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What your Accountant will need to process your Tax Return
Posted by Diane Jessup, Last modified by Judy Grann on 27 January 2016 09:12 PM

What your Accountant will need to process your Tax Return

It is our goal at SuccessWare to provide our clients with the most current and complete information to help them work with their accountants. We spoke whith Scott Kurkian PPA's Chief Financial Officer and Studio Management Services lead accountant, we reviewed the steps he and the SMS staff take to to process the tax returns for SuccessWare clients.

How long does it take to prepare a tax return?

As a seasoned SuccessWare user it takes about 5 hours to prepare a tax return. An accountant new to SuccessWare may take a few additional hours.

What reports do you need to prepare tax returns?

All your accountant will need to produce a proper tax return from SuccessWare are the following reports:

      Income and Expense Statement     
      Cash Flow Statement
      Cash Flow Details - Only print the details for "Account Adjustments", "Capital Additions", Capital Expenditures", Credit, Credit Discounts, "Other Income" and Sales tax discounts.
      Expense Items Report

JG 2016

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