startOfficers - sole traders
How To

Officers - sole traders

CCH IFirm Accounts Production
Last update: Reading time 2 minutes
OfficersSole Trader Entity Type
    The Officers area for a sole trader allows you to maintain the officer(s) of the business including dates of appointment/termination, and signatories of the accounts.

    Profit share close off account

    Select the profit share close off account here.  The information button gives on screen guidance.

    iFirm-Accounts_Production_Data-Entry_Officers_1.png

    Important! you must select a balance sheet code in the Profit share close off account box, you will not be able to perform a year end if this is blank.

    Officer details

    Editing an officer's name

    To edit the name of the existing officer, click on the name to be edited, this will open a window allowing you to edit. 

    iFirm-Accounts_Production_Data-Entry_Officers_2.png

    The fields Gender and Last name must be populated as depicted by the red asterisk. Once complete, Click to Save or Cancel.

    clipboard_ec088aad0ad6c2e6ab1127fbea4c9607f.png

    Dates / Status / Signatories

    iFirm-Accounts_Production_Data-Entry_Officers_4.png

    Dates / Status

    If the officer has been appointed or has left during the period/year, enter the relevant dates.  If the officer is no longer acting, change the status by clicking on the drop down and selecting from the list.

    Signing the accounts

    Tick the box under the "Signatories" column to have the name of the person signing feed through to the accounts.

    Removing an officer 

    If an officer has been added in error, to permanently remove click on the waste bin iFirm-Accounts_Production_Delete-Icon.png icon in the end column - a warning will be displayed asking for confirmation.

    If an officer is terminating their position, they should not be deleted but the End date entered as shown above.

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