GoSystem Tax RS Tutorials
GoSystem Tax RS pricing is customized for each firm, starting at around $4,000 annually for a single-user system. GoSystem Tax RS from Thomson Reuters best suited for mid-sized and large firms that process more complex returns such as consolidated corporate returns, life insurance returns, and tax equalization returns. GoSystem Tax also offers individual tax filing and what is work in progress wip? integrates well with the Thomson Reuters CS Suite of tax and accounting products.
Managing remote 1040 client collaboration for today’s tax professionals
Berkowitz Pollack Brant found significant improvements to efficiency by creating processes which reduced or removed the need for this kind of repetitive, manual data entry. GoSystem Tax does not include a portal, but firms can choose to utilize the NetClient CS Portal, which is part of the what’s the difference between premium bonds and discount bonds CS Professional Suite of applications that seamlessly integrate with the application. The NetClient CS Portal allows firms to share returns with clients, as well as providing clients with the ability to upload necessary documents when requested.
GoSystem Tax RS supports both federal and state e-filing, with users able to validate returns prior to e-filing. Another handy feature is the ability to click on any line on a completed tax form to display an audit trail for the amount displayed. Diagnostic messages are also available in the application and users can easily view processing results as they are entered using the auto-compute feature. GoSystem Tax RS offers solid help functionality, with help options available directly from the user interface. The Help and How-To Center offers support options for all modules, along with a searchable knowledgebase, user guides, and various training options, which include web, classroom, custom, and on-demand training. GoSystem Tax RS does not offer a portal, but the product offers easy integration with the NetClient CS Portal, part of the CS Professional Suite of applications.
A good fit for larger accounting firms as well as corporate tax departments, GoSystem Tax RS is equipped to handle the complex corporate returns, life insurance … GoSystem Tax RS also integrates with a variety of third-party applications which include EMC Documentum, SurePrep, and Copanion, which all use OCR processing technology. The application also offers seamless integration with QuickBooks products as well as GoTracker, an add-on application that logs time, monitors due dates, and sets customizable milestones and tasks for system users for improved workflow capabilities. Along with the Thomson Reuters applications mentioned above, GoSystem Tax RS also integrates with a variety of third-party applications such as EMC Documentum, SurePrep, and Copanion, which all use OCR processing technology. Users can also easily access research content from applications such as Checkpoint, PPC Deskbooks, and Partner Bridge. GoSystem was one of the first tax compliance software applications to offer an online accessible tax compliance application, with firms able to choose accessibility through an online virtual office or to access GoSystem Tax RS as a SaaS application.
Shop by practice area
Connect with a Thomson Reuters solution expert to see what groundbreaking functionalities have been missing from your preparation process. “People gravitate to what they’re comfortable with, much like accountants gravitate to Excel. So, success (in automation) is about ensuring the cost and effort that it took to implement the solution is enforced with a healthy ecosystem, a healthy process that maintains it. Our latest Future what is the importance of accounting for healthcare of Professionals Report examines how AI technology is transforming professional work, highlighting key findings and recommendations.
GoSystem Tax RS
- Completely online, GoSystem Tax has an intuitive user interface that is easily navigated, and offers easy access to organizers, as well as multiple views.
- Checkpoint Edge with CoCounsel helps users find answers to complex tax and accounting questions in the face of constant regulatory changes.
- Protect your data with multiple layers of security, including network security, virus protection, encryption schemes, and more.
- “People gravitate to what they’re comfortable with, much like accountants gravitate to Excel.
The NetClient CS Portal allows firms to share returns with clients, with clients provided with secure access to the portal, where they can upload source documents and other related information. Data can also be imported directly to the application from a variety of applications if necessary. GoSystem Tax RS supports both federal and state e-filing, with users able to review, edit, and validate any completed return prior to e-filing. GoSystem Tax RS supports multiple users, making it easy for a team to work on a return simultaneously. Diagnostic messages are available throughout the application and users can click on any line in a completed return to view a complete audit trail for the amount entered. Users can also navigate directly to a specific form using the QuickForm feature, with links available to choose from numerous form options.
GoFileRoom
GoSystem Tax offers an intuitive user interface with the ability to customize the interface to better suit their needs. Easy access is provided for all tax organizers, and the product supports multiple monitors for easy form preparation. GoSystem Tax RS is best suited for larger firms or corporate tax departments who are tasked with preparing complex tax returns for a variety of clients. The application also offers top-notch integration with other CS Professional Suite applications that increase functionality tremendously.
With more than 300 accountants, tax specialists, and consultants, BPB is one of the largest accounting firms in South Florida and one of the top 100 firms in the United States. See how GoSystem Tax RS provides a sophisticated web-based system that provides the power to handle your most complex tax scenarios. Walker shares, “In the last couple of years, a lot of companies undertook automation because of the environment that we were forced to live in. They were forced into the position to do so, and they adapted or they went out of business. CPA Practice Advisor is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. Protect your data with multiple layers of security, including network security, virus protection, encryption schemes, and more.
GoSystem Tax RS does not currently offer a portal directly within the application, though it does integrate with the NetClient CS Portal. The portal offers easy document exchange between clients and firms, with clients provided secure access to the portal, where they can upload or download documents at any time. Data importing options are also outstanding in GoSystem Tax RS, with users able to import data from just about any accounting system. A variety of data can be imported including a trial balance, a client organizer, and tax forms. GoSystem Tax RS is optimally designed for mid-sized to larger accounting firms that handle a variety of complex returns for their clients. With extensive integration capability with CS Professional Suite along with various third-party applications, users have access to the data and documentation needed to easily process even the most complicated return.
