History of  Releases of the original T4 TimeSaver for 2007

Production release 2007.3.5 (March 20, 2008)
1 Business code list (box 28) on Quebec RL-15 Summary (TP-600) updated for current year.
2 T5013 Slip (Federal Partnership Form) updated so Box 10, Partner's share (%) of income/loss, can be overridden.  By default it is calculated based on the number of units held.  If this field is overridden it is up to the user to ensure that the total percentage across all slips adds up to 100%.

 

Production release 2007.3.4 (February 26, 2008)
1 Minor change to printing of facsimile T4A slip.  In very rare situations left margin was not set properly in on some printers.
2 Minor change to printing of pre-printed RL-1 slip (Quebec).  In very rare situations magnetic media serial number would print too low on the page on some printers.
3 RL-15 (Quebec partnership form) has now been updated for current taxation year.

 

Production release 2007.3.3  (January 30, 2008)
1 Federal partnership forms have not changed for the current taxation year and as a result no changes have been made to this aspect of the system.
2 Quebec RL-15 data entry has been updated.  RL-15 printing is currently being approved by MRQ.   A program update will be issued when RL-15 printing is available.
3

A change has been made to T4 TimeSaver to correct a problem which can occur under very specific situations during T5 data entry. The problem that occurs is that a dollar value may be spontaneously entered into Box 14 (“Other Income from Canadian Sources”) of the T5 slip.

 This problem will occur ONLY in T5 slips that meet either of the following criteria:

-    The T5 slip has an associated Quebéc Relevé 3 slip AND the recipient type is a corporation (Recipient Type 3) AND eligible dividends have been entered into Box 24

OR

-     The T5 slip is issued to a corporation (Recipient Type 3) AND eligible dividends have been entered into Box 24 AND the T5 slip is the first slip listed in the T5 slip data entry screen (regardless of sort order)

If you have prepared T5 slips that meet either of the above criteria we suggest that you ensure that Box 14 (“Other Income from Canadian Sources”) contains a correct value on these particular T5 slips.

4 The CRA has updated its XML schema for electronic filing of T4A-NR returns.  This release of T4 TimeSaver includes the new schema file.
5 There was a situation where T5 slips could not be deleted from the system.  This has been corrected.

 

Production release 2007.3.2  (January 9, 2008)
1 All Federal and Quebec functionality enabled.
2 No changes have been made to Federal forms processing since the previous release. (2007.3.1)
3 Federal and Quebec Partnership forms will be updated as required later in January.

 

Production release 2007.3.1  (January 3, 2008)
1 Quebec Magnetic Media (XML) filing is disabled pending government approvals.   Additionally, Quebec RL-1, RL-3 and RL-25 slips have not yet received final approval and are disabled in this release.  An updated version of T4 TimeSaver will be released as soon as these authorizations are available.
2 Federal forms processing functionality is now complete.

 

Initial-Production release 2007.2.1 (December 3, 2007)
1 Permits conversion of 2006 data to 2007 format.
2 Rates and constants have been updated for 2007
3 Federal forms printing is now in 2007 format
4 Quebec forms printing is in 2006 format.
5 Magnetic Media (XML) filing is disabled pending government approvals.

 

Pre-Production release 2007.1.1 (October 3, 2007)

1 Permits conversion of 2006 data to 2007 format
2 Rates and constants have been updated for 2007
3 All forms printing is in 2006 format
4 Magnetic Media (XML) filing is disabled pending government approvals.