Full Service Welcome Call
When you unassign yourself from the engagement.
The client has missed the intro call or cannot provide drivers license
3 State returns and 1 final return
Final returns are OOS
Incorrect depreciation was taken on prior year tax return.
What is Form 3115 used for?
Customer has no books
Send to TRP
5 Digits
Screenshare Code
Branded Greeting
Calculations of Unrelated Business Income tax
Tax exempt partners or members such as an IRA, are out of scope, as they have to file UBI
Shareholder Loans
A customer cannot have negative equity. How can we correct that?
Customer has not reconciled bank statements or credit cards
Do not send to TRP, the customer must do this for all engagements
View on the Welcome Organizer, when the customer has bypassed QuickBooks clean up and has not signed the 7316.
Mandatory document prior to matching to expert
Drivers License
Member/partner has a foreign address
A foreign address alone, does not disqualify a client. If they are subject to foreign withholding. that disqualifies a client
This is required when it is the clients 1st year filing or if they filed these 3 schedules in the prior year.
Schedule L, M-1, M-2
Prior year financials do not tie to the prior year tax return.
Do not send to TRP immediately, consult with your manager first
Management Report
This is the report name QuickBooks uploads the Balance Sheet etc
No problem - I'll still be able to match you to your expert.
When the client says, "I need some time to collect those documents", or "I don't have access to the documents right now"
Due to TTO shutdowns
Why Calendar returns are supported and fiscal year is not.
What is the correct format for a Direct Note
Date
Issue
Resolution
Expected Completion Time
Depreciation Adjustments
M-1 Adjustments
Equity Adjustments
What are items an expert can process Adjusting Journal Entries without sending to TRP?
QuickBooks Front Door Consult
Enter this workflow if there are missing documents or incorrect data in the Management Report
Document not needed if this is the customers first filing as a business.
Only case when Prior Year return is not needed.
Returning BizTax customer Final Return
Final returns are in Scope if they are a returning BizTax FS customer
Reasonable Compensation and Shareholder Distributions
If the customer has no distributions it is not necessary to evaluate for reasonable compensation
General Ledger
It is not necessary to audit this report within the customers books
Clients QuickBooks Expert
One person who you are unable to contact during the engagement