General - Financial Reporting
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
"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
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
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
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
The current formula for Opening Retained Earnings is: 'Opening Retained Earnings/Accumulated(Losses)' = 'Closing Retained Earnings/Accumulated(...
Sat, 16 Mar, 2024 at 5:59 PM
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
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
Illustration: The agent "Edwards & Co Pty", would like to change the "Prepared By" from "Edward & Co Pty Ltd" to "...
Wed, 17 Apr, 2024 at 7:24 AM