October 23, 2020 Jazzit Fundamentals Update Available

Friday, October 23, 2020

BS2   9 COLUMN BALANCE SHEET

  • Added an option for the classified and unclassified nine column balance sheet to select which Partners' Capital  or Net Assets balance to link (opening, closing, manual). This is particularly useful for partnership or not-for-profit interim statements.

IS2   9 COLUMN INCOME STATEMENT

  • All formats of the 9 column Statement of Partners' Capital or Net Assets now have an "Income link" button which allows selection of a specific column from which to draw net income. This button is in the "Statement" options folder or at the top. This is particularly useful for partnership or not-for-profit interim statements.

CL   CLIENT ENCLOSURE LETTER

  • Added an option for a multi-column continuity to the right-click menu of the Federal corporate tax instalments and Provincial corporate tax instalments tables.

  • Added an option to the Federal corporate tax instalments section that indicates that no instalments are required.

  • Added an optional table to the Company taxable loss - loss carry forward section.

  • The "Enclosures" title to the opening paragraph will now automatically change to "Attachments" when paragraph wording is changed to "we are attaching electronic copies of:".

  • An additional remittance section has been added to the letter. By default, this section reads "Employer health tax (EHT)" and will display when the "Balance Per G/L" field is not zero in the Client enclosure letter options table.

  • An optional additional province has been added to the Provincial corporate tax section. This can be enabled by pressing the + button beside the province field in the Client enclosure letter options table. Balances will be the total of map 217.2680.02.