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I have entered my profit figure into update profits, but this has doubled/increa

Article ID

ias-12555

Article Name

I have entered my profit figure into update profits, but this has doubled/increa

Created Date

13th September 2017

Product

IRIS Business Tax

Problem

I have entered my profit figure into update profits, but this has doubled/increased my profit.

Resolution

When entering a new profit figure into edit | update profits, please remember to select zero values first, so that the profit figure returns to 0. Then enter the profit in turnover and expenses fields as required to reach the correct profit figure. If you then need to adjust this profit figure, then enter as follows To increase the profit – enter figure in turnover To decrease the profit – enter figure in expenses

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