Year-End Review
Manage your year-end reviews with this dedicated process.
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Year-End Review & Business Tax Return Template
Download your free Year-End Review & Business Tax Return template to personalize and use in your bookkeeping or accounting firm.
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About this template
This is the Karbon best practice process for year-end reviews and business tax returns (T2) for Canadian-basesd clients.
To use with Karbon, set all business tax returns under a 'Tax: T2 (Corporations)' work type. It doesn't include other tax work like WSIB and/or GST/HST. There are four roles in this work template for Admin, Preparer, Reviewer and Client Manager (for the tax review meeting).
The automators within the workflow will update the task due dates and move the assignment of the work automatically based on the completion of the sections themselves.
The start date is when you would like to begin the work (e.g. day after fiscal year end) and the due date is no later than six months of the end of each tax year (the tax year of a corporation is its fiscal period). The work assignee is the Admin.
Learn more about the year-end review portion and the business tax return portion of this template.
How to use this template
Add this template to Karbon
Get more out of this template by adding it to your Karbon Practice Management cloud-based software, including:
- Time and Budget Estimates
- Task Automation
- Client Task Automation
- Client Work Scheduling
Alternatively, you can
.How to customize a template
You can edit any saved template to fit your firm's specific needs. Before making changes, duplicate a pre-populated template by selecting it, clicking the "..." menu, and choosing Duplicate.
Common customizations:
- Reorder or nest tasks
- Add or remove tasks
- Edit the client task email
- Use or modify Tasklist automators
Read the support article to learn more.
About Karbon
Karbon is an AI-powered practice management platform for accounting firms, designed to streamline operations and support scalable growth.
Trusted by nearly 3,000 firms, Karbon boosts productivity by an average of 18% by uniting teams, clients, work, billing, and reporting in one place. With 30+ integrations and an open API, it’s fully customizable.
Learn more at karbonhq.com or book a demo to see how Karbon can help your firm grow.
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