Account balance workflow and adjustments via the Trial Balance screen

Alerts and notices
Leave feedback

Internal Employees: Submit feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.


Characters left:

Change to CS Support service hours

Our Support department is closed on Friday, April 28th for a company event. However, limited Workpapers CS phone support is available on that date from 9 AM - 5 PM ET.

The following workflow follows the path of the client's account balances in the application from import or manual entry, calculation of adjusting entries in the Trial Balance screen, entry of tax code adjustments, preparation of client data for transfer to UltraTax CS, closing the year or advancing and closing the period, and scanning and storing client data. Also, you can create an audit-based engagement that enables you to link to the trial balance when you are working in the field.

Click to view details Click a shape that contains a Link link icon icon to view detailed information.

Change/close the period
Change/close the period
Create the
engagement
binder and
add audit-related
workpapers
for the client.
[Not supported by viewer]
Scan, print, and store
finished work
for the client.
[Not supported by viewer]
Client provides data
Client provides data
Import client data
Import client data
Enter transactions
manually
Enter transactions<div>manually</div>
Client provides
data in hardcopy
[Not supported by viewer]
Client provides
data electronically
[Not supported by viewer]
Create and assign account groupings
Create and assign account groupings
Yes
Yes
Do you calculate adjusting entries?
Do you calculate adjusting entries?
Review and edit account information
Review and edit account information
Add Tickmarks
Add Tickmarks
Enter adjusting
entries
Enter adjusting<div>entries</div>
Import from other applications
Import from other applications
Prepare reports and/or financial statements
Prepare reports and/or financial statements
No
No
Are you linking to the
Trial Balance data
in an Audit engagement?
[Not supported by viewer]
No
No
No
No
Yes
Yes
Yes
Yes
No
No
Do you prepare
tax returns for
the client?
[Not supported by viewer]
Enter tax
adjustments
[Not supported by viewer]
Import balances into UltraTax CS
Import balances into UltraTax CS
Are you closing
the year?
[Not supported by viewer]
Yes
Yes
No
No
Close to next year
Close to next year

Related topics

Audit workflow, overview

Workpapers workflow for audit-based engagements

Workflow for audit collaboration in the field

Workflows in Accounting CS

Share This