The accountant toolkit
Help clients work in real-time with the very best assured advice, powered by high-quality and accurate data.
Precision's toolkit is packed with functionality to help you clean, track, analyse and prioritise your accounting data.
Our Insights feature can identify duplicate contacts quickly and easily using Precision's machine-learning aided algorithm.
Precision can identify mis-coded invoices and transactions based on contact history, to make sure everyone's keeping track correctly.
Integrate Precision into your processes by building a custom list of checks using Focus, and assign them to a team member to run through and check off.
Pivot, group, filter and sort client data using powerful pivot tables in our sandbox, directly in your browser. Take action quickly - records in Precision have links straight to the relevant spot.
Save your sandbox configurations as Custom Reports, then share them with your team. Run those reports across any of your clients, or export to excel on demand.
Keep track of any Locked Period changes, and ensure upkeep of Lock dates ahead of important reporting periods.
This AI-powered insight learns your payment patterns and identifies any unusual transactions for checking.
Quickly and easily locate any changes made in a period since a certain date, to keep those numbers adding up.
Track Corporation Tax and VAT, run through checks on key VAT account codes and make sure you're within your scheme thresholds.
Run a client through Precision and get a thorough idea of their bookkeeping needs and business size from the very beginning, for a fair quotation and no surprises further down the line.
When tax season rolls around, use Precision's VAT Return Checks to identify high value transactions, review account and tax codes codes and performance against scheme thresholds.
Use Precision's Client List, Practice Dashboard and VAT Dashboard to view information across all your clients at once. See at a glance health scores, cash position, and who has paid VAT.
The HealthScore is a great way to get ready for management reports or filing. Or have a bit of fun and motivate your team and clients by rewarding high health scores!
Use Precision's workflow builder to set up a recurring check-in with your clients; review their books, business performance and upcoming liabilities on a regular basis to ensure success.
You can view your clients activity updated on a daily basis; use client transaction and sales performance to inform pricing reviews and make sure you're paid for the work you do.
Each client has an overall health score that instantly allows you to prioritise which accounts need attention. Know the state of your clients’ books at a glance for onboarding, pricing and upskilling your team.
Never let a client slip through the cracks again. Precision's Practice Dashboard provides a way to quickly view and create reports based on KPI's across all your clients at once, meaning you can raise and fix any issues before they become a problem.
Using the historical changes insight, you can now see if anything has changed within a certain period after the reporting close date. After identifying what has changed and when, you can rectify immediately.