November 20, 2020 Jazzit Fundamentals Update Available

Tuesday, December 1, 2020

BS, BS2 & BS3   2-COLUMN, 9-COLUMN & TRANSITION BALANCE SHEETS 

  • A right click option has been added on the marketable securities description on the balance sheet to select disclosure options. This includes cost or market value (linked to the MS working papers), no disclosure (default when linked to note), and custom.

ALL WORKING PAPERS WITH DATE FIELDS

  • Added a right-click menu of date cells to copy and paste the date from one field to another. The Windows clipboard is unable to copy this date format between fields.  This update was applied to CA, CB, DI, IA, JZAL, JZAPCTRL, JZARCTRL, JZBR1-JZBR5, JZCD, JZCPL, JZDR, JZLNR, LT, MS-JZMW, and PE  

NL & K3A   INDIVIDUAL SIGNIFICANT ACCOUNTING POLICIES MODULE

  • Formatting options for numbered policies.  A format can now be selected from a popup in the “Note and policy headings” section of the notes menu. We recommend either the a. or A. format if you have over twenty-six policies in your financial statements. The individual policies must be updated to this build to support these additional format options.

KP   GENERIC 3 TO 5 COLUMN NOTES

  • Added a new note KPD - detailed amortization note which is modelled after PPE - Format 4. This note does not have diagnostics and does not link to PPE working papers and is intended for additional disclosure (e.g. Right of use lease).

K7   SHARE CAPITAL NOTES MODULE

  • Added formatting options to the right-click menu of the Share Class titles for the "Share capital - Default" and "Share capital – share redemption sched" notes including bold, italics and underline.

KC   DUE TO (FROM) SHAREHOLDERS NOTES MODULE

  • The Detailed Disclosure note has been sorted to be the first note option, as this note may be more appropriate for most engagements than the note labelled "Default".

KH   DUE TO (FROM) RELATED PARTIES NOTES MODULE

  • The Detailed Disclosure note has been sorted to be the first note option, as this note may be more appropriate for most engagements than the note labelled "Default".

KP   GENERIC 3-4 COLUMN NOTES MODULE

  • Added a new note KPD - detailed amortization note which is modelled after PPE - Format 4. This note does not have diagnostics and does not link to PPE working papers and is intended for supplementary disclosure.