This template is designed to streamline the process of completing company income tax returns (IT14).

The work is reliant on the completion of annual financial statements for the company. There is a task in the end of the template Accounts: Annual Financial Statements (South Africa) that points the Accountant to this work item to complete the first section, indicating work is ready to be started.

The work goes through the stages:

• Ready To Start
• Prep
• Waiting for info
• Process
• Review
• Assemble
• Waiting for client
• Assemble
• File
• Follow-up
• Wait for confirmation
• Completed

The roles involved in completing the work are: Accountant and Reviewer. The overall ownership of the work changes as the work progresses between the roles involved. The initial work assignee is the accountant.

Work stages and roles are both customizable.

The template includes best practice automation to ensure it is clear:

• Which tasks are ready to be worked on (i.e. task status)
• What the status of work is at any time (so you can get real-time work dashboards)
• Who is responsible for the work and tasks
• The priority of work and tasks

The start date for the work is set as the 1st day after the accounting period end, but in reality it is the day the financial statements are completed. The due date is 12 months after the period end.