The Tax & Accounting business of Thomson Reuters has added several new features to the latest version of its Workpapers CS software for managing tax engagement workpapers.

New features include document handling and workflow enhancements, image capture capabilities, digital annotation and more.

Workpapers CS allows practitioners to process all types of live workpapers electronically, perform trial balance calculations, and manage workpapers using a tree structure with review notes, signoff notations and other functions.

The new features are the next step in the tax and accounting profession’s evolution toward a completely digital future, even in formerly paper-intensive areas like tax engagements, according to Scott Fleszar, vice president of strategic marketing at the Tax & Accounting business of Thomson Reuters.

“With Workpapers CS, we’re building out the digital infrastructure that is enabling accounting firms to operate efficiently in a completely digital world,” Fleszar said in a statement. “The digital environment needs to be as intuitive as operating on paper but with far greater efficiency. Workpapers CS provides the functionality to make that happen.”

Enhancements in the new release include the ability to create PDF files from mobile device camera captures or other sources and add tick marks, stamps, text and more. The latest release also offers new trial balance integration with Microsoft Excel. It offers the ability to create a bookmarked PDF of an engagement binder and send it to FileCabinet CS or to a location on a local computer.

Another enhancement is the ability to preview workpapers directly in the workpapers dashboard. Users also now get the ability to scan workpapers directly into the engagement binder on locally installed versions, and they have the ability to finalize an engagement binder.

“Practitioners need to be looking at digitalization as more than an enhancement to their workflow,” said Fleszar. “it’s really a reinvention of the workflow around cloud-based and mobile technology, and Workpapers CS is a key part of that,” he said. “This latest release makes some important advances that will help practitioners create more efficient workflows, stay productive in and out of the office, and collaborate in new ways.”

For more information, visit http://CS.ThomsonReuters.com/WorkpapersCS.