Outsource ProSystem Fx Reports

CCH's award winning ProSystem Fx and ProSystem Fx corporate suite of products can transform your organization into a digital environment with valuable insights, regulatory compliance, management reporting and financial research for your business.Pro System Fx solutions are positioned by categories Office, Corporate, Research, Books & Journals and Sales Tax and industry, which includes Accounting Firms, Corporations, Educational Institutions and Law Firms.

• Help your team work effectively in-house and remotely thus increasing productivity
• Binder Snapshots show users workpaper count, notes and sign off status in a single view
• Has options to sort and alerts due binders and desynchronized items

Integrated Solution

An integrated solution with CCH and ProSystem Fx includes software and research tools that can help

accounting workflow and tax compliance for your organization. By investing into this combination of tools you will achieve quality, efficiency, and tangible ROI for your company.

The tools:

• ProSystem Fx engagement
• Accounting Research Manager (ARM)

ProSystem Fx Engagement

Prosystem Fx Engagement will move your organization towards efficient Financial Reporting, fulfill internal Auditing needs and meet Tax Compliance Requirements with electronic workflow.

Collaboration Tools

• ProSystem Fx collaboration tools help your team work effectively in-house and remotely thus increasing productivity. ProSystem Fx engagement features for collaboration:
• Documents can be assigned to employees
• Create and respond to notes
• Online sign-off and locking documents after review for protection
• Project wrap up with Finalize Binder Wizard
• Engagement Today feature shows the status of binders, has options to sort and alerts due binders and desynchronized items
• Binder Snapshots show users workpaper count, notes and sign off status in a single view
• Trial Balance Snapshot presents data in a dashboard for all high-level financial data, accounts and out-of-balance status for selected trial balance. Consolidated trial balances can also be viewed here.

Trial Balance Versatility The only trial balance system built on Microsoft Word and Excel technology, ProSystem Fx Engagement's trial balance features:

• The Import Wizard allows data import from virtually any accounting packing
• Monthly management reports can be created with links to trial balance
• With every journal entry automatically all related reports and sheets are updated
• Trial balance summaries for various reporting needs with unlimited account groupings
• Account balances can be maintained with 36 previous history periods
• Budget to actual reports can be created easily by importing budget balances
• Export data to tax packages for Forms 1120, 1120S, 1065 and 990.

Roll Forward Feature

• All financial statements are automatically updated with current dates and data
• Preserve customized documentation
• View current and previous binders together Integration with Microsoft Office It is most likely that you have invested in Microsoft Office products and now use it to your benefit by integrating with ProSystem Fx.
• ProSystem Fx Engagement seamlessly aligns with Microsoft Outlook to improve collaboration
• Flexibility in formatting and presentation of documents
• Choose from Word and Excel templates or custom build
• Leverage your Microsoft Office knowledge and save costs

Integration with other CCH products

There are many CCH solutions which come integrated with ProSystem Fx EngagementRoll Forward Feature

• ProSystem Fx Engagement comes integrated with CCH Internet Tax Research Network, a repository of federal and state tax laws and keeps information up-to-date.
• Access to CCH's Accounting Research Manager is a comprehensive library of accounting, auditing and SEC information. It also provides guidance to help you understand and comply with changing standards.
• Integrated with ProSystem Fx Tax, a exhaustive income tax compliance tool used by major corporations
• Another module ProSystem Fx Profit Driver is a financial analysis application which provides insights into your business problems, helps predictions, discovers solutions and provides powerful "what-if" scenarios
• With ProSystem fx Fixed Assets reports you can store your tax returns in a PDF format and move towards an electronic environment.

Security and Administration

With ProSystem Fx Engagement Administrator Module you can customize the application to suit your needs. The Administration Module also helps in:

• Creating member groups at different hierarchies to suit their roles and allow access rights
• Sharing information across organization with office servers
• Giving access rights based on users, binder teams or all employees
• Filtering clients by groups in the administrative module or file rooms
• Sharing tips and policies using Tips of the Day feature

Technology

ProSystem Fx Engagement now uses MSDE (Microsoft Data Engine) to manage data for Administrative and Central databases. With SQL server database managing distributed computing, its enterprise level reliability and sophistication provides an economic and scalable solution for your company.

Accounting Research Manager

Accounting Research Manager is the most comprehensive online database with expert guidance documents, governmental and internal controls and SEC literature, accounting, audit and analysis reference. It provides United States and International authoritative and proposal stage literature with links to CCH interpretations and guidance.

• FASB statements, technical bulletins, and related documentation
• AICPA professional standards, Audit and Accounting guidelines
• SEC Financial reporting related Rules and Regulations
• EITF Abstracts, Minutes and Issues summaries
• PCAOB Rules and releases, Proceedings, Proposals and FAQ's
• IASB Reporting Standards
• GASB Statements, Interpretations, Guides
• GAO Auditing Standards and Financial Audit Manual
• OMB Circulars and Compliance Settlements
• COSO Internal Control Framework
• IIA Reports and SOX 404 guide

Accounting Research Manager Database is updated daily to keep up with the new current. You can get immediate access to updated literature, weekly digests, and notification on recent changes to accounting principles.

The integration of Accounting Research Manager and ProSystem Fx Engagement can help you achieve an integrated solution to all your accounting needs. The best features of ProSystem Fx Engagement like Trial Balance management, Collaboration tools, Microsoft Office integration, flexibility with different file formats, and Accounting Research Manager's expert guidance can assist your team in moving towards increased productivity, timely compliance and sound decision making. CCH's and ProSystem Fx suite of products are designed to satisfy all the demands of large and small corporations and can stand alone or be aligned with each other.

The different products seamlessly work with each other and also with existing accounting packages thus reducing the effort and cost of integration. With the foundation build on Microsoft Excel, Word and an enterprise solution like SQL Server Relationship database it is easy to deploy, use and robust to scale up as your needs grow. ProSystem Fx application will ensure that you have a paper less environment apart from considerable savings from automating your accounting and financial processes.

With its focus on finance serving operations, the TA team is dedicated to helping you find ways to cut costs, adopt the most efficient technology and achieve critical business insight.

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