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Blog » Intuit ProSeries Tax Preparation Software- A Review

Intuit ProSeries Tax Preparation Software- A Review

Last updated: 17 Oct, 2023 By | 6 Minutes Read

Intuit ProSeries

Intuit offers tax software solution in the mid-tier known as ProSeries. ProSeries Tax Preparation Software is intended to provide an affordable tax software solution to tax practitioners. It assists them with processing returns in a swift manner. Latest updates significantly improve the electronic filing functionality and provide a complete overhaul on PDF capabilities.

ProSeries is currently accessible on two distinctive product levels- ProSeries Basic and ProSeries Professional. While ProSeries Basic compliments the needs of entry-level professionals who generally process simple tax returns, Tax Preparation ProSeries Professional is dedicated towards high volume accounting practices and covers a wide array of return types.

Some important features of Intuit ProSeries tax software are :

Integration Features –

ProSeries provides integration through QuickBooks file import. All account details mapped to tax return fields in QuickBooks can be directly imported to the apt lines in the software. The built-in trial feature allows the users to manually enter trial balance information and make adjustments. Data integration is also possible through TurboTax software, users converting from Intuit’s Turbo Tax can directly import the information into ProSeries.

Paperless Transition –

Another add-on solution is Tax Import, it provides a technology platform to import scanned documents directly into ProSeries. The users scan the documents and then upload them to Intuit. After that, Intuit team’s technology extracts relevant data and formats it for import into ProSeries Tax. Human intervention is rarely required in the process, as Intuit uses 128-bit data encryption and the processing is restricted to machine-to-machine involvement.

Remote Access –

Traditional desktop installation is the only way to avail services of ProSeries Tax. Remote access of ProSeries is only possible through the use of various hosting solutions. Small organizations with inadequate resources used to urbane IT staffs and arrangement may find it burdensome to maintain this type of infrastructure.

STRENGTHS

  • Uncomplicated interface allowing data entry directly on tax forms.
  • Integration features with QuickBooks and TurboTax
  • Option to import scanned data directly, though at a separate

POTENTIAL WEAKNESSES

  • Less review tools in place
  • Difficulty in remote access

Along with implementing an appropriate tax preparation software, it is also essential to have expertise on the same. Thinking of hiring an onboard team for the same? Consider outsourcing to Cogneesol instead. Contact now, at +1 646-688-2821 or email us at [email protected].

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