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The eFile Prep module generates the files for submitting W-2 and 1099-MISC reports for government filing. In 1987, the Federal government ruled that any company submitting over 250 W-2 or 1099 forms per year (and not eligible for a hardship waiver) must file these returns electronically. Once the file is generated, you can submit it to the appropriate government agency by sending the file electronically via the internet. Both the Internal Revenue Service and the Social Security Administration have given basic approval for the files generated by eFile Prep. However, it is each user’s responsibility to ensure that the data sent is acceptable. In each particular application, it is possible that the file(s) generated will not conform to IRS/SSA requirements.
"RTS-Advantage eFile Prep Module" is part of the Roundtable Software Advantage Accounting System line of products, developed by Roundtable Software.
Roundtable Software Advantage Accounting System is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.