Just came across two interesting articles from HP and Business Computing World which talk about how the adoption of cloud accounting systems by accountants has reached a tipping point as most firms now (finally!) see the huge potential benefits in terms of staff productivity and collaboration with clients.

Nigel Harris recently published a comprehensive independent review of accountsIQ on accountingweb.co.uk*. 

The review can be accessed here. [Note that you must first register as a user (for free) to read the review.]

We're delighted with Nigel's review as it's spot on in terms of articulating the strengths and market positioning of accountsIQ relative to the competition: 

Today we’ve released the new Foreign Exchange Revaluation Journals Wizard for all our multicurrency customers.

The function enables you to revalue the balances of your foreign bank, customer and supplier (vendor) accounts using the month end exchange rates.

Adjusting journals for the value of the revaluation will be posted to the relevant control accounts and the unrealised gains/losses account.

You can access the function from the ‘General’ >>> ‘GL Journals’ top level menu.

AccountsIQ has now been upgraded successfully and is fully operational. Thanks for your patience during the upgrade!

IMPORTANT: The system no longer requires you to run it under 'Compatibility Mode' in Internet Explorer (IE) 8.0/9.0.  If you are running it under Compatibility Mode you will see the following warning at the top of your menu:

We're delighted to announce that a major release of accountsIQ will be going live on Saturday October 1st between 13:00 and 16:00 GMT.

We've taken a fresh look at the product from a usability and performance point of view and have made some enhancements to improve the menus, how you can search and locate functions and how the dashboard is set up. We've piloted the new version with some of our beta users and the reaction so far has been great.

The full contents of the release are:

Just a quick note to let all our users know that a major new release is on its way to you all within the next two to three weeks. Our development and QA teams are currently busy putting the finishing touches to it and we're really excited about all the great improvements we’ll be able to provide.