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Convert a Sole Trade to Business Tax Business when Not Integrated in Personal Tax

Before you convert a sole trade to a business tax business, you'll need to have a full 12-month accounting period for the client.
note
If you intend to convert the sole trade to a business tax business in preparation for a conversion to a partnership, you'll also need a full 12-month accounting period as a business tax business, so consider carefully which accounting period you need to convert.
  1. Select
    Edit
    , then
    Schedule Editor
    .
  2. Select
    Sole Trade
    , then
    Edit
    .
  3. Select the sole trade, then select
    Convert
    .
  4. Enter the first accounting period you want to process for the client as a business tax business.

This article applies to:

  • PRODUCT: Digita Personal Business and Trust Tax