Tax & Accounting Blog

Bank Account Reconciliation in Accounting CS

Bank Account Reconciliation in Accounting CS

Reconciling bank accounts is a complex process—but in Accounting CS, the Actions > Reconcile Bank Accounts screen and the Actions > Reconcile Impound Bank Accounts screen enable you to easily reconcile Accounting CS bank accounts. You can download transaction data from your financial institution, and then match and clear those transactions … Read More

Team up with myPay Solutions to Avoid Payroll Risks

Team up with myPay Solutions to Avoid Payroll Risks

As any payroll provider can tell you, offering payroll services is rewarding, but it can come with some headaches too. For example, you can encounter challenging and complex legislation, ever-changing rules and regulations and potential risks. If you don’t have a dedicated payroll staff to help you manage the extra work, it can be a … Read More

Important Information about Affordable Care Act Forms

Important Information about Affordable Care Act Forms

On December 28, 2015, the IRS granted an extension to insurers, self-insuring employers, other coverage providers and applicable large employers for providing the new health care information reporting forms in 2016. These groups now have additional time to provide the following 2015 health coverage forms to individual taxpayers and the IRS. 1095-B, Health Coverage (includes … Read More

Five Ways UltraTax CS Users Can Benefit by Adding Fixed Assets CS

Five Ways UltraTax CS Users Can Benefit by Adding Fixed Assets CS

Did you know that UltraTax CS contains an incredibly powerful asset module that auto-completes a lot of data entry for you—particularly when it comes to automatically completing state data entry based on federal? The easy-to-use module contains an incredible amount of built-in guidance in the form of the Method Life Wizard, which automatically determines … Read More

Use Custom Tax Codes for Integration with UltraTax CS and GoSystem Tax RS

Use Custom Tax Codes for Integration with UltraTax CS and GoSystem Tax RS

In Accounting CS, tax codes are a set of predefined groupings that are assigned to accounts. After assigning tax codes, you can generate reports in Accounting CS that list combined account totals for each tax code. You can also use tax codes to export amounts to other tax applications, such as UltraTax CS or GoSystem Tax … Read More

How to Integrate Your Accounting CS Data with UltraTax CS and GoSystem Tax RS

How to Integrate Your Accounting CS Data with UltraTax CS and GoSystem Tax RS

Integration with UltraTax CS: Accounting CS is designed to streamline your workflow by providing integration with UltraTax CS. You can use the Accounting CS Import dialog in UltraTax CS to retrieve the general ledger account balances from Accounting CS into the client’s tax return in UltraTax CS, reducing the need for manual data entry. In UltraTax CS, open … Read More