Financial Statements - tick to remove notes - not delete
Financial Statements: Offer a tick option to select or deselect individual Notes, rather than having to re-write individual Notes, if they have been deleted previously.
Hey community, just popping in to deliver this idea 🎉
Thanks to everyone that shared their feedback and suggestions in the comments. You’ll now have the option to 'hide' a note to financial statements, instead of removing it.
This means that rather than deleting notes that aren’t applicable, you can instead retain them for future years where they might be more relevant 📝
I’ve attached a screenshot to show this in action, and you can jump in to your Financial Statements from today to try it out!
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Luke McLeay commented
It would be useful if instead of deleting a schedule or Text block there was another option to hide and un-hide the schedule or text block so that when preparing a subsequent years reports from a roll-over version of the initial set that hidden schedule or text block can be un-hidden without the need to recreate that entire schedule or text block.
E.g., in year 1 there may be no inventory owned by the entity, but in year 2 they may have inventory meaning we want an accounting policy and schedule for that. So if we hid that policy and schedule in year 1, to include it for year 2 it is just a matter of un-hiding the relevant paragraph and schedule.
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Hamish Olesen commented
This feature would be much appreciated! Adding individual notes means flicking out of the client, over to templates file, copying the text from the template note, then back into the client.
This is time consuming and frustrating, especially when the text and formatting is already in a template.
Even more frustrating is when the note also has a schedule as part of it's format. You have to either rebuild the schedule in the client or copy the entire notes template report to the client and start over. -
Audrey Connelly commented
yes agree 100%
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Ayla Wilson commented
Will save time
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Marie McQuinn commented
Will save so much time each year - definitely an important enhancement
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Nilima DSilva commented
Saves time having to re-write notes/policies that didn't apply to the previous year, but do apply to the current year.
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Sylvia Atkins commented
Yes please!!!!!!
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Vicki Ferguson commented
saves time rewriting them in future years or if deleted in error
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Natasha Allnutt commented
Hide or unhide option would be FANTASTIC! no one likes removing notes only to add them back the next year!
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Zoe Giles-Jones commented
Definitely would make updates easier if you could simply tick a box to add something back in rather than re-running the template constantly (being within preparation of the fins - This would be a huge benefit for our practice
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Jonathan Papailiou commented
Similarly, this would be good for going concern notes to show up in the financial statements only when there is negative equity. Potentially parameters can be put in place to know when to include notes and when not to.
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Ben Timus commented
There is currently no way to hide a note when using a report template, rather it has to be deleted to remove it from the report. That is fine if you use a fresh template every time, or never need that note again, but many users will use a template as a base, editing the report for their specific needs and prefer to use the "roll" feature to ensure these custom edits are retained. If an instance occurs where they need a note that they had previously deleted they now need to rebuild it into their report which they either won't know how to do, or will not make it to the original standard.
For example if prepayments didn't exist in first year and the detailed note was deleted, but the second year prepayments existed, the accounts either need to be mapped into other notes or rebuilt.
Suggestion it to have a feature that allows you to hide the note in the report so they do not appear in the published version, but are not deleted. The note numbering (on the face of the balance sheet and in the notes) should also automatically update. This feature would also mean that if a user had accounts that do make up a note they they decide they do not need to include in detail, they can hide it and have the option to turn it back on in future reports as desired.