Welcome to this quick guide on how to create Dormant Accounts. This guide will walk you through the essential steps.
Dormant Accounts
Navigation: Accounts Production > Client Specific > Settings > Company Information
To create dormant accounts, first navigate to the Accounts Production module and select the client you wish to create dormant accounts for.
Once you are in the client area, go to Settings and select Company Information.
Scroll down the page and click Edit. Under Trading Status, change the status from Trading to Dormant, then click Save.
Once the trading status has been updated, generate the annual accounts as normal. The system will automatically generate the accounts as Dormant Accounts.