CCH Axcess Practice vs Corporate Taxprep

CCH Axcess Practice is practice management software for accounting firms, covering time entry, billing, client payments and profitability reporting. Firms can bill hourly, at fixed fees or by progress, create and edit invoices, and use multiple billing fee agreements or batch billing. Staff can enter time on one screen, use automated clocks, or record time in the mobile app; clocks are accessible from a route sheet and tax return. Reports include productivity ratios, work-in-progress and accounts-receivable analysis, and profit by office or project. Supported payment partners let clients pay electronically through a Pay Now button in invoice emails, invoice templates or the client portal, with payments appearing automatically in Accounts Receivable. The product is part of CCH Axcess, a cloud solution Wolters Kluwer describes for work from home, travel and client visits using a laptop. CCH Axcess APIs support firm-built integrations, and Marketplace lists software integrations. The product page offers a quote request and demonstration registration. Pricing is available on request.

Corporate Taxprep is Windows desktop software for preparing Canadian corporate T2 returns, with federal and provincial forms and tools. It includes more than 3,000 diagnostics and edit checks. T2 Data Connection is described as reducing preparation time by as much as 50% and improving accuracy for multi-corporation returns; the software can also transfer more than 750 GIFI items into 25 forms. Its Corporation Internet Filing module supports EFILE for T2 and Quebec CO-17 returns, along with NETFILE for Alberta returns. Tax planning tools include a Tax Rates Table and a five-year summary. InfoConnect links to tax research tools, while the Preparing Your Income Tax Returns guide is sold separately. A separate module adds forms and calculations for resource companies, credit unions, non-profits, and financial institutions. Corporate Taxprep Lite offers essential features at lower cost, though its restrictions require a representative inquiry. Pricing is available on request, and a free trial is offered. Wolters Kluwer provides support and training by phone, webinars, in-class sessions, and conferences.