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News > TaxCycle version 6.0.30939.0—Slips modules ready for filing

TaxCycle version 6.0.30939.0—Slips modules ready for filing


This TaxCycle release is ready for you to file your T4, T4A, T5, T5018 and NR4 slips. Changes to slips filing include the ability to specifiy a secondary contact email address for the slips return. This release also includes changes to other tax modules.

This release is available as an automatic update. It is also available as a full download from our website and a free trial

Who should install this release?

  • This release contains the latest changes for filing T4, T4A, T5, T5018 and NR4 slips. Anyone wishing to file slips should update to this version.
  • Other changes are general enhancements to TaxCycle. We recommend everyone keep their software up-to-date by installing this version.

Release highlights

  • New secondary contact email for slips XML filing
  • Improvements to batch carry forward of slips from other software
  • Fix to the Print page button on slips filing Confirmation of receipt
  • Carry forward from ProFile® FX now uses the account number from the summary
  • Updated Excel® sample file for slips import
  • Additional fields for setting the preparer and firm name on authorization forms
  • Improved messaging to update information on the Engagement worksheet
  • More detail on income statement form tabs
  • Rate updates to T1/TP1, T3 and T5
  • Option to make all review check marks red

New secondary contact email for slips XML filing

You can now specify a Secondary contact email address in xml files. This is found in all the modules that produce slips. This email address is transmitted to the CRA when filing.

Fix to the Print page button on slips filing Confirmation of receipt 

The Print page button Confirmation of receipt page at the end of a successful transmission now works. You can also use Ctrl+P to print the Confirmation of receipt page. This was intially an issue upon the opening of the Internet filing system for slips on Monday, January 9, 2017.

Improvements to batch carry forward of slips from other software

To improve  batch carry forward of slips from competitor files, TaxCycle now only creates a TaxCycle file for the used slip types. For example, if a ProFile® FX file onlys contains T4 slips, TaxCycle will only create a T4/T4A file.

Carry forward from ProFile® FX now uses the account number from the summary

TaxCycle now carries forward the account number from the summary or jacket for each slip/return type in a ProFile® FX file. This means that the different account numbers for different return types are now correctly carried forward. This affects the carry forward from ProFile® FX to TaxCycle T4, T4A, T5, T5018, NR4, T5013 and T3010.

Updated Excel® sample file for slips import

This release includes an updated Excel® sample file for slips import. Find it in C:\Program Files (x86)\Trilogy Software\TaxCycle\Samples\Sample TaxCycle Slips Import.xlsx. Learn more about importing slips from Microsoft® Excel in this help topic.

Additional fields for setting the preparer and firm name on authorization forms

Based on feedback from our online community, we have added fields to allow you to use a different preparer or firm name on federal and Québec authorization forms if you wish. Currently, these changes are in 2015 and 2016 TaxCycle T1/TP1. We will add them to other modules later.

The new fields appear in the Preparer/Firm representative section on the Engagement worksheet. Information in these fields is used on the following forms: T1, T183, T1013, T1-ADJ, TP1000, TP1R (TP1ADJ).

Set different names for authorization forms

You can set the default for these fields in Options:

  • Set the name for forms other than authorization forms under the Organization section, click on the Prepare page, then look under the Representative Details section.
  • Set the name for authorization forms on the T1013, RC59, MR-69 page in Options.

As with other Preparer options, if this information does not match that on the Engagement worksheet, a message will appear with a link to update it.

Set representative details in Options

Improved messaging to update information on the Engagement worksheet

  • If the information on the Engagement worksheet does not match that set in Options (for the preparer, discounter, or trustee), a message now appears at the top of the form tab instead of in each section heading. In this message, you can now also update all the information at once with the Update all link.
  • If you have already signed off a message—for example, for updating discounter information—you will not see the link to update that section.
  • If you leave a field blank in Options and it is also blank on the Engagement worksheet—for example, the preparer or reviewer initials—it will not trigger a message. This helps prevent messages as files move between preparers and reviewers in your office.

Links to update details from Options

More detail on income statement form tabs

When you open an income statement or motor vehicle worksheet, you will now see more detail on the form tab. For example, the T2125  shows the business name. The Motor Vehicle worksheet includes the vehicle name. 

Option to make review check marks red

A new option allows you to view blue and green review check marks in red. To enable this in Options, expand TaxCycle, then Return Preparation and click on the Review page. 

Rate updates to T1/TP1, T3 and T5

  • Exchange rates have been updated for the currency conversions to CDN dollar amounts. For example, on T5 slips. This change was made to T1/TP1, T3 and T5 modules
  • T1-M Meal and vehicle rates used to calculate travel expenses have been updated for 2016. This change only affect T1/TP1 returns.

Your feedback and requests

As usual, we try to add a few things that get included by your request. The following were due to your suggestions and feedback:

  • More detail on income statement form tabs
  • Option to make review check marks red
  • Batch carry forward improvements from ProFile® FX
  • ProFile® FX carry forward improvements to pull account number from the slip summaries
  • Additional fields for setting the preparer and firm name on authorization forms (this is a result of a discussion on our Community)
  • Improved messaging to update information on the Engagement worksheet (this is a result of a discussion on our Community)
  • The Print Family icon in the Tools menu once again opens Print Family under the File menu

How to get this update

This release is available as an automatic update. It is also available as a full download from our website and a free trial

Who should install this release?

  • This release contains the latest changes for filing T4, T4A, T5, T5018 and NR4 slips. Anyone wishing to file slips ashould update to this version.
  • Other changes are general enhancements to TaxCycle. We recommend everyone keep their software up-to-date by installing this version.

 

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