Shane McLoughlin
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Recent activity by Shane McLoughlin-
What Entity Types Are Available in Bright Accounts Production?
When creating a dataset in Bright Accounts Production, you can select from the following entity types:Company Limited By SharesCompany Limited By GuaranteeSole TraderPartnershipIndividualFarmerFarm...
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How to Post to One Nominal but Show the Balance Under a Different Nominal Group in Produced Accounts
To achieve this, you need to adjust the Reporting Code assigned to the nominal. This controls where the balance will appear in your financial statements without changing the original nominal or rep...
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How to Include Specific Notes (Controlling Party, Parent Company, Operating Lease Commitments)
In Bright Accounts Production, notes cannot be manually forced to appear or hidden. Instead, notes are automatically triggered based on the following:Nominal Reporting Groups:If you post balances o...
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How to Add Principal Activity Note
If the Principal Activity you entered for a company is not appearing in the Directors’ Report or the financial statement notes, follow these steps to add it correctly:Go to Compliance in Bright Acc...
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How Do I Remove the “Trading As” (T/A) Name from Sole Trader Accounts?
To stop the T/A name from appearing in the final accounts for a sole trader, follow these steps:Go to ComplianceNavigate to Dates and Disclosure OptionsClick on Accounts Disclosure ParametersUntick...
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How Do I Remove the Audit Report, Add Multiple Share Classes, and Update Principal Activity?
1. Remove the Audit ReportIf your client is not audited, you can remove the audit report from the financial statements by ensuring the company is marked as audit exempt:Go to Compliance Database > ...
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Can I Exclude a Note from the Financial Statements?
No, individual notes cannot be manually excluded in Bright Accounts Production.Notes are automatically triggered by postings to specific nominal codes that belong to designated reporting groups. If...
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Year End Carry Forded Balances Query
I’ve imported a client from Relate into Bright, but I can’t see the option to roll forward balances for year-end. What should I do?If you're not seeing the option to roll forward balances after imp...
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Unable To Year End Due to Temporary Journal
How to Resolve:Go to Nominal Ledger > Journal.Look for any journal entries highlighted in red – these are temporary (incomplete) journals.Open the red journal:If it’s no longer needed, simply delet...
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Removing the ‘Departure from Companies Act 2014 Presentation’ Note
How can I remove the “Departure from Companies Act 2014 Presentation” note from the Financial Statements?If you're seeing the “Departure from Companies Act 2014 Presentation” note in the financial ...