To make sure the most appropriate tagging has been applied to the Average number of employees note it is now required that the total average number of employees is entered into specified fields within Edit Notes (instead of as an addition to the default text provided). Entering the total number...

An Audit Information note is included within Audited Registrar Financial Statements (in place of the Report of the Auditors’) in accordance with the CA s444(5B) (from version 6.2).

Companies are having to consider how the impact of COVID-19 affects their business and how these affects should be reported in the accounts. This will require some additional disclosures to explain how recent events are affecting their business. To assist you with the preparation of COVID-19...

In this uncertain climate companies are having to consider how the impact of COVID-19 affects their business and how these affects should be reported in the accounts. This will require some additional disclosures to explain how recent events are affecting their business. To include the relevant...

When Apply advanced rounding rules has been selected a check will be made on the un-rounded and rounded totals of each Director within each DLA account code. Where a difference occurs the rounding amount will be allocated to the first Director with a balance within the same account code. For...

If you have setup Multiple Offices, (see KB3059 - How do I create Multiple Offices?) and have assigned your clients to specific offices (see KB3061 - How do I assign clients to a specific office?), you can use the TaxCalc Accounts Production default settings to ensure your client accounts use the...

The Intangible and Tangible Fixed Asset notes will make reference to “Cost or Valuation” automatically where a posting to has been made to a revaluation account code in the year (on any asset). Should revaluation have taken place in previous years, to continue to refer to “Cost or...

Under certain conditions we have seen some reports of access to certain areas of the application through APIs (Accounts Production Trial Balance Imports and Document Manager) not working as expected. You may get the below error or the options within the Accounts Production import screen may be...

How will Brexit affect financial reporting? The uncertainty caused by Brexit may affect the accounting estimates that are used in various areas of financial reporting, such as fair values, impairment assessments and going concern forecasts. Wording of disclosures on potential risks also requires...