Sole traders

In general, the preparation of working papers and accounts for sole traders follows the general unincorporated/partnership's guidance given in this section, including the Partner Current and Capital reconciliations (obviously with only one "partner"). However, the Partners summary reconciliation is not needed for sole traders as the various partner details and share of profit functionality is not applicable and the sole trader's name (for accounts purposes) is captured in Workflow 3: [Unincorporated] General settings - Sole Trader reconciliation.