BaCo Tech operates on a Living Trial Balance™ which allows our users to receive a more accurate look at their clients books in real time. As opposed to a traditional trial balance, a Living Trial Balance is constantly being updated, as expenses and transactions occur so you can trust that you are getting the most accurate and relevant info at any time.
There are many great use cases for this functionality that help CPAs run better and more efficient practices, and provide a more valued service to their clients.
ESSENTIAL PPP LOAN HELP
Working off of a Living Trial Balance helped our users provide a proactive, and much needed, level of service in both acquiring a PPP loan during the pandemic and monitoring its activity to ensure it is forgiven.