An issue has been identified where in some situations ‘Creditors: Amounts falling due after more than one year’ is being omitted from the Balance Sheet within accounts prepared under FRS 105.
This issue was resolved on v7.0.012. To produce accounts with the correct balances displayed, please update to the latest version of TaxCalc and regenerate the accounts. To update TaxCalc to the latest version please refer to our Knowledge Base article on: How do I update TaxCalc to the latest version? (Practice users)
If you have identified this issue AFTER submitting a set of accounts to Companies House they may advise you (your client) to file a revised set of accounts.
In this situation a revised/amended set of accounts must be paper filed. Please update to the latest version of TaxCalc, regenerate the accounts and print a copy for paper filing. (There is an option is available under Accounts Setup > Accounts Presentation > Amending the Accounts to include relevant statements on the front cover should you wish for these to be displayed automatically on the re-generated accounts).
Please see the link here for further guidance on how to file amended accounts.
We apologise for any inconvenience this may have caused.