Standardized Workpaper Index
A fundamental element of well-organized workpapers is a standardized workpaper index. When workpapers are indexed in a consistent manner, reviewers know where to find them. Document management systems make it difficult to organize workpapers this way because they only allow organization at the file level, not at the workpaper level. For example, a PDF file containing 50 pages and an Excel file with 3 worksheets could be printed and organized as 53 workpapers in a paper binder. In a document management system these workpapers are displayed as two files.
SPbinder is the only workpaper system that allows you to regain the organizational flexibility of paper with all of the benefits of a paperless environment. With SPbinder, the workpaper index follows the flow of the tax return or your firm’s own custom index and all standard documents (W-2s, 1099s, K-1s, etc.) are automatically bookmarked and organized. SPbinder can manage all of your PDF, Excel, Word and Email workpapers and SPbinder is included with all SurePrep software and service options.
Click on the image to the right to see an example of SPbinder's standardized workpaper index.