Features List v17.1.0

Release Overview

The Spring 2017 release of IRIS Accountancy Suite v17.1 is the first of many releases that provides focus on digital enablement and alignment to HMRC’s Making Tax Digital regime. 

With the first mandate looming in April 2018, we have included a number of functional enhancements that enable users to keep ahead of the latest legislative changes, whilst delivering a number of productivity and efficiency gains across the complete suite.

As always you can rely on IRIS to fulfil all of your compliance needs and our Spring release includes all of the necessary compliance updates for our entire suite.

IRIS General

Making Tax Digital (MTD) changes

V17.1 includes a great deal of ‘under the bonnet’ changes ready to enable the smooth transition to Making Tax Digital (MTD) quarterly updates and HMRC’s API first strategy.  This release focuses on enabling users to take advantage of the first HMRC MTD deliverables from within our existing solutions so you can familiarise yourself with the data centric approach HMRC are undertaking.

Please note: The MTD enhancements below are ready in IRIS but are dependent on HMRC and therefore will not become visible until after they “Go Live” with this functionality. We will post a notice within “important announcements” within our IRIS OpenPortal to confirm when HMRC make this available.

Enhanced Client Dashboards

From our spring release Client Dashboards in IRIS OpenPortal will include a new Making Tax Digital widget to show the Digital Tax Account data that is currently available to agents. This will make it quick and easy to see the data held in IRIS compared to that currently held by HMRC in the clients digital tax account. 

Personal Tax

IRIS Personal Tax will also include pre-population of client data made available via MTD as it’s enabled by HMRC so you can clearly see and select to utilise the information already held by HMRC when completing the clients return. 

Included in this release:

  • Automatic information pre-population for Individuals
    • Employment
      • Records - Business name and PAYE Ref
      • Benefits
      • Earnings
  • Other income – jobseekers allowance, incapacity benefit etc.
  • Tax refunded or set off by tax office
  • Marriage allowance
  • Class 2 NIC

See more detail

IRIS OpenSpace

A number of enhancements have been made to the interaction with and electronic approval of documents within IRIS OpenSpace following detailed feedback sessions held with customers.

You can now:

  • Request approval from multiple clients on the same document. You can now choose whether the document must be approved by a single client or all clients before the document is marked as approved. This is part of the existing upload and e-Approval routine from within IRIS Accountancy Suite or available as a selection from the IRIS OpenSpace web client.
  • Upload multiple documents for approval in a single upload via the IRIS OpenSpace web client.

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IRIS Docs v.6.12

The latest version of IRIS Docs includes the following enhancements:

  • Analytics: A new feature, intended for use by Administrators of the system only, provides an overview of IRIS Docs. There are 5 predefined views: Categories, Documents, In-trays, Users and Workflows.
  • Notes: This has been enhanced into a ‘chat style’.

In addition to these enhancements, IRIS Docs also includes support for:

  • Microsoft Office Pro Plus installed via an Office 365 subscription
  • Windows Server 2016 
  • Windows SQL Server 2016

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IRIS Accounts Production

Our spring release continues our mission to enable paperless digital accounts production and give you competitive advantage.

Enhanced Working Paper Linking

Our Working Paper Linking feature within our Interactive Reports enables external Microsoft Excel working paper files to be linked directly from figures in the final accounts and includes note keeping and review points to easily flag items that need closer inspection and is now available for Partnerships and Sole traders.

Review Point Report

Our new Working Papers Notes Report collates all notes into a dynamic report giving both the creator and reviewer of the accounts a single digital view to mark as complete or add any additional commentary.

Status Flagging

Whilst reviewing the set of account we have provided new Status Flags for To Review, Reviewed or None. These flags can be used on the profit and loss, balance sheet and a select set of notes including the fixed assets note to show whether or not it has been signed off or needs further work.

Colour Coding of Linked Tags

Colour coding of tags on the Working Papers Notes report now gives an efficient way of seeing which numbers have a link to a supporting document. This will collate all the notes that have been added against a figure in the accounts to enable easy review.

Hyperlinks to Notes

The links that you have created from figures on the face of the accounts to work papers now automatically link the same figures in the notes to the same working paper.

Full Accounts and Working Paper Print Routine

For those that still desire a physical accounts file V17.1 includes a new print routine to enable a full set of compliance accounts (including all working paper references) along with all the linked working papers to be conveniently printed in one batch removing the need to open and print all supporting schedules separately thus completing the end to end digital processing.

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IRIS Company Secretarial

Enhancements to Companies House Beta Service

Our spring release extends the free access from within IRIS to data held on the UK register of companies. Access to the Companies House beta service will now be the default and provide the following additional searches free of charge as standard:

  • Company overviews
  • Document images
  • Company officers
  • Disqualified directors
  • Change registered office address

Search capability within IRIS Company Secretarial has also been enabled for company name, number, or postcode to immediately see the results within the Companies House Beta web service. Clicking Save here will instantly import the details directly from Companies House into IRIS. A New 'Filing History’ button within the Company Secretarial Forms screen now also displays the filing history from the Companies House Beta web service. It is also possible to view the Person’s of Significant Control currently registered at Companies House from within the PSC screen.

Enhanced integration with IRIS OpenSpace

We have also improved customer communication as all Companies House forms are now enabled to be viewed across mobile devices when sharing documents via OpenSpace without the need for the recipients to download any additional mobile apps.

IRIS Company Formations

LLP Formations

IRIS Company Formations has now been extended to include Limited Liability Partnerships. 

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IRIS Tax solutions

IRIS Fixed Asset Register 

Our spring release includes the ability to export all IRIS Fixed Asset Register reports to Microsoft Excel.

IRIS Business Tax 

The government announced 2 major reforms to the loss relief rules for corporation tax:

  • Losses arising from 1 April 2017 can be carried forward and set against the taxable profits of different activities within a company and the taxable profits of its group members
  • The amount of annual profit that can be relieved by carried-forward losses will be limited to 50% from 1 April 2017, subject to an allowance of £5 million per group

We have incorporated these changes into Business Tax early to enable planning and the appropriate use of losses. The product will apportion any losses arising from a period that straddles 1 April 2017 and clearly show which losses arise pre and post this date. It will also automatically use the losses brought forward in the most beneficial way. 

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Productivity & Efficiency gains


Enhanced Search capability

The IRIS Client Browser now allows searching by both Client ID and Client Name fields simultaneously to speed up the in product client search process.
The Communication Tracking search now includes documents stored in IRIS OpenSpace. 

The IRIS OpenPortal smart client search has been expanded. This search now interrogates the Client ID, Client Name, Registered number, UTR, NI number and Charity Number fields making it incredibly fast and easy to find the desired client even when you have limited details to search on. 

A new Menu Item search has been added to enable fast efficient access to all product menus so you can now instantly access those less frequently used features without having to remember which menu they are accessed from.

Efficiency gains

Time & Fees toolbar enhancements

Our spring release adds single click access toolbar options to Client Summary, Account Details, On Screen Billing and Fees Budgets screens.
We have now set the default for the Client Billing Decisions Report to exclude clients with zero WIP balance. 

See more detail

To see the full contents of the IRIS Autumn 2016 (16.3.0) release click here

We have also simplified our release version numbers, more detail on this can be found here

Other recent changes to IRIS Accountancy Suite... 

Working Papers external file linking

To improve our workflow and paperless office experience we have introduced working paper external file linking capabilities to our Interactive reports. You can now simply add a link to your interactive report to any balance sheet or P&L figure that will open the external file and allow you to view it onscreen and use this drill down functionality to make any necessary amendments without ever needing to leave the report. This gives you an end to end paperless review process with full work paper file referencing and access.

e-Checklist Improvements

Our Personal Tax e-Checklists have been enhanced so that they now include any current year data that has been entered into Personal Tax, so that you are not asking clients for information you already know about. There is also now an option to send a reminder email direct from Personal Tax to your client to let them know that their checklist still needs to be completed. 

Enhanced client filtering

Our IRIS OpenPortal client search now includes additional filters to show all clients, just the clients registered for a specific product or those that are unregistered; enabling you to select your preferred view making it easier than ever to find the desired client. Our Client Browser now also includes these new filtering options to further improve efficiency. We have also added new settings to select your practice wide default client display filters for both the Client Browser and Client Dashboard ensuring you get your preferred view every time.