Drake tax software has been around in the market for a long time and helps businesses in the process of tax filing and other activities. This allows your finance professionals to focus on other key areas of business while utilizing Drake Software for simplifying the tax filing process.
Take for example the online filing of the 1040 returns process. The cloud-based Drake software offers a wide range of plans that can be used in both single-user and multi-user environments. It even supports the pay-as-you-go model which is especially convenient for small and medium businesses. Business owners can track returns and tax filing information in simplified portals.
As the 2020 tax filing season approaches, finance professionals have to prepare for the approaching responsibilities and update their services and prices accordingly. Drake cloud hosting is one of the best available aids for this process as it makes easy for CPA firms and accountants’ task simple and manageable.
Simplified automation with Drake Hosting
One of the most important aspects of any accounting practice firm is to keep track of the billable hours. With Drake cloud hosting, the necessity to install software updates and patches will be eliminated. Additionally, the need to install an add-on for the local system will be minimized along with the regular manual entry process. This is arguably the most important aspect of the Drake Software which allows professionals to focus on priority tasks like tax filing, client invoice follow-ups, setting up reports, and completing payments. All these add up to the cause of increasing billable hours for accountants working on a project.
Better organizing ability
Drake automates several tasks and can be further enhanced in its capabilities with plugins like SmartVault, GruntWorx which merge with the software to simplify workflows and processes. It is compatible with MS Office which makes it easy for tracking work for several different clients simultaneously. This not only reduces time-consuming entries while minimizing errors during the tax filing process.
Features on Hosted Drake
Hosted Drake tax software provides several unique features. It can allow users to access databases and saved client data round-the-clock using any device. The ready-to-use templates for filing different forms like 706,709, 990, 1041, 1040, and so on simplify the tax filing process. In addition to this, it supports features like simplified accounting records and transactions updated, simple but detailed audits, financial expenses, and investment tracking, investments, and document management. This promotes transparency and simplicity in the tax filing process.
Why You Should Opt for Drake Software
Drake software is arguably one of the most flexible, user-friendly, and affordable solutions for accounting practices. When used with a suitable Desktop as a service solution, Drake can become highly reliable, scalable, and flexible while fitting into the appropriate budget range. It is regularly updated to meet the increasingly stringent compliance rules for security purposes. As a trusted CSP, Apps4Rent provides hosted Drake on a cloud-based Desktop as a Service for businesses around the globe. Our consultants help via phone, chat, and email for all technical issues for free.