IRIS Autumn 2020 Product Update
Overview
The IRIS Accountancy Suite Autumn Release Version 20.3 includes all legislative updates to ensure your ongoing compliance, as well as an update to Accounts Production to provide continued integration with Xero. It also includes solutions to issues reported in earlier releases.
Accounts Production
For large Limited Companies and Limited Liability Partnerships with accounting periods beginning on or after 01/04/19 this release includes the requirement to disclose their UK greenhouse gas emissions, energy consumption and energy efficiency.
Xero will shortly no longer support an authentication process called OAuth 1.0a, this release contains functionality to allow Accounts Production to continue to integrate with the Xero using the latest OAuth version 2.0.
For more information, click here.
When trying to iXBRL finalise a set of accounts the software will now issue a warning report if a ‘Draft’ Watermark is in place.
IRIS Tax
We have corrected an issue where users were unable to file where repayments for a postgraduate loan had been calculated but no payments had been deducted for it through their employment.
In IRIS Trust Tax we have corrected a problem where main rate capital allowances were not being saved in the data entry.
A new line has been added to the tax pool calculation to show any adjustments for residential finance costs
IRIS AML
As part of the new version of IRIS AML, we have added new export functionality that will allow users to export all externally added documents and ID checks logged against the clients. These will appear as separate options in the MLRO / Administration Functions portal.
