Knowledge Base Articles

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Knowledge Base

3023 articles

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What are the postings required when dealing with purchase of own shares?

Posting needs to be made using one of the Purchase of own shares codes under the Reserve Group, which are accounts 968-973. Purchase of own…

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How to remove cancelled posting from appearing in the Posting Screen?

On the Enhanced Charts within the posting screen, please tick box 'hide audit trail' on the bottom right.

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Trust Tax- How to change/enter the Capital Gains Annual Exemption

1. Log on to Trust Tax and select the trust. 2. From the Edit menu select Capital Assets. 3. From the Edit menu located to…

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How to amend maximum number of entries allowed on Spreadsheet view?

Select: Posting | Post From the posting screen select Display Posting then Spreadsheet Column Setup. This option allows you to change the information displayed in…

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Rounding difference relating to capital/current accounts

This usually occurs where Opening Balances have been generated by the Software. In the year of Posting, IRIS rounds expenses and Capital/Current Account movements (eg.…

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Rounding difference relating to retained profit – Enhanced chart

This usually occurs where Opening Balances have been generated by the system. In the year of posting, IRIS rounds each expense figure, then adds them…

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How do I deal with a Bad Debt?

The most effective posting is a Fees Write Off. This can be posted through Posting | Ad-hoc posting or as part of a batch. The…

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How is VAT treated on Fees Ledger Opening Balances?

Items posted through Posting | Opening Balances do not carry any VAT details. If you wish to have VAT on items, most commonly with cash-accounting,…

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Members missing from LLP, General Information page and Report of the Members

Only Designated Members are required to be shown To make a member a 'Designated member' select Edit | Partners Highlight the relevant partner and click…

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How can I stop information in a table following the format of the whole report?

To clear the above error, please follow the steps below: Highlight the column, right click and got to [Cell Properties] From the Cell Properties make…