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User's Manual - Drake Software

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<strong>Drake</strong> <strong>Software</strong> User’s <strong>Manual</strong><br />

Appendix D: Acronyms & Abbreviations<br />

This appendix lists and defines many of the acronyms and abbreviations you may<br />

encounter when using <strong>Drake</strong> tax software.<br />

“A” ack<br />

ack<br />

ACH<br />

ACRS<br />

AGI<br />

AMT<br />

ATIN<br />

“B” ack<br />

CAF<br />

CSM<br />

COGS<br />

CWU<br />

“D” ack<br />

DAN<br />

DCN<br />

DD<br />

DDM<br />

.doc<br />

.DTP<br />

Accepted transmission.<br />

Acknowledgment. A report generated by the IRS and by <strong>Drake</strong> to a transmitter that<br />

indicates receipt of transmissions.<br />

Automated Clearing House. A system that administers electronic funds transfers<br />

(EFTs) among participating financial institutions.<br />

Accelerated Cost Recovery System.<br />

Adjusted Gross Income<br />

Alternative Minimum Tax<br />

Adoption Taxpayer Identification Number. A tax processing number issued by the IRS<br />

as a temporary taxpayer identification number for a child in the domestic adoption<br />

process who is not yet eligible for a Social Security Number (SSN).<br />

Bad transmission<br />

Centralized Authorization File; number issued to a preparer by the IRS.<br />

Client Status Manager. a tool for tracking workflow within a preparer’s office.<br />

Cost of Goods Sold<br />

Client Write-Up<br />

Duplicate of previously filed return. Rejected.<br />

Depositor Account Number. The financial institution account to which a direct deposit<br />

refund is to be routed.<br />

Declaration Control Number. A unique 14-digit number assigned by the ERO (or, in<br />

the case of online filing, by the transmitter) to each e-filed tax return.<br />

Direct Deposit<br />

<strong>Drake</strong> Document Manager<br />

File extension for Microsoft Word files<br />

File extension for Scenario Planner files<br />

Tax Year 2012 D-1

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