Intuit Inc. has rolled out a new product, Source Doc Auto-Entry, which allows accountants to scan and import client data from common tax documents and import that data directly into the company’s Lacerte and ProSeries software.The solution is designed to work with most Twain-compliant scanners (a category most newer scanners fall into) and will allow tax preparers to digitally scan several client documents simultaneously, including such forms as W-2s, 1099-INTs and 1099-DIVs.
Accountants can then quickly review the documents for accuracy before importing that data directly into Lacerte or ProSeries tax prep software, where the numbers are then instantly mapped to the appropriate fields.
Intuit said it partnered with speech and imaging solutions company Nuance Communications Inc. to develop the product.
“We think Source Doc Auto-Entry could be the single-biggest boost to productivity for tax preparers in a very long time,” said vice president of Intuit’s professional tax division, Sasan Goodarzi.
A stand-alone version of Source Doc Auto-Entry is available starting at $350 for ProSeries users, and $450 for Lacerte users. The software is expected to begin shipping in January.
Separately, Intuit also announced new training for Lacerte users that combines updates to tax laws as well as the software. The course will be continuously updated as changes in tax laws or the Lacerte program occur throughout the season. The training is priced at $200 per office location for unlimited training registrations and course updates will be conducted through April 15, 2007.
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