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Corporate Linking in T2 FAQ

SOLVEDby IntuitUpdated 1 year ago

You can review a tutorial video on Corporate Linking here:

About Corporate Linking

T2 filers can now link data from a related/associated corporation into the RAC Details form of another corporation using ProFile's Corporate Linking function. Any changes to the data of a related/associated corporation found within a RAC Details form is now highlighted and can be synchronized with only a few clicks.

Any ProFile customer who has the T2 module is eligible to use Corporate Linking.

Corporate Linking is applicable for 2017 and later T2 modules only.

The Corporate Linking function is accessible from the ProFile top menu toolbar:

The Corporate Linking icons will be active on the ProFile menu toolbar.

No, printing for T2 will behave the same for T2.

Link and Unlink Corporations

No, but the syncing performance may be impacted if many corporations are linked.

No, the RAC Details data will still be intact, but it will not sync until it the linking is re-established.

No, you must manually create the RAC Details form for the related/associated  corporation and then link it to a corporation.

No, there will be additional required information that is not contained on the corporation's RAC Details form.

Sync Linked Corporations

No. Password protected files must be made unprotected to be read.

Errors and warnings

You may have a large number of related/association corporations linked; this can increase the time required for syncing.

The yellow highlighted fields require additional data be entered, as in other ProFile forms. Enter the required data in the highlighted fields manually.

EFILE and ReFILE

No, customers must identify and link any related/associated  corporations themselves.

No, related/associated corporations must be EFILED separately from the linked corporation.

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