Individual leadsheets are automatically created for each financial group assigned to one or more accounts in the financial trial balance. Changes to the group assignments in the trial balance, including the addition or modification of sub-group assignments, automatically update the leadsheets.
- If a financial group is not assigned to an account in the trial balance, then a leadsheet is not created for that group.
- If a financial group is no longer assigned to accounts on the financial trial balance, then the leadsheet is automatically deleted.
For consolidated engagements, the consolidated view displays totals for each subsidiary. To view the account detail for a subsidiary, click the arrownext to a subsidiary to expand the subsidiary.
To access a leadsheet for an engagement:
- Click the engagement on the Engagement List page.
- Click on the navigation bar and select Leadsheets , followed by the leadsheet name.
If you are viewing a consolidated engagement, you can also click in the gray navigation bar at the top of the page to move between the consolidated view and the subsidiary views.
The following totals display on leadsheets for a non-consolidated engagement and on the subsidiary view for a consolidated engagement:
- Unadjusted balance
- Sum of adjusted journal entries (AJEs)
- Adjusted balance
- Sum of reclassifying journal entries (RJEs)
- Final balance (current year)
- Final balance (prior year)
The consolidated view for a consolidated engagement does not include the prior year final balance, but does include totals for eliminating journal entries (EJEs) and the consolidated balances for the current and prior years.
|Export||Allows you to export the financial statements to a Microsoft® Excel® workbook. Each financial statement appears on its own tab in the workbook.|
|Subsidiary Setup||Only available in consolidated engagements. Opens the Subsidiary Setup page, where you can add or modify information for subsidiaries.|
Access a Workpaper from the Leadsheet
If you have tagged a workpaper to a leadsheet, you can access it by clicking the workpapers link that appears on the top right of the leadsheet. In addition, if workpaper reference links were added for an account from the trial balance, a blue icon will display next to the Final Balance (current year) column. You can click this icon to open or download the workpaper. See Referencing Workpapers from the Trial Balance for more information about workpaper reference links.
Work with Comments in a Leadsheet
In a Pro engagement, you can add comments to a leadsheet by entering text in the box that displays at the top left of the page. Click into the box and enter the needed text. The text is automatically saved when you click outside the box or navigate to another page.
If you later need to edit or delete a comment, click into the box to make your changes.
If you unassign all accounts from the group, then the comments on the leadsheet will be removed and will not come back with any future account assignments to the group. Leadsheet comments do not roll foward with the engagement.