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 Processing Process Payroll Tax Forms Enter PJE into QuickBooks Import TB into ACS Financial Statements to Portal TB to Ultra Tax CS

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

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

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

Polling Question

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

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*

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

Firm Setup & Navigation

Polling Question

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

Polling Question

ACS Implementation coming soon! Look for communication in NGAF