Business Tax – Validation loss carry: value cannot be greater than zero OR cannot exceed 0.00
Article ID
ias-12557
Article Name
Business Tax – Validation loss carry: value cannot be greater than zero OR cannot exceed 0.00
Created Date
14th September 2017
Problem
If a company has been ceased for trading and when going into Edit, Losses and entering an amount in less loss carried back a validation will appear: loss carry cannot exceed 0.00
Resolution
You may get ‘the value cannot be greater than zero’ OR “cannot exceed 0.00”, It can be caused by ceased dates etc
To resolve this please do the following in Business Tax: – Click on Client – Click on View – Remove ceased date – Click on Save and then Close – Click on Edit – Click on Losses – Remove the amount in less loss carried back and less unavailable to carry forward – Click on Apply and then OK – Click on Client – Click on View – Enter Ceased date – Click on Save and then Close – Click on Edit – Click on Losses – Re-enter the amount in less loss carried back – click on Apply and then OK – data entry – summary – tick for earlier period – Edit – Notes
We are sorry you did not find this KB article helpful. Please use the box below to let us know how we can improve it.