I don’t know if anyone can help. I am revaluing listed stocks and shares held in our ltd company and need to know how to account for a revaluation loss. My understanding is that the loss has to show in P&L, without affecting the tax charge on the normal profits before this loss shows. I need to know…

FRS 102 if that’s what your asking?

QB is not fully equipped for all sort of FRS 102 items, e.g no option to show deferred tax, it always get clubbed with CT in P&L, best just create a new nominal for all kind of fair value adjustments and deal with them at statuary accounts software level

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Revaluation Reserve

Accounting

FaradayKeynes 5 December 2022 17:20 2

What is your reporting framework for accounts?