Overview
The TaxCycle Suite streamlines the tax return preparation process. Unique time-saving features like integration of Canada Revenue Agency Auto-fill my return (AFR), electronic signatures, corporate linking, and our revolutionary EFILE and ReFILE adjustment processes help you avoid needless repetition, printing, and mistakes. Thousands of review messages with Quick Fix solutions help you file accurate returns more quickly.
Carry forward prior-year tax returns from other products, including Intuit ProFile, Cantax, Taxprep and DT Max. The comprehensive data conversion brings in the relevant values from the prior year.
TaxCycle is desktop software that runs on Windows.
TaxCycle + Xero
Put an end to lengthy data entry for corporate and partnership tax returns. Easily move your client's GIFI data from the Xero trial balance to GIFI statements in TaxCycle. Then, use that information to prepare file T2 and T5013 returns.
Use Xero for bookkeeping in your practice. Calculate invoices in TaxCycle, based on forms and schedules used in the return or time spent on a return. Then, send the invoice to Xero in one click.
Getting started
This integration is available to accounting professionals who are part of the Xero Partner Program. For more information visit www.xero.com/ca/partner-programme/.
- Visit www.taxcycle.com/xero to request a free trial of TaxCycle, then download and install the software on your computer.
- Create or carry forward a T2 corporation or T5013 partnership tax return.
- Go to the Data menu, click GIFI Import and select Import Xero GIFI Data. Sign into Xero to connect your Xero account to TaxCycle.
