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The Business Tax Allocation option is only enabled if there are at least two active multiple trades setup in the Multiple Trade Maintenance screen.
1 Business Tax will validate if the postings from Accounts Production have been allocated in full within the Business Tax Allocation data screen, if there are any amounts unallocated the Menu options will be disabled.
2 All Profit & Loss account codes (account code 1 to 499) that have postings against them are listed here for the company, which must be allocated between each of the trades that have been setup in the Multiple Trade Maintenance option. This is a prerequisite task that must be carried out as Business Tax will require this in order to calculate the individual trade profit / (loss) totals.
a Allocate the amount for each account/description between the trades. It is possible to automatically allocate the balance of each account that has not been allocated in full to another trade by selecting the checkbox. The checkbox is the last item in the allocation table for the specific trade.
b By deselecting the option to automatically allocate the amount, the Reset Trade Allocation window will be displayed allowing you to reset the amount back to zero. By selecting Yes, any amounts for the trade (manual / automatic allocation entries) will be restored back to zero.
3 When selecting OK to the Business Tax allocation data screen additional validation will be carried out to ensure that the amount(s) have been allocated in full. Where entries are detected that have not been allocated in full, the Unallocated Amounts window will be displayed.
The amount(s) in the Unallocated Amounts window must be allocated in full before Business Tax will allow you to continue. If you select No and close the Unallocated Amounts window, the remaining Business Tax options will be disabled until the amount(s) have been allocated in full.