Any improvements or problems resolved after the first release of the program
in February each year is addressed via a single, cumulative update since
the first release.
Often we maintain a 'WIP' page that we post small revisions (or cosmetic
changes) of less impact on your service. If you want to download such updates,
enter www.visualtax.com/inprogress.htm and
download the very last update we have prepared. Periodically, we post these
small changes as a normal release version in the Download page.
(additional material is available in the T2 Forum)
| Question |
Answer |
| How do I transfer a tax return done on a laptop into the main machine? |
Step 1. Copy the tax return (It is a file by SIN No for T1's or Account no for T2's) from the lap top data directory into the data directory of the main machine. Step 2. If the tax return already existed on the main machine then this step is not required. You just use the "open' command and the up-to-date file shows on the Client book. If the tax return is a brand new one prepared on the other machine the return will not show on the Client book. In this case, use the 'File | Open File Name' and find the file of the new return (Sin or Account). Double click on it and that opens up the tax return. Once you save the return it will start appearing on the Client Book. |
| Open vs Rollover I have in progress a few 2002 year ends rolled over from Profile 2001 T2. They reside in a data directory C:\data\T2-2003 .. I have also entered a lot of information, mostly the GIFI. It will be a pain to recreate it in T2-2004 .. but, I can. Is there a way to roll it over from partially completed T2-2003 program to T2-2004 program? If I try to go in T2-2004 and rollover the dec/31/2002 T2 partially prepared in T2-2003, it rolls over the year end to dec/31/2003.
|
Use the 'Open' return function and change the data directory in the 'Client Book' screen to be the 2001 or any other VT data directory. When you 'Save as' either put it back where it came from or you can change it to your most recent data directory (in effect copying the return to your most recent directory). For a Tax Return in the VisalTax format you can use either 'Open'
or The Open function reads the return, regardless of year end. If the data is too old in format, the program will give warnings that it cannot read the data properly and prompt you to inspect certain forms. By default when it saves the data it will save it back to the data directory where it came from, This can be changed during 'Save as' to a directory you like such as C:\T2-2003. In the latter case this amounts to Copying a tax return from one data directory to the other. The Rollover function is like the Open but it only keeps the carry forward amounts and increases the fiscal periods by one. In the 'Save as..' screen the default is the Current directory, not the original directory where it came from. But it can be changed. Always keep in mind that directory names are meaningless as you can have multiple years in the same data directory. i.e. 2002, 2003 and 2004 year ends can all be in the same data directory (data base) for the same corporation. |
| How to I carry forward from the previous year? |
Close all returns. Then under file click on "Carry forward a return to the following year". The program presents returns for both years. |
| What is RSI |
Return and Schedule Information. It has replaced the pre-GIFI keypunch summary. It must be printed and submitted to CCRA with every return. Submission of the normal facsimile forms is optional. |
| How can I print the GIFI statement? |
There is no CCRA form as such. The GIFI info is submitted as part of the RSI. The report provided by the program during GIFI preparation is for your own use only. |
| How do I include the Client's First Name in the Client Letter? |
a. Add a new keyword Click on Configure | Data Dictionary Then click on the + button (to add a new keyword). Then enter the following on the empty line created: (Field) Name FormNm Elm ^Client_SignFirstNm PAGE_8 43 Then click on the Save button b. Change the client letter Click on Configure | Client letter design. Double click on the Cover1 letter. Change the Attention line to read as follows: Attention: ^Client_SignFirstNm ^Client_SignOfficer Save the letter (you may want to validate it and preview it also) |