Many accountants have made the investment in a write-up package. With this investment already made, they often use the write-up software even when it may not be the best tool for the task.Many accountants think of trial balance software as a subset of write-up. After all, the ultimate product of both applications is a set of financial statements. The intent of each application, however, is usually quite different.
For many accounting practices, a write-up engagement consists of capturing the initial financial transactions (checks and deposits) to produce the original books of record, in addition to a set of adjusted financial statements. These may or may not be used for other tasks, but the output of a write-up engagement is usually not carried forward into a review or audit engagement, though it may be used to prepare the client's tax returns.
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