Business Tax- Partnership profit share but % split is incorrect
Article ID
business-tax-partnership-profit-share-but-split-is-incorrect
Article Name
Business Tax- Partnership profit share but % split is incorrect
Created Date
24th May 2024
Product
Problem
IRIS Business Tax- Partnership profit share but % split is incorrect on the reports etc
Resolution
1.Load the client in Business tax and select relevant period:
2. Go to: Trades-Partnerships
3. Overwrite leave alone-If this box says No Leave alone then select Yes Overwrite and press Ok.
4. Run the tax comp/return and check the figures.
5. If the comp/return figures still do not agree, please go back to Trades-Partnerships-Overwrite leave alone-Press No Leave Alone, then Trades-Partnerships-Override return Totals – Choose the period – Click the override box and amend the amounts.
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