Branches - Enhanced Charts

Introduction

This facility allows for the production of more than one Trading profit and loss account within one business. The facility is available to Sole traders, Partnerships, LLP's and Limited companies using the enhanced charts.

1. To create the branches, select Edit | Branches

2. Click New and enter the details of the branch. The branch name displays within the heading of the individual branches trading and profit and loss account and on the contents page. The branch details can be amended and deleted as necessary.

3. The postings can now be made. Follow the usual posting routine but select the branch id for each posting.

4. Once the postings have been made, specify the type of report to be generated by selecting Edit | Data Screens | Branches - Full Sets (or if doing Branches for a Limited Company, go to Edit | Data Screens | Non-Statutory Profit and Loss Account | Branches - Full Sets).
   
   This screen allows the user to specify whether a Trading profit and loss account will be generated for each trade or branch or one showing overall totals only. A third option can be selected producing a Trading profit and loss account for each sub account in the range and then overall totals.

5. Finally select Reports | Annual from the menu bar to run the reports as usual. The standard reports LTD, PSA or TPL, and so on, are still used.