Practice CS
tax.thomsonreuters.com
What it is
Practice CS is practice management software for accounting firms, available on the web and Windows with hybrid deployment. It tracks billable time, billing, deadlines, and the costs associated with firm work. Customizable dashboards show current information about operations, staff projects, and client statuses. Firms can create electronic invoices, post bills online, and accept credit card payments. Detailed business data supports custom report formatting. Optional Project Management and Staff Management modules track projects and tasks, schedule staff, and assign work. Workflow automation, scenario modeling, multi-year projection, tax depreciation, and data import are listed capabilities. Client portals support file sharing and electronic signatures through related products and modules. Client Management and Mobile CS provide status monitoring and real-time updates about client interactions. Practice CS can launch UltraTax CS and Accounting CS, and integrates with Accounting CS and Workpapers CS. Pricing is paid and available on request.
Spec sheet
- Purpose
- Practice CS is practice management software for accountants that tracks time and billing and helps firms manage their work.Read 9 Oct 2026 · tax.thomsonreuters.com
- Integrations
- Practice CS can launch integrated CS Professional Suite applications such as UltraTax CS and Accounting CS.Read 9 Oct 2026 · tax.thomsonreuters.com
- Support
- The 2026 support schedule lists Practice CS with Accounting CS and Workpapers CS under product-specific support hours.Read 9 Oct 2026 · tax.thomsonreuters.com
- Client portals
- Practice CS can create client portals for sharing files and offering electronic signatures through related products and modules.Read 9 Oct 2026 · tax.thomsonreuters.com
- Dashboards
- Customizable dashboards provide current information about firm operations, staff projects, and client statuses.Read 9 Oct 2026 · tax.thomsonreuters.com
- Hosted access and security
- Thomson Reuters offers hosted options for remote software access and describes their security as industry standard.Read 9 Oct 2026 · tax.thomsonreuters.com
- Invoicing and payments
- Firms can create electronic invoices, post bills online, and accept credit card payments.Read 9 Oct 2026 · tax.thomsonreuters.com
- Mobile and client management
- The page says the Client Management module and Mobile CS provide status monitoring and real-time updates about client interactions.Read 9 Oct 2026 · tax.thomsonreuters.com
- Project and staff management
- Optional Project Management and Staff Management modules track projects and tasks and support staff scheduling and assignments.Read 9 Oct 2026 · tax.thomsonreuters.com
- Reporting
- Practice CS provides detailed business data with custom report formatting options.Read 9 Oct 2026 · tax.thomsonreuters.com
- Time and billing
- The software captures and tracks billable time and helps firms see the costs associated with their work.Read 9 Oct 2026 · tax.thomsonreuters.com
- Who it is for
- Thomson Reuters describes Practice CS as software for accounting firms of different sizes.Read 9 Oct 2026 · tax.thomsonreuters.com
Plans and prices
Strong points and limits
Strong points
- Tracks billable time, billing, and deadlines
- Customizable dashboards show current firm information
- Electronic invoices and credit card payments
- Optional project and staff management modules
- Client portals support files and signatures
Limits
- Pricing requires contacting sales
- Some management features are optional modules
- Hosted access is an offered option, not the only deployment
Who it suits
It suits accounting firms of different sizes that need time, billing, deadline, project, staff, and client-management functions. Firms seeking web or Windows access, hybrid deployment, and CS Professional Suite integrations may find the listed setup relevant.
Verdict
Practice CS brings accounting practice operations, billing, reporting, workflow, and client access into one listed system. Its paid, hybrid offering and optional modules should be assessed against a firm’s preferred platform and scope.
Where Specifiction places it
- Accounting Practice Management Software#27 of 296.7