Sky Tax – How to handle a take-on in the master client
Setting up the master client file in Sky Tax, particularly for Take-on, involves several crucial steps. Here's a comprehensive guide based on the information available on the Accfin Sky website:
Understanding the Importance of Planning Take-On: If you're new and setting up Sky Tax for the first time, it's crucial to have a clear procedure for the take-on process. If your first step is provisional tax this is especially important in relation to the timing of provisional tax periods (P1, P2, P3). You must inform the system of the previous payments (P1 and/or P2) depending on your current point in the tax cycle. Sky Tax, being linked to SARS e-Filing, can facilitate the provisional tax process by downloading necessary details from SARS, but this requires your client master file to be accurately set up.
Setting Up the Master File Before Apps: Before you can utilize any modules or apps in Sky Software, it's imperative to set up the master file first. The Sky Software system uses a central Client Maintenance or client file screen that serves all the other back-office applications. Once client information is entered, it becomes accessible across all Sky applications. Therefore, the accuracy and completeness of the Client Master information are vital for the successful operation of these applications. If you setting up in order to run provisional tax master files become a first.
Configuring Client Master Information: Before entering clients into the system, you should first set up supporting databases. Each client must be linked to a Partner, Manager, Client Type, and Business Category. These links are mandatory, but you have the option to mark them as not applicable if you choose not to use them by entering an *.
Master Client Take-On Screen: The client take-on screen is crucial for entering detailed client information. You'll need to identify the client type (e.g., company, individual, trust, etc.) and fill in required information in various fields, which will be highlighted in yellow for ease of data entry. This screen also allows you to create new client records and is designed to facilitate easy data input.
Data Entry and Import Options: For practices with a smaller number of clients (less than 100), manually typing the data into the master files might be feasible. However, for larger practices with data already compiled in spreadsheets, Sky Software can import this data for you, which is particularly useful for high-volume practices.
Training Resources: There is a 21-minute training video available on how the Client Masters work. This video can provide more detailed instructions and visual guidance. You can find more information and learning videos at the Sky Software Academy on the Accfin Software website.
By following these steps and utilizing the available resources, you can effectively set up the Master Client File in Sky Tax for the Takeon module. Remember, the accuracy and completeness of this setup are crucial for the smooth functioning of the software and its applications.
