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Click the 
icon to see the answer:
Can I early adopt FRS101 & 102
for Limited Companies, LLP’s & Charities?
From version 11.7, IRIS will support early adoption of FRS101 and FRS102
for periods beginning before 1 January 2015 for Limited Companies and
Limited Liability Partnerships.
However, It will not be possible to early adopt FRS102 for Charities because
the regulations have not yet been released by the charities commission.
What is interactive reporting in Accounts
Production?
IRIS Interactive Reports provide you with a complete workflow for viewing,
editing and finalising your accounts.
Interactive Reports not only allow you to edit every aspect of your final
accounts directly from the on screen preview providing instant access
to change client details, account descriptions, disclosures, and notes
as well as allowing you to add, amend or cancel postings.
Now you can preview the printout on screen, generate the output file as
either a PDF or Microsoft Word document, finalise the accounts and access
the iXBRL tagged versions from our single click toolbar.
On top of this we now automatically post the closing balance of any posting
adjustments to the suspense account.
These enhancements will speed up the review and creation of final accounts
giving you everything you need as part of your standard workflow.
Note: This option is not currently
available for Charities/Academies, Groups and clients which have been
set up on a discontinued chart, for example, IRIS Chart.
For more information click here.
What enhancements have been made to
the Interactive report in v11.7?
You can now preview the printout on screen, generate the output file
as either a PDF or Microsoft Word document.
In addition to this we now automatically post the closing balance of any
posting adjustments to the suspense account.
Click here
for more information.
There has been a significant change
from the existing UK GAAP to the disclosure of commitments under operating
leases.
Previously under UK GAAP, the requirement was to disclose annual commitments
analysed between those leases expiring within one year, between two and
five years and after more than five years.
To enter this information within IRIS Accounts Production please select,
Edit | Data
Screens | Notes to Financial Statements
| Balance Sheet Items | Hire Purchase Contracts and Leases |
Operating Lease Commitments
How do I clear tag errors within iXBRL
accounts?
To resolve this uers can either clear the mapping or change the concept
label.
For more information click on the following link IXBRL
Validation Errors.
How do I turn off the spell check for
the narrative field in the posting screen?
The spell check can be turned off for each user via Setup
| Posting Screen Options, select
the option Spell checker off.
Why do my reports only include certain
postings, for example, only the bank account postings?
The most likely reason is that more than one post file has been created
for the year.
When IRIS runs the reports it can only look at one post file for each year.
If you have posted the figures for one year/period into several post files,
the post files can all be imported into one.
Select the post file you wish to import in TO,
select Posting | Post
From the posting screen select Posting
extras | Import postings
| Posting entry
Click OK on the next screen as
you are importing from the same business.
IRIS will display the post files for this business, select the post file
you wish to import FROM and click
OK, then No
map and OK again to import
all the postings in the post file.
Repeat until all post files for the year have been imported into one.
IRIS does not move the postings it just copies them, you may wish to delete
the unwanted post files when they have all been imported successfully.
How do I generate opening balances?
Select or create the post file you wish to generate opening balances in
TO, select Posting
| Post
If no postings have been made in the post file, IRIS will display the Specify posting batch screen which
by default will show document type 1 for Opening balances.
If postings have been made, select Batch
control then New. IRIS
will display the Specify posting batch
screen. Enter 1 in the Document type field and click OK.
IRIS will ask you to confirm that you wish to Generate opening balances,
click Yes, select the post file
you wish to generate the opening balances from and select OBL From.
Is it possible to re run opening balances?
The opening balance routine can be run as many times as is necessary.
Select the post file you wish to generate opening balances in TO,
select Posting | Post
From the posting screen select Batch control
then New.
IRIS will display the Specify posting
batch screen enter 1 in the Document type field and click OK.
IRIS will ask you to confirm that you wish to Generate opening balances,
click Yes, select the post file
you wish to generate the opening balances FROM
and select OBL From.
IRIS will inform you that OBL has already been performed, and ask if you
wish to cancel the previous opening balance postings, click Yes.
IRIS will cancel the previous opening balance postings and generate the
new postings.
How do I change account descriptions?
Account descriptions can either be changed at client level (for one client
only) or at chart level (for all clients using a specific chart).
Client level - Select Edit | Specific account descriptions
Chart level - You will need to be logged in as MASTER, select Setup
| Accounts chart | Amend
chart, select the chart you wish to change, Account
description, type and settings,
enter the account number you wish to change and click OK.
How do I print a chart of accounts?
You will need to have Adobe Acrobat installed on your computer.
Select Help | Help
topics | Chart of Accounts,
select the chart you wish to print.
How do I delete a post file?
You will need to be logged in as MASTER.
Select Posting | Post
File Maintenance, highlight the client you wish to delete the post
file from and select Entries.
Highlight the post file you wish to delete and click Delete.
IRIS will ask you to confirm that you wish to delete the post file, click
Yes.
How do I change the date / description
on a post file?
Select Posting | Post
File Maintenance, highlight the client you wish to change and select
Entries.
Highlight the post file you wish to change and click Change.
To change the description, just type the required description and click
OK to save.
To change the period end date, click the magnifying glass in the period
end date field, IRIS will display a list of account period end dates,
if the date you wish to change TO is listed, select the date and click
OK.
If the date is not listed click Change
if a date was entered incorrectly or the account period has been extended
or shortened, or Add and enter
the required date.
Select the required date and click OK
to save.
How do I show the auditors / accountants name and address on the fly sheet? Click here.
How do I change the position of the wording on the fly sheet? Click here.
Where do I enter the auditors / accountants
name and address?
Select Client | View.
Click on the Accountant or Auditor option at the bottom of
the Basic tab.
Click the magnifying glass to display a list of accountants/auditors already
set-up on the system and then click New
to set up a new address.
How do I print a set of accounts for
last year?
Select Reports | Annual,
complete the report output screen with details of where you wish to send
the report to.
Enter the mnemonic of the report you wish to generate in the Report/Document
field that is, PSA or LTD.
IRIS completes the lower half of the screen automatically with the post
file entry for the most recent periods.
Click the magnifying glass in the Current
field, IRIS will display the post file entries for this client, select
the post file entry you wish to generate the accounts for, complete the
Last and Year
before last fields accordingly.
If you do not have a comparative post file entry leave the field blank
as shown below.
How do I post the transfer of HP assets
to ownership?
When using the Standard charts:
Where the hire purchase agreement for an asset has been completed and the
asset is to be transferred to the owned group make the following adjustments,
an example for motor vehicles is given:
Debit, Owned asset cost account, for example, 536,
with original cost
Credit, Leased asset cost account, for example, 566,
with original cost
Debit, Leased asset accumulated depreciation account, for example, 569, with accumulated depreciation
Credit, Owned asset depreciation account, for example, 539,
with accumulated depreciation
When using the Enhanced charts:
Where the hire purchase agreement for an asset has been completed and the
asset is to be transferred to the owned group make the following adjustments,
an example for motor vehicles is given:
Debit, for example, 525/9, with
original cost.
Credit, for example, 525/59, with
original cost.
Debit, for example, 525/79, with
accumulated depreciation.
Credit, for example, 525/29, with
accumulated depreciation.
I have set up a person as a director/partner
in the wrong business, how do I delete them from this business only?
You will need to be logged in as the master user.
Select the business you wish to remove the person from, select Edit
| Directors/Partner/Proprietor
and so on, IRIS will display a list of the Client Involvements for the
business.
Highlight the person you wish to remove and click View.
IRIS will display the persons involvement details, to remove this persons
involvement in the selected business click Delete.
How do I password protect a client?
To set up a confidential client, you will need to be logged into IRIS as
the MASTER user.
You should then go to Client |
View | Basic,
and then click Advanced at the
bottom of the basic details screen.
Click Confidentiality and enter
the required password.
How do I change the font?
Select Reports. Select the Required
report option from the drop-down menu.
The Report Output screen appears, click Group
Setup.
Highlight Final, then select Change settings to set the font
to be used throughout the report.
If different sections of the report are to be a different size or font
type, select Advanced Settings
and select from the Text Type
to set the font for titles, footers, comparative figures and so on.
This sets the default font for all clients and all reports.
For help when setting up fonts click the question mark (?)
within the screen at any time.
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