COM1160 - Accounting periods: company accounting periods: superseded APs
When you use function MAPD (Maintain AP Dates) to amend an Accounting Period (AP), COTAX changes the status of the AP you displace to ‘S’, superseded. See COM1110 for more information about the status given to an AP.
COTAX does not delete the superseded AP and it retains its existing AP number. It allocates a new number to the AP you have created.
When you supersede an AP using MAPD, COTAX checks what information remains on the superseded AP. If it finds any of the following, it displays a screen showing what it has found:
- a revenue determination on a superseded AP that has not been linked with a superseding AP.
- a late filing penalty charge.
- a payment that it cannot move to a superseding AP
For further guidance see: