Managed Returns for Accountants
Shortcuts
Set up Managed Returns for Accountants- Learn how to set up Managed Returns for Accountants to file returns and remit payment on behalf of your clients.
- 1. Organize your team
- 2. Add client companies
- 3. Schedule client returns
- 4. Reconcile and review liabilities
Request client information
- What you need to set up Managed Returns for Accountants
- Request client funding power of attorney
- Understand the monthly Managed Returns for Accountants cycle
Organize your team
- Create a firm administrator
- Create a user permission group
- Add a user and set permissions
- Organize companies into groups
- Customize your page view
Add client companies
- Add an account for each client
- Add a company
- Send a client an AvaTax account link request
- Add where your client collects tax
- Add a company location
- Import company locations
- Guidelines for the company location import template
Schedule a return
- Submit a filing request
- Understand Compliance approval of filing requests
- Understand Canadian sales tax
- Maintain Managed Returns for Accountants
- Complete these tasks each month to stay tax compliant.
Manage transactions
- Create a custom transaction import template
- Import external data source transactions
- Import a tax-only credit
- Fix transaction import errors
- Guidelines for using the import transactions template
- Edit a transaction
Reconcile and review liabilities
- Review the liability summary
- Recalculate the liability summary after making adjustments
- Lock the liability summary to approve returns to be filed
- Unlock the liability summary to make adjustments
- Review unassigned transactions that won't be reported on returns
- Reconcile using the liability summary and reports
- Add recurring prepayments and prior payments
- Monitor and apply carryover credits
- Use vendor discounts and applied or excluded credits when reconciling
Update company and filing information
- Edit where your client collects tax
- Edit company information
- Edit company locations
- Update a filing request for a return
- Monitor where your client is registered to collect tax
- Deactivate a company when you stop filing their returns
Manage tax notices
- Send a tax notice to Avalara
- Check the status of a tax notice
- Request a representative power of attorney
Staying up to date
- View and download filed returns
- Download all filing confirmations for a client account
- Amend and file a return late
- Revoke an AvaTax account link