Return Rollover Process

[Yardley CPA]

Wondering your preference on rolling over returns.  Do you roll all your returns at once or do you rollover when you actually start working on the return.  Are there advantages / disadvantages with either method?  Thanks very much!

[Jack from Ohio]

ONLY at the time I am using it.  Trust me on this.  Too many potential issues to roll them all ahead of time.

[rfassett]

With all the updates that come, I believe it is prudent to just roll them when you are ready to work on them.  That said, before the lightening speed of todays computers, one time I rolled them over all at once.  After several hours of my computing time being tied up, I swore never to do that again.

[Abby Normal]

I roll over as needed until 4/1. Then I go to rollover and check the Not Rolled Over box and roll over the rest to file extensions. Do the same for entities except we do it on 3/1. Even with the new due dates, we find it more logical to do all entities on 3/1.

[TAXMAN]

I roll as returns come in. That way I know how old a return may be in the system. Gives me a heads up on order to work returns if all info is there.

[gfizer]

I roll them over as returns come in.  Helps me keep track of who I've yet to see as the season draws closer to the end.

[Lion EA]

Definitely as needed.  Including when needed to file extensions.  For all the reasons stated above.

[Randall]

22 hours ago, Abby Normal said:

I roll over as needed until 4/1. Then I go to rollover and check the Not Rolled Over box and roll over the rest to file extensions. Do the same for entities except we do it on 3/1. Even with the new due dates, we find it more logical to do all entities on 3/1.

This is what I do too.  I also like to check 'Incomplete', sort by create date and print a list so I have a to do list in order they came in with info (and how far I'm behind).

 

[Catherine]

3 hours ago, Randall said:

I have a to do list in order they came in with info

That one item I track on my spreadsheet, and also work on clients in the order their documents came in.  That only seems fair!

[Abby Normal]

4 minutes ago, Catherine said:

That one item I track on my spreadsheet, and also work on clients in the order their documents came in.  That only seems fair!

We stopped using our spreadsheet and just use ATX. We assign sequential client number as they come in and sort on that column. Also have three user defined columns: Date In, Date Done, Year End.

[jklcpa]

I roll over as they come in too, and I also use my tax program to track progress like others here do. I do still have a master spreadsheet for all clients' work and ones by month that I still use to indicate projects' final completion dates.