User's Manual - Drake Software

Software Setup
Drake Software User’s Manual
Billing Options under the Billing options tab are described in Table 2-10.
Table 2-10: Options Setup: Billing
Option
Print taxpayer’s SSN on the bill
Show preparer fees withheld from
bank product
Print taxpayer’s phone number on
the bill
Print taxpayer’s e-mail address
on the bill
Sales Tax
Billing statement format
Description
Select this option to print the taxpayer's SSN on the bill.
Select this option to print on the bill the preparer fees withheld from the bank
product amount.
Select this option to have the taxpayer’s phone number (entered on screen 1)
printed on the bill.
Select this option to have the taxpayer’s e-mail address (entered on screen 1)
printed on the bill.
Enter the sales tax rate to add to each bill. Number must be greater than 1. For
example, 4.5 would represent a sales tax rate of 4.5%.
Select among seven formatting options, including:
- Billing by time (preparing bill based on time spent preparing return multiplied
by preparer's hourly rate as defined in Setup > Preparers)
- Billing by form (preparing bill based on forms necessary to complete return by
price entered in Setup > Pricing); program prepares a bill summary along with
the option selected here unless the Bill Summary option is cleared at Setup >
Options, Optional Documents tab.
Header on bill
Custom Paragraph
States
E-filing
Select among options for the header to be printed on the bill.
Choose to have a custom paragraph printed on the bill. Select a location, and
then write the paragraph in the supplied text box.
To select options for state returns, select the States tab, and then select a state abbreviation
from the drop list. When the options are displayed, select to activate or disable
them as desired and click OK. Available options depend on the chosen state. For more
on specific states, see the FAQ screen for each state program.
Options under the EF tab are described in Table 2-11. Some can be adjusted for an
individual return from the EF screen in data entry.
Table 2-11: Options Setup: EF
Option
Auto-generate taxpayer(s) PIN
Require ‘Ready for EF’ indicator on
EF screen
Lock client data file after EF acceptance
Print 9325 when eligible for EF
Description
Have the software assign a randomly generated PIN. (1040 only)
Requires that the Ready for EF indicator on the EF screen be marked
before a return can be selected for e-filing.
Locks the client's data file once it has been e-filed. Opening a locked file
requires you to acknowledge a warning screen before you can edit the
return. You can also access a locked file at Tools > File Maintenance >
Unlock Client Files.
Prints Form 9325, Acknowledgment and General Information for Taxpayers
Who File Returns Electronically, for every eligible return.
32 Tax Year 2012