Today, Best Software introduced its newest product for the accountant community, CPAPractice Manager – Time & Billing Edition.    This new product brings comprehensive time and billing capabilities to accounting firms with up to ten employees who have outgrown their current time and billing system, and are encountering difficulty finding a more robust and affordable solution to meet their burgeoning needs. CPAPractice Manager – Time & Billing Edition is built for smaller, growing firms with up to 10 employees, and is an affordable, easy-to-use solution for them to effectively manage their practices, that also provides a clear migration path to Best Software’s #1 rated CPAPractice Manager standard edition.

“With the introduction of CPAPractice Manager – Time & Billing Edition, we are fulfilling growing accounting firms’ need for a comprehensive, yet affordable time and billing solution, built not just for their current needs, but to accommodate their future growth,” said Ray Jimison, general manager, CPASoftware products. “This new product offers everything small firms need to manage their practices now, and provides scalability for them as they grow and their needs dictate a complete and wide-ranging practice management system, such as CPAPractice Manager.”

CPAPractice Manager – Time & Billing Edition provides powerful time entry, billing and invoicing features, and accounts receivable and reporting capabilities. Competitive advantages over other products at this level include due date monitoring, client contact management, electronic document storage into CPADocument Manager, and revenue and payroll integration to other CPASoftware products, as well as the Best Software MAS family of accounting products and Abra human resources. CPAPractice Manager – Time & Billing Edition offers a seamless migration path to the #1 rated CPAPractice Manager standard edition, when the firm’s needs expand beyond time and billing and require full practice management capabilities.

Capabilities in CPAPractice Manager – Time & Billing Edition include:

Time and Expense Entry: Intuitive time entry tools provide employee management information at a glance.

Billing and Invoicing: Easy to use, feature-rich billing capabilities and easy on-screen invoice entry, editing, and formatting.

Contact Management: Quick access to a variety of client information with this on-screen inquiry and analysis tool, including such items as the last payment or invoice date, prior invoices, client notes, and client due dates.
Accounts Receivable: With this module, CPAs can manage all of their accounts receivable needs, including finance charges, emailing or printing statements, and generating dunning letters.

Reports and Report Wizard: Report creation is simple with the Report Wizard feature. Accountants can also utilize a host of standard reports relating to the firm, clients, and employees.

Pricing and availability
CPAPractice Manager – Time & Billing Edition is currently available direct from Best Software, by calling 800-272-7123. Pricing varies based on number of users, ranging from $399 for 2 employees, to $695 for 5 employees, and $995 for 10 employees.