The integrated service, which is available exclusively to Intacct customers, cuts CPA workloads by automatically transferring tax-related information from the Intacct accounting system to ProSystem fx Tax business products including Partnership, Corporation, and S-Corporation, stated the company.

"The integration of the Intacct system with CCH's ProSystem fx Tax is the first of its kind," David C. Thomas, CEO of Intacct emphasized in announcing the new service's public release. "This will save CPAs hundreds of hours during the hectic tax preparation season-not only making them more efficient, but enabling them to reduce client fees."

By selecting a tax preparation tab from within the Intacct system, CPAs can instruct the Intacct system to download client tax information into ProSystem fx Tax. The information is transferred into the ProSystem fx Tax General Ledger Connection where it is then mapped for user appropriated assignment into ProSystem fx Tax fields and forms. With this automated feature, Intacct estimates CPAs can reduce hours-per-client spent entering tax-related accounting data by hand into ProSystem fx Tax, and also significantly increase the accuracy of the data-input process.

"The long-term value of Internet technology is beyond question," said Gene Landoe, president and CEO of CCH Tax Compliance. "By integrating with leading edge solution providers like Intacct, CCH is leveraging online solutions to help accounting and tax professionals stay one step ahead of their competitors."

The new Intacct/CCH service, a part of Intacct's E-Practice offering, is available as a free immediate upgrade to Intacct customers.

"The Intacct/CCH integration is a very compelling offering," explained Tom Chavanne, CPA, of James+Hardy, a Shreveport, Louisiana based CPA and Consultant Group. "With the ability to download directly from Intacct into ProSystem fx Tax, not only will our firm save time by eliminating the manual data input process, but we will also save money for our clients. It's a win-win situation."