UFileT2 logo

UFileT2

by Thomson Reuters · Since 2008
No reviews yet
Active1+ countriesCloud
Quick facts
VendorThomson Reuters
Year launched2008
StatusActive
LocationToronto, Ontario, Canada
Countries served1+
Languages2
Integrations1+
Free tierN/A
Free trialN/A
Contact salesYES

About UFileT2

UFileT2 is a tax preparation software from Thomson Reuters that supports individuals in filing their personal tax returns. It includes features such as purchase options, access to Thomson Reuters resources, and an exploration of additional offerings from Thomson Reuters, so users can navigate their tax responsibilities effectively. The software is designed to simplify the tax preparation process while providing users with essential information and tools. It is particularly useful for individuals who want to ensure accurate tax filings while benefiting from professional insights. Key capabilities: purchase options Thomson Reuters access additional offerings user-friendly interface real-time tax calculations Best for: individuals who need assistance in preparing and filing their personal tax returns.

UFileT2 by Thomson Reuters is a corporate tax software designed to simplify the process of filing taxes for businesses. With its standout features such as automated data import, error checking, and advanced reporting capabilities, UFileT2 stands out as a comprehensive solution for managing corporate tax obligations. The user interface of UFileT2 is intuitive and user-friendly, making it easy for users to navigate through the various features and functionalities. The design elements are clean and organized, enhancing the overall user experience and making it easy to input and retrieve data efficiently. One of the core functionalities that sets UFileT2 apart from its competitors is its ability to handle complex tax calculations accurately and efficiently. The software incorporates innovative algorithms and workflows to streamline the tax preparation process, saving users time and reducing the risk of errors. When it comes to performance, UFileT2 excels in handling large datasets and complex operations with speed and reliability. Users can rely on the software to process data quickly and accurately, even when dealing with challenging tax scenarios.

Pros & Cons

Pros
  • 1. Streamlined process for preparing and filing corporate tax returns
  • 2. Automated calculations reduce the risk of errors
  • 3. Access to up-to-date tax laws and regulations
  • 4. Ability to easily track, analyze, and report on financial data
  • 5. User-friendly interface with comprehensive support resources available
Cons
  • 1. Limited customization options for reports
  • 2. User interface can be confusing for new users
  • 3. Lack of integration with other accounting software platforms
  • 4. Occasional glitches and bugs that can disrupt workflow
  • 5. Steep learning curve for more complex tax scenarios

Features

Key features

• Carry Forwards (Data Transfer)

Automatically transfers permanent information and tax carry forwards to the new tax year.

• Easy-to-Use Interface

Utilizes the QuikClik interview method, suitable for both beginners and experienced users.

• Corporation Internet Filing (EFILE)

Electronically file your corporation’s tax return using T2 Corporation Internet Filing.

• Supported Forms

Supports over 70 forms, including federal and provincial returns such as CO-17 and AT1.

Additional features

• Data Import

Supports manual entry and import of income and expenses (General Index of Financial Information or GIFI) from accounting software like Sage 50.

• Data Diagnostic Manager

Identifies and diagnoses data problems to help ensure accurate results.

• Security

Data is stored securely using encrypted channels on Canadian servers, employing advanced encryption technologies.

• Free Telephone Support

Offers free telephone support, with long-distance charges possibly applying.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

1
Countries served
2
Interface languages
1
Billing currencies

Available in

Canada

Interface languages

EnglishFrench

Billing currencies

🇨🇦CAD

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