Search our Blog
RSS feed
AccountantsWorld on Twitter (@PowerAccountant)

The Most Important Letter Ever Written to Accounting Clients

You must be wondering what makes us claim this as the most important letter ever written to accounting clients. Here are the two prime reasons:

  1. This letter is most timely. Times like this come only every 20-30 years.
  2. I’m confident you’ll agree that the advice given in this letter will solve the most frustrating accounting problem small businesses have been facing for decades.

After reading the letter below, if you decide that you want to be able to give this valuable, timely advice to your business clients and reaffirm your status as their most trusted advisor, then call us at 888-999-1366 to find out how to get started.

DDIY—the Next Big Thing in Accounting

Also, we would love to hear your comments about the advice for your clients in this letter. Please drop us an email at


Dear <<First name>>:

Let me ask you a simple question - do your clients look up to you for good, timely advice that they can use in their businesses?

I’m sure they do, and I’m sure you live up to their expectations.

Now here is the tough question - when was the last time you gave important advice to all your business clients that delighted them?

It’s not important that you may not remember. What’s important is that here’s advice you can give your clients today that will delight them for years to come and reaffirm you as their most trusted advisor:

The advice is simple— DDIY, Don’t-Decide-It-Yourself. Let me help you.”

You must have given this advice many times in the past, but it’s a lot more valuable today for one reason: You may not have heard about the major announcement Brad Smith, Intuit’s CEO, recently made - within the next couple of years, Intuit expects to derive over 70% of its revenues from the cloud.

What this means is that Intuit wants to push you and your clients to use QuickBooks Online. Therefore, it is crucial that you know some important facts.

QuickBooks Online is a very different system than QuickBooks, so obviously it will require a steep learning curve. And what will your clients gain after going through this pain? Virtually nothing!

You know pretty well that doing any accounting work in-house is a major headache for most small business clients. Neither QuickBooks Online nor any other accounting software for that matter can make accounting painless for them. Only you—the accounting professional—can!

Now your firm can eliminate the need for your clients to learn QuickBooks Online, do any accounting work in-house, or manage an accounting or bookkeeping staff.

Wouldn’t most clients jump at this opportunity? You know they would.

Thanks to cloud-based Accounting Power from AccountantsWorld, you can now offer your clients high-quality, complete accounting services without having your clients incur any additional cost—while giving your bottom line a big boost!

What makes this possible? Using Accounting Power, now your staff can do what your clients’ staff does, only better, faster, and more accurately – all without leaving your office


Dr. Chandra Bhansali
Co-founder and CEO


Interview with Jeff Gramlich: Are You Ready for the Cloud?

AccountantsWorld president Jeff Gramlich discusses how accounting can address technology concerns around using cloud technology, in an interview with Accounting Today editor-in-chief Dan Hood.



The Cloud as a Game-Changer

"The cloud has changed the rules for everyone."  

Dr. Chandra Bhansali
CEO and Co-founder

Dr. Chandra Bhansali, founder of AccountantsWorld, describes how cloud technology will change the way accountants do business, in an interview with Accounting Today editor-in-chief Dan Hood.


The Most Important Cloud Term Every Accountant Needs to Know

That term is DDIY™, or Don’t-Do-it-Yourself. It creates a paradigm shift that is going to change the landscape of client accounting, and put accountants back in control of accounting.

So-called DIY (“Do-It-Yourself”) accounting programs that were sold directly to clients dominated the desktop era. Despite their marketing hype, the reality is that these programs rarely saved clients money, but they did cause unnecessary headaches for both accountants and their clients.

With DIY accounting programs, you had little control over what clients did, and your firm had to spend unnecessary, unproductive hours fixing the bookkeeping messes clients made. Because clients believe they’ve done most of the work, DIY accounting programs have also negatively impacted the perceived value of your services in clients’ minds. Obviously, your needs took a back seat in DIY systems -  after all they weren’t created for accountants!

Ask your clients if they like to do the accounting-related work they are doing. Most would be glad to offload that work to you. The problem is that with desktop solutions, offering complete accounting services is not efficient enough or profitable enough to make it worth your while.

The cloud has created a better model for client accounting—the Accountant-Centric model that puts accountants back in the driver’s seat. This innovation has enabled an important paradigm shift from DIY to DDIY

Unfortunately most cloud solutions are based on the current DIY model and they are sold directly to small businesses. Only the new breed of Accountant-Centric accounting systems, such as Accounting Power from AccountantsWorld, use the DDIY model.

With an Accountant-Centric cloud solution, without leaving your office, your staff can do what your clients’ staff does, only better, faster, and more accurately. That’s how you can offer your clients complete accounting services efficiently, at competitive prices, while earning higher profit margins.

Your firm can perform transaction entries, pay bills, perform general ledger and trial balance work, prepare fully customizable financial statements, manage cash flow, prepare budgets, and offer CFO services. With automated bank and credit card feeds, you eliminate a significant amount of data entry, as well.

This new DDIY model eliminates all of the challenges you and your clients face with the DIY model, and offers tremendous benefits to both you and your clients. It creates billions of dollars worth of new revenue streams for accountants, and raises your relevance, better serves your clients’ needs, and allows you to offer valuable services you could not offer in the past.

Clients will benefit as you eliminate unnecessary hassles so they can focus on doing what they do best, as well as from the additional advisory services you can offer them to help them grow their businesses.


What Makes It Possible?

The cloud makes it possible to offer a unified accounting system that includes everything you need for complete client accounting including - bookkeeping, write-up, trial balance, and customizable financial statements. Additional capabilities make it easier than you ever thought possible to monitor the fiscal health of all your clients. You are alerted if the system detects potential issues such as cash flow problems or mounting accounts receivables, and you can choose to have those alerts sent to your client’s smart phone, as well.

Unlike DIY solutions, Accountant-Centric systems are sold exclusively to accountants like you, and you decide how to use it for each client, giving you that much needed control over your accounting practice.

Imagine…you can now manage clients with different needs differently, tailoring the functions available to each client based on their abilities. For those clients who want to do some of the work themselves, you can give them access to the functions they can perform. For some, that access may be limited to writing checks and entering cash receipts, while for others, it may include accounts receivable, accounts payable, and even bank reconciliation. Once clients have completed their entries, your staff can log in and finish the work. It’s an ideal environment for collaboration with your clients – and the best part is that you remain in total control. 

The DDIY paradigm shift is an important development in client accounting that raises your relevance and your bottom line while offering better client service and eliminating the hassle clients face.

It’s a win-win for both you and your clients.

AccountantsWorld is offering accountants a variety of webinars to show how you can benefit from DDIY paradigm shift. Click below to attend one of the webinars.

DDIY—the key to a thriving accounting practice.


AccountantsWorld makes significant enhancements to ACCOUNTING POWER® with primary focus on mobility and complete accounting.

November 13, 2014 — AccountantsWorld, a leading provider of cloud-based solutions for accountants, has announced major enhancements to its popular ACCOUNTING POWER® software, part of its complete suite of cloud-based applications. These enhancements are designed to accommodate a more mobile audience on smartphones and tablets in addition to its availability across all browser platforms. Enhancements include expanded tools for financial analytics, including a comprehensive Dashboard, financial reporting capabilities, and bill payment approval process to help accountants perform complete accounting services more efficiently. A streamlined setup process, more intuitive navigation, and overall operational and archiving advances have been implemented, all designed with the critical needs of accounting professionals in mind.

“The entire platform has been optimized from the ground up for display on mobile devices, tablets, and across all browsers” said Sharada Bhansali, Executive VP and Co-Founder of AccountantsWorld. “Our reorganized Dashboard provides an expanded graphical interface with more useful and robust charts, data, and reports. With our enhanced software, uploading and editing e-statements are now easier, with the ability to add an alias ’on the fly‘ when importing credit cards and on bank transactions. This function, which usually takes hours, can now be done in minutes using ACCOUNTING POWER®”.

ACCOUNTING POWER® now allows three years for open transactions, and up to two for closed years, and provides the full range of letters based on AICPA guidelines that accounting practices need. In addition, ACCOUNTING POWER® now offers enhanced capabilities for Not-for-Profit organizations. 

“ACCOUNTING POWER® makes it extremely easy to archive reports and financials and share them with your clients,” said Dave Munnell, Director of Product Development at AccountantsWorld. “You can create a custom report set that is automatically archived and made available to your client as soon as you close a period. This provides users with consistent reporting and archiving, which is now easier and fully automated. And now you can keep your financials and reports for as long as you want,” continued Dave. Accounting Power also has improved flexibility, making the initial setup more streamlined and eliminating the usually-required accounting formatting.

 These new enhancements continue to strengthen the family of AccountantsWorld products. ACCOUNTING POWER® puts control back into the hands of accountants, and makes client accounting both highly efficient and more profitable. By combining all accounting functions into one unified cloud-based accounting system, Accounting Power practically eliminates key time wasters, streamlining client accounting and reducing the time accounting firms spend on client overhead by 30-50%.

About AccountantsWorld
For over 26 years, AccountantsWorld has been the leading provider of cloud-based solutions for accountants. AccountantsWorld offers a complete, integrated suite of innovative
accounting, payroll, and practice management solutions to help accountants work collaboratively with clients, foster greater client loyalty, and improve the profitability of their practices. AccountantsWorld is also the only leading cloud solution provider that puts Accountants First™ by never competing with accountants or selling services directly to their clients.

For more information go to and follow them on LinkedIn and Twitter at and