Preparing working papers

Working papers can simplify your reconciliation process, reduce manual errors, improve your client's data visibility, and optimise your workflow.

You can create a workflow using workpapers for balance sheets, income statement explanations, and annual accounts. Data from your workpapers will populate your financial reporting workflow.

Working paper status

• 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 shown with icons: a red triangle, a yellow square, and a green circle. A red triangle means pending tasks. When you finish the necessary actions, the red triangle changes to a green circle, showing your progress.
  Click the template name to open and edit the template.
  

  

• Active templates have a yellow star and light blue text. The yellow star indicates that the template requires reconciliation. 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.
  Deactivating a template removes it from the export, bringing you closer to 100% progress.

The following workpapers are available in Client Accounting

Account templates

• Bank reconciliation

• Trade debtors

Reconciliations

• Trade debtors analysis 

• Trade creditors 

• BAS summary 

• GST reconciliation 

• GST BAS reconciliation

• Fixed assets 

Templates

• Standard account template