Coming soon in IRIS Elements
Learn about new features that we're working on.
Jump to: IRIS Elements Accounts Production | IRIS Elements Business Review | IRIS Elements Tax
IRIS Elements Accounts Production
Coming soon for all subscription editions:
- Accounts Builder improvements
- Following customer feedback, we are redesigning the navigation of the data screens (currently known as sections). This will speed up access to the specific screen required.
- FRS 102 s1a improvements — We are also increasing the amount of configurable note disclosure for FRS 102 s1a. A full list will be made available at the time of release.
Product subscription required: IRIS Elements Accounts Production (any level)
Coming soon for IRIS Elements Accounts Production Professional only:
- Journals improvements — We are increasing the number of journal adjustments from 50 to 200 entries.
Product subscription required: IRIS Elements Accounts Production Professional
IRIS Elements Business Review
We are excited to announce we will be launching a new product — the IRIS Elements Business Review. This will help small business owners to improve their client's financial health, and proactively identify issues before they become problematic.
IRIS Elements Business Review takes the form of a dashboard with Key Performance Indicators (KPIs) that can be tailored to your client's requirements:
- Revenue and Cost (for the current month)
- Bank Balance (for the current month)
- Debtors and Creditors (for the current month)
- Margins and Ratios (for the current month)
These KPIs will display statuses of No Concern in green and Concern in red.
The initial launch will integrate with Xero, with more integrations to come.
IRIS Elements Tax
Coming soon for all subscription editions and IRIS Elements Tax and Accounts:
- Practice roles integrations — This enhancement will integrate the practice roles functionality, so you'll only see the clients that are assigned to you. This will reduce clutter and improve visibility.
- Create links between partnerships and trusts when creating SA800 tax returns — When creating a tax return for trusts, the Partnership section will be automatically created and populated.
- Automatically attach accounts — Customers who also subscribe to IRIS Elements Accounts Production will be able to attach client accounts to relevant tax returns.
Product subscription required: IRIS Elements Tax (any level) or IRIS Elements Tax and Accounts
Coming soon for IRIS Elements Tax Professional only as well as IRIS Elements Tax and Accounts:
- Automatic AIA calculations — To alleviate the administrative challenges associated with completing a tax return, where assets have been identified as qualifying for AIA, the system will automatically compute the applicable AIA amount and populate the tax return, streamlining the entire process.
Product subscription required: IRIS Elements Tax Professional or IRIS Elements Tax and Accounts.
Coming soon for IRIS Elements Tax Enterprise only
- Ability to declare corporation tax on restitution interest — A new section in the Data Entry tab for corporation tax returns will be made available to Enterprise subscribers to populate the CT600(K) form.
Product subscription required: IRIS Elements Tax Enterprise