Drake Software - The Professional Tax Solution

FLEXIBLE DATA ENTRY
You’re in control! Choose to enter data using the interview method, heads-down method (proforma) or
forms-based method, whichever suits your preference. Create the visual environment that’s appealing to
you, and avoid omitting important information needed for the return.
AMORTIZATION SCHEDULE
Determine payment amounts, interest rates, and yearly totals.
CUSTOMIZED LETTERS
Keep in touch with your clients with over 40 letter options such as: pre-season, post-season,
engagements, privacy, K-1s, and result letters. Choose from an existing template to customize your
correspondence, or create your own from scratch. The Client Communications Editor allows you to
fully customize letters with keywords and conditional paragraphs, font choices, letterhead options,
and many advanced features to enhance and personalize your client communications.
IMPORT & EXPORT FEATURES
Fast, Easy, and Saves Time.
• 8615 Export. Simplify data entry in a quick, two step process. Export the parents’ tax information
to a child’s tax return, saving you time and keystrokes.
• K-1 Export. Pass through entity Schedule K-1 data flows into 1040 tax returns.
• Trial Balance Import. Using a familiar spreadsheet interface, you can simply enter your balanced
books in our Trial Balance spreadsheet tool and import the data into 1120, 1120S, and 1065 returns.
• Schedule D Import. Clean and simple. Take all of your Schedule D transactions from Excel and,
with the click of a button, import unlimited entries into Drake.
• W-2 Import. Import W-2 information from the internet directly into the tax return using a direct link
to W-2 eXpress®.
Practice Management
Organized & Efficient
CLIENT STATUS MANAGER
(CSM)
Client files listed in the CSM
are easy to search, view,
and organize for both paper
and e-file returns. Follow the
workflow within your office
and manage your productivity
with on-screen tracking and
reporting. Track everything
from preparer efficiency, billing
revenue, and even see your
real-time accounts receivable
at the click of a button.
Filter CSM View
“My favorite features are the ease of use and accuracy. I have looked at cheaper
programs and more expensive programs — they just don’t offer what Drake does. There
are so many convenient features available from Drake and all of it at no additional cost.”
Lillian • Valued Customer Since 1996
Set Return Status
Drake Software | 8 0 0 . 8 9 0 . 9 5 0 0 | Dr a k e S of t wa r e . c o m