Overview                                                  
What you need to know
System requirements 
Upgrades
Version history

Getting started
Introduction
Setting up a new client
Creating your first accounts - step by step        
Final accounts production checklist
Console toolbar

Using First Choice Final Accounts    
Chart of accounts
Accounts description file
Special account codes
Posting file data entry
Transferring opening balances
Importing trial balances
Using the client data screens
Printing the final accounts
Using Quick View/print
Dealing with fixed assets
Creating/filing accounts for Companies House

Other Topics
Periods of accounts and comparatives
Final accounts creation options
Cashflow statements for limited companies
Final accounts validation
HMRC Live validation
The trial balance import wizard
How the software handles iXBRL
The iXBRL viewer
Submitting accounts to HMRC and Companies House
Exporting self assessment data to tax packages
The Clients directory screen
Installing import conversion files
Final accounts formatting options               
Limited Company abbreviated accounts                                                                     
                                                                         

Software validation
First Choice Final Accounts carries out automatic logic tests, formatting checks and iXBRL validation checks (Limited companies only) at all stages of the final accounts creation process and reports any errors to the user. These include:

• 'Out of balance' tests
• Closing/Opening balance reconciliation
• Misposting tests
• Cash flow statement imbalances*
• Reconciliation of monetary values in the Notes to the trial balance**
• Missing or 'NOT ENTERED' textual data*
• Untagged line data*
• Missing mandatory data and tags*

* Limited companies only
**Partnerships & Limited companies

HMRC live iXBRL validation (Limited companies)
Although software validation will usually produce a valid iXBRL accounts file that will be accepted by HMRC when attached to your CT600 filing, you may wish to pre-validate the iXBRL instance prior to submission by using the HMRC live validation service. This option is available from the Accounts Validation Report screen. It processes and checks the accounts in exactly the same way as that for a full CT600 submission, but does not record it to HMRC's backend system. Any errors are reported to the user, otherwise a success response is received. 

See also How the software handles iXBRL
See also HMRC live validation