Importing from Sage Accounts Production

To import details from Sage Accounts Production to Sage Corporation Tax:

  1. Open Sage Accounts Production and from the Tools menu, choose Export > Tax export > Corporation Tax.

    2. Note: If this is the first time you've exported from Sage AP, you will be prompted to set Sage Corporation Tax as your default tax software.

  2. You will be asked if you want to view or edit the data mappings to Sage Corporation Tax.
    • If you click Mappings, the Sage Corporation Tax mappings page appears and you can edit mappings as required.
    • Alternatively, click Export to begin the export.

    3. The Sage Corporation Tax Link Import Wizard appears.

  3. Click Next. Choose to import the data to Sage Corporation Tax.
  4. Click Next. Set your date options as shown on the wizard, and choose if you want your Sage Corporation Tax client to have the same client reference as in Sage AP.
  5. Click Next. Choose the level of analysis required by ticking the relevant options.
  6. Click Next. The export is complete. Click Finish to prepare the file for importing into Sage Corporation Tax.
  7. Sage Corporation Tax will open,
  8. If this is the first time that you have imported data from Sage Accounts Production for this company, then you will see on My dashboard that there is accounts information ready to import. If you have previously imported data from Sage Accounts Production for this company, then go to Client dashboard, where you will see that there is accounts information ready to import.. Click Import now

  9. If this is the first time that you have imported data from Sage Accounts Production for this company, then you will be prompted to set up an activity into which the data will be imported.

  10. The Import window with Auto disallow option opens. Tick Auto disallow to automatically disallow in the P&L account the following:

    • Depreciation of tangible fixed assets
    • Impairment and/or reversal of impairment losses of tangible fixed assets
    • Profit and/or loss on disposal of tangible fixed assets
    • Profit and/or loss on disposal of fixed and/ or current asset investments
    • Amortisation of grants relating to fixed assets.

    11. The disallowed amounts may be amended or reversed in the P&L account..

    If the company has multiple activities, then the import window will require you to select a default activity, to which the disallowed amounts will be associated.

  11. Open the newly imported company from the Company Details list.

    12.