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AmandaC67
Level 1

Change Accounts Layout in Work Papers - Sole Trader from Ltd Company

I am trading as a sole trader (Accountancy Practice) using Quickbooks Online but when I try to generate the Accounts via workpapers it will only give me the option of Ltd Company Accounts FRS 105

Same for my clients too

Is there anyway to alter this ? Not everyone is a Ltd Company 

How will this work under MTD for ITSA 

1 REPLY 1
JoanaC
QuickBooks Team

Change Accounts Layout in Work Papers - Sole Trader from Ltd Company

I appreciate you posting here in the QuickBooks Community, @AmandaC67. Let me share more information about workpapers in QBO.

 

I know the importance of having the FRS105 for the MTD ITSA. However, these accounts will depend on what industry you have chosen when you set up your account.

 

In the meantime, we can only choose the LTD company for the workpapers. Rest assured that our team is working on the process to make your experience easier.

 

Additionally, let me share this article to export your clients' tax information: Use Workpapers to export your clients’ tax info.

 

Please don't hesitate to leave a reply if you still have questions about your annual workpapers. Take care.  

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