To present the Profit and Loss Account (Income Statement) and Statement of Comprehensive Income as a single statement (where Other Comprehensive Income is to be disclosed) within Accounts Production (on version 6.2) please select 1. Accounts Setup 2. Statement Preferences. A small company is...

Abbreviated Accounts can still be generated for filing at Companies House for accounting periods starting before 1 January 2016.However, as part of the changes to the Small Companies Regime, the option to prepare Abbreviated Accounts was removed and therefore can no longer be applied for periods...

Our latest Accounts Production update (6.2.011) sees a number of changes being implemented for Accounts Production. We are including the new and common questions which may be asked below. Why have some of my notes been turned off/excluded after updating? Can I change the default text for a note...

Filter options are available within Edit Notes (from version 6.2); the combo-box includes options show only notes that are required by law (aka mandatory) OR encouraged by FRS (applies to FRS 102 1A only); and another to show only notes that are on OR off (all standards). The addition of these...

After updating to Version 9 or later of TaxCalc some users may experience the application freezing when attempting to open batches or notes within the Accounts Production module. This issue will usually occur when a TaxCalc user accesses the program from different computers that have a mix of...

This error message will be presented when attempting to file a corporation tax return or a set of accounts online if you have multiple entries present in the financial statements for directors loan account (one appearing in the debtors note and one appearing in the creditors note). The easiest...

We’ve listened to customer feedback with regards the default inclusion of selected notes. As a result, a review of all notes has been carried out and on version 6.2 the master defaults have been updated to only include (either automatically or where relevant postings exist) those notes that are...

1. Select Notes 2. Edit Notes 3. Statement of Changes in Equity 4. Set ‘Include Statement of Changes in Equity in Registrar Financial Statements (from version 6.2). Please note: There are differing opinions in the profession about the inclusion, or not, of the Statement of Changes in...

When connecting to FreeAgent in Accounts Production, users may see Unable to fetch TrialBalance, Error: An error has occurred – please contact support if this error persists’ message. This error occurs if a user has not been set with the correct permissions within FreeAgent. Users will need...

The content within Audit Information note is generated from information provided for Report of the Auditors’, within the Full Financial Statements as found within Edit Notes > Auditors’ Report. A preview of the Audit Information note can be found within Edit Notes > Audit Information.