startOverview screen
How To

Overview screen

CCH IFirm Accounts Production
Last update: Reading time 3 minutes
Client Documents

    The Overview screen gives a summary of the Business details together with a section for Validations and a Financial overview.

    The Overview screen is the first screen you will see when accessing CCH iFirm Accounts Production and is divided into four areas:

    1. The side panel
    2. Overview
    3. Validations
    4. Financial overview
    iFirm-Accounts_Production_Data-Entry_Overview_1.png

    The side panel (1)

    The side panel appears on each screen allowing easy navigation between screens. A single mouse click will take you to your chosen area.

    Client name, code and accounting period

    At the top of the side panel is the client's name and code and the accounting period. 

    Where you see three vertical dots beside Accounting period, click on these dots to reveal options available, being to be able to create a prior period, perform the year-end or to delete the accounting period.

    CCH_iFirm_Accounts_Production_Data_Entry_Overview_2.png

     

    Create a prior period

    If you wish to create a prior period for your client, click on this option, a success message will briefly be displayed.

    If a prior period already exists, this option will be greyed out.

    Year-end

    To run the year-end click on this option, the following message will be displayed, make your choice to roll forward opening balances or not, the default is No.  Then click Continue to roll forward to the next accounting period, a success message will briefly be displayed or Cancel if you do not wish to proceed.


     

    iFirm-Accounts_Production_Data-Entry_Overview_3.png

    Delete Accounting period

    If you have created an accounting period in error, click on this option to delete, you will be asked to confirm, a success message will briefly be displayed, or click on No if you do not wish to proceed.

    iFirm-Accounts_Production_Data-Entry_Overview_4.png

    Overview of business details (2)

    This screen gives a summary of the business including validations and a financial overview.

    The top horizontal area displays the Business details, Entity type, Entity subtype, Accounting Framework. 

    Clicking on the Edit/View -> hyperlink will take you to the Settings and import screen, click on the hyperlink to the right to navigate to this screen: 
    Settings and import

    Validations (3)

    The Validations area displays errors, warnings and information, there is a search box and you can filter on the buttons: All, Errors, Warning, Information.

    To view/correct, click on the hyperlink under the message, e.g. Edit, the hyperlink wording will change depending on the error message being displayed.  Once you click on the hyperlink you will be prompted to answer a question or enter information.  The example below shows there are 4 warnings, the first being to enter the number of employees.

    clipboard_e11bf850c2224f489835ca5adb2fc59dc.png

    Clicking on Edit opens the box below where you can enter the number of employees, when completed click Save and the warning message will disappear.

    clipboard_ec7c154ad0ea6f581bd0e269cd4da9265.png


     

    Financial Overview (4)

    This area may be filtered by Profit and loss or Balance sheet and displays key figures from those primary statements together with either the net profit ratio (for the P&L overview) or the Liquidity ratio (for the Balance sheet overview).

    Depending on the view being displayed you are able to view the Profit and loss statement or the Balance sheet statement by clicking on the hyperlink.

    iFirm-Accounts_Production_Data-Entry_Overview_7.png

    Related documents

    Logging into CCH iFirm Accounts Production
    This document outlines the steps required for CCH Central employees to access CCH iFirm Accounts Production. Users must first be invited by their organisation's CCH iFirm admin and ensure they have both CCH Central and CCH iFirm logins. The document provides instructions for selecting a client, logging into CCH iFirm Accounts Production, and emphasizes the importance of keeping the login screen open after successful access. Additionally, it includes links for further assistance with client migration and organizing management.
    Migrating your existing clients to CCH iFirm Accounts Production
    This document outlines the steps for migrating accounting data to CCH iFirm Accounts Production. It begins by instructing users to select a client from CCH Central and check if their data is already migrated. Key prerequisites include ensuring that the CCH iFirm Console is running and confirming .NET runtime installation. Users are then guided through the migration process by clicking the appropriate button and confirming the migration. Once complete, the client’s accounting status is updated, and visual indicators are provided. Lastly, it includes information on reverting back to the on-premise version of the software.
    Tax Data
    Transfer reviewed tax data directly into Personal Tax returns, reducing duplicate entry and ensuring consistency between accounts and tax information.
    Officers - partnerships (unincorporated)
    Guidance on how to maintain details of current and former partners, including appointment and cessation dates, linking to nominal accounts, entering profit shares and the account signatory or signatories.
    Officers - limited companies
    Guidance on how to maintain details of current and former company officers, including appointment and cessation dates and the account signatory or signatories.