The information within the Accountants Report can help to generate your client's accounts and can be viewed by either Financial View (Accrual) or Payment Date (Cash).
It will generate information for a standard 12-month financial year or for a custom date range where the length of your client's financial year has been shortened or lengthened to suit a new balance date.
To view the Accountants report:
- Click on Reports.
- Select Accountants Annual.
The report is made up of seven sections.
Summarises opening and closing bank balances and whether the report is balanced.
Totals each category and extended code for the year.
- Bank statement summary
Displays opening and closing bank balances for each month of the financial year and highlights any discrepancies.
- Analysis by code
Details each bank transaction for the financial year by category and extended code. It also highlights any un-coded bank transactions that need attention.
- Workpapers for balance sheet
Lists opening & closing accounts receivable/payable and any journal invoices.
This section is only available in Financial (accrual) View.
- Livestock reconciliation
Displays an annual view of livestock movement for each financial year.
Explains how the report displays information based on selected report parameters