How to set up Simple Tax 1040 to charge the same tax preparation amount for every return you prepare

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How to set up SimpleTAX 1040 to charge the same tax preparation amount for every return you prepare

 SUMMARY

 This article demonstrates how to set up SimpleTAX 1040 to charge the same tax preparation amount for every return that you prepare (flat rate billing).

 MORE INFORMATION 

25 STEPS

1. Click Billing

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2. Click the check box for No Prior Year Balance or Invoice

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3. Click the check box for No Prior Year Preparation Fee on Invoice

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4. Click Form Billing

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5. Enter your prices under Per Item column

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6. Select a State to add your Preparation Fees to the State Forms from the drop down menu.

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7. Click Worksheet 

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8. Enter your prices under Per Item

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9. Select a State to add you Preparation Fees to the State Forms fro,m the drop down menu.

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10. Click Line Items

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11. Enter your prices under Per Item

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12. Select a State to add Preparation Fees to the State Forms from the drop down menu.

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13. Click Discounts

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14. Enter a Discount Name

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15. Enter a Discount Percentage or Discount Amount

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16. Click Custom Charges

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17. Enter Charge Description

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18. Enter Amount

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19. Click Custom Settings

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20. Audit Assistance, Protection Plus is automatically being added to each return, If you wish to NOT have it add automatically un-check the boxes.

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21. If you wish to keep Audit Assistance, Protection Plus automatically being added and want to add your fee for the product, you can enter your fee up to $55 in the Add On Fee/Mark Up Amount.

That additional fee is paid to you as the preparer.

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22. Click OK

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23. Enter the name of the new Billing Scheme.for this Tax Season.

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24. Click OK

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25. You will get a message stating “There is no default billing Schena Selected. Do you wish to set current schema as default?” Click Yes and you are Done!

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Here’s an interactive tutorial

https://www.iorad.com/player/1691149/Software-Setup-Wizard-for-Billing

  • On the Setup menu, click Billing Setup.

  • Click the Form Billing tab.

  • Type your tax preparation fee in the 1040 row in the Per Item column.

  • Click OK.

Note: On any returns created prior to this setup, open the return and click on “RETURN” at the top Menu and then click “Re-load Billing” from the drop down menu to set the billing for that return.

 

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