CCH iQ integrates with Xero Tax to generate new levels of profitability and efficiency, allowing you to grow your practice and provide a better service to your clients!
What is CCH iQ and how does it work?
When combined with Xero Tax, client data can be updated in CCH iFirm and synchronised between the two databases, allowing you to efficiently maintain accurate data in both systems while using a combination of software solutions that best fit your business needs. Once connected with Xero Tax, you can experience an intuitive system which really makes a big impact to your business, allowing you to sustain a competitive advantage. You can leverage your data more effectively! CCH iQ enables you to improve efficiencies by spending less time on manually identifying affected clients and their files, but rather developing critical revenue opportunities.
Interested in learning more about CCH iQ?
Register for our webinar: CCH iQ – Unlocking Your Tax Data To Predictive Intelligence. This webinar will go into how CCH iQ links with your systems and continuously syncs to automatically identify impacted clients with real industry or legislative events to generate business opportunities for your firm.
CCH iQ combines Wolters Kluwer Tax and Accounting research expertise with best in class software. When new tax legislation triggers a “tax event,” the system will perform a search across client tax data, for those who will be impacted by the tax event.
Move away from reactive compliance to proactive advisory work. You can click on the event to see a list of clients that might be affected. The system also includes a client letter that explains the change. Links to CCH iKnow give you access to even more information and tools.
With this information at your fingertips, you can reach out to affected clients and explain the impacts of a tax event . You can send the letter that CCH iQ generates, or you could invite the client to engage in a more in-depth discussion about their needs post change.
How to connect
- Connect your iFirm and Xero Tax accounts through the iFirm Integrations settings
- Sync your clients between iFirm and Xero
- Enable CCH iQ events through iFirm Integrations settings
- Tax return data will be imported from Xero
- Start seeing client matches in iQ
Xero is world-leading online accounting software built for small business.
- Get a real-time view of your cashflow. Log in anytime, anywhere on your Mac, PC, tablet or phone to get a real-time view of your cash flow. It’s small business accounting software that’s simple, smart and occasionally magical.
- Run your business on the go. Use our mobile app to reconcile, send invoices, or create expense claims – from anywhere.
- Get paid faster with online invoicing. Send online invoices to your customers – and get updated when they’re opened.
- Reconcile in seconds. Xero imports and categorises your latest bank transactions. Just click ok to reconcile.