Tax & Accounting Blog

Same Day ACH is Almost Here

Same Day ACH is Almost Here

On September 23, 2016, Same Day ACH becomes a reality. Let’s take a few minutes for a refresher. The Electronic Payments Association (NACHA, previously the National Automated Clearing House Association) has adopted a rule to move payments faster by enabling same day processing for ACH payments. Currently, NACHA moves money between financial institutions with … Read More

Introducing <em>Dividends</em> Magazine

Introducing Dividends Magazine

Insight. Ideas. Answers. That’s what you’ll find in Thomson Reuters Dividends, a new digital publication specifically designed with the 21st century tax practitioner in mind. In its pages, you’ll gain insights from a number of subject matter experts who are examining the trends emerging across the globe that are impacting the tax and … Read More

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

IRS E-File Application Summary Required Prior to E-Filing with UltraTax CS and GoSystem Tax RS

IRS E-File Application Summary Required Prior to E-Filing with UltraTax CS and GoSystem Tax RS

If you haven’t already done so, you’ll need to provide a copy of your IRS e-file application summary before you can electronically file returns via UltraTax CS and GoSystem Tax RS. For UltraTax CS If you attempt to e-file returns in UltraTax CS without verifying your e-file application summary, you’ll receive the following message: “Your … Read More