October 14 Jazzit Fundamentals Update Available

Friday, October 14, 2016

ALL TWO AND NINE COLUMN STATEMENTS
(BALANCE SHEETS, INCOME STATEMENTS AND CASH FLOW STATEMENTS)

  • Added the ability to control the case and bolding of each section heading individually throughout the statements. This allows the user to set each section heading to the format they require.
    These options can be found the “Statement settings” area of the Balance Sheet, Income Statement and Cash Flow statement

IS/IS2 – INCOME STATEMENTS

  • Added the ability to switch section heading wording between singular and plural.
    These options can be found the “Statement settings” area of the Income Statement
    Please note: The word “Income” does not switch between singular and plural

CP – HOME MENU

  • Added an option to the Resource Centre module allowing users to set the Draft stamp position in the financial statements after a year end close

KP – GENERIC 3 OR 4 COLUMN NOTE

  • Added the option to have linked lines in the note together with the option to select different entities

BS/BS2/BS3 – BALANCE SHEETS

  • Added the option in the Equity section headings right click menu to display the word ‘equity’ regardless if the area is deficit
    Please note: This functionality is not available for Not-for-Profit or PSAB structures

  • Added the wording “Approved” to the signature heading wording options

  • Not-for-profit: Added the option to display wording “Fund Balances” throughout the Balance Sheet by selecting it from the dropdown in the statement heading

KT – TAX AND OTHER GOV’T REMITTANCES

  • Added the ability to round amounts in the note so they agree with the tax return

FC – FINAL CHECKLIST

  • Added the wording option for “sent electronically” in the dropdowns throughout the checklist

BC-BG – BANK CONFIRMATIONS

  • Added the options to force print all rows and tables in the confirmations

EL – ENGAGEMENT LETTER

  • Notice to Reader: Added the option to link the impairment paragraphs at the end of the sample report