Primary Statements

The Statement of Changes in Equity (SOCIE) is populated from the G* and H* mapping numbers: Called up share capital - G01* Share premium account - H01* Capital redemption reserve - H04* Revaluation reserve - H02* Profit and loss account - H03* For... Read More

1. To add a note number reference column to the Detailed P&L, place the cursor on any row in the DPL and click the Number icon beneath the Table tab.   2. The note number reference column will be added as shown below. Once the column has been... Read More

When a new section is inserted into a note, the section total won't add to the overall total by default.   You can include the total of the inserted section in the final total row by first checking the section number that the final total row... Read More

To insert additional user text fields, click within the statement and use the User text buttons under the Note tab. The first button will add the text before the table and the third button will add it after the table.     Before table:   After... Read More

Double underlines can be added or removed from most total rows in notes or financial statements, see the example below.   1. Highlight the figure that requires a double underline, go to Table section of the Toolbar, and select the Double Underline... Read More

There are two ways to allocate Profit in LLP accounts: Option 1 If the profit for the year is automatically divided between the members without further discussion, then it should be charged to the profit and loss account as an expense.  This is... Read More

The page orientation of the SOCIE can be switched between portrait and landscape for presentational purposes. In this example the SOCIE below is presented in portrait originally and will be switched to landscape orientation.   1. Position the... Read More

If the trial balance is posted in pounds and pence or dollars and cents, there will potentially be small rounding differences that occur within the Accounts. To clear these rounding differences, you will need to set a rounding tolerance in the... Read More

When posting a trial balance in pounds and pence, or when rounding to thousands/millions in the accounts, there will be potential rounding differences. In order to clear rounding differences on primary statements and notes, you must first set a... Read More

Discontinued operations can be disclosed separately on the Statement of Comprehensive Income if required. 1. Open the Wizard.   2. Go to Accounts Format, and then the Disclosure Format tab.     3. In the Accounts Format section, select the... Read More