Accounting: end of year: review code checkbox
The Review Code checkbox enables you to indicate to the system that after a payment has been allocated, any balance of the underpayment that remains outstanding should be coded out or remain coded out. A message giving details of the years affected will be displayed.
The Review Code checkbox is found on the Allocate Payment screen which is reached by selecting Accounting on the Navigation Menu then Financial Events Summary then Insert Payments Details.
If the Review code box is not checked the whole of the remaining underpayment will be removed from the CY code and any remaining balance will be picked up in CY+1 coding. A message giving details of the years affected will be displayed.
Any amendment of the code which is necessary (because the allocation of a payment has removed the need for that amount to be coded out) will automatically be triggered by the system regardless of whether you check the box.