You create vaults to help you subdivide and organize documents stored in SmartVault. Once you create a vault in your SmartVault client portal, you can create folders and subfolders in the vault to help you organize your online document storage in the vault.
Note: When you first sign in to SmartVault, SmartVault displays a default vault called My First Vault, and a default folder called My First Folder. You can rename this default vault and folder or delete the default vault and folder after you have created your own customized vault and folder structure.
Create a vault for all of your external clients and then create subfolders for each client or group of clients, or if you have a small number of clients, (under 100 is our best practice recommendation) you can create a vault for each of your clients, and then create folders for the various type of documents each client will store. You can also create a vault for each department in your company, and then create folders for the various types of documents each department will store.
This method is NOT for use with Tax Plan users. As a Tax Plan user, you create and provide access to vaults using the Template feature in the Tax plans. Here are some helpful links if you are on one of the SmartVault tax plans.