Goodwill Accounting Policy

This client screen is used for Limited Companies.

It can be found in:

Edit | Data Screens | Notes to Financial Statements | Accounting Policies | Standard Accounting Policies | Goodwill

If the standard goodwill accounting policy is being used and the goodwill is being written off over a number of years enter the year of acquisition and the write off period on this screen to complete the policy.

This policy will only be generated if postings have been made to accounts:

• 502 (sub-accounts) if using the ELTD chart
• 578 to 583 if using the IRIS chart

Reports

Use this option to view or print any report without leaving this screen.

IRIS will return to the Goodwill screen when you exit the report option.

To view the notes only enter NOT in the Report/Document field.

This screen will be displayed automatically during the auto-pilot routine.