For Tax Professionals
Are you a tax accountant who deals with a lot clients for whom you file Schedule C? Do you have trouble with:
- Clients bringing you that "shoe box" full of receipts, leaving you spending hours sorting through them all?
- Clients who couldn't figure out how to use traditional accounting software, leaving you spending time fixing the data they have entered?
- Clients who need lots of assistance before they can understand how to use those accounting applications?
Pocket Ledger may be a solution for you and your clients. It is a simple ledger-based accounting application. It does not do any of the other things that more full-featured accounting software does, so there are no other features to get in the way of you getting the data you need from your clients in a usable format.
You can quickly get them set up in Pocket Ledger and describe the basic operation to them. Since it's so easy to use, there is a much greater chance they will use it - properly. That greatly increases the chances that you will get just what you need to file their taxes in as little time as possible.
How Does It Work?
Your clients will enter their transactions in the simple input form, categorizing them as they go. By far the hardest part is properly categorizing the items.
Clients will then give you access to their account, either by selecting you as their accountant from within the system, or by creating a special login just for your use.
When it comes time to prepare their taxes, you will simply view the reports screen, and prepare various summary reports on which ever categories of expenses/income you wish. Use the totals to fill in the various lines in the tax forms. Summary views can include details of line items, so that you can quickly scan to verify that all the items are properly recorded.
That's It. Really.
Because Pocket Ledger does not provide 'full service' accounting software features, your Schedule C clients won't be intimidated by it. They might actually use it...
Join today and get a free Tax Professional account.