Recently switched firms and struggling with the CCH grouping. Is it possible to get the grouping correct without having to manually go into the software for certain line items? Dynalink seems cool but is it realistic? How can I become proficient? Based on the work papers at my current firm it doesn’t seem like it’s possible?

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Do not send the following accounts to tax return: Depreciation expense (if importing from fixes asset), retained earnings, M1 adjustments. You can right click the grouping accounts and change it there. Be sure to update your tax line grouping.

You may want to check your settings on the tax software how the information is being imported. Is it replacing what's already entered or is it just adding on any changes.

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Dynalink is great in theory, but I hated it in practice. It has its quirks. I worked with it for 3 years and never really found any helpful tips or shortcuts. You should try to get good at manipulating a client’s trial balance in Excel, to prep it for import into Engagement. In my opinion Dynalink is best for business returns that have the same recurring income and expense categories over and over, where the client keeps good books doesn’t create a bunch of new trial balance accounts each year for the same recurring stuff (a clean, consistent trial balance import is everything). My firm dealt with a lot of small businesses with messy, incompetent bookkeeping so I’m not convinced that Dynalink helps save time in those situations.

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