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Business Tax- screens are greyed out after entering Multiple Trades

Article ID

ias-10393

Article Name

Business Tax- screens are greyed out after entering Multiple Trades

Created Date

5th April 2012

Product

IRIS Business Tax

Problem

IRIS Business Tax- When using the new Multiple Trade (multi trade) feature, all screens are greyed out after entering details in the Trade Maintenance screen.

Resolution

Load the company in BT and you should get a warning stating trade allocation has not been made.

1. Select Edit | Multiple Trades | Business Tax Allocation.

2. The Profit/Loss needs to be allocated between the trades in this screen before any other entries can be made in Business Tax.

If you do not do this: then it will also affect other sections of BT – like R&D SME and boxes L166 and L168 not being populated

If you set up multiple trades in BT – it cannot be reversed i.e there is no option to switch this off.

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