What are the different GruntWorx products offered?
GruntWorx - A submission consists of one or more of these three products:
- Organize
- Default product. This is part of any job submitted to GruntWorx and returns a bookmarked PDF document to you.
- Organizes, bookmarks, and labels scanned tax documents so you can easily find and review any document.
- Standardizes workflow with consistently-organized tax documents.
- Populate
- Optional add-on product. Data from supported tax forms, returned to you in an XML file, can be imported into Drake.
- Reduces data entry with accurate data extraction and population into Drake Tax Software.
- Reduces burdens on preparers and reviewers, allowing them to focus on higher value activities.
- Available for package types 1040, 1041, 1120, 1120-S, and 1065.
- Trades
- Optional add-on product. Trade data, returned to you in a Microsoft Excel spreadsheet file, can be imported into Drake.
- Prepares trade details from scanned consolidated brokerage statements for importation into Drake Tax Software.
- Available for package types 1040, 1041, 1120, 1120-S, and 1065.
GruntWorx LITE
- Organize LITE
- A submission consists of the organize product only. GruntWorx Organize LITE is processed strictly through GruntWorx technology with no human validation, resulting in a more affordable entry point to paperless automation. With acceptable scan quality, you receive an organized document back in minutes.
- Populate LITE
- Starting in tax year 2020, you can submit a Populate LITE job. Populate LITE is designed to give you the benefit of automating select data entry, but with a do-it-yourself product featuring a quicker turnaround time and lower cost. After submission, validate the Populate LITE data with a user-friendly application specifically designed by GruntWorx, then simply import that information into the tax return.
- Key features include:
- Self-validated product
- Turnaround time in minutes
- Lower cost!
- Use at your own pace
- Bookmarked, searchable PDF
- Import file of client’s extracted data
- Available extracted forms are the same as the traditional Populate product.