ProSystem fx Tax

Next Generation ProSystem FX Tax is a leap into the future for CCH. Offered only in Software as a Service (SaaS) platform for the 2009 tax year, it is expected to be available as a standard installation in the future. Various licensing types and service packaging will be available to make this an attractively and competitively priced system, but the pricing is still in process and not available at publication date.

With their current market strongest in firms with multiple offices and 20+ employees, ProSystem FX is looking to be stronger in sole-proprietor firms. This SaaS model decreases technology costs and increases productivity and flexibility, allowing the package to be financially feasible for a wider range of firms.

To create this program they started with the successful Prosystem FX system and then enhanced the user interface and productivity features to make the package more efficient. By using a Microsoft Office look and feel it creates familiarity and decreases the learning curve. The dashboard is configurable with multiple panes available for the user to choose what views will give them the best access to their information. A notification window presents notices of the status of returns, letting the reviewer know when returns are ready for the next step in the preparation process.

The power of the package is in the flexibility of the options. The print sets can be configured on a firm level so that client, accountant, and other print types can each have the required forms set up as “always print”, “suppress”, and “only if data”. Each print type can have its own watermark, such as “file copy”, “do not file”, or “none”, preset in the system or customized by the preparer. In addition, each print type can be routed to a separate location - printer, email, or file. A separate object, such as a spreadsheet, can be inserted into one or many print types, and appropriately located within the printout or file. A powerful letter template library allows you to customize global and individual letters for every client situation. 

A change from prior versions of ProSystem FX, the worksheets now have a tree-driven menu on the left side. This menu is constant throughout the package and allows easier access to forms you need, when you need them.

According to Angela A. Askew, product management for ProSystem fx Tax, CCH, “CCH is constantly investing in and delivering innovative workflow solutions to deliver the latest technology to aid productivity, and comprehensive resources to get the job done. Now, with the exciting introduction of the next generation of ProSystem fx Tax, we are launching robust tax product and workflow services, developed with extensive customer feedback, delivered on a dynamic, centralized, SaaS platform to help our customers connect to their clients, staff and information to work more productively and efficiently.”

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