Revise completed accounts

Product subscription required: IRIS Elements Accounts Production Professional or IRIS Elements Accounts Production Enterprise

You can revise completed accounts for limited companies and Limited Liability Partnership (LLP) accounts. You can then file the revised accounts as a supplementary note.

To revise completed accounts:

1. From the Clients menu, select Clients list.
2. Change the client list view to either Active clients or a custom view that includes all relevant clients and select the client you need.

If any of the entries are greyed out and you cannot select them, this is a restricted item — the parent client record has been set to Private and you do not have access. If you believe this is a mistake, contact your IRIS Elements administrator. Users who have Administrator level permissions are able to view all public and private client records, even those where they are not named as assigned users.

Make sure to download a copy of the current accounts before you revise them.

3. From the Accounts Production widget on the Dashboard, select the vertical ellipses for the relevant accounting period, then Revise accounts.
4. Select Continue on the confirmation.
5. Complete the revision as required.

   You can edit the accounts while they are being revised, however, completed revised accounts can only be viewed.

6. In Accounts Builder, add a Supplementary note to file with the revised accounts. Make sure your note is dated.
7. When you're happy with the revision, send the accounts for approvals.
8. Once approved, go to the Approvals tab and add the relevant signatures for the revision and supplementary note.
9. Submit the accounts.

Accounts that are either currently being revised or have been revised are marked with an R in the Accounts Production client widget.

If you revise accounts by mistake, a user with the Manager role can remove accounts from revised with a supplementary note.

Remove accounts from revised

Only users with the Manager role can remove accounts from revised.

To remove accounts from revised, select the vertical ellipses for the period, then select Remove from revised. The revised status and supplementary note are removed, and the period is returned to Completed. The trial balance and source data are not affected.

When you remove accounts from revised, the Accountant's signature date stays as the revised date.

Remove from revised is available for accounts prepared under FRS 102 Section 1A or FRS 102 (full), including group accounts.

If you have already submitted the revised accounts to Companies House or HMRC, removing them from revised creates a difference between IRIS Elements and the accounts you filed.

For group accounts, remove the parent period from revised first, then remove each revised subsidiary individually.