Trading losses incurred in the period
- Article ID
- ias-12128
- Article Name
- Trading losses incurred in the period
- Created Date
- 13th October 2015
- Product
- IRIS Business Tax
- Problem
- Where do I enter trading losses incurred in the period?
- Resolution
- Users will not have to make an entry within Business Tax to show the losses in the period as this is automatically picked up from Accounts Production or through the adjustments made in the Business Tax posting screen. If you are using Business Tax as a standalone for a Limited company from the Edit menu select Update Profits to enter a loss.
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