Manage Firms

Manage Firms

Introduction

Manage Firms enables auditors to manage invoices for their clients. The module offers features like adding firms, customizing invoice settings, estimating job counts, and generating and sharing invoices. It streamlines the process of creating and managing firm invoices, leading to faster and more accurate invoicing.

Manage Firms:

  1. To view all firms, Click on My Practice >  Manage Firms.
  2. To add a new firm, click on the Add Firm button from the top right corner.



  1. Firms imported through SMSF Sorted or directly imported from accounting software are listed here.
  2. SMSF Sorted connected firms will have Connected as their connect status 
  3. Imported funds from different accounting software (Class, BGL 360, SuperMate, Manual Upload) will have Not Connected as their connect status.
  4. Connection status is displayed for each firm.



  1. Firm data can be exported as a PDF using the Export PDF button.



  1. Edit firm details by clicking on the Edit Firm icon.



  1. View the job history for the specific firm by clicking on the Show History icon.

Adding a Firm:

  • To add a new firm, follow these steps: 
      Step 1: Click on My Practice > Manage Firm > Add Firm. 



      Step 2: Fill in Basic Details, Invoice Settings, and Job Estimation. 



  1. Basic Details include ABN, Firm Name, Email, Contact Person, etc. Some fields are mandatory.



  1. Invoice Settings allow adding Flat Fee and Fee-based on Job Complexity.



  1. Job Estimation can be entered as total yearly jobs or monthly calculations.



      Step 3: Click on Add Firm to save the details once completed.



Note:-

  1. Job Estimation allows auditors to predict the number of jobs they expect to receive from a specific client/firm for each month of the financial year. It helps in planning and allocating resources accordingly to meet the workload and client requirements.
  2. You can either add Job Estimation separately for each month or you can write the total expected job count at the top and the number will be equally divided into all 12 months. 
  3. If the number is not divisible by 12 then the access number will be added to the last month of the financial year.

Editing a Firm:

  • To edit firm details, follow these steps: 
      Step 1: Click on My Practice > Manage Firm.



      Step 2:- Now click on Edit Firm from the Action icon.



      Step 3:  Make necessary changes and hit Save to save the firm details.



Viewing Firm History:

  • To view the job history for a firm, follow these steps: 
      Step 1: Click on My Practice > Manage Firm



      Step 2:- Now click on Edit Firm from the Action icon.



      Step 3:- Click on History from the appearing slider. 
      Step 4:- Choose the financial year to View History. (up to 5 years including the current year).



Export as PDF

      Step 1:- Click on My Practice > Manage Firm.



      Step 2:- Click on the Export PDF icon from the top taskbar and the PDF including all that your screen shows will be downloaded and will be downloaded to your device.



      Step 3:- You can simply click on it to open.



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