TPS Software

Artificial intelligence (AI) is becoming increasingly prevalent in the accounting industry, with many accountants using AI-powered tools to streamline their workflows and improve their efficiency. While AI can be a powerful tool, it’s important to be aware of the risks and dangers associated with its use. In this blog post, we’ll explore some of the […]

Unless you’ve been living under a rock (which may well be the case during tax season), you’ve likely been hearing a lot about AI lately. Tools like ChatGPT have put Artificial Intelligence into the hands of the public, driving both excitement and trepidation. What can AI do? Who is it for? Is it even safe? […]

A Comprehensive Guide for Accountants Whether you’re an accountant working solo or at an accounting firm, own an accounting practice, or help to run or manage one, chances are you’ve heard about accounting practice management.  You can probably deduce from the title what accounting practice management is – a tool to help manage one’s accounting […]

As an accountant, it’s essential to have a well-defined workflow to ensure that your firm runs smoothly and efficiently. A proper accounting workflow helps you manage your time, resources, and clients effectively, allowing you to meet deadlines, increase productivity, and achieve better results. The workflow requirements for accountants can vary from simple to complex, depending […]

When did you last take the initiative to broaden your knowledge and skills as an accountant? Continuing education for accountants can lead to surprising benefits, learn more about them in this article. Naturally, accountants must complete continuing education– typically 120 CPE course hours every 36 months. And while this requirement ensures you maintain a fundamental level […]

Goodbye summer, hello TPS Cloud Axis New Features: August 2022!  We’re always looking for ways to improve TPS Software, listening to feedback from accountants like you, implementing your suggestions, and adding new tools and features. We hope you find this latest round of new options useful in running your accounting practice. Please note, that these […]

As an accountant, you always look for ways to optimize your time and billing practices. You want to accurately track your time so that you can bill your clients correctly, and you also want to find ways to save time to improve your efficiency. You may wonder if time tracking or value billing is the […]

In the world of accounting, data security is of the utmost importance. With constant access and storage of sensitive client information, accountants must take every precaution to ensure that their data is safe from potential threats. TPS Cloud is here for the accountants. However, the technology landscape is constantly changing, and new solutions are continually […]

Tax season for accountants has officially ended, with both Canadian and U.S. tax deadlines now passed. According to IRS, as of April 1st, 2022, over 63 million refunds were issued worth more than $204 billion. Tax season can be a nerve-racking and hectic time for accounting firms. Client demands suddenly shoot sky-high, and trying to […]

If you working in accounting, chances are you’ll appreciate these tax season memes for accountants! The 2022 tax season ended recently– for both our U.S. and Canada-based clients– and after 21+ years of serving accountants, we know what an exhausting time that can be! We hope you survived tax season reasonably unscathed, and have been […]

How They Improved Time Tracking, Expedited Billing, and Gained a Deeper Understanding of Firm Health.

Parms Company Finds a More Cost-Effective and User-Friendly Solution with TPS Software.

Is your accounting practice prepared for tax season?  If you’re thinking it’s a little early to begin preparing for the next tax season, think again. While the pandemic has pushed back tax filing deadlines for the past two years (and likely will again in next year), getting your accounting practice truly prepared will take more […]

Let’s be real, here. Accounting isn’t the most glamorous of industries. While your clients may recognize the necessity of having an accountant, they’re probably not that excited to schedule their monthly or quarterly meeting or to increase spending on accounting services.  Believe it or not, you can provide your accounting clients with an experience that […]

When you finally reach that stage where you no longer wish to continue working, it’s important that you have a plan in place

If your accounting firm is using our On-Premise version of TPS, you may want to consider upgrading to our cloud-based version, TPS Cloud Axis. Upgrading to TPS Cloud Axis is completely optional, and we encourage you to do what’s right for your firm. Since the launch of Cloud Axis in 2018, we have and will […]

The Technology Lab Podcast recently did a CPA Practice Management Software Review on both On-Premise Solution and TPS Cloud Axis, and we are really excited to share their feedback to you. The podcast’s main focus was on comparing our two products, On-Premise Solution and Cloud Axis. Both products are accounting practice management software that are […]

While awards are nothing new for us here at TPS Software, we still get a little giddy over each one. Receiving outside recognition is a way to confirm we’re achieving what we set out to do: simplify and optimize accounting practice management for our clients. K2 Enterprises is a continuing professional education platform for accounting […]

Time management and accurate billing are crucial for accountants to ensure they are compensated fairly. Implement these time and billing tips to enhance your accounting practice’s efficiency and profitability. Keep Track of Your Time Accurately tracking your time is fundamental. Utilize reliable time-tracking software to monitor every minute you spend on client accounts. This helps […]

What could be more exciting than accounting statistics? No, really. We’ve been serving accountants for more than 20 years and, as a result, we find the industry pretty dang interesting. We keep an eye on industry trends and patterns over time, pulling insights from conversations with clients and accounting statistics like these. Bob Dylan said […]

How has your accounting firm held up through the pandemic? In a survey conducted by Accounting Today’s parent company, Arizent, 62% of leaders said their firm’s productivity declined with more staff working from home. Nevertheless, 82% of firms were “very” or “somewhat” likely to continue allowing employees to work remotely after the pandemic.

Accounting firms need a management tool that can keep up with an evolving industry and marketplace. We are always listening to our clients at TPS Software to learn how we can evolve our technology to be of the best use to you. We’re proud to roll out our latest wave of updates, improvements, and new […]

It’s an unfortunate truth that accounting firms aren’t always the best at marketing. In the 20+ years we’ve been working with accountants, we’ve seen relatively few firms truly leverage the exciting marketing opportunities in our reach today. Perhaps that’s because accounting is seen by some to be a dry subject. Regardless, it’s an important one […]

A Workflow for a CPA Firm… Is it really necessary? CPA Firms operate in a fast-paced environment, where they must juggle clients, do the work, meet deadlines, and work collaboratively. With so many moving parts, it’s easy for the process to get skewed from person to person. Things start slipping through the cracks or take […]

Looking for tips to improve time tracking for accountants? Managing your own work schedule is one thing, but managing your time and your team’s time in a remote environment– potentially filled with distractions and less-than-ideal working conditions – is a completely different beast. The issue of time management is not unique to accountants, but it […]

As an accountant, you’re likely used to getting things done efficiently and don’t like to make mistakes. Does that sound like you? If so, selecting the proper accounting software is something you want to delve into only once and commit for life. We’ve outlined a few things to consider when looking for your perfect software match.

As February approaches, accountants brace themselves for what will be a particularly unruly tax season. The pandemic sparked extended deadlines and new tax relief options to navigate, and more people will be in need of an accountant to help sort it all out. We thought a touch of “niche humor” might be appreciated during these challenging times.

Are you currently using the On-Premise version of TPS Software and curious about TPS Cloud Axis– the online version of our accounting practice management solution? Many TPS clients have made the transition to Cloud Axis and it’s been serving them well. Here are frequently asked questions about transitioning to Cloud Axis and the steps you can take to make the switch.

Could COVID-19 inspire more freelance accounting? Accounting has not been unaffected by the COVID-19 public health and economic crisis. At least 17,500 tax and accounting jobs have been lost, according to a report by CPA Trendlines. Many who kept their job suffered pay cuts, with one firm reporting 5% to 14% pay cuts for employees making less than $100,000 annually. Accountants who lost their jobs or suffered pay cuts may find freelance accounting a viable option.

With the unique challenges that working from home– particularly amidst a pandemic– provides, even the most seasoned managers are struggling to keep tabs on their team and maintain productivity.