Financial Statements

Function

Details

Year-end Plan

The function provides a summary of the AFS items and status consideration for completing set of AFS.

Annual Financial Statements

This is group editable AFS template where the structure data is pushed and interlinked with the secondary working paper structure.

AFS Printing

Module for printing parameters of the live AFS

View external notes

This is for where users need to capture manual data inputs (i.e. data not coming directly from the BAS TB), to be included in the AFS via a controlled and approved process.  The data to be captured and approved separately prior to being pushed to the live AFS.

Audit outcomes

Summary of prior year audit outcomes and details thereto

Lead schedules

This is the summary of the AFS line items as grouped together on the live AFS

AFS settings

This feature rounds value to the nearest rand, when ticked on.

Function

Details

Refresh Balance Values

To update the financial statements figures, when a new TB is uploaded, or a journal was processed on Dynamic AFS

Manage Note Structure

This feature allows the user to choose what note to hide or show in the financial statements. This function useful to hide/show the entire note, whereas Sub Note Narratives is used to hide/show rows within a note.

Manage Policy Structure

This feature allows the user to choose what accounting policy to hide or show in the financial statements

Sub Note Narratives

This feature has a show or hide option. All cells in column A, anywhere in the Financial Statements, that is filled with any color will be hidden by clicking on the hide option. To unhide All cell in Column A click on show. This function useful to hide/show rows within a note, whereas Manage Note Structure is used to hide/show an entire Note

Note Number Detail

This feature allows Notes to automatically have sub-numbering.

Policy number Detail

This feature allows Policies to automatically have sub-numbering

Refresh policy and note numbers

To update the Policy and note numbers, numerically in order.

Mapping

This is where cells in the Financial Statements template are being mapped to an account on the trial balance and it's position within the Financial Statements. After the mapping was done the cell will turn blue in colour and all future trial balances uploaded will automatically update here when the statements are refreshed.

External Note Mapping

Mapping enables the updating of information from the external notes

Clear range Formatting

To clear all current cell formatting