Sessions

H07 ~ Tax Calendar: Tips and Techniques

Description

In this interactive hands-on session, you will travel beyond the basics of Vertex Tax Calendar and explore some of the best practices in populating the database with Custom obligations, copying / importing obligations into new Filers and controlling the calculation of Annual Report due dates.

You will also master the “Obligation Selector” (Reporting) tool and the “Multi-Update” function that simultaneously enters/updates extension due dates – and other information - for numerous Filers and Jurisdictions.

And, you will explore how valuable the “E-mail Notifier” add-on component can be for the scheduling and automated delivery of Obligation due dates and related information to anyone in your department.

Audience

Tax Professional | Tax Manager

Objectives

By the end of this session, you will be able to:

Create Custom Obligations (using the 3 due date calculation methods).
“Copy” existing Obligations and Import these into a new Filer.
Control the calculation of annual report due dates.
Create a report “query” for standard or custom reports using any set of Obligation data.
Simultaneously update data associated with numerous Filers and/or Obligations.
Recognize the benefits of scheduled and automatic “Obligation data” e-mails.

Prerequisites

Used Vertex Tax Calendar for at least 1 tax season

Session Level

Advanced

CPE Credits

Tax Type

Income

Delivery Method

Hands-On