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Payroll

Thomson Reuters — Accounting CS Payroll

Steven M. Phelan

Aug. 12, 2011

thomsonreuters_10331441

800-968-8900

CS.ThomsonReuters.com 

 

2011 Overall Rating 4.75

 

Best Fit

Accounting firms who use the Accounting CS application to work with clients on payroll and bookkeeping, as well as accounting professionals who use other CS Professional Suite tools for accounting, tax or document management.

Strengths

  • Uses combination of SaaS & hosted technologies to facilitate collaboration between clients & accounting professionals; integrates with Virtual Client Office & Virtual Office CS.
  • Part of the Thomson Reuters CS Professional suite of applications, which offers a wide range of productivity solutions for accounting professionals who serve multiple clients.
  • Existing payroll reports can be modified & custom reports created to meet almost every reporting need. Reports can be seamlessly exported to PDF, Excel, be made available to clients via client portals, or stored in FileCabinet CS.
  • Payroll data can be imported from QuickBooks or Excel; time data can be brought in from Thomson Reuters web portals, time clock or Excel files. W-2s created with Accounting CS Payroll are automatically imported into client tax returns in UltraTax CS.

Potential Limitations

  • Does not interface with accounting software other than Accounting CS, QuickBooks or Excel.

SUMMARY & PRICING

Accounting CS Payroll is an effective solution for accounting professionals who rely on the Thomson Reuters CS Professional Suite of products or who process a large volume of payroll clients. With the ability to quickly maneuver between client files and process multiple client files at once, Accounting CS Payroll is an attractive tool for accounting professionals. Pricing starts at $1,800 for an initial purchase and allows payroll processing for up to 20 client files. Additional payroll processing may be purchased in five-client bundles. Annual renewal prices for support and updates start at 20 percent of the original purchase price.

Product Delivery Methods

_X_ On-Premises

_X_ SaaS

_X_ Hosted by Vendor

 

Basic System Functions 4.75

Reporting & Monitoring 4.75

Integration/Import/Export 4.5

Help/Support 4.5

Client Self-Service Features 4.75

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