CCH Compliance Packs: Accounts Production Training

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This course is designed to give new users of CCH Accounts Production an overview of the data entry processes required to create a set of statutory accounts together with the process of top-up tagging in CCH iXBRL Review and Tag. Pre-requisite HMRC and Companies House credentials will have been entered for iXBRL.

Key Objectives

To guide you through the agreed data migration process
To take you through the process of preparing financial statements in CCH Accounts Production
To understand the integration between CCH Accounts Production and CCH iXBRL Review and Effective use of homepages

Who should attend

Delegates may be system administrators, champions, super-users and end-users of CCH Accounts Production

Course Contents

Session One

Session Two

Introductions
Select client
Create the accounting period for a client for the first time
Select client using the Accounts Production Job Summary homepage
The CCH Accounts Production Home screen and navigation
The Chart of Accounts structure for the entity created
Review 3rd-party trial balance(s) for import into CCH Accounts Production (pre-requisite: data to have been exported prior to the course)
Import the trial balance(s) for the first time - mapping and structure
Exporting trial balances or transactions
For alternative data entry methods: receipts, payments, journals, importing transactions - refer to eLearning
Statutory database: navigation, review of General information and Client preferences
Officers: check linked/created, select signatories, enter dates
Financial statements: Initial review of the accounts
- addresses e.g. registered office or business
- associations, e.g. "has auditor of"
- imported figures
- drill down options
- detailed profit and loss account (income statement)
Reconciliation of imported figures
- mapping corrections (editing an existing mapping)
- rounding settings in chart of accounts
- reclassifications using advisor journals
Exception report: e.g. for entering dates, depreciation rates, employee numbers
Summary of session one

Q&A from previous session
Chart of accounts - changing descriptions
Advisor journals and viewing advisor journals /reports
Journals for restatement of comparative (prior) year adjustments
Further review of financial statements - pages and notes
- navigation from within a format e.g. to look up a statutory database item, to look up a nominal range
Statutory database: further disclosures, analysis, custom paragraphs
View transactions: filter, reports
Trial balance - drill down, reports
Final review, removing draft message and entering signing dates
Tagging the Detailed Profit and Loss Account (in iXBRL)
Tax Link (for CT / PT)
Running the year-end and set-up for the next period:
- Housekeeping for the current year - have reports been run?
- Year-end and finalise options
- In the new year - statutory database review of custom paragraphs, reverting local financial statement pages/notes, if any
Overview of link nominal function and profit share within an Unincorporated Partnership entity. For FRS 105 - refer to eLearning
CCH Accounts Production links to other CCH modules e.g. Central, iXBRL, Tax, Document Management, OneClick - Note, with the exception of iXBRL, these do not form part of the AP data entry course - See online resources
Support portal for online resources
Summary of session two

Note: This is a online interactive course designed to run for two sessions up to 3 hours each.

Useful Resources

eLearning courses - online courses that provide you with an overview and insight into our software
Bitesize videos - Compliance and Non-Compliance - showing you how to use features (and also some specific focused areas) of our software
Webinars - sessions for you to attend and learn from