I am about to complete my first company tax return for corporation tax so I have to make 2 returns for 2 accounting dates.
I fall within the micro-entity provisions so I just need to produce figures from the balance sheet only.
I need to produce one set of balance sheet figures from 20th Sept 2013 to 19th Sept 2014 and another from 20th Sept 2014 to 30th Sept 2014.
The balance sheet report doesn’t have a from-date but there is a field for a comparative date so I was planning to produce one report using 19th sept 2014 as the date to give me the figures for the first return then another using 30th sept 2014 as the date again with 19th sept 2014 as the comparative date and subtract the comparative figures from the 30th figures
…does this sound the right way to do it?
many thanks for continuing to maintain such an excellent piece of software and for keeping the desktop edition free - I am happily planning to pay for the cloud edition as I start making enough turnover.