January 10 Jazzit Fundamentals Update Available

Wednesday, January 10, 2018

CP – HOME MENU

  • Items which have been turned off in the statement menu no longer appear under the Admin area of the Home Menu. Only selected items will be displayed for updates

  • Various interface updates, including:
    o The option “Show balance sheet on two pages” has been moved to the Balance Sheet under the Statement settings
    o The option to show “Gross profit %” and “Profit or loss referred to as:” have been moved to the Income Statement under the Statement settings
    o The option to show percentage columns have been moved to the 9 column Income Statement under the Statement settings
    o The option to Show all lines/printing lines only at the top of the financial statement is now a button instead of a dropdown
    o Rounding amounts now display directly beneath their respective rounding accounts
    o Double-clicking on a rounding account/amount under the Rounding tab will now jump to the respective statement rounding tab

IS/IS2 – INCOME STATEMENTS

  • Added the ability to set decimal points for the percentage columns

SC1 – 1-2 YEAR INCOME STATEMENT SCHEDULES

  • Added the ability to set decimal points for the percentage columns


SC6 – 1-9 COLUMN INCOME STATEMENT WITH BUDGET SCHEDULES

  • Added the ability to set decimal points for the percentage columns

PE/DI/JZAL – PREPAID EXPENSES, DEFERRED INCOME, ACCRUED LIABILITIES WORKING PAPERS

  • The amount of decimal points can now be set in the working papers
  • Each section can be set to calculate amounts either on a day or month basis

CL – CLIENT ENCLOSURE LETTER

  • The client number can now be displayed at the top of the letter (this is set in the Engagement Properties)

  • Added the option to set the letter date to the same date as the engagement report in the financial statements

JZL1 – LETTER TO LAWYER

  • Added the option to set the letter date to the same date as the engagement report in the financial statements

JZMIS – SUMMARY OF MISSTATEMENTS

  • Added a table at the bottom of the working paper which summarizes all unrecorded journal entries into three categories: Assets, Liabilities, Income/Equity