After submitting your accounts to HMRC you have received an error message that states:
Error Response Error: 1 RaisedBy: ChRIS Number: 3312 Type: business Text: Accounting standards applied (bus:AccountingStandardsApplied) is missing. Location: Accounts
This error is normally caused by not being on the most up to date master format.
The latest FRS Master for v18.1 is 18.10 - 08 Feb 2017 UK-FRSLTD
Cause
Resolution
To resolve this, you'll need to update your client to the latest master format
Updating a client to the latest master format
Open your client listand expand your client.
Highlight the relevant year and click onedit.
This will open a new window.
At the bottom of this screen the master client is referenced.
Click on the ellipsis button this will bring up a list of potential master clients.
Double click on the relevant client, this will bring up a number of options for that master.
Double click on the most recent date i.e. 08.02.2017
Click on close.
At the bottom of the client list there is anUpdatebutton, click that button.
A new window will open, click on next and tick the boxes for update mappings for Sage Corporation Tax and also the tick box for Taxation.
Complete the process.
Once you have updated to the latest master, you'll need to recreate your IXBRL accounts and then re-tag your computation in Sage Corporation Tax before submitting to HMRC