TLDR:

ASC and R&D projects are now separate.

Video walkthrough: https://www.loom.com/share/e12d4f44bbfc4d3cb1af54f943d67df4

Screenshot 2024-10-17 at 10.28.57 AM.png

Benefits

1. Focused Project Views:

We’ve separated ASC and R&D projects, giving you better insight into the key data set for each.

2. Better Projects, Automatically

ASC and R&D project identification is now separate and thus much more tuned to the different requirements process. This means the right set of projects automatically, reducing time spent on manual adjustments.

3. Simplified Setup:

No more juggling between two separate companies. You can now manage both ASC and R&D projects within a single company, streamlining your workflow.

Next steps

We will migrate your 2023 R&D projects into the ASC company. You will use this company going forward.

Once this is complete and you’ve confirmed, we’ll hide the old R&D company.

When it’s time for your 2024 R&D credit, you’ll be able to copy 2024 ASC allocations over to R&D as a starting point, then generate R&D sized projects.