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Year ends after April 2007 not supported ...please wait until the next version

#1 User is offline   JohnV Icon

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Posted 11 June 2007 - 04:34 PM

So I have a client who wants to dissolve her business.

Decided a May 31 2007 YE would be fine. Co have been inactive since October 2006, so nothing on the BS except share capital, a small deficit, and some monies due to the SH

When I go to print, I get a message saying that Fiscal periods ending after April 30 2007 are not supported. Please wait until the next version of Profile.....

I have 2006.5, the latest version.....


1) what happens if I print anyway

(I know I'll try to...but I'll ask the question anyways).....and upon trying it, it does not automatically print the RSI but you can check the box for the RSI off...but the message does say the return will not be accepted by CRA.... maybe send them a "hard copy" instead of an RSI set??????)

2) when will a version come out that "supports" a may 2007 year end???
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#2 User is offline   David Blue Icon

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Posted 11 June 2007 - 05:45 PM

I have been asking Intuit that question for the last month. Next version will not be available till the end of June I was told.
and the best part is
" It is C.R.A.'s fault" " They have not approved our forms yets."

Now is that special or what.

I have a few year ends ready to go with April and May year ends and am waiting for the next update.
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#3 User is offline   David Blue Icon

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Posted 11 June 2007 - 08:37 PM

Just called Intuit again for when I can download the update for the T2 software:

"We cannot give you a more exact date other than the end of June or first couple weeks in July"

That is when we can expect our T2 updates.

and I thought that when we paid more for our software this year we would get it faster.......

Boy was I wrong!
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#4 User is offline   David Blue Icon

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Posted 13 June 2007 - 03:55 PM

I just went to the other guys who have T2 tax software, can you imagine my surprise to see they have updated software for Year Ends up to October 31, 2007!!!!!

Cmon Intuit lets get going.

Andy, Harv, any comments ?, How about an update ?

Any one from Intuit care to respone and tell us whats going on ?
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#5 User is offline   samhill Icon

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Posted 14 June 2007 - 05:16 PM

View PostDavid Blue, on Jun 13 2007, 08:55 AM, said:

I just went to the other guys who have T2 tax software, can you imagine my surprise to see they have updated software for Year Ends up to October 31, 2007!!!!!

Cmon Intuit lets get going.

Andy, Harv, any comments ?, How about an update ?

Any one from Intuit care to respone and tell us whats going on ?

I believe that the justification for the increase in price was to provide more "Quality Control" at their end before releasing software.

If so, then the next version should be PERFEDT, er PERFECT before it is released!
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#6 User is offline   Joe Icon

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Posted 14 June 2007 - 07:06 PM

View PostJohnV, on Jun 11 2007, 09:34 AM, said:

When I go to print, I get a message saying that Fiscal periods ending after April 30 2007 are not supported. Please wait until the next version of Profile.....

You may have mis-named this thread... ;)

Maybe should be

"Year-End Accountants not supported"... :P

But perhaps another opportune time to repeat the mantra:
Practice Management, Bells, and Coffee-making be damned -
Need working version Tax Preparation and Efiling functions only...
.
.
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#7 User is offline   David Blue Icon

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Posted 27 June 2007 - 07:01 PM

View PostJoe, on Jun 14 2007, 07:06 PM, said:

You may have mis-named this thread... ;)

Maybe should be

"Year-End Accountants not supported"... :P

But perhaps another opportune time to repeat the mantra:
Practice Management, Bells, and Coffee-making be damned -
Need working version Tax Preparation and Efiling functions only...
.
.


A little birdy told me the update is suppose to come out this weekend.
Promises promises
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#8 User is offline   samhill Icon

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Posted 28 June 2007 - 03:01 AM

View PostDavid Blue, on Jun 27 2007, 12:01 PM, said:

A little birdy told me the update is suppose to come out this weekend.

I don't know, I asked Big Bird and he said he didn't know!
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#9 User is offline   RL Tax Joe Icon

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Posted 28 June 2007 - 02:25 PM

View Postsamhill, on Jun 27 2007, 10:01 PM, said:

I don't know, I asked Big Bird and he said he didn't know!


Not to be confused with big BERT :lol:

Well, good or bad, I am back on Profile due to changes in our practice structure. Oh well, now I can see what all the bitching and complaining was about last year :lol:
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#10 User is offline   JohnV Icon

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Posted 28 June 2007 - 02:42 PM

I checked for updates and the update routine (AKA Bit Bird) stated the update is scheduled for July 5 2007. I guess I'll just (and you knew this was coming right??) byte my time.
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#11 User is offline   spenceh Icon

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Posted 29 June 2007 - 02:37 PM

It looks like the update is now available!
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#12 User is offline   samhill Icon

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Posted 29 June 2007 - 07:52 PM

View Postspenceh, on Jun 29 2007, 07:37 AM, said:

It looks like the update is now available!

Yes.

At lunch time we received an email from Profile for 2006.6.0.

Will still wait a week before I install it though, just on principle.
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#13 User is offline   JohnV Icon

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Posted 29 June 2007 - 08:25 PM

Yeah, just got the email and downloading as we speak...in fact just cleared the download finished\ready to install and ....and now it's installed


Lucky me. And darn that Profile. Lied to us by delivering early. Some people are never satisfied :)
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#14 User is offline   louiskam Icon

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Posted 30 June 2007 - 08:56 PM

Other than re-set the Model and Form Selection, everything seems to work fine to me.
There are a few new CCA classes shown at S8Class's drop-down menu, hope all have titles attached in the future version. In the meantime, is there an online source detailed all the CCA Classes & rates? I searched the CRA, Ministry of Finance & Department of Justice sites with no result. Thanks for sharing this in advance.
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#15 User is offline   spenceh Icon

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Posted 30 June 2007 - 11:04 PM

View Postlouiskam, on Jun 30 2007, 02:56 PM, said:

Other than re-set the Model and Form Selection, everything seems to work fine to me.
There are a few new CCA classes shown at S8Class's drop-down menu, hope all have titles attached in the future version. In the meantime, is there an online source detailed all the CCA Classes & rates? I searched the CRA, Ministry of Finance & Department of Justice sites with no result. Thanks for sharing this in advance.


If you search for Business Income Tax Measures under the following web page:

http://www.budget.gc...e.html#business

you may find a description of what you are looking for but I find no specific class references.
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#16 User is offline   samhill Icon

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Posted 02 July 2007 - 04:31 PM

View PostJohnV, on Jun 29 2007, 01:25 PM, said:

Yeah, just got the email and downloading as we speak...in fact just cleared the download finished\ready to install and ....and now it's installed

To those who have updated and actually used the new T2 module...

Have any problems popped up yet?

I am waiting my usual week to see any glitches are there before I actually install.

If anyone has problems, lets hear them, here!
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#17 User is offline   Trusty Icon

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Posted 03 July 2007 - 04:12 PM

View Postsamhill, on Jul 2 2007, 04:31 PM, said:

To those who have updated and actually used the new T2 module...

Have any problems popped up yet?

I am waiting my usual week to see any glitches are there before I actually install.

If anyone has problems, lets hear them, here!



Hi everyone,

I just updated the profile for FY after April.30.

I am trying to print out CT23 for an inactive return. But Profile didn't select the CT23 Exempt and schedules for printing automatically. For CT23short, it seems fine.

Is there anything I need to set up to automatically select the forms? :unsure:
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#18 User is offline   Hardev@Intuit Icon

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Posted 03 July 2007 - 11:24 PM

View PostTrusty, on Jul 3 2007, 04:12 PM, said:

Hi everyone,

I just updated the profile for FY after April.30.

I am trying to print out CT23 for an inactive return. But Profile didn't select the CT23 Exempt and schedules for printing automatically. For CT23short, it seems fine.

Is there anything I need to set up to automatically select the forms? :unsure:



This issue has already been reported with the latest release and it is currently being worked on. A patch release to fix this printing issue and couple of other minor problems will be released soon. For now you can print the CT23 Exempt manually for filing.

Thank you for bringing the problem to our attention.

Regards,

Hardev Koonar
Intuit Canada
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#19 User is offline   Violet Icon

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Posted 04 July 2007 - 01:08 PM

I have a March yearend that was drafted in the old version, when I change a GIFI code in the new version (no affect on taxable income) my NB provicial tax no longer calculates at the proposed 5% for post January 2007 period. I don't think the government changed their mind on the tax increase - why did Profile?
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#20 User is offline   Violet Icon

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Posted 05 July 2007 - 12:23 PM

View PostViolet, on Jul 4 2007, 09:08 AM, said:

I have a March yearend that was drafted in the old version, when I change a GIFI code in the new version (no affect on taxable income) my NB provicial tax no longer calculates at the proposed 5% for post January 2007 period. I don't think the government changed their mind on the tax increase - why did Profile?



In case anyone else has this problem... I was able to fix it by changing the status to "unknown", saving the file, closing the file, reopening the file and saying "yes" to update to 2005-2007 module. Hope this helps someone else...
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