Frequently Asked Questions on
Using the "The Nitro Tax Helper"
PRO version
Please review the list of the most commonly asked
questions below for the answer to your question. If you still have a
question or need support, please go to the Contact
& Support page.
List of Questions:
Before you Download Questions:
Using the Software Questions (PRO version):
Before you download Questions:
Q) Do you have a demo
version available?
A) There is not a downloadable demo
version. However, you can view a video
over here.
Q) Is this program
designed for users outside of the United States?
A) This program was first designed
for home-based and small internet business owners in the United
States, following US tax law. However, it has been tested by
individuals in over 13 countries such as Canada and Australia. They
all say that is still very helpful and the customization features make
it very usable for their country.
Q) What do I need on
my computer to use the Nitro Tax Helper software? Is it available for
Mac users?
A) The software is modeled after a
Microsoft Excel spreadsheet, BUT you do not need Excel in order
to run the application. The software uses JAVA programming which
means it works on most recent computers (Windows, Mac OS X, Unix,
Linux, etc). It includes all the files necessary so you will be
able to use the software no matter which of these operating systems
you are using.
It is recommended that you have a minimum of 64 Megs
of RAM, 20 MB of available disk space and a Pentium processor or its
equivalent.
Using the software questions (PRO
version):
Q) I have it open, now
what?
A) Refer to our Getting
Started section of the website. It walks you through the
software step-by-step so you can become a pro in 30 minutes or less.
Q) What is the #add#
for?
A) Where you see #add#, this
represents a field where you can add in information. This field
is used for adding new income and expense categories. Once you
enter in some text, it will create another #add# field below it.
Q) I try and enter
something in a field and it will not let me enter any text. What is
this about?
A) The Nitro Tax Helper PRO is
designed so you can enter everything directly in the
Transactions tab without needing to change any of the complex
formulas. The Transactions area is the only place that you can (and
need to) enter information. By entering the proper information
in this area, everything else is done for you.
When you try and enter information in any other area,
protected and will not let you overwrite the existing text. Just
ignore it and realize that is not an area you need to enter
information. This is done so the important formulas that calculate
everything are not changed and cause major problems for you.
Q) What are
"Processing Fees"?
A) If any of your income
sources are provided by a company that automatically deducts fees from
your check before you receive it, such as "processing fees"
you can enter the amount here.
Q) I accidentally deleted some
information or entered information on top of existing info.
How can I undo this?
A) Be very careful when
deleting information. If you delete a transaction, and click OK
on the confirmation window, then that transaction is gone for good.
The only way to get it back is to either re-enter it, or you can go to
File -> Exit, and choose to NOT save changes. However, if you
do this, you will also lose any other data you may have entered since
the last time you saved.
If you simply mistyped something as you were entering
a transaction, you can edit it at anytime. Click on the
transaction you want to edit so that it is highlighted. Then
click on Edit. Make your desired changes and click on Save.
Your transaction will now be updated.
Q) I want to start a new
tax year without deleting my previous year's information. How do
I do this?
A) What you'll want to do is...
1) First, make sure you have your original data
open. Use File -> Open to access the correct file.
2) Save this file with a year at the end of it. For
example 'MyBusiness2001.xml'
3) To start a new year, you can do one of two things. To
start with the default settings, simply click on File -> New.
If you'd like to start a new file with all of the same income and
expense categories that you used in the previous year, you will simply
need to copy them into the file for the new year. To do this,
have the Nitro Tax Helper open with your previous year's information.
Then go to the Start menu and Programs to launch a SECOND Nitro
Tax Helper window. In the second window, save your file with a
new file name. For example, 'MyBusiness2002.xml'. Now, you
can copy and paste any customized categories you had from the previous
year into the new year's file.
Q) What is the Percentage
column on the monthly tabs?
A) The percentage column automatically
calculates for you what percentage each individual income and expense
category is compared to your total revenue and expenses. This
helps you analyze your business to see the real breakdown of what
percentage of your income comes from each income source, and what
percentage you are spending on each of your expenses. This can
help you either make sure that you are spending money on the right
things, and if not, then alert you to get back on track to investing
in the right things that will help you reach your goals.
Q) What is the
"Restore Default" button on the Get Started tab?
A) On the Get Started tab, in the very
lower right side of the screen you will see a button labeled 'Restore
Default'. Be VERY careful using this button. It will reset
your income and expense categories to the default settings that the
software came with.
Q) When I try to select an
Income/Expense Category on the transactions tab, I can not find the
category that I need. What do I do?
A) You can add in a new income or expense
category (or modify an existing one) on the Get Started page in the
software. As soon as you add a new category, it will appear as
an option when you click on Category in the transactions tab. A
word of warning - be very careful when removing or changing the name
of an existing category. This also will automatically be removed
or changed throughout the whole software.
Q) I do a search, but the
software says "No matches were found!". What does this
mean?
A) This means that, for some reason, the
software could not find any transactions matching your search
criteria. Please modify one or more of your search criteria and
try your search again.
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