| Lacerte and ProSeries Data Import Tested |
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| Written by The Progressive Accountant | |||
| Thursday, 08 July 2010 23:04 | |||
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Intuit is conducting a test of importing tax information into its desktop tax preparation There are two elements to the plan, the first a scan-and-populate process via which source documents will be scanned by users and the information uploaded to Intuit for tax line assignment. The data is then reviewed and imported. The capabilities will be available first for Lacerte, with plans to develop it for ProSeries later.
However, users will be able to download 1099 information directly from the financial institutions. They will be able to use Intuit's servers to enter accounts and passwords to logon to their accounts at financial institutions. This feature will be available for both Lacerte and ProSeries. | |||
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About the Author: Brett Owens is CEO and Co-Founder of Chrometa, a Sacramento, Calif.-based provider of software that records activity in real time. Previously marketed to the legal community, Chrometa is branching out to accounting prospects; gains include the ability to discover previously undocumented billable time, save time on billing reconciliation and improve personal productivity. Brett is also blogger and founder at CommodityBullMarket.com and ContraryInvesting.com, as well as a regular contributor to two leading financial media sites, SeekingAlpha.com and BeforeItsNews.com. |