General - SPFR

The LodgeiT Approach to Preparing Special Purpose Financial Reports (SPFR)
LodgeiT is aware that the legacy method for preparing SPFR is to take a GL Movement and stripe the movement journal into a secondary ledger i.e. Handiledger...
Fri, 18 Sep, 2020 at 9:20 AM
Managing Special Purpose Financial Statement (SPFR) Templates
LodgeiT user can modify text blocks, insert dynamic placeholders, rename and reorder statements. Everything will be automatically saved. Watch below video...
Thu, 10 Feb, 2022 at 8:32 AM
Substituted Accounting Period (SAP) - SPFR
FINANCIALS  Importing of financials  for non FY periods is not allowed. It' either full year from July - June, Quarter or Month. In case if you import...
Thu, 7 Apr, 2022 at 10:50 AM
Cash vs. Accrual Reporting in Special Purpose Financial Reports (SPFR)
LodgeiT is used to prepare working papers, special purpose financial reports(SPFR) and tax forms.  With respect to SPFR, ASA800 requires 'true and fai...
Fri, 7 Aug, 2020 at 11:39 AM
Special Purpose Financial Statements (SPFR) Comparison Period
Wed, 8 Jul, 2020 at 12:03 PM
Print option for Special Purpose Financial Reports (SPFR)
Lodgeit user will able to exclude: Title Page, Contents Page, Page Numbers and Headers/Footers.
Mon, 24 Aug, 2020 at 8:01 AM
Batch "Publishing" of Special Purpose Financial Report (SPFR)
Once the SPFR status is "Out to Sign", user has an option to publish it by batch/bulk. Navigate to "Dashboard" and select "Work&qu...
Wed, 19 May, 2021 at 6:43 AM
SPFR - "Published" Report
"Published" is the same as "Lodged", once you press Publish, no further changes on that set of accounts can be made. To make a change, i...
Fri, 17 Sep, 2021 at 7:52 AM
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