Tax Workpapers
HubSync’s Tax Return Workpaper module provides a comprehensive platform that consolidates the essential components for preparing and filing a complete tax return - with intelligent automation that saves you hours on every engagement.
Workpaper Overview
- 360-degree view of the return without needing to open the tax preparation software.
- Flexible designs accommodate the preparation of returns with varying complexities.
- One-touch, seamless integration with Thomson Reuters GoRS/OIT and other tax software systems.
- Multi-level sign-off capabilities by level, sheet, and line.
- Embedded Review Note functionality with the ability to purge notes.
- Standardized training across your firm.
- Significant ROI and time savings.
Trial Balance
Firms leverage HubSync's Trial Balance module to store trial balance data, compute adjustments, and post journal entries to calculate the Tax Adjusted Balance.
- Client-level one-time setup.
- Multi-entity Trial Balance capability.
- Machine learning-based Tax Account Group Mapping.
- Built-in automated tax adjustment calculations and journal entries.
- Integrated custom tax adjustment calculation capability.
- View Trial Balance and Adjustments in a single view.
- Book to Tax Reconciliation Summary.
Built-In Integration with Tax Filing Software
All workpapers are equipped with built-in single-click integrations to leading tax filing software solutions. Our robust validation system ensures accurate data transmission and makes error diagnosis quick and painless.
Import
- Prior Year Information
- Entity Information
- Partner Demographics
Export
- Trial Balance
- Adjustments
- Partner Demographics
- Partner Allocations
- Passthrough K-1
- Real Estate (Form 8825)
It's "Onboard & Gather" Time Again!
Let’s see if we can help you this tax season:
Let’s see if we can help you this tax season:
