The Tax & Accounting business of Thomson Reuters has released Workpapers CS workflow software for managing workpapers and source documents.
Available in both on-premise and cloud-based formats, Workpapers CS offers various features for managing documents and data, perform trial balance calculations, and collaborate with other firm staff members. Features include the ability to process all types of live workpapers and link balances to the trial balance. The software also proves collaboration featurs, with the ability to share workpapers, comments, and instructions with staff in real time. Other features include simplified workpaper organization, assignments, and routing for digital review and expedited processing, along with trial balance reporting and financial statement editing capabilities.
“Workpapers CS represents a shift in how practitioners choose to manage workpapers going forward,” said Scott Fleszar, vice president of strategic marketing at the Tax & Accounting business of Thomson Reuters,. “Whether the engagement is tax return preparation, an audit, or anything in between, Workpapers CS will do much more of the heavy lifting to centralize information, processing, document management and storage—and collaboration is easier than ever before.”
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