Start the engagement

This topic applies to Caseware ReviewCompTax.

Learn more about Caseware ReviewCompTax

To get started, create a new Caseware ReviewCompTax engagement file. You can also set key dates, budgets and assign staff members to the engagement file to prepare and review the engagement work.

Note: If you create an engagement by mistake, you can delete it and restore the engagement token within 24 hours. To learn more, see Manage purchased engagements.

To create a Caseware ReviewCompTax engagement:

  1. From the Cloud menu (), select Caseware ReviewCompTax.

  2. Select the New button.

  3. The Caseware ReviewCompTax dialog displays.

  4. Choose your client Entity, enter a name for the engagement file and specify the year of the engagement.

  5. You can also:

    • select a Start Date and End Date for your engagement, enter budget information and add a description.
    • carry forward data from an existing engagement. See Carry forward an engagement for more information.
  6. In the Preparer field, enter your name and select yourself from the drop-down list.

  7. You are now assigned as the preparer.

  8. In the Reviewer field, enter another staff member's name. Select them from the list to assign them as a reviewer.

  9. Select Save.

  10. The engagement file automatically opens in your browser.

You have now created an engagement file, and assigned staff to prepare and to review the engagement.

Set the workflow status and year end date

When you first open the engagement, a pop-up displays showing the engagement's Workflow status.

The Workflow status lets clients and other stakeholders know how far along you are in the engagement process. If you intend to start working on the engagement right away, set the Workflow status to In Progress.

You can also set the engagement's Year end date. Note that an incorrect year-end date affects trial balance imports.

Once you select Save, you can view the Documents page.

The Documents page acts as Caseware RCT's central hub. When you first open this page, very few documents are available. This is because you haven't defined the parameters of the engagement yet.

To populate more content in the Documents page, complete the 0-10 Planning Optimiser checklist. Documents are available within three engagement phases:

  • Planning

  • Fieldwork

  • Conclusion

Each phase has its own progress indicator that shows the document sign-off progress. You can hover over the progress indicator to view how many documents are Outstanding, Prepared or Reviewed.

To see all documents available in Caseware ReviewCompTax, select More Actions () | Hidden Items.