K1x Ideas
Describe your idea. The more information you provide, the clearer picture of your idea we will have. |
Diagnostics just show when a return is not balanced (i.e. BS). Since C-TRAC has great built-in calculations, why not include the amounts in the diagnostic? I.e.: Total revenue on Sch. D, Part XI differs from total revenue on Part VIII, Line 12 by $12,485. Yes, we can cross-check in Excel, but that's just one more step that C-TRAC could save us during prep/review. |
How will this idea help you and potentially others? Understanding how things are done today, where the pain is, and how the idea is beneficial puts us in your shoes. |
Make prep/review more efficient and make return more accurate quicker. |
Who will benefit from this idea? Whether it's specific roles of users, users of a specific product, or certain departments/markets, this helps us know who to talk to when we need more information. |
Any 990 preparers. It's helpful to immediately see if you're off by $1 (rounding issue) or $1,000,000 (bigger issue to resolve). |
How do you envision this idea being implemented at K1x? You're the expert and understanding how you see this working helps kickstart the idea. |
Just update the diagnostics to include amounts when there are variances within the return (something doesn't tie). |