FRS 105: How to Include a Detailed Profit and Loss Account
If you are using FRS 105 'Full accounts' and would like to include a 'Detailed Profit and Loss Account' in your annual accounts report, you can easily do so by following these steps:
1. Navigate to the Accounts Production module.
2. Select Client Specific from the menu.
3. Click on Reports, then Annual Accounts.
4. In the Report Settings, look for the option labelled 'Detailed Income Statement'.
5. Check the box next to 'Detailed Income Statement' to include the detailed profit and loss account in your report.
Once you have completed these steps, don't forget to regenerate the accounts report to ensure that the changes take effect.
If you encounter any difficulties or have any questions about including the detailed profit and loss account for FRS 105, please don't hesitate to reach out to our customer support team. We are here to assist you and ensure that you have a smooth and successful experience with our software.
We hope this information helps you make the most of your FRS 105 'Full accounts' and that you find the inclusion of the detailed profit and loss account beneficial for your reporting needs. Thank you for choosing our software, and please let us know if there is anything else we can do to support you.