8.5 Generating Revised Reports

When you download an acknowledgment from FINTRAC E-File System and identify there are errors or issues in the reports they are not rejected. You can delete or correct such reports in the E-File and resubmit an E-File with revised reports into the FINTRAC E-File System again. To correct or delete reports in E-File, the status of the report must be in the Acknowledged status. On such reports, you can take the Generate Revised Report action.

Note:

You cannot take Generate Revised Report action multiple times on the same report.

• When you take a Generate Revised Report action on a report, a copy of the report is created with the same information but with the differ- ent Report number. When you take the Generate Revised Report action on a report using the Change or Delete option, a new report is created with the same information and the status of the report is Open with the Change or Delete report type. The report with Open status is available in the Regulatory Reports List. To submit the revised report into the FINTRAC E-File System again, follow the workflow. For example, If you have submitted report number 4458 into the FINTRAC E-File System and received an acknowledgment with errors or issues. You have two options to revise the report and resubmit into the FINTRAC E-File System:
• Changing and submitting: Open Report Number 4458 in the Acknowledge status and click Generate Revised Report. In the Generate Revised Report window, select the Change option, enter comments, and save. A copy of Report Number 4458 was created with the new Report Number 2234 with the same information. The status of the report is Open and the report type is Change. Now follow the workflow and resubmit into the FINTRAC E-File System. The FINTRAC E-File System verifies the report and replaces this new report in its system.
• Deleting and submitting: Open Report Number 4458 in the Acknowledge status and click Generate Revised Report. In the Generate Revised Report window, select the Delete option and save. A copy of the Report Number 4458 created with new Report Number 2234 with the same information. The status of the report is Open and the report type is Delete. Now follow the workflow and resubmit into FINTRAC E-File System. The FINTRAC E-File System verifies the report and removes this report from its system.