2024.01 | 5 January 2024

Legislative Updates

Updates to the return summary based on latest form including revised captions, updates in the TIC section of the return, new boxes added with 13% rate for Corsica. The changes are applied in the Group Return sheet as well as the main return.
Updated version of the pdf form added to the Main Return section

Content Enhancements

E-FILING Updates

SAF-T:

API Automation Updates

General Updates

Improved Data Flow for Annual Returns:
Made the dataflow from periodic returns to annual returns seamless. Now, when a user changes the status of a return or save or print it using the "Change Status," "Save to Excel," or "Print" options in the "More Actions" button on the Returns screen, the annual returns are refreshed and updated to ensure they always reflect the latest information.
Improved Visibility of CZ Control Statement Transactions:
Users can now download and access the "Control Statement - A4 and A5 - Support" sheet to Excel, which provides increased visibility of the transactions behind the numbers in sheets A4 or A5 of the CZ Control Statement. Furthermore, users can leverage Excel filters to show only the A4 or A5 transactions.
Display Issue in Transaction Grid:
An issue has been addressed that caused empty row details to appear during transaction drilldown, in scenarios where users drilled down into transactions within a grid featuring over 90 columns and a substantial transaction volume. This fix ensures accurate transaction details are shown in such scenarios.

Identifiers have been added to several reports to provide consistent IDs to aid with auditability of mapping tables.
‘Entity manager ID’
has been added to the Return Summary Analysis report, Management Information report, and Box Number report.
‘Allocation specification ID’
has been added to the Audit Entity Map and Tax Classification Map, and the audit Irrecoverable Percentage report.
'Jurisdiction ID’
has been added to the Audit Entity Map Report.

Long description in the Return Summary Analysis report:
An additional column titled “Long Description” has been added to give the box description associated with the box number when users run the ‘Return Summary Analysis’ report.
Audit Tax Classification Box Mapping report:
The Audit Tax Classification Box Mapping report has been enhanced to extract data irrespective of the case sensitivity of the Jurisdiction ID. Previously, the report displayed data in the output only when the Jurisdiction ID was provided in lowercase.

Updates to entity manager to allow additional entity master data to be stored and maintained centrally:
A new column titled “Reporting Company Name” is added to the entity manager. This column allows users to provide a different value other than the entity name, and it can accept duplicate values.
This is useful as a single legal entity may need to be entered into the entity manager as multiple rows, for each jurisdiction it has a VAT/GST registration.
The new “Reporting Company Name” can be used to maintain the correct legal entity name for each registration.
If this field is populated, it will populate the Company Name cell within the Company Information sheet on the return.
A new field VAT/GST Registration number is added to the entity manager.
This field will populate VAT reg in the Company Information sheet of returns associated with this registration.
NB: the changes to draw through values added to either of these new fields to the relevant cells in the returns will only be applicable where 1. the “Reporting Company Name” or “VAT/GST Registration number” columns in entity manager are updated with values AND 2. the latest template versions are being used. If these fields are not populated, values will roll forward from previous return.

To ensure easier access of the searched records, the number of unique values shown in the filter dropdown when filtering by value was increased from 250 to 2000 unique values. All records associated with the 2000 unique values are shown, if they are all selected. A technical limitation was observed following this change when users selected the show/hide filter button, which caused the number of unique values to revert to 250, has been resolved.