IRIS Accounts Production FAQ

Make sure FRS settings are correct. Click here for further information.
Untick FRSSE [Small companies| FRSSE] in comparative and pre-comparative data screens.
For First year adoption share capital issued follow the KnowledgeBase article IAS-12233
IRIS caters for FRS101 & 102 accounts.
For more information, click here.
To find out how apply charities  SORP 2015 and Charities SORP  FRS 102 update Bulletin 1, refer to KnowledgeBase Article 12343
From version 16.3 which is available to download from our website, IRIS allows you to electronically file Limited Liability Partnerships ( LLP) accounts to Companies House. For more information please refer to KnowledgeBase Article 12344
For companies with years beginning on or after the 6th April 2008 the reserves movements including dividends no longer need to be shown on the face of the profit and loss account. Instead this information should be included within a reserves note.
For more information please refer to KnowledgeBase Article 12236
The heading ‘Governance costs’ no longer appears separately on the Statement of Financial Activities (SOFA). For more information please refer to KnowledgeBase Article 12235

A Interactive report overview can be found here
Instructions on how to use the interactive report can be found here
The new FRS taxonomy must be applied. To achieve this the accounts must be transitioned to one of the new accounting standards.
For more information please refer to KnowledgeBase Article 12345
An example on how to post a prior year adjustment can be found here.
Using version 16.3 you will be able to round your accounts to the millions.
For more information please refer to KnowledgeBase Article 12338