HandiTax allows you to display a summary report of the tax return, with the option to display the current and prior years' summary data in a single report.
Tax return summary report with prior year comparisons
To view the report
From the Tax Return Outline window, click Summary.
Option to display two prior year details
From the Options menu, click Tax Form Options
Select the Show 20NN details in the Tax Form Summary check box.
Select Also show 20NN details checkbox to select two years prior details.
Select Highlight where > % change to show the significant changes and type in your percentage.
Tax Return Summary Report can be included in your printouts
The Tax Return Summary report can also be included in your print out.
From the Edit menu, click Print Tax Returns or F9;
Enter 1 in the Custom Client Copy print options to include the summary report.
Notes:
Details must be available in the prior years' tax return, and you need to have done the Recalculation of Clients Tax Details in the prior year. (This is usually done at the beginning of the year when you roll forward your clients to the current year, however, you can do the Recalculation of Client Tax Details now if you have not already done so.
This report is useful when interviewing a client, reviewing their position, or even saving you from having to make a copy of their prior return to compare figures.
Prior year comparison figures are available for Individual, Company, Partnership and Trust returns, however, SMSF returns will only show the current year.
Note: If a Tax Return Summary Report is not required in the Tax Form Printout change the 1 to a 0 (zero)