To access this screen select Edit, Posting and click on the + next to Expenses disallowed to display the posting methods. Highlight the posting method you wish to use and select Insert.
The posting screen can also be accessed 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.
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.
Postings to this screen are for expenses which are not allowable within the Trade computation and will be added 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.
Do not include postings for the following items as they are dealt with automatically by Business Tax.
loss on sale of fixed assets
depreciation
There are three alternative ways to disallow an amount:
Depreciation and/or profit/loss on the disposal of fixed assets should not be entered here as Business Tax adjusts for these automatically.
If a posting should not be time apportioned between CTAPs indicating that the posting date should be used will ensure that the posting is allocated into the CTAP that includes the posting date.