Accounting settings

The Accounting settings section, allows you to edit your company accounting details. 

You can navigate to it by clicking  then 'Accounting Settings' 

Warning

Updating some information, such as the year end can have consequences to the accounts so it is best to speak with your accountant first in order to establish whether this change is appropriate.

What can be updated? 

Business Structure is the trading status of your business

Start Date is the formation date or the trading date, whichever is earlier

First Year End is the date of your businesses first year end after starting to trade. 

Share Capital is the number of shares in the limited company

UTR Tax Number  is the Unique Tax Reference for the business (if Limited Company), your personal one (if sole trader) or the partnership reference (if a partnership). 

VAT Number is the VAT Number (if registered)

PAYE Ref is the PAYE Reference Number (if registered)

PAYE Office is the PAYE Accounts Office Reference Number (if registered)