IRIS and FRS 102

IRIS and FRS 102

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Good morning (well I hope it is for some of you),

As a practice we used IRIS accountancy software and I have an issue in respect of FRS 102 implementation.

I have created a nominal code in order to post the 2015 revaluation surplus on an investment property, however I feel that I should be using a 'ready made' code as it were. This is because I get an exception warning that reminds me that the 'Other Comprehensive Income data screen has not been completed.

Does anyone know if there is a standard nominal code for revaluation surplus' and deficits and if so what is it?

Any help would be greatly appreciated as the assistance I have had from IRIS so far has been poor, despite the cost of their product.

Regards,

Liam

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By Bells777
27th Aug 2016 19:33

Hi Laim,

Did you get an answer to this as I am having the same problem?

Thanks You

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