Creating a new Financial Statement

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Overview

 

With a good understanding of the Financial Statement Designer layout and options, let’s discuss creating a new Financial Statement.

 

Financial Statements can be created by copying an existing or creating new statements.

 

 

Tutorials

 

Copy an Existing Financial Statement

 

To copy an existing statement:

 

1.Load the Financial Statement using the Financial Statements drop-down.
oDon’t see any? Read about how to Install Sample Financial Statements.
2.Click Copy from the toolbar
3.Enter a name for the new template
4.Edit the Financial Statement as appropriate
5.Click Save

 

Creating a new Financial Statement

 

To create a new statement:

 

1.Click New from the toolbar. The New Financial Statement dialogue will launch.
2.Name the Financial Statement
3.Optionally Include Closing Entries
4.Optionally Divide By a denominator
5.Select a Financial Statement Template
6.Click Create. Your statement will load in the designer.
7.Edit the Financial Statement as appropriate
8.Click Save

 

 

Field Descriptions

 

New Financial Statement Dialogue

 

•Financial Statement Name - Name of the financial statement
•Include Closing Entries - When checked, closing entries from the General Journal are included.
•Divide By - Number to divide all figures by. Commonly used for reporting in the, for instance, millions of dollars (e.g. $10,000,000 / 1,000,000 = $10)
•Financial Statement Templates (see below)

 

Financial Statement Templates

 

InFocus features several Financial Statement templates that can be used for building custom Financial Statements. Each template has been designed to meet ANSI printing standards and can range from 1-15 columns.

 

•Two-Column System Default
•ANSI A 8.5X11 Letter - (1 Column)
•ANSI A 8.5X11 Letter - (2 Columns)
•ANSI A 8.5X11 Letter - (3 Columns)
•ANSI A 8.5X11 Letter - (4 Columns)
•ANSI A 8.5X11 Letter - (5 Columns)
•ANSI A 8.5X11 Letter - (6 Columns)
•ANSI B 11X17 (7 Columns)
•ANSI B 11X17 (8 Columns)
•ANSI B 11X17 (9 Columns)
•ANSI B 11X17(10 Columns)
•ANSI B 11X17(11 Columns)
•ANSI B 11X17(12 Columns)
•ANSI C 17X22 (13 Columns)
•ANSI C 17X22 (14 Columns)
•ANSI C 17X22 (15 Columns)