1 / 15

Getting Started With Accounting CS

Getting Started With Accounting CS. Leah Reid 5/6/2015. Learning Objectives. Best practices to get started efficiently Review the Accounting CS workflow Navigate Accounting CS  Learn recommended firm setup. Accounting CS Workflow. Payroll and Tax Form Processing. Accounting CS

yoshi
Download Presentation

Getting Started With Accounting CS

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Getting Started With Accounting CS Leah Reid 5/6/2015

  2. Learning Objectives • Best practices to get started efficiently • Review the Accounting CS workflow • Navigate Accounting CS  • Learn recommended firm setup

  3. Accounting CS Workflow

  4. Payroll and Tax Form Processing • Accounting CS • Batch vs. single client processing • Direct deposit/ Intercept • Electronic filing of payroll tax forms • Year-end processing • Tax payments • End to end payroll services

  5. Accounting and Bill Payment • QuickBooks or QuickBooks Online • All accounting work is done in these systems • Payroll JE entered or imported into QB • Bill payment technology integrates with accounting platforms • Bill.com, online banking, QB bill pay, bank feeds

  6. Financial Statements & Tax Integration • Trial Balance report • Exported from QB/ QBO • Imported into ACS • Financial statements • Printed to FileCabinet CS • Sent to NetClient CS Portal • Tax return integration • Tax codes are used to integrate

  7. Polling Question

  8. ACS Services NOT Used • General Ledger, AP/AR, Client Access • Clients use QB/QBO in Right Networks • Recommend to limit # of accounting platforms to 2 • Workpapers CS • May consider in the future • Provides tax documentation organization • Rootworks uses SurePrep

  9. Installation Considerations • For local and server ACS installations: • Use full version of SQL • This will help to avoid speed issues • Not applicable to Virtual Office and SAAS users*

  10. Recommendations • Decide how Accounting CS will be used within your firm • Services/ modules • Take inventory of clients • Create a timeline/ project plan • Run first few payroll clients parallel

  11. Firm Setup & Navigation

  12. Polling Question

  13. Recap • Reviewed how Rootworks uses Accounting CS • Discussed installation tips • Walked through getting started recommendations • Navigated firm setup and navigation

  14. Polling Question

  15. coaching@rootworks.com ACS Implementation coming soon! Look for communication in NGAF

More Related