Report only the commission on the GIFI. Compensation could also be reported under this item (for example, compensation for collecting sales tax).

The GIFI is an extensive list of financial statement items where each item has a unique code (for example, cash is 1001). When you use the GIFI, do not submit your financial statements with …

1 okt. 2025 · CRA GIFI codes are four-digit numbers assigned to specific accounts and line items in financial statements. Instead of submitting a detailed chart of accounts, corporations report …

If you created your accounts one at a time, you will need to add a GIFI code to each account. We recommend that you ask your accountant to review your chart of accounts to ensure that the …

In Business Central, you must set up GIFI codes for general ledger accounts, reports, balance sheets, income sheets, and statements of retained earnings. Choose the icon, enter GIFI Codes, …

Due to CRA software specifications, some GIFI codes will only be entered as a sum of other codes and amounts cannot be manually entered. They will be calculated automatically by Pro Tax.

26 mei 2025 · The General Index of Financial Information (GIFI) is a standard list of codes that you use to prepare your financial statements. All corporations (except for insurance …

If you created your accounts one at a time, you will need to add a GIFI code to each account. We recommend that you ask your accountant to review your chart of accounts to ensure that the …

23 aug. 2023 · General information for corporations about the General Index of Financial Information (GIFI)and how to use it.

Preparing your financial statements using GIFI The General Index of Financial Information (GIFI) codes identify items that are usually found on a corporation's financial statement (balance …