Filing Calendar → Preference Report
The main difference between these reports is that the Preference Report leaves out the columns listing address information, FEIN, “AutoSigner” and “DO NOT FILE.”
File Analysis Report → Compliance Detail Report
The only field the Compliance Detail Report doesn’t have that the File Analysis Report did is the “Input File” field, which was the name of the file used to generate the report. This field is no longer needed, as the Compliance Detail Report is not based on an individual import file.
Unmarked Data Report
This report is new with Sovos Filing. The Unmarked Data Report lists transactions that haven't been included in the current filing period’s returns.
Tax Filed Report
The new Tax Filed Report has 4 tabs, representing 4 different reports:
- Reconciliation
- Current Period Returns
- Data on Hold
- Liability Summary
Reconciliation
The old and the new versions are almost identical except for a few changes. The new report doesn’t include the row with the file name; it shows the total amount of data imported for the month instead. The other difference is cosmetic: the new report is printed in horizontal columns instead of vertical rows.
Current Period Returns
There are a couple of differences between the previous and new versions. The Filing report omits Column A of the previous version, which listed the Legal Entity name on each row. Credit Held is now called Data on Hold and has its own report in the Tax Filed Report.
Data on Hold
The difference that you’ll notice here is that this third tab now consists only of Data on Hold. Data that's waiting for periodic filing will appear in the Compliance Detail Report.
Liability Summary
This report gives a breakdown of what was originally imported for the month and the total amount after credits were placed on hold or released to the return.
After receiving a report, you should review the contents within 24 hours so that the preparer can advance the return to the next phase and file it on time. After 24 hours, the preparer will move forward with the report even if you haven't provided any comments.