The General Settings properties available for customization include:
Include Cover page
|The cover page will always generate in the financial statements.
|Include Table of Contents
|The table of contents will always generate in the financial statements.
|Separate Statement of Retained Earnings (GAAP)
|Require that the statement of retained earnings always be a separate statement as opposed to being a component of the operational statement. If no separate statement is chosen, the retained earnings statement is added to the bottom of the operational statement.
|Position of additional note in Balance Sheet (GAAP)
Indicate where to place any additional note information in the balance sheet. This area is used for items referenced on the balance sheet that have no corresponding numbers - contingencies, subsequent events, going concern.
|Statement of Cash Flows presentation
|Option to use the direct or indirect presentation method as the default for the Statement of Cash Flows. If only one presentation method is used by the firm, select the desired presentation method and lock this option.
|Provide reconciliation of Operating Activities (GAAP)
|When the direct method of presentation is selected for the Statement of Cash Flows, provides a reconciliation area at the bottom of the cash flow statement for additional reconciliation.
|Show supplementary cash flow information (GAAP)
|Supplementary information for cash flow items appears or hides at the bottom of the cash flow statement.
|Term to use for parent entity
|Determines the name used for the parent entity. This name appears at the top of the numeric columns to identify the entity. Select from the drop-down list or type in alternate wording.
|Term to use for consolidated entities
|Determines the name used for the consolidated entities. This name appears at the top of the numeric columns to identify the consolidated entities. Select from the drop-down list or type in alternate wording.
Use regional settings for date format
|Uses the regional computer settings in the control panel to manage the display of dates in the financial statements. Best practice -- choose No for this option. The dates will appear inconsistent if end users do not have the same regional display settings.
|Date formatting style
|Manually enter the desired date format if not using the regional settings for the date display.
Additional drop-down menu wording
Add extra options to select for text in front of date
|Four input cells are provided for the template author to add additional items into the drop-down list of options for Include text in front of date. The template author can populate these menu items with the other wordings to be made available in a drop-down list at the engagement level. This text will appear before the date cell in either the statement headings or above the description columns in tables.
Also available for customization are properties for tables and notes in the financial statements. These properties include:
Financial statement and note table settings
Grouping used to build the statements
Groupings categorize and arrange accounts in the Working Trial Balance into meaningful subsets of information. Select the default grouping (mapping or grouping L/S-10) to be used to organize accounts in the financial statements and notes.
This sets the default grouping to be used throughout the statements. Alternate grouping numbers can be selected within a section or by an individual row. These alternate groupings are selected in the firm libraries or directly in the financial statement document.
Row changes are highlighted blue, while section (or table) changes are highlighted pink.
|Calculated mapping numbers
|You can specify the method to use when calculating mapping numbers. You can either round each mapping number and then add them together, or add the mapping numbers and round the result.
|Order of columns
|You can specify that the numeric columns in the financial statements are to be displayed with the current period first or the current period last.
|Position of parent entity
|You can set the order in which entity data is to be displayed in the financial statement data. Either the parent entity or the consolidated entity can be displayed first.
|Date to show
You can specify where the date is to appear in a financial statement area. The date can be in either of the following locations:
|Period end date format – Numeric column headings
You can set the period end date format to use in numeric column headings of statement areas that display quarterly or half-yearly data.
Note: In statement areas that display yearly data, the standard four-digit year (for example, 2012) is used in numeric column headings.
|Show note references
|You can specify that line items in financial statements are to display references to their related notes. These note references can appear in their own column or can be added to the description.
|Display note number in description column
|Note references will display in a separate column or within the description column.
|Display percentage column
You can specify that financial statement areas are to display percentage columns. This option is always locked and cannot be modified by the end user in the client financial statements.
|Watermark when percentage columns included
|When a percentage column is displayed, a watermark will automatically print for the statements. A locked watermark only prevents end users from modifying the watermark when percentage columns are enabled.
|Allowing engagement access to cell attributes
|You can allow the engagement to edit the properties of individual cells in the financial statements.
|Apply engagement formatting to Firm content
|When you create firm content, you can specify that the content must use the firm formatting provided, instead of using the formatting that users provide during an engagement.
Separate Accounting Policies
You can specify that Significant Accounting Policies is to be provided as a separate area in the financial statements, instead of as part of the Notes to the Financial Statements.
If you specify separate Significant Accounting Policies, you can also specify whether a distinct set of note numbers is to be used for this area.
The Policies will also appear with a unique statement header.
|Distinct note numbers for Accounting Policies
|When the option to display Accounting Policies as a separate area in the financial statements is selected, a distinct note numbering pool can be enabled that is different from the Notes to the Financial Statements.
|Note headings on subsequent pages
If a note requires more than one page to display, you can specify the continuation text to use in the heading for the second and subsequent pages of the note. An example of heading continuation text is the continued in the following note headings:
1. Property, plant and equipment continued
a) Reconciliation of property, plant and equipment continued
|Display subtopics in library index
You can specify whether subtopics are to be included as part of the organization structure for notes in the Knowledge Library. If subtopics are specified, notes are organized by area, heading, topic, and subtopic. If subtopics are not specified, notes are organized by area, heading, and topic only.
There is no content associated with this new level in the financial statements - it is only for organizational purposes of the content. This additional level assists users in locating a specific note to insert in the engagement.
|Column headings in page header
|The column headings can be set to appear at the top of the page and will not appear above each table unless specifically set to display for a particular table.