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Hello,
I have a question regarding entering values for GIFI 1599 (Total Current Assets). Do I have to manually type the total current assets amount or is there a way to get Profile to automatically calculate it based on other values like Cash and Deposits (1000) and Accounts Receivable (1060)?
Also, I'm having difficulty entering the titles for each category in the Schedule 100; for example, Capital Assets, Tangible Capital Assets or Total tangible capital assets. Any ideas on how to enter custom titles into Profile?
Appreciate your help!
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GIFI - Total Current Assets Calculation
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#2
JoanTax 
- Original Member
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- Group: ProFile Private Forum
- Posts: 102
- Joined: 10-April 11
- Gender:Male
Posted 12 May 2011 - 03:13 AM
RoseT, on 11 May 2011 - 06:43 PM, said:
I have a question regarding entering values for GIFI 1599 (Total Current Assets). Do I have to manually type the total current assets amount or is there a way to get Profile to automatically calculate it based on other values like Cash and Deposits (1000) and Accounts Receivable (1060)?
Why would you waste time attempting to do this?
Simply report what is required. This is a T2 you are reporting.
RoseT, on 11 May 2011 - 06:43 PM, said:
Also, I'm having difficulty entering the titles for each category in the Schedule 100; for example, Capital Assets, Tangible Capital Assets or Total tangible capital assets. Any ideas on how to enter custom titles into Profile?
Why would you waste time attempting to do this?
Simply report what is required. This is a T2 you are reporting.
#3
spenceh
- Top Contributor
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- Group: QuickBooks Pro Advisor, VOA
- Posts: 1,979
- Joined: 30-November 99
- Gender:Female
- Location:Three Hills, AB
Posted 12 May 2011 - 03:48 AM
RoseT, on 11 May 2011 - 08:43 PM, said:
Hello,
I have a question regarding entering values for GIFI 1599 (Total Current Assets). Do I have to manually type the total current assets amount or is there a way to get Profile to automatically calculate it based on other values like Cash and Deposits (1000) and Accounts Receivable (1060)?
Also, I'm having difficulty entering the titles for each category in the Schedule 100; for example, Capital Assets, Tangible Capital Assets or Total tangible capital assets. Any ideas on how to enter custom titles into Profile?
Appreciate your help!
I have a question regarding entering values for GIFI 1599 (Total Current Assets). Do I have to manually type the total current assets amount or is there a way to get Profile to automatically calculate it based on other values like Cash and Deposits (1000) and Accounts Receivable (1060)?
Also, I'm having difficulty entering the titles for each category in the Schedule 100; for example, Capital Assets, Tangible Capital Assets or Total tangible capital assets. Any ideas on how to enter custom titles into Profile?
Appreciate your help!
Are you preparing a tax return or financial statements?
Profile is tax software. Caseware is financial statement software...
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