Avalara TrustFile for Accountants
This guide provides an overview of Avalara TrustFile for Accountants features and related technologies. In addition, it contains recommendations on best practices, tutorials for getting started, and troubleshooting information for common situations.
- Add a Company
- Before you begin using TrustFile for Accountants, enter company information.
- Import or Synchronize Transactions
- Once you've added companies and verified your settings, provide sales tax data that TrustFile for Accountants can use to generate sales tax returns.
- Set up TrustFile Defaults
- Once you've added companies, verify your settings. Company address settings are particularly important because TrustFile for Accountants uses them to report on tax. This is also the time to add any additional users that may need access to TrustFile for Accountants.
- Edit or Delete a Transaction
- In the course of reconciling and troubleshooting problems with transactional data, you may need to make changes Avalara TrustFile for Accountants. Edit or delete transactions to reconcile problems with this data.
- Reconcile Data and Troubleshoot Discrepancies
- The liability report exposes discrepancies between the totals in TrustFile for Accountants and your accounting software. If you notice a discrepancy between gross sales and tax collected in TrustFile for Accountants and the gross sales and tax collected in your accounting system, use the liability worksheet to find and resolve any issues. If there aren't any discrepancies, you're ready to file a return.
- File a Return
- You're ready to file once you: 1) import data into TrustFile for Accountants; 2) inform TrustFile for Accountants when and which forms to file, and which states they should be filed in; 3) reconcile transaction data.
- Manually Enter Florida Return Values
- When your Florida returns are due, under State Settings, verify that the correct form is selected for Florida.
Shortcuts
Avalara TrustFile Release Notes- Read the release notes to learn about the latest changes, improvements, and fixes to TrustFile.