Changing the Contents of a Business Tax Accounts Category

Click here for more information about the Business Tax Accounts Option and what it does.

What do you want to do:

Change the accounts in a category

Treat accounts and sub accounts separately

Return to the defaults

Changing Accounts in a Category

Changes may be made:

• Globally via Setup, Business Tax Accounts and selecting an Account Chart

• For a specific client by selecting Edit, Business Tax Accounts.

Adding Accounts

1. Click on the category to be amended and select Edit.

2. Enter an account code in the add account code/sub account field and click Add.

3. If the account code is not known click on the add account code/sub account field magnifier and search for the relevant account code and click on OK. The account code can then be added.

Deleting Accounts

1. Click on the category to be amended and select Edit.

2. Highlight the account code to be removed and then click Delete.

Treating Accounts and Sub Accounts Separately

Usually when an account number is entered in the Business Tax Accounts option all balances on that account, whether they are to the main account or a sub account will be treated in the same way.

Users may require the balance on the main account number to be treated differently to the balance on the sub accounts.  For example:

Using the Treat accounts and sub accounts separately it is possible to make account 321 and 321/1 disallowed automatically but leave account 321/2 as allowable.

To use this facility ensure that the 'Treat accounts and sub account separately' box is ticked when entering the account numbers.

The following routines can be used to return to the defaults for a business for all categories or a specific category.

Reset to the default settings

Returning to the defaults for all categories:

1. Select Edit for client specific or Setup for chart changes.

2. For chart changes, select the appropriate chart

3. Click on Reset All.

4. An accounts message will appear advising how many specific Business Tax accounts were removed.

Returning to the defaults for a particular category:

1. The option is now accessed via Edit for client specific or Setup for chart changes.

2. For chart changes, select the appropriate chart

3. Highlight a particular category to be reset and select Reset Category.

4. A warning message will appear asking the user to confirm the reset for the particular category.