Accounts

Assign codes to new related party categories

After you update FRS 102 to version 9, you may find that the creditors note is out of balance and does not show the related party balances. This is because in version 9 we introduced the following categories to the Account Assignment structure for better handling of the related party balances:
  • CL 1 3 1 – Amounts owed to group undertakings and undertakings in which the company has a participating interest
  • CL 1 3 2 – Other related parties
    .
  1. Select the
    Import/Account Assignment
     tab.
  2. Select
    Account Assignment (Master) Maintenance
    .
  3. Select
    Display
    , then
    Display Category Code
    .
  4. In the Category Structure, expand
    Balance
    ,
    Liabilities
    ,
    CL – Current Liabilities
    , and
    CL 1 3 – Amounts due to related parties
    .
  5. Drag and drop codes
    687.00
     to
    689.00
     from
    CL 1 3
     to
    CL 1 3 1
    .
  6. Drag and drop codes
    830.00
     to
    839.00
     from
    CL 1 3
     to
    CL 1 3 2
    .
  7. Select
    OK
    .
  8. If you've done this in your master template entity, publish the changes and update your clients.

This article applies to:

  • Product: Digita Accounts Production Advanced
  • Subject: Account grouping, Reports

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