When we implemented CS in our firm we changed from a homemade software to a total solution with great support. It was very exciting to be the first firm in the country that used this platform.

CS Professional Suite caused more problems than is solved.

Also, sometimes UltraTax does not allow hard input.

There will be times where it will crash for no apparent reason. I believe we just have so much housed within it and it gets stuck and quits.

The customer service is good however even if it is their software that is the problem they will charge you to fix their issues. We have had two sales teams and both teams have been horrific.

Consequently there was no real integration between products. CS overcame this problem.

The programming error in the software was a very basic error. They should be ashamed of themselves.

The knowledge library is very comprehensive and has everything we need. All checklists, forms, etc. are all there that we use at our firm.

Good integration between the various products.

This has caused some confusion and trouble with billing clients correctly. I am not sure why the programs are not using the same configuration for client IDs when they are made by the same company.

They charge for support on all products except UltraTax. Practice is becoming a dinosaur, and badly needs to be updated.

We use UltraxTax with Thomson Reuters. I had some questions about the software and was not able to find the answer online, I used the live chat customer service and they were able to help.

The integration between the products is top notch and so helpful. Most of the products are relatively intuitive to use.

In 2015, it made a significant error in my state filing. I was audited by the state, and based on the error that the software made, I owe the taxes plus $700 in penalties and interest.

It may be difficult to begin working with the software and no prior training/knowledge.

My firm uses the CS Professional Suite, including Workpapers, Fixed Assets, UltraTax, GoFileRoom, and Practice. Each software is perfect for our needs with extensive features included.

There is one negative however, the client IDs have to be set up slightly different in File Cabinet and Practice.

The program is so slow I lose hours of time waiting for an entry to register. The excel file import errors out and tells me the file is open in another location when its not.

The layout is very easy to maneuver around with, simple and easy to learn. Integrated software are easy to learn as well, they chose the best software to integrate with.

The system has the ability to be a valuable tool in the day-to-day functions of time management and the other modules set up within the Suite.

The software itself is a powerful tool. Coupled with the fantastic consulting teams who help us make it work best for our business.

Its great for a small to mid size firm who covers all facets of accounting.

I like how Thomson Reuters offers a variety of comprehensive products.

The software is very sophisticated but user friendly at the same and is constantly updated and improved.

Good software, wish it had some better features.

Customer Service was horrible. You could not talk to someone when you wanted to.

It was simple enough, even for a novice user like myself. The fact I could integrate it with my bank account and automatically enter expenses and raise invoices with my own branding etc. was great.

The single most annoying thing about it is the support.

The FreshBooks/Xero integration stopped working around 2017 (I don't know why; each company blames the other).

We were currently using Quickbooks, which had, at the time, very limited cloub-based capability. Xero looked great, was easy to use, and made it possible for our virtual team to work together.

I love how easy it is to sync bank feeds and reconcile transactions. I love the rule feature that allows me to set my routine transactions to the correct COA.

There is more information in the project tabs than what you can obtain in the report which is disappointing.

I believe Xero have captured a very nice niche of the industry with it's very business orientated user interface and simplisitic feel. It makes accounting somewhat fun for the business owner.

Ve not used the full power of Xero yet but so far it’s been great in helping me keep track of real time spending etc. It’s certainly an asset to the business and I’m learning more as I use it.

Finances are easier to keep up to date and more frequently, the software updates are seamless, the reports are great, the integrations are outstanding, and the service is super.

Every feature I need is an extra add on charge. The remember me at login does not work and I have to waste time with 2 step login every time I leave the computer for 5 minutes.

Xero has been a great experience for me. If you want software that can automatically allocate transactions when and where you need them to go, save yourself time and check out Xero.

Great software, price is affordable for small businesses.

Xero is easy to use (with a little direction perhaps) and it's been great for invoicing, payroll, and tracking our finances.

Easy to share with accountants. A thoughtful social enterprise discount given too.

And there are odd glitches in the reporting (cannot recall all the details now, I only have one client left using this app) that I had to watch out for.

Appalling Software - Avoid at all Costs in My Opinion.

Canadian Dollar

CS Professional Suite is on-premise and cloud tax and accounting solutions that help streamline workflows and enhance profitability across all organizational operations. Designed for small to large businesses, it provides several modules that help automate a variety of tasks inside and outside the businesses.


Key features of CS Professional Suite include modules for accounting, auditing, taxation, payroll, document management, website design and online client services. Additionally, it provides advisory services to transform business growth via consulting and content strategies.


CS Professional Suite provides native mobile applications for iOS and Android devices. The prices of the product are available upon request. Customer support is provided over the phone and via online methods.



LongDescription

Forecasting

Time Tracking

Project Management

Client Portal

"What If" Scenarios

Client Management

Staff Management

Document Management

For Accountants

Accounts Payable

Accounts Receivable

Financial Reporting

Compliance Management

Contact Thomson Reuters for pricing details.

24/7 (Live Rep)

Chat

Self-Employed

2-10

11-50

51-200

201-500

501-1000

1000+

CS Professional Suite

In Person

Live Online

Webinars

US Dollar

Xero is a global small business platform with 3.95 million subscribers which includes core accounting, payroll, workforce management, expenses and projects. Xero also has an extensive ecosystem of connected apps and connections to banks and other financial institutions, helping small businesses access a range of solutions from within its open platform to help them run their business and manage their finances. Xero is a FIFA Women’s Football partner.

About Xero accounting software 

Xero provides small business owners, accountants and bookkeepers with powerful online accounting software and access to up-to-date financial data. It’s designed to make life better for small businesses, their advisors and communities around the world. It connects businesses with their bank, their advisor, accounting tools, payment services and third-party apps, so everything is securely available at any time, on any device. 
Benefits for small businesses
Xero’s beautiful, easy-to-use small business accounting software automates and streamlines many day-to-day tasks, including bank reconciliation, quoting, invoicing, making and collecting payments, tax, managing employees, expenses, projects and payroll. Businesses can view  up-to-date numbers on the Xero dashboard, in reports, and in analytics. It’s easy for businesses to see how they’re tracking, stay in control of cash flow and make informed decisions. 
Because Xero is cloud-based, businesses can work with their data easily from anywhere as well as collaborate with their accountant and bookkeeper. Many features are available on mobile, so people can run their business on the go.

Support and learning

Xero’s offers free 24/7 support, learning, and discussions at Xero Central, backed by a team of expert support staff. Customers are also invited to put forward and vote on product ideas.

Responsible data use commitments

Xero takes a defense-in-depth approach to protecting its systems and customer data. Data is protected by multiple layers of security, including encryption when it’s transferred and stored, and subject to strict privacy controls. Xero uses multi-factor authentication; software updates are free; and Xero does regular data backups.
Xero is certified as compliant with ISO/IEC 27001:2013, complies with the Payment Card Industry Data Security Standard, and produces Service Organization Control (SOC 2) reports.

Xero App Store

Xero connects with more than 1000 third-party apps designed to solve everyday business challenges, get data flowing between Xero and other apps, and provide a more complete view of how a business is performing. The Xero App Store is the place to easily find, try and connect apps that are certified by Xero and reviewed by users.

Pricing plans and free trial

Xero offers a free trial of its accounting software for 30 days, and a range of pricing plans designed to suit different needs. Subscriptions to Xero are invoiced monthly. 
 Accountants and bookkeepers get free access to Xero online accounting software and to Xero HQ when they sign up (for free) as Xero partners.
Xero for accountants and bookkeepers
Accountants and bookkeepers gain access to smart practice management software with tools for streamlined workflows, efficient compliance, and a cloud-based single accounting ledger for every client. They can collaborate within Xero with their colleagues or with clients, automate manual tasks, and access client records at any time. 
Xero’s integrated practice management software includes Xero HQ, Xero Practice Manager, Xero Workpapers and Xero Tax. 

Xero the company

Xero is a global company with offices in seven countries and over 3.95 million subscribers. It’s a leader in online accounting across New Zealand, Australia and the United Kingdom, and has won multiple awards for its software and services. Xero is listed on the Australian Stock Exchange (ASX).

Document Templates

Revenue Recognition

Cataloging/Categorization

Product Identification

Case Management

Tax Management

Purchase Order Management

Electronic Payments

Invoice History

Status Tracking

Payment Processing

Multi-Channel Management

Price/Margin Management

Recurring/Subscription Billing

Due Date Tracking

Asset Accounting

Customizable Reports

Document Storage

Access Controls/Permissions

Activity Tracking

Vacation/Leave Tracking

Nonprofits

Charting

Progress Tracking

Job Costing

General Ledger

Bank Reconciliation

Financial Analysis

Mobile Payments

Contract/License Management

Ad hoc Reporting

Retail Inventory Management

Financial Management

Order Management

Project Billing

Credit Card Processing

Invoice Management

Transaction History

CPA Firms

Approval Process Control

Customizable Invoices

Cash Flow Management

Customer Database

Calendar Management

Reorder Management

Shipping Management

Accrual Accounting

Automated Quoting

Template Management

Warehouse Management

Data Import/Export

Automatic Billing

Inventory Optimization

Accounting

Email Templates

Consolidation/Roll-Up

Self Service Portal

Duplicate Payment Alert

Contact Management

Audit Trail

For Government

Overrun Reporting

For CPA Firms

Hourly Billing

Multi-Currency

Mobile Access

Online Payments

Cost Tracking

Fixed Asset Management

Online Invoicing

Sales Reports

Inventory Tracking

Dunning Management

Real Time Data

Overpayment Processing

Billing Portal

Vendor Management

Expense Claims

Tax Calculation

Multi-Company

Sales Tax Management

Pricing Management

Wage Garnishment

ACH Payment Processing

Project Accounting

Email Management

Tax Compliance

Budgeting/Forecasting

Expense Management

Asset Tracking

Activity Dashboard

Invoice Processing

Alerts/Notifications

Multi-Country

Early: $5.50/month
Growing: $16/month
Established: $31/month

CS Professional Suite vs Xero

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Product Demo & Screenshots

Advisor Recommendations & User Awards

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