• Accounts and balances
  • Account / line properties
  • Account worksheet
  • Cash Flow worksheet
  • Foreign Exchange worksheet
  • Groupings worksheet
  • Performance Measures worksheet
  • Report settings
  • Report worksheet
  • Create a Control account
  • Create a Performance Measures account
  • Create a Prime Posting account
  • Create a Statement of Cash Flow account
  • Create custom balances
  • Enter balances
  • Enter foreign exchange rates
  • Renumber accounts
  • Split-up accounts

Create a Prime Posting account

You can create Prime Posting accounts in both the Account and Report worksheets.

Prerequisites:

• The account number must be greater than 99. Account numbers less than 100 are control accounts.

To create a Prime Posting account in the Account worksheet:

1. On the ribbon, click Account | Trial Balance.
2. In the Trial Balance, click the Account worksheet tab, then click New. The New Account dialog displays.

3. Complete the dialog options as required.

   Option	Description
   Entity	In a consolidated file, select the entity where you want to assign the account.
   Account No.	Enter a unique account number between 2 and 40 alphanumeric characters.
   Name	Enter a description of the account. This description displays on the Trial Balance, general ledger, draft financial statements and all working paper documents.
   Map No.	Select the applicable map number for the account. Additional account properties will populate automatically based on the properties assigned to the map number.
   Type	Select the applicable draft financial statement type for the account. This option is unavailable if you are modifying the Balance Sheet or Income Statement accounts.
   Normal Sign	If applicable, select debit or credit to represent how the account is displayed. Depending on the account balance, the amount will display with brackets.
   L/S	If applicable, select the leadsheet where you want to display the account.
   Class	If applicable, select the appropriate ratio class. The ratio class is used for calculating financial ratios, conducting analytical review, and preparing the schedule of unadjusted errors.
   Tax Export Code	Select to link a tax export code to the account.
   M3 Code (US only)	Select to link an M3 code to the account. You can export amounts that are assigned M3 Codes to most tax software.
   Opening Balance	Enter the opening balance for client accounting assignments and preliminary balances for working paper assignments. This balance becomes the opening balance when viewing the general ledger and the preliminary balance of Trial Balances or leadsheets.
   Adjustments	Displays the total adjustments for the account. This amount equals the total of transactions and adjustments displayed in the Trial Balance. In multiple period files, reclassifying journals display only in the month to which they are posted; their balances are not accumulated.
   Final Balance	Displays the final balance for the account.

   Click OK.

The Prime Posting account is added to the Trial Balance. You can view or modify the Control account from the Account worksheet.

To create a Prime Posting account in the Report worksheet:

1. On the ribbon, click Account | Trial Balance.
2. In the Trial Balance, click the Report worksheet tab, then click New. A new line is inserted.
3. In the Name column of the new line, enter a description for the Prime Posting account. Click ... to add an extended description.
4. In the Type column, select a statement type from the drop-down menu.
5. In the Account No column, enter a number greater than 99.
6. Complete any other applicable columns.

The Prime Posting account is added to the Trial Balance. You can view or modify the Control account from the Report worksheet.