The name of this tab depends on whether you’re licensed for Workpapers. If you are licensed for Workpapers, it is the Workpapers tab. Otherwise, it is the Trial Balance tab.
The Trial Balance (Workpapers) tab displays the financial periods created for the selected client and the properties of each period. A list of the To Do items associated with each workpaper period are also displayed.
The tab is divided into the following sections:
The Select Period table displays all the workpaper periods that have been created for the selected client.
The status for a workpaper period can be:
The Add period option on the Tasks bar enables the addition of a new workpaper period. See Adding a new period.
The Open period option on the Tasks bar enables a period to be opened. See Opening an existing period.
Configured Ledger Details
The Configured Ledger Details section displays information on the type, name, current year start date and current year end date of the configured ledger. This section appears after a ledger has been configured. (See Configuring a ledger.)
Status of Selected Period
The Status of Selected Period section displays information about the period which is selected in the Select Period table. See Creating and opening workpaper periods.
To Do items
To Do items enable tracking and management of the workpapers tasks that are being worked on. The To Do items which have been created for workpaper periods for a selected client are listed in the To Do table of the Trial Balance (Workpapers) tab. The To Do item should be given a subject description that is unique so that it can be easily identified.
See To Do items for more information.
The status of a To Do item can be:
The status is used to indicate progress on the To Do item to other staff members.
Tasks bar options on the Trial Balance (Workpapers) tab
Add a new workpaper period.
See Adding a new period.
Open an existing workpaper period.
Delete a period (for example, if an error has been made when creating a workpapers period).
See Deleting a period.
Define GST accounts
Select the accounts where amounts for GST Collected and GST Paid will be recorded.
This option is not available if you have an AE/AO Ledger or Cashbook ledger.
Import client file
Import an MYE file and load data from a ledger that cannot be directly connected to.
See Importing data.
Update GST chart
Updates the entire Chart of Accounts with GST codes from the imported legacy ledger, based on the ledger name of your legacy application. This feature should only be used for ledgers imported prior to 2016.2.
If there are multiple ledgers with the same name, you will be prompted to select the correct ledger.
If there are more than 100 account codes, this process may take a few minutes.
For AE/AO ledger you can add, edit and delete accounts from one location. You can also add, edit and delete account type groups.
Define balance forward accounts
Nominate balance forward accounts for source accounts.
Edit Configuration Details
Select a location for the client’s general ledger.
Perform Opening Review
Compare the account balances from the current general ledger product with the corresponding account balances in the client's AccountRight file.
Modify Prior Year Balances
Enable adjustments to be made to the prior year balances that are stored within a configured AccountRight ledger.
This option on the Tasks bar enables you to open your Ledger application. You can make changes to the client’s general ledger whilst accessing their information in Client Accounting.
See Launching a ledger.
Create new AE/AO Ledger
This options enables you to create a new AE/AO Ledger using Essentials Cashbook.
Define Income Allocation
This option enables you to allocate profit or loss from a business between partners or unit holders.
View AE/AO ledgers
This option enables you to view the details of your AE/AO Ledger.
Delete AE/AO ledger
This option enables you to delete an AE/AO Ledger.
See Deleting a ledger.
Remove Configuration Detail
Removes the configuration details from a configured ledger for a client. If no ledger is configured, this link is disabled.
Migrate to AE/AO ledger
This option enables you to migrate your existing AO Classic, Accounts (Australia), or MAS general ledgers to an MYOB AE/AO ledger.
Show the status of a migration to AE/AO ledger.
View migration log
View the migration log for any ledger that has been migrated. The migration log lists any errors or warnings that should be fixed or taken into consideration.