If you are installing Jazzit PACT or need help using the templates please refer to our online documentation.
The modules listed below are dated October 18, 2022 in your PACT Compilation Resource Centre PTUPDATE RC update control.
Remember that Jazzit PACT updates are cumulative. Updating to this release will include all revisions made to the templates.
You must have CaseWare Working papers 2021 or higher installed if you wish to update from the Resource Centre update control in PACT Compilation KLIB.
CLICK HERE for instructions on updating Jazzit PACT
New Documents:
PTST8 -CHARACTERISTICS OF A HIGH-QUALITY TAX PRACTICE CHECKLIST
This checklist has been developed by CPA Canada to assist small and medium-sized firm practitioners (SMPs) in implementing best practices that will enhance the quality of their tax practice.
PTST9 -ESTATE PLANNING AND TRUST BASICS CHECKLIST
This checklist is intended as a general overview of estate planning basics and has been designed to provide you with a checklist of issues to be considered when working with a client to develop an estate plan.
WHAT'S NEW Jazzit Fundamentals release notes for September 30, 2022 update
Here are the revisions included in the September 30, 2022, update to Jazzit Fundamentals.
Remember to update your KLIB/FRMLIB Resource Centres via the RC UPDATE control located at the top of your document manager. If you are working remotely, we recommend you copy the Jazzit Resource Centre and related Master CaseWare files to your local drive before updating. These CaseWare files can be copied back to the central location after the update is completed. Updating to this release will include all prior revisions made to the templates.
You must have CaseWare Working papers 2021 or newer installed if you wish to update from the Resource Centre update control in KLIB and FRMLIB.
Need help updating?
Click the video below for instructions on how to update your Jazzit Templates.
Please like and subscribe if you find the video helpful.
BS, BS2 & BS3 -ALL BALANCE SHEET MODULES
Added option to bold the line descriptions in long-term areas of the balance sheet.
CL -CLIENT ENCLOSURE LETTER
Added multi-column table for instalments required, paid, and payable in corporate tax and GST/HST instalment sections.
IS -INCOME STATEMENT, STATEMENT OF RETAINED EARNINGS, EXPENSE SCHEDULE
Option under IS statement folder to switch between % and $/unit when % column is selected on the home menu under column settings.
IS2-9 COLUMN INCOME STATEMENT WITH BUDGET
Option under IS statement folder to switch between % and $/unit when % col is selected under IS columns folder.
JZEL -ENGAGEMENT LETTER
Setting structure to proprietor, partnership or NFP sets the tax only option to personal tax return, partnership information return, NFP information return respectively.
Appendix A to the engagement letter now supports the custom report option.
JZPA -LETTER TO PREDECESSOR ACCOUNTANT / AUDITOR
Added optional section at bottom of letter for "Acknowledged by" with client signature lines.
JZR1 -ADDITIONAL LETTER FROM CLIENT
Home menu was updated to new format.
JZTOOLS -JAZZIT TOOLBOX
Added single/plural options for letters addressed to firm from the client.
K5, K9, KG, KV -DEBT AND LEASE NOTES LINKED TO WORKING PAPERS
Added the option to insert manual lines in the loan/lease details area of note linked to working paper.
K7 -SHARE CAPITAL NOTES
Default note now includes optional sections for share redemptions, stock-based compensation plans, and stock options.
KT -TAX NOTES
Added optional section below net income for income tax purposes for other adjustments to taxable income.
RP -ENGAGEMENT REPORT
Increased maximum spacing option above the report from 1.5 inches to 2.5 inches.
Updated so Appendix A to the engagement letter can support the custom report option.
SC3 -PARTNERS' TAXABLE INCOME
Subtotal for the "Less:" section and underlines for each subsection added.
JZUPDATE -RESOURCE CENTRE UPDATE CONTROL
Update now prompts to backup the Resource Centre and master file before completing step 5.
Update now prompts to uncompressed the linked master file when compressed.
CLICK HERE to view the release notes for full list of new features and functionality
Jazzit Fundamental updates are cumulative. Remember that updating to this release will include all features and functionality from prior releases, together with any corrections made to the templates.
How do I convert my Jazzit files to the new version of CaseWare Working Papers?
To convert your Jazzit files to CaseWare 2022 simply load them and click ok when prompted to convert. Exactly the same as any other CaseWare client file.
Open Jazzit files using the new version of CaseWare to convert them. You will need to convert all of your Jazzit by opening using the new version of CaseWare you have installed.
Ensure you have a backup of all your Jazzit files (masters and resource centres) before you convert them to the new version of CaseWare Working Papers. Once a file has been converted, it cannot be opened by an older version of CaseWare Working Papers. CaseWare Working Papers will prompt you to backup your file when upgrading.
Don’t forget to choose INCHES when prompted the first time you open CaseView after converting.
Please refer to the CaseWare workstation settings technical bulletin for help in setting up CaseWare Working Papers.
For the Jazzit Administrators
Convert all master files (including GENMST, FULMST, and FRMMST) and Resource Centres (KLIB and FRMLIB) and any firm master files you have created.
Open the files using CaseWare Working Papers, the File Conversion dialog will open.
Check the Make Backup Copy in: checkbox and browse for the backup path. Click on the OK to continue.
The file will be backed-up and the conversion process will be completed.
For the Preparers
The preparer will open the client file using CaseWare Working Papers, the File Conversion dialog will open.
Check the Make Backup Copy in: checkbox and browse for the backup path. Click on the OK to continue.
The file will be backed-up and the conversion process will be completed.
In the past, CaseWare has suggested that you complete a Tools > Repair file (check off all options) in CaseWare prior to upgrading to the next major release. It has been our experience that certain client files do require this procedure. The key here is to have backups of your client files which you can open in the old version of CaseWare should you need to repair the file.
If you encounter problems with Jazzit templates using the new version of CaseWare Working Papers which did not exist previously, please contact us.
Thank you for dropping by for a virtual cup of java with us. If you were unable to attend our online “Jazzit with Java”, we have made the video and slides available online at the links below.
How "GIGO" affects Jazzit financials. We take you on a tour of all the weird and not so wonderful things people (but not you of course!) do to their CaseWare file.
Jazzit Checklists for our Compilation/Review and Audit packages have been updated and are available for download.
Unless you have customized your Jazzit Checklists, we recommend the Quick Method to update your checklists package. The Quick Method replaces your existing Jazzit Checklist Master file(s) and Resource Centre(s) with new ones you download from the Jazzit Support website.
Simply move your existing Jazzit Checklist Master file(s) and Resource Centre(s) to a different location (you can delete these later if you don't need to refer to them in the future)
Download new Jazzit Checklist Master file(s) and Resource Centre(s)
Tip: Make sure you save the files you download in the exact same place as the old ones were so you don't have to revise Resource Centre paths.
For more detailed instructions about how to update your checklists using either the Quick Method or the Regular Method, download our Jazzit Checklists User Guide.
PACT UPDATE
