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How to enter Incidental Costs

Article ID
ias-3026
Article Name
How to enter Incidental Costs
Created Date
2nd November 2006
Product
IRIS Personal Tax
Problem
Where do I enter a cost of disposal, also known as an incidental cost?
Resolution
Users are required to: 1. Log on to IRIS and select the client. 2. From the Edit menu, select Capital Assets. 3. If an asset has been disposed of click the Assets option on the left, click on the disposed asset on the right and then click Dispose. 4. Disposal costs can be entered into Incidental Costs. 5. If shares have been disposed of click the Share Holdings option on the left, click on the share holding on the right and then click Events. 6. Click on the disposal then click on Edit, enter the cost of disposal into Costs.

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