Eureka! Software’s Time Recording application is a comprehensive time recording and billing system for accountants and professional services of all sizes. It runs as a Windows standalone or multi-user application (cloud version also now available) and comprises the following components:
Eureka! provides the flexibility to enter time from diaries, or other time records, daily or weekly by an individual member of staff. Alternatively, there’s a network option so that staff can enter time as they work (in real time). Management controls in the software ensure that the time entered is accurate.
Posting information can be entered in summary or detail, right down to custom descriptive narrative per line, if required. New clients and work types can be entered when entering time, so that there’s no need to abort time recording and start again. Mistakes can be rectified easily on screen.
Work in progress can be monitored in many ways. Reports can be viewed, printed or output to PDF, XML or CSV files for further analysis.
Eureka! incorporates highly flexible billing. Having reviewed the work in progress, there are six main ways to bill:
Written off work in progress is not lost from the system, it’s stored against an invoice number and therefore a complete history of the client’s billing is always retained. Also, a fully automated invoice can be produced from Eureka! at the point of billing if required. A fully integrated fees ledger system then helps to keep track of invoices, receipts and statements.
Take full control of your business, from client costs versus charges, to staff analysis and performance. Most importantly, see a full breakdown of clients’ under/over recoveries, from individual work type (e.g. accounts) through to the whole job.
A sample of reports available:
Eureka! not only produces client lists and client telephone lists but also presents a complete picture of continuity of phone calls and discussions with clients. Information can be stored against clients in note form and call back dates can also be entered. Letter and label production is also made easy, as specific criteria can be set up e.g. print off labels to receive a Christmas card or newsletter etc.
Also incorporated is a comprehensive client monitoring and tracking system, which provides options for setting up your own criteria e.g. tax return in, client’s books received etc. A fully automated process then produces important management and control information for your business.
An integrated fees ledger system helps keep track of payments and client accounts:
