Audit-ready working papers, not just spreadsheets.

Excel working-paper templates for Canadian corporate and partnership tax — built the way a reviewer wants to receive a file: every figure cross-referenced to the line it supports, every schedule tied out, scope and exclusions stated up front.

Products
T2 · T5013 · EIFEL (Schedule 130)
Format
Excel .xlsx — no macros, no add-ins
Prepared for
CPA firms, corporate tax departments, sole practitioners
Licence
One-time purchase, per firm

Built by a CPA tax director with 15+ years in complex corporate tax.

01

Products

Three workbooks. Each one is a complete working-paper file for the engagement it names — not a fragment, and not a demo.

Corporate

T2 Working Paper Package

The support behind the corporate return: trial balance through book-to-tax, capital cost allowance, loss continuity and the dividend and Part IV schedules. Adapted from a working T2 file rather than drawn on a blank sheet, with a reviewer’s control-checks dashboard already in it.

Inside the workbook

  • Trial balance with GL-to-GIFI mapping, driving the GIFI income statement and balance sheet
  • Schedule 1 — book-to-tax reconciliation, every add and deduct line-referenced to the return
  • Schedule 8 — CCA continuity by class, with recapture and terminal loss flowing back to Schedule 1
  • Schedule 4 — loss continuity and application, by loss type
  • Schedule 3 — dividends received and paid, Part IV tax and the refundable dividend tax split
  • Carryforward summary that rolls closing balances into next year’s file
  • Control-checks dashboard grouping the tie-outs by category
See full details

How it is used

Map the trial balance once. The GIFI statements, the book-to-tax reconciliation and the schedules that feed it populate from that mapping, and the control-checks tab tells you which tie-outs are still open. Inputs are blue and unlocked; formulas are black and locked; green means a figure came from another tab. The legend is on the instructions sheet, not in your head.

What it hands the reviewer

A cross-reference column against every reported figure, a diagnostics block per schedule, and a sign-off tab with preparer, reviewer, date and notes rows — so a review comment lands on a line, not on a mystery number.

Scope and exclusions

The workbook’s version and assumptions tab states what this release covers, what it deliberately does not, and the legislative references it implements. Read it before you buy: it is included in the sample PDF.

Requirements

Excel 2019 or Microsoft 365, Windows or Mac. No macros, no add-ins, no external links, no internet connection required to use the file.

CAD $189

One-time purchase · per-firm licence · free minor updates for the tax year

Instant download at checkout.

Partnership

T5013 Working Paper Package

Built around the part of a partnership file that actually consumes the time: allocation. Partner register, Schedule 50 alignment, adjusted cost base and at-risk continuity, and GIFI mapping from the trial balance — one continuity, one set of numbers, one tie-out.

Inside the workbook

  • Partner allocation register, one row per partner, aligned to Schedule 50 box numbers
  • Income and loss allocation tied back to the partnership’s own book-to-tax reconciliation
  • Adjusted cost base and at-risk continuity per partner, referenced to ITA s.53, 96(2.1)–(2.2) and 40(3.1)
  • Contributions, distributions and mid-year interest transfers feeding that continuity
  • GL-to-GIFI mapping driving the GIFI financial statements from the trial balance
  • Book capital reconciled to tax adjusted cost base, so the two are never quietly different
  • Control checks: allocations foot to partnership totals, continuity closings foot to their parts
See full details

How it is used

Set up the partner register once, then the allocation, the continuity and the Schedule 50 feeder all read from it. Mid-year admissions, withdrawals and transfers are entered in one place and carried through the ownership percentages rather than re-keyed per schedule.

What it hands the reviewer

Allocation totals that foot to the partnership return, an adjusted cost base continuity a reviewer can walk from opening balance to closing balance without unhiding anything, and a sign-off tab per schedule.

Scope and exclusions

The version and assumptions tab states the covered scope, the stated exclusions and the legislative references implemented in this release. It is reproduced in the sample PDF.

Requirements

Excel 2019 or Microsoft 365, Windows or Mac. No macros, no add-ins, no external links.

CAD $189

One-time purchase · per-firm licence · free minor updates for the tax year

Instant download at checkout.

Interest limitation

EIFEL Calculation Template

A standalone Schedule 130 workbook for the excessive interest and financing expenses limitation: adjusted taxable income, interest and financing expense and revenue classification, and excess-capacity continuity — mapped line by line to the CRA form, for corporations and for partnerships.

Inside the workbook

  • Adjusted taxable income derivation, each add-back and deduction itemized on its own line
  • Interest and financing expense and revenue classification — including amounts capitalized to CCA, lease financing and amounts allocated from a partnership
  • Excess capacity, absorbed capacity and cumulative unused excess capacity continuity
  • Restricted interest and financing expense tracking, and how it interacts with loss application
  • Corporate and partnership computations, with the partnership-allocated amounts cross-wired to the corporate side
  • Every computed amount mapped to its Schedule 130 line number
  • Diagnostics on each part, plus review and sign-off
See full details

Why this one exists

The regime is new enough that most firms are computing it in a one-off file built under deadline, then rebuilding it next year. This is that file, built once, line-numbered to the form, and documented well enough to hand to a reviewer or to pick up again twelve months later.

How it is used

Inputs are entered once and classified; the ratio computation, the capacity continuity and the restricted-expense carryforward follow from them. Each part carries its own tie-out so an out-of-balance figure is visible where it happens rather than at the end.

Scope and exclusions

This is the part of an EIFEL tool that matters most, so it is stated plainly: the version and assumptions tab lists the covered scope, the legislative references implemented, and the exclusions — including which elections the workbook does and does not compute. Read that tab in the sample PDF before you buy.

Requirements

Excel 2019 or Microsoft 365, Windows or Mac. No macros, no add-ins, no external links.

CAD $339

One-time purchase · per-firm licence · free minor updates for the tax year

Instant download at checkout.

02

See the file before you buy it

Each product ships with a sample PDF printed straight out of the workbook: the cover, the instructions and colour legend, one full calculation schedule, the diagnostics block, and the version and assumptions tab with the stated exclusions.

  • T2 Working Paper Package Sample PDF available at launch
  • T5013 Working Paper Package Sample PDF available at launch
  • EIFEL Calculation Template Sample PDF available at launch

No sign-up will be required to read a sample.

03

How these are built

Every workbook is released against a written internal quality standard, and the result is recorded per product before it ships. These are the parts of it a buyer can verify from the first tab.

  1. Input, calculation and output stay separated

    Blue is an input you own. Black is a formula. Green means the figure came from another tab. The legend is stated in the workbook, and the convention holds on every sheet.

  2. Every figure carries a cross-reference

    A dedicated column maps each amount to the return or schedule line it supports, so preparing the return is transcription rather than re-derivation.

  3. Tie-out diagnostics, not trust

    Each schedule has its own checks — continuity closing equals the sum of its parts, allocations foot to the total — surfacing as OK or CHECK, with one master check cell on the cover.

  4. A review and sign-off tab

    Preparer, reviewer, date and notes rows, per schedule. The file arrives already shaped for the review it will get.

  5. Scope and exclusions are stated, not implied

    A version and assumptions tab carries the changelog, the assumptions made, the legislative references implemented, and what the release deliberately does not cover.

  6. Macro-free .xlsx, no external links

    Zero macros by design and no links to other files, so the workbook opens without a security prompt in a locked-down firm environment and behaves the same on any machine.

  7. Formulas locked, inputs open

    Sheet protection is on and has no password — a guardrail against an accidental overwrite, not a lock on your own file. Unprotect it if you need to; the instructions say so.

  8. Legislative references by section number

    Calculation sheets cite provisions, not paraphrase. A reviewer checking a treatment gets a section number to check it against.

  9. Clean in the shipped state

    No #REF!, #VALUE! or #DIV/0! anywhere, with sample data in place or cleared out. Print setup is done on every printable sheet: one page wide, headers repeated, footer carrying product, version and page.

  10. Tested by someone other than the author

    Each release is peer-tested against a scenario completed unaided, and one schedule is rebuilt from blank inputs using only the instructions tab, to confirm the file is usable by someone who did not build it.

  11. Version history discipline

    Versions are numbered, dated and changelogged. When a correction ships, you can see what changed and decide whether it touches a file you already filed.

04

Questions

The answers a practitioner asks before spending firm money on a file from someone they have not met.

Is this tax advice?

No. These are productivity tools — Excel templates that automate calculations and provide documentation structure. Nothing here is tax, legal or accounting advice, and buying a template does not create a professional relationship. You remain responsible for the accuracy of anything you file and for your own professional judgment on every file. This is set out in sections 2 and 3 of the Terms of Use.

What do I need to run them?

Excel 2019 or later, or Microsoft 365 — Windows or Mac. No add-ins, no subscription to anything of ours, and no internet connection to use the file. The workbooks are ordinary .xlsx files.

Do they contain macros?

None. Zero macros, by design. That is a deliberate constraint rather than a limitation we ran into: a macro-free workbook opens in a firm with locked-down Office security without an exception request, and it can be reviewed by anyone who can read a formula.

Does any of my client data leave my machine?

No. The templates are local Excel files. There is no telemetry, no cloud component, no external link and no call home. Whatever you type into a workbook stays on the machine or network you put it on.

How is it delivered?

Through a Payhip checkout, with the download available immediately on purchase. There is no waiting period and no manual fulfilment step.

What does the licence actually allow?

It depends on the tier you buy: an In-house Licence covers your own entity and corporate group; a Practice Licence covers one firm preparing work for clients; an Enterprise Licence covers a group where more than one firm needs access. Every tier is perpetual, with unlimited users and unlimited files within its scope. Finished client deliverables you produce with it are yours and are not restricted. Full definitions and what each tier permits are in the Licence.

Do I get updates?

Minor updates released for the tax year you purchased — formula corrections and clarifications — are free. A version built for a new tax year is a new product and a new purchase. See section 6 of the Terms of Use.

What if it does not work for me?

14-day technical compatibility guarantee: if a workbook cannot be made to work as documented after a reasonable support attempt, the purchase is refunded. Change of mind on an already-downloaded file is not grounds for a refund — these are digital files delivered instantly. See the Refund Policy for how to request one.

What kind of support is included?

Reasonable email support on how the workbook works — what a formula does, how to navigate a tab, how to resolve a technical problem with the file. Not support on tax positions, technical interpretations, or how a template should be applied to a specific client fact pattern. That judgment is yours.

Are French versions available?

In development. If a French workbook is what you need, join the list below and you will hear when one is ready.

05

Release notes

One list, low volume: new products, new tax-year versions, and the changelog when a correction ships. Nothing else, and no sequence of marketing emails behind it.