Year update
Year updating allows you to extend the range of tax years and overwrite an existing tax year for the currently selected client. Certain details that you have entered are carried forwards or backwards into the year e.g. the Name, Account number and Branch address of a Bank/Building society.
Updating carries these details forwards or backwards for all data entry forms that you have entered information in. Generally figures and amounts are not updated because they only apply to a particular tax year e.g. the client's bank interest details.
To year update a client's data:
- From the Tools menu, choose Year Update. The Year Update window appears. Show me:
- Select the year to update from. You can update from any available year, but if you choose to update to an existing year; data will be overwritten. You will be warned if you try to do this.
- If you are year updating to the current tax year and you want to mark the figures as estimated in the new year, tick the box.
- Click OK. Your client's data will be carried forward or back, depending on your choice. A message will appear when the update is complete.
- The new year will now be available in the Annual Data Navigator in the year drop-down list.
