Financial statements

Create financial reports using customised style for your practice

For each client, you can control the reports to be included, and the order in which they are displayed in the financial statements.

• Progress Bar at the top of your workflow page displays how many tasks you’ve completed. It shows a percentage and summarises tasks, checks, reconciliations, and accounts that still need work. Your goal is to reach 100% on the progress bar, which means all tasks in the workflow are done.

• Templates are represented by icons

  

  • Red triangle: indicates pending tasks for a template

  • Yellow square:

  • Green circle: All tasks completed, no action required.

  • Active templates have a yellow star and purple text.

    • The yellow star indicates that the template will be included with the Financial statements when exported so it requires reconciliation as part of the workflow.

    • If an account has a star, a red triangle or green dot will appear next to it. If a template isn't needed for a specific file, you can unstar it.

Editing note paragraphs

Each note has different customisation options. It's not possible to edit a preconfigured paragraph in a note however there will be different customisation options available.

Click to open the template to add, remove or edit paragraphs

• De-select the purple square to exclude the paragraph from the note.

• Type any additional notes in the yellow field, and make sure to press enter to save your work.

• Use the red trash can icon to delete the notes.

Exporting Financial statement reports

When your report is complete, you can apply the style you’ve created for your practice and generate the financial report to send to your client.

1. Go to Exports

2. From Choose a bundle drop-down, select the report that you’ve created.

3. Select Generate export.
   

   

4. You can edit the report by adding pages, selecting which workpapers to include, or removing sections.
   

   

• Use the plus sign to move the section or add a section from the right-side panel to change its printing order.

• Select the dots and line symbol to add or remove sections within the report.

• To delete a section, select the trash icon.