Triva isn't available right now.
Check out the support page for our phone number and hours
Restore converted data
Complete the following steps to restore converted 2023 data to 2023 UltraTax CS. The only time you should do this is to complete the returns you put on extension using competitor applications. Otherwise, converted data is meant for proforma.
Note the following before you restore converted data into 2023 UltraTax CS.
- The current tax year conversion is available beginning in mid-August. Release varies by competitor.
- Suppress conversion data on a client-by-client basis for clients restored from converted data.noteYou need to suppress converted data only for those client returns that you prepare in 2022 UltraTax CS.
- Proforma client data using the restored data in UltraTax CS. Do not use the converted data for proforma if you have already restored the client data into UltraTax CS.
- When you restore converted data into UltraTax CS, duplicating tax returns exactly as found in the competitor application may need significant data entry.
Restore client data into 2023 UltraTax CS
If you are on SaaS or Virtual Office CS, your converted data is uploaded directly to the SaaS or Virtual Office CS environment. You'll receive a separate email message with the location of your converted data in this environment. The data will be posted to a folder named with the Conversion ID under
Y:\ConvertedData\
. In step 4, when you search the list of drives in the SaaS or Virtual Office CS environment, the Y drive is displayed as wincsi
and is the last file in the list.note
When you restore the converted data into 2023 UltraTax CS, the client ID should not match any other client ID that already exists in UltraTax CS or Fixed Assets CS. If the client ID matches another client ID, you need to rename the client ID before you restore the converted data. If you don’t rename the client ID before you restore the converted data and the client ID for the converted client matches an existing client ID, the following will happen for each application.
- UltraTax CS: The application will prompt you to replace the existing data with the converted data or by-pass the restore.
- Fixed Assets CS: If you also use this application, the UltraTax CS data won’t replace the client data in Fixed Assets CS, and the application won’t prompt you to replace the client’s data or by-pass the restore. The converted depreciation data won’t be restored to your depreciation location; instead, the existing data will remain in the depreciation location.
- In 2023 UltraTax CS, selectFile, thenRestore.
- SelectChange Backup Location.
- Go to the location of your converted data file, then selectOK.
- Select the client data that you want to restore.
- SelectRestore.
- When the process is complete, selectDone.
Review Next Year Conversion Amounts Report
When returns are restored into the same year of UltraTax CS, most of the data is converted directly to data entry input screens. However, certain calculated amounts from the 2023 return are stored off internally. A Next Year Conversion Amounts Report is available to help in the review of these stored off federal amounts for clients restored to 2023 UltraTax CS. This report details the calculated amounts converted from your previous 2023 tax software package that will automatically proforma to the Folder then data entry screen in 2024 UltraTax CS.
To review the report for clients restored to 2023 UltraTax CS, do the following.
- Open any converted 1040 client return in 2023 UltraTax CS.
- Go toUtilities, and selectNext Year Conversion Amount Report.
- Select any clients for which you want a report.noteThis window won’t display any converted clients with theSuppress conversion amountscheckbox marked on theFile,Client Properties,Advanced Properties, and thenConversiontab. When this checkbox is marked, calculated amounts in 2023 UltraTax CS are used for proforma purposes based on your data entry. To use the original converted amount from your previous software, don’t mark this checkbox.
- Preview, print, or store the report in FileCabinet CS, if licensed.
Configure client data for use with restored conversion data
Before you begin data entry, complete the following steps with any client data that you restored from the converted data.
If you don’t complete these steps, data from the completed return won’t proforma correctly to the following year. When you open the restored client return in UltraTax CS, a diagnostic will display if you have not marked the checkbox.
- SelectFile, thenOpen Client, select a client, and selectOpen.
- SelectFile, thenClient Properties.
- Select theAdvanced Propertiesbutton.
- On the tab with the competitor name, mark theSuppress conversion amountscheckbox, then selectOK.
- SelectOK.
Related Content
-
Restore or proforma data
Format:
Article,
1 min read