MyWorkpapers is working hard to address a growing problem that accountants and auditors face with technology, with its upcoming release Dual Coding.<\/p>\n
Currently in the final stages of development, this new feature will allow firms to quarantine their digital general ledgers to retain control of their chart of accounts (COA) and client data.<\/p>\n
As many firms have moved their accounting processes to various bookkeeping and accounts production solutions, they have discovered transferring client data increasingly challenging.<\/p>\n
\u201cBusiness owners looking to switch accountant or accounting software, are increasingly finding it harder to move their important COA data around,\u201d explains Stephen Burgess, Chief Revenue Officer at MyWorkpapers.<\/p>\n
\u201cThis is equally frustrating for accountants, who want to deliver the best possible service and technology to their clients but aren\u2019t easily able to do so.\u201d<\/p>\n
MyWorkpapers’ smart Dual Coding feature effectively retains a current backup of this key information within its digital working papers.<\/p>\n
This gives accountants and auditors peace of mind that they can access this critical data regardless of the platform they or their clients choose to use.<\/p>\n
\u201cHaving listened to many firms, we feel that this innovation is the right step and allows accountants and their clients to take back control of their data and processes,\u201d added Stephen.<\/p>\n