CCH Axcess Write Off Allocation Report Data Has Been Fixed

The CCH Axcess™ 2024-4.1.1 or CCH Axcess™ report data release introduces a key correction to the write-off allocation calculations within the CCH Axcess Practice module. Our team at Silver Sea has been tracking these developments, and we’re confident this update will save firms considerable time.

Previously, a write-off allocated to staff at a specific percentage showed as 100% in reports and backend data, which affected staff performance evaluations. The good news is that CCH Axcess™ has corrected this for all new data entries. Scroll down to know more about the release now!

Background: What Firms May Have Noticed

If your firm uses CCH Axcess Practice, you may have noticed how write-off allocations were calculated before this release. For example, if I post a WIP entry for $100 and allocate 65% for the staff, the system should reflect it correctly.

This situation typically arises when a firm commits to a project that turns out to be more complex or demanding than initially expected. As part of client service, the firm absorbs the extra cost by applying a flexible write-off allocation. This feature is invaluable because it allows the firm to handle unexpected project burdens without negatively impacting the staff’s performance evaluations—a function that is rare even among modern practice management software.

Before this release, however, the CCH Staff Realization Allocation report showed 100% allocation to the staff member, which did not reflect the intended split.

Beyond just the real-time report, the Data Axcess Utility database carried the same 100% figure.

Firms that rely on these figures had to reconcile them by hand to report performance and billing allocations accurately. Understanding the change matters for staff evaluations and for financial reporting workflows.

Last month, I reported this to CCH, and CCH released a fix within a month, very shortly after the version 4.1 release. They must have been working on it before I raised the ticket. Either way, it shows how responsive CCH’s support and development team is. Kudos to the CCH team!

Key Fix: Accurate Write-Off Allocation

The CCH Axcess™ 2024-4.1.1 release corrects how the system calculates and reports write-off allocations. With this update, the system accurately reflects new write-off allocations, including in the Staff Realization Allocation report and the Data Axcess Utility.

Please note that this fix applies only to new data; historical data remains unchanged. More importantly, this update still takes a crucial step toward more reliable reporting and evaluation. For more information, please visit our detailed CCH Axcess support page.

Impact on Reporting and Data Integrity

The correction in CCH Axcess™ 2024-4.1.1 or the new CCH Axcess™ report data greatly improves the Staff Realization Allocation report and Data Axcess Utility. By providing accurate data, the update helps managers make informed decisions based on true staff performance. The corrected data improves the integrity of custom reports and business intelligence tools using the Data Axcess Utility. This saves firms time and effort previously spent on manual data reconciliation.

Conclusion

The CCH Axcess™ 2024-4.1.1 update reinforces Wolters Kluwer’s commitment to delivering a robust, user-focused practice management system. The release boosts firms by improving billing control, invoice quality, system stability, staff goal accuracy, and write-off allocation accuracy. Staying updated, ideally with expert help, is key to competitive advantage, accuracy, and client satisfaction in accounting today.

For more on practice management updates and accounting best practices, check trusted sites like Accounting Today, CPA Practice Advisor, and Wolters Kluwer’s CCH Axcess page. These external sources provide valuable insights into ongoing trends and detailed software reviews for accounting professionals.

Silver Sea – Your Innovation GPS

At Silver Sea, we constantly monitor the latest industry trends and technologies to help you navigate through the ocean of innovations. We provide expert guidance to help you fully utilize the CCH Axcess™ infrastructure, including: Practice, Workstream, Workflow, Document, API platform, and Data Axcess Utility. Our solutions include Business Process Automation, Robotic Process Automation, and Business Intelligence Dashboards. Click here to learn more about our solution portfolio to enhance CCH Axcess.

Note: we’re not affiliated with or endorsed by CCH or Wolter Kluwer