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How do I create a new return for a single business?

Set up a new tax return and tax return details for a single account.

Creating a new return for a single business allows you to record tax information for a specific filing period for that business. This helps track filing activity, calculate amounts due, and maintain accurate tax records for the account.

You might create a new return when a business needs to file taxes for a new reporting period, report updated tax information, submit a corrected filing, or satisfy filing requirements. Creating returns also helps support payment processing, reconciliation, reporting, and compliance within Business Tax Collection.

Creating a new return for a single business

1. Open Connect Business Tax Collection > Businesses > Create New Returns.

The routine selects tax records based on the next tax return due date. The default date range is the day following the date the last return was created.  

2. Click to select the field titled Return Description, and then enter the description to print on the return.

Example: NEW RETURN

3. Click to select the field titled Account Numbers, and then enter the account number.

4. Find the field titled Tax Return Types, and then click the Select button.

The Selection form displays.

5. Click to select the tax return types and move them to the Selected Tax Return Types list.

6. Click OK.

7. Click GO (CTRL+G).

The tax returns are created for the selected account.  

 

 

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