Audit Solutions Tips & Tricks
CCH® ProSystem fx® Engagement
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Do you have customers hat use QuickBooks to maintain their general ledger? Use the Import Excel QuickBooks Data feature to save time on formatting your data for import into the Trial Balance.
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Looking to share account grouping customizations between clients? Export and Import groupings from one trial balance to another during the initial implementation of Engagement to share account grouping customizations between clients.
Need a quick way to view all binders in your local file room with checked-out workpapers? From the Engagement File Room view, select View/Go To/Engagement Today to view diagnostics and statistics of binders in your local file room. Under Other Highlights, select "Binders with checked out workpapers" to view a list of binders in which you have current editor rights to at least one workpaper.
Make Prepared by Client lists easier by using Engagement Organizer. It allows your clients to upload documents into a secure portal by the date required by the auditor, simplifying the process of requesting, receiving and tracking documents and notes with your client!
Need to reach a CCH Tech Support representative while working on your engagement? Navigate to the Help Menu/CCH ProSystem fx Engagement Support/Live Chat to communicate with a CCH Tech Support representative while continuing to simultaneously work on your engagement.
Want to avoid closing each workpaper manually? Right-click on a tab location in the binder to choose "Close All Workpapers." With this method, you will receive the save prompts for all open and unsaved workpapers and view the Engagement workpaper description instead of the GUID. Select Tools/Options to check the boxes for "Express Synchronization on Open" and "Express Synchronization on Close" to automatically synchronize to the Central File Room. This guarantees any work completed since your last synchronization is "backed-up" to the Central File Room and ensures you have the most updated information when viewing a binder.
CCH® Prosystem fx® or CCH Axcess™ Knowledge Coach
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Looking for a way to easily insert a workpaper? In the Insert KC Workpaper dialog window, use the workpaper search field to find a workpaper in the tree. You can enter a portion of the name, if known, or the workpaper index. You can even search for the title year.
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Want to increase the success of your implementation? Templates, templates, templates! A successful implementation is all about the time you put into your industry templates. Create Engagement Binder Templates with customized Knowledge Coach workpapers to be used for multiple clients within the same industry. Save time by customizing workpapers with prepopulated answers and roll forward setting selections for clients with similar risks and procedures.
Tired of waiting for certain workpapers to refresh after each selection? Pause Auto Refresh stops the Knowledge Coach information and links from being refreshed automatically, this could save time for certain workpapers to avoid waiting on the refresh after each selection.
Looking for more transparency in Knowledge Coach? The Answer Effects tab on the Tips Pane provides transparency so that you know how Knowledge Coach treats the audit information in your binder in terms of logic and flow. It lists how the selected content affects other workpapers or other sections of the open workpaper. It also lists how the selected content is affected by other workpapers or other sections of the open workpaper.
Want to know where the information is flowing from? Double-click on a blue arrow to drill down to the source information for the applicable cell. This launches the workpaper that contains the original question and places your focus directly in the cell from which the information is flowing.
Need to reset your response in workpapers? When working in Knowledge Coach workpapers, if you make a selection in an answer selection box, use the Reset Answer feature to clear your response.
Looking to see which workpaper generated a diagnostic? Double-click on a diagnostics from the Diagnostics pane to directly navigate to the section in the workpaper that generated that diagnostic.
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TeamMate® Analytics
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Is there a way to share information across TMA users in the firm? Lists of Words, Dates and Normalization rules, Custom Formulas and Custom Modules in Expert Analyzer can be exported to the firm network and shared with other TMA users in the firm so that each user does not need to spend the time to create the same information for use on their computers.
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What setting options are available? Setting options include adding number, currency, date formats, and also adding standard lists of dates or words that are used often for different tests.
Looking for a leg up on sampling? TeamMate has a lot of functionality to ensure that you dominate your samples. Don't forget with this tool you can more easily segment your population reduce your samples and employ MUS!
Trying to tick and tie balances in Excel? After inserting the Tickmarks checkmark on a cell or range of cells, you can change the look of the tickmark by entering a letter or number in the same cell that has the tickmark.
Want to automate some of your common and frequent tools? Make them a quick shortcut. For example, if you can click on the "Sheet Checker" step as a quick access step in the quick access toolbar. When you click on the "Sheet Checker" step under the TeamMate Analytics ribbon, you can select "Add to Quick Access Toolbar". By doing this your sign-off step is now a number between 1-10. Depending on the location of the item, you can quickly sign off by pressing alt + 1-10 (depending on where it's assigned) consecutively.
Need to deal with large data files? The Expert Analyzer/Workflow feature supports analyzing large data files.
Want to move between worksheet tabs faster? Make a habit of using the Open Workbooks tab in the Help section of the TMA ribbon for quicker moves between worksheet tabs.
CCH Axcess™ Financial Prep
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Are their options to roll forward journal entries? When rolling forward the engagement to the following year, you have the option to roll forward journal entries and either keep the amounts or clear the amounts. This is helpful when you're making the same adjustments or same tax journal entries each year. If the JE is rolled forward, and amounts are cleared, you can quickly open the JE that rolled forward and type in the debit and credit amounts.
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Want to access workpapers more quickly? Upload workpapers that support the engagement and add “tags” so workpapers can be quickly be accessed from the different lead sheets and reports, as well as the "workpaper view".
Want your workpapers to automatically sort in a particular order? Upload workpapers that support the engagement and add indexes so the workpapers sort in a logical order.
Looking to save time in CCH Axcess Financial Prep? You can now copy an engagement to create a new engagement, saving time by reusing setup work on a similar engagement or customizations made to financial and tax grouping lists.
Want more data on your screen? The new navigation and Tool Pane enables you to see more of your data on the screen, where you can access the trial balance, leadsheets, financial statements, tax summary report, the workpapers page, and recycle bin.
Need to share Excel files with clients? Export reports to Excel (such as financials, trial balance reports, groupings reports, journal entry reports, etc.) to easily share them with clients.
Want to practice on a tax return? Create a second version of the tax return to practice or test the link from financial prep without affecting the actual/real return!
Trying to provide your client with a trial balance they can complete themselves? Create an Excel trial balance template in the format the software needs to import the data correctly and give it to your clients. With the proper headings and column structure, the client can complete and send.
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