How To Get Started On IT14's

1. Retrieve IT14

· Click on the Tax module, then select>>>>Tax Returns>>>>IT14>>>>Retrieve

NB! To retrieve for one taxpayer rather go to: IT14 input>>Efilling tab>>click on “Retrieve” at the bottom the screen. If the return has been downloaded, the ledger status will be “RECEIVED” and there will be a date. If the ledger status is “REQUESTED” try retrieve it again after 24 hours.

3. Return Info Section

· This tab is very important and needs to be completed correctly. Based on the information inserted here, the system will force other bits of information required to be completed.

· Depending on what you put here, SARS will generate various other bits of the tax return required.

4. Financial Items Section

· Depending on what you’ve ticked and filled in on the Return Info tab, certain tabs on the left panel will be activated [In Bold]

· You need to address each tab and enter the relevant information that it is required.

· You will notice that some tabs will be greyed out as they will not be required for that container type. Remember there are 3 container type small, medium and large. A larger company will require more info than a small company.

5. Financial Info Section

· The Trial Balance is the most important aspect of an IT14 as it is the core of producing an IT14 tax return. You need to make sure that you get this right!

· Click on Trial Balance to import and the screen below will display:

6. Submitting an IT14

· Click on the e-filling tab to submit. If the status is QUEUED – click on “Upd SARS Status” so that the status will change to SUCCESS

· If the status is SAVED, click on “Update Status” then it will go to “Awaiting supporting docs”

· Then add the document and click on “Submit Docs”

· If the status is FAILED: click on Response to see why it didn’t go through. There will be a message that will tell what you need to capture or what’s missing - the message will give you a direction about what you need to do.

· To submit IT12s for more than one client – go to the Home screen>>>>Tax>>>>Tax Returns>>>>IT14>>>>Efile

· This screen gives you a history of all the e-filling activity that has taken place.