CCH ProSystem fx Scan with AutoFlow Technology™ Streamlines Return Preparation

(RIVERWOODS, ILL., August 4, 2008) – This coming tax season, firms using ProSystem fx Scan and ProSystem fx Tax from CCH can take advantage of AutoFlow Technology™ to speed tax preparation and slash costs. Information will flow automatically from scanned 1040 source documents to the client’s tax return. CCH, a Wolters Kluwer business is a leading provider of tax, accounting and audit information, software and services (CCHGroup.com).

ProSystem fx Scan v4.0 with AutoFlow Technology extracts information from selected scanned source documents used to prepare Forms 1040, facilitates verification of the data and imports it directly into ProSystem fx Tax.

“During tax season, when time is at a premium, AutoFlow Technology will shift 1040 data entry functions away from a firm’s professional staff,” said Bob Dias, CCH Vice President of Product and Segment Management. “Any solution that saves significant professional time is obviously of huge benefit.”

Firms currently use the award-winning ProSystem fx Scan to create an organized and bookmarked PDF, freeing highly-trained and valuable professional staff members to focus on billable, value-added services. ProSystem fx Scan v4.0 with AutoFlow Technology combined with ProSystem fx Tax and PDFlyer will provide a completely paperless, fully integrated 1040 solution.

Extractable Forms

Available in December 2008, Scan v4.0 with AutoFlow Technology will extract data from the following forms for importation into ProSystem fx Tax:

  • 1098
  • 1099R
  • 1098T
  • 2439
  • 1099 DIV
  • SSA 1099
  • 1099 INT
  • W2
  • 1099 MISC
  • W2 G
  • 1099 Q

 

Forms K1-1065, K1-1041 and K1-1120S and Combined Statements are also currently under development.

Pay Per Return

AutoFlow Technology is built into every copy of Scan v4.0, and will be available for use on a per-return basis via the existing return authorization request process. Users can also buy authorizations at a substantial discount in advance of tax season. One authorization is used per 1040 return — regardless of how many source documents a client brings in, how many times scans are performed for a return or how much 1040 data is extracted.

For More Information

Click here to register for a free live Web demo and find out more about ProSystem fx Scan v4.0 with AutoFlow Technology. For more information, contact your CCH representative at 800-PFX-9998 (800-739-9998) or visit CCHGroup.com/Scan.

About CCH, a Wolters Kluwer business

CCH, a Wolters Kluwer business (CCHGroup.com) is a leading provider of tax, accounting and audit information, software and services. It has served tax, accounting and business professionals since 1913. Among its market-leading products are The ProSystem fx® Office, CorpSystem®, CCH® Tax Research NetWork™, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill.

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2007) of €3.4 billion ($4.8 billion), maintains operations in over 33 countries across Europe, North America and Asia Pacific and employs approximately 19,544 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. For more information, visit www.wolterskluwer.com.

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