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Personal Tax- Farmers Averaging 'Use IRIS Figures' and PT crash

Article ID

personal-tax-farmers-averaging-use-iris-figures-and-pt-crash

Article Name

Personal Tax- Farmers Averaging 'Use IRIS Figures' and PT crash

Created Date

10th October 2023

Product

IRIS Personal Tax

Problem

IRIS Personal Tax- Farmers Averaging 'Use IRIS Figures' and PT crash

Resolution

This issue has been confirmed as a DEFECT in IRIS Version 23.3.0 and fixed when you update to IRIS Version 23.3.1.45.

Also find the workaround below to resolve your issue if you do not want to update ton 23.3.1.45: –

  • Go to Personal Tax
  • Go to Trade, Profession or Vocation | Sole Trade or Partnership
  • Double click on the Accounting Period 05/04/2023
  • Trading Income Tab
  • ‘Adjustment for Farmers’ or Creative Averaging’ – manually enter the figure in the box.

PLEASE NOTE: DO NOT revert the version back to 23.2.0, as this will cause discrepancies.

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