The video demonstrates the use of the Officer Data dialogue box when preparing a set of limited company accounts with Accounts Production [AP] Solution. The Officer Data dialogue box is used to record details of the various transactions with directors that are required to be disclosed under UK GAAP and ensures that they will appear correctly in the financial accounts.
The notes in which officer data appears are as follows:
Advances and Credits to directors
Guarantees made by the Company on behalf of the Directors
Related Party disclosures