How do I create a Community Interest Company (CIC) Report?

To create a Community Interest Company (CIC) Report, first you need to mark a company as a community interest company (CIC) in TaxCalc, following these steps:

1. Launch Practice Manager.
2. Double-click on the relevant company.
3. Click on Company Information.
4. Tick the checkbox Company is a Community Interest Company.
5. Go to the Finish page and click on Finish and Save.
6. Launch Accounts Production
7. If you open an existing accounting period, select Client Information > Name and tick the checkbox Is a Community Interest Company (CIC).
8. If you create a new accounting period, select Client Information > Name and the checkbox Is a Community Interest Company (CIC) should be already checked for you.

Once you have completed the above steps, the option to create and edit the CIC Report is activated for the company. The next step is to:

1. Select Notes → Edit Notes → CIC Report.
2. If you would like to add a cover page to the report, select Yes on the landing page.
3. Use the menu on the left hand side to edit and review individual sections of the CIC report.
4. Click on Save and Close to save any changes you make to the report.
5. Select Check and Finish and clear any error messages that relate to the CIC Report.
6. Select Reports and click on CIC Report to generate the report.