Some use expensive and complicated financial reporting software, while others rely on their usual word processor and spreadsheet software, these usual wide-open designing and formatting tools providing a tremendous amount of flexibility in building financial statements. However, these office software are not integrated with the accounting data, they require a lot of data manipulation, they make it harder to ensure completeness of the financial statements without excessive review, AND THEN, these financial statements must be updated manually. The current process is time-consuming and is repeated days after days, weeks after weeks, months after months and years after years.
Thanks to the Financial Statement Module patented technology, these downsides no longer exist:
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ExcelFSM transforms the globally used Microsoft Excel into an automated financial statement generator,
for any accounting software, and into a powerful Trial balance program, by integrating into Excel
the Financial Statement Module simple and universal method to build and update financial statements
for any type of business or organization (The Method), and its capacity to read, organize, and manipulate the accounting data of any accounting software
ExcelFSM adds to Excel the high level concepts of financial statements: trial balances and the notion of debit and credit; as-of dates; accounts; grouping accounts into financial statement Items; grouping Items into Totals; adjusting entries; working papers; and more. Not only can you work within Excel naturally, using these high level concepts to build financial statement reports, but thanks to ExcelFSM business intelligence capability to read, organize and manipulate the accounting data of any accounting software, these financial reports will be updated automatically!
WordFSM Quick Overview (2:35)
a GREAT program for excel based financial reporting/auditing. There's nothing even close to it on the market.
Michael Russell, Controller Steelcon Inc.- Michigan, USA
Getting on really well with it – fantastic tool.
Mark Marshall, Finance Director Adams Morey Ltd - UK
We looked at other reporting software but it did not provide the flexibility and formatting options needed when producing more in depth financial reporting.
ExcelFSM is what every CPA should be using!
MaryBeth R. Massimino, Certified Public Accountant (CPA) - Massachusetts, USA
I'm really enjoying the program. It's making my job a lot easier!
Doug Pancoast, Director of Finance Lake Ann Camp - Michigan, USA
The standard QuickBooks reports aren’t always what I need. This software lets me format my report any way I want – I have total control in Excel.
I can pick what QuickBooks accounts are included in what values – and they can be cash flow type values (differences between two periods)
or balances of accounts – all in the same report. Then once everything is set up, a few weeks later when we’ve updated our QuickBooks data,
this software easily reads everything again from QuickBooks, and my reports are again current.
I downloaded it, played with it for less than an hour, wrote an email to the support people to ask three questions – I got a phone call back within an hour with positive answers to my questions and suggestions on how to make my life easier. I’m impressed.
Mike Pryslak - Tennessee, USA
I did download the trial version in January and liked it so much that I decided to buy the annual licence. Zia Shah, Chartered Management Accountant (CIMA) - UK
ExcelFSM is a unique solution for preparing customized financial statements, including:
For Non-Profit Organizations · Cash Flow Statements · Consolidated F/S
Monthly, Quarterly Comparative Financial Reports · Etc.
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