General - Financial Reporting

Batch "Publishing" of "Financial Reports"
Once the "Financial Report" status is "Out to Sign", user has an option to publish it by batch/bulk. Navigate to "Dashboard" ...
Thu, 14 Mar, 2024 at 12:39 PM
Financial Report - "Published" Status
"Publish" is like completing the "Financial Report". It won't go to ATO or any third party. It is mainly for reporting purposes. ...
Sat, 16 Mar, 2024 at 5:41 PM
Switching Line Items
Consider having a bank account with a negative balance. That’s an overdraft. Moreover, it’s typical to setup a bank account in the current asset sector of y...
Sat, 7 Aug, 2021 at 10:23 PM
Switching Account Sectors
Certain whole sectors will switch - Net GST will reflect as either Net GST Receivable or Net GST Payable depending on the net value being either positive or...
Sat, 7 Aug, 2021 at 10:25 PM
Trust "Financial Report" - Directors Declaration Statement and Trustee Declaration
If the "Trustee" is a Company, the Financial Report should show "Director's Declaration" If the "Trustee" is a...
Wed, 5 Jun, 2024 at 11:51 AM
"Opening Retained Earnings" calculation
The current formula for Opening Retained Earnings is: 'Opening Retained Earnings/Accumulated(Losses)' = 'Closing Retained Earnings/Accumulated(...
Thu, 10 Apr, 2025 at 11:13 AM
Modify "Notes" in Financial Statements
Select the notes section, click in and edit text. For more thorough report for "Notes" refer to this video (paid report) 
Thu, 15 Jan, 2026 at 11:30 AM
"Duplicate" report for Financial Report
This Financial Report "Duplicate" feature will help our user to have the same content/template of the Statement. It will carry forward any change...
Sat, 16 Mar, 2024 at 6:12 PM
Financial Report's "Trading Revenue"
Question: Could you please advise why the total income is not $61,302 (i.e $41,302 + $20,000). Answer: The report only shows the total income $20,000 f...
Fri, 12 Apr, 2024 at 11:21 AM
How to change "Prepared by" via Financial Reports cover page?
Illustration: The agent "Edwards & Co Pty", would like to change the "Prepared By" from "Edward & Co Pty Ltd" to "...
Thu, 21 Aug, 2025 at 10:15 AM