To access this screen select Edit, Posting. Click on Disallowed Expense Accounts on the left of the screen and then click Insert.
A disallowed expense posting may also be made via the Data entry screens by using the Edit buttons next to:
Box 3 Trading Profits on the Income screen.
Box 122 Trading losses on the Losses deficits and excess amounts screen.
This option allows the user to disallow nominated Accounts Production expense accounts within the tax computation.
Due to changes to online filing and tax computation reporting requirements, any postings made to this category must have an appropriate iXBRL tag selected from the list of available expense types in the drop down list.
The disallowed expense account postings are deducted in the calculation of the Trade Profit/Loss.
For long periods postings are time apportioned and used to adjust the Trade Profit/Loss unless the user indicates that the posting date should be used.
Depreciation and/or profit/loss on the disposal of fixed assets should not be entered here as Business Tax adjusts for these automatically.
To add a posting select Insert. A panel allows you to enter the account number of the posting you wish to disallow.
If you do not know the number of the account click on the magnifying glass next to the account number field to list of all the Accounts Production accounts for that client which hold balances.
Highlight the posting you want to remove and select the Delete button.