Lesson 1D - Setting up a Beneficiary

Beneficiaries have to be linked to the Trust so that Payments of Income may be entered.

  1. To set up a Beneficiary click the blue magnifying glass next to the client id and click View

  2. Click onto the Related tab and then click Involvements  This should display the Trustees, Settlors and Beneficiaries' tabs

  3. Click on the Beneficiaries' tab and then click New

  4. Click the blue magnifying glass next to the 'Client' box

  5. Click the New button on the right hand side of the screen

  6. At the New Person screen, leave the radio button in the "create a new client to be added to the IRIS database" and click Next

  7. Enter the following details:

    Surname

    Smith

    Title

    Mr

    Forenames

    Peter Thomas

    Address

    90 Melrose Avenue

    Town

    Maidenhead

    County

    Berks

    Postcode

    sl6 9at

    Phone

    01628 678542

  1. Ensure that all details have been input precisely before your select Next to continue

  2. Ignore the client group and client category for this example.  Click Next to continue

  3. Check the details on the summary screen and ensure that they are correct.  Click Finish to continue

  4. Enter the identifier SMITH-01 and click Ok to continue  

  5. Click OK on the New Client screen and Cancel on the Automail request letter screen (if prompted)

  6. Close the IRIS Personal Tax client screen, highlight Mr Smith and click Select

  7. Click OK and Close to finish.

  8. Click Close on all other screens so that the main Trust Tax screen is displayed once more

The initials are entered automatically, based on the forenames.  The sex of the client is determined from the title, e.g. Mr = Male, Mrs = Female etc.  Where a title could represent either sex, e.g. Dr., the sex field is left blank.  
The county name is entered in full from the abbreviation.  The postcode is automatically converted to capital letters.

 

Lesson 2 - Create Tax Return data