Lacerte - Product Review
November 01, 2021
Lacerte - Product Review
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Intuit Lacerte
Ram Associates is an accounting and Taxation firm, all our CPAs do use several software for preparing taxes for our clients across the US. Out of which Lacerte we use it for elite corp clients. One of the main features is a multi-user facility and batch filing can be processed to e-file extensions for multiple clients at once, avoids too many clicks, point of guidance feature, diagnostics feature is another addon. Signing has been made easy with Lacerte, they have integrated DocuSign. It saves a lot of turnaround time. And it also has K-1 transfer capability, where we can auto-import partnership and S-Corp data into a return. Overall the fast path rates are also not that costly.
- K-1 transfer capability
- Supports more than 5,700 tax forms - federal and all state forms
- Year-round e-filing
- The updates from IRS to Lacerte need to be improved, so far so good.
- Reporting needs to be improved. Feature like sorting categories. scorp/ind/non-profit
- Tax summaries can be improved - like the differentiation between rental income & expenses. I trust this feature would be a great help.
- Able to process client requirements faster
- Docusign feature a big plus
- Lacerte Diamond Passport fees is highly priced at 17.5K USD + fastpath additional per user. They could consider to bring down the cost so that it works out lucratively.
We have been using Proseries along with Lacerte. As I said, Lacerte is much easier and faster when compared with Proseries.
Do you think Intuit Lacerte delivers good value for the price?
Yes
Are you happy with Intuit Lacerte's feature set?
Yes
Did Intuit Lacerte live up to sales and marketing promises?
Yes
Did implementation of Intuit Lacerte go as expected?
Yes
Would you buy Intuit Lacerte again?
Yes