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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
| | Final accounts production checklist
- Add a new posting file and select the appropriate template.
- Post the new period's data or import
an external trial balance or do both if necessary.
- Add or edit the client's standing
data if necessary. (Limited companies)
- Create the accounts having selected the options
required. (Check Export data to tax package if you are creating a
Self Assessment return at the same time)
- Correct any validation
errors.
- Pass the accounts through the HMRC live validation
service. (Limited companies)
- Save with 'FINAL' status (optional) and Print.
- Create accounts for Companies House, file
electronically or on paper. (Limited Companies only)
- For Limited companies the iXBRL file is stored
in the HMSoft\First Choice Final Accounts\ Accounts folder and can be
imported into your
Corporation Tax package when you are ready to submit the return to HMRC.
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