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To access this report select Reports, Partner Profit Shares.
This report can be printed independently of the return. The report can also be printed as a schedule to the partnership return by selecting Trades | Partnerships | Data Entry | Trading and Professional Income | Additional Provisional Information and checking the “Tick to print profit share arrangements” box.
If the sharing ratio entered in Accounts Production is being used to calculate the profit share the report will show a break down of how the profit share was calculated for each different sharing ratio within the accounting period.
If the user has overwritten the Accounts Production profit share by making changes in the Review Shares screen in Business Tax the report will only show the table at the top of the report
If the user has used Override Return Totals the profit shares on the report will not agree to the Partnership Return and a warning to that effect will be printed on the report.