem fx Tax, and tax data for multiple years can be imported for analysis.

ProfitDriver provides a one-page scorecard to illustrate a client's financial position, while the application's Xpert helps explain financial statement ratios and results.

The system also provides a budget versus actual calculation, including the ability to enter actual ...