Wolters Kluwer now integrates CCH Axcess Financial Prep with Xero

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Wolters Kluwer Tax & Accounting in North America has announced that its CCH Axcess Financial Prep software now integrates with Xero’s accounting software. The integration uses Xero’s programming interface to allow client data to flow directly to CCH Axcess Financial Prep, removing the need for manual export or import. This news comes in time for tax season 2019.

CCH Axcess Financial Prep is the end-to-end trial balance solution aimed at eliminating the manual process of grouping accounts and creating tax reports. Foundational to the platform is removing the duplication of efforts in managing clients and staff in more than one solution. Key benefits of CCH Axcess Financial Prep include intelligent account grouping, which eliminates steps to group trial balance accounts and assign tax codes; CCH Axcess tax integration to aid in the completion of business tax returns; and team collaboration, which makes Financial Prep accessible anytime with real-time updates.

“This partnership is all about bringing the power of Xero and CCH Axcess Financial Prep together to automate the flow of data between accounting and tax prep solutions,” said Herman Man, vice president of product for Xero Americas, in a statement. “This API integration means that accountants can transfer the data they need from Xero into CCH Axcess with the click of a button, saving them time on administrative tasks so that they can focus on providing insights and advice to their clients.”

“With our open integration platform, professionals can use the tools directly within CCH Axcess to easily integrate client account data, allowing them to spend less time completing tax returns and more time advising clients,” added Jim McGinnis, executive vice president and general manager of Wolters Kluwer Tax & Accounting North America, medium and large firm segment. “An integrated relationship between client data and our tax preparation software means we can deliver automation tools such as predictive intelligence to drive the professional’s strategic advisory services.”

To learn more, visit: https://taxna.wolterskluwer.com/professional-tax-software/axcess/financial-prep.

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