How to Setup Reporting Code 2 to Use for Separation on the Balance Sheet

1

To utilise these reporting codes, you must first identify the subheadings required within the 'Assets' and 'Liabilities' sections of the Balance Sheet.

For example, to separate Assets and Liabilities into 'Current' and 'Non-Current', the following two codes are required:

Current             (CUR)

Non-Current     (NON)

If you use the code structure suggested above current will print before non-current.

2

Finance > General Ledger > Setup Information > General Ledger Setup

Setup these two reporting codes in Finance > General Ledger > Setup Information > General Ledger Setup on the 'Reporting Codes' tab. The description entered here is what will appear as the subheading on your Balance Sheet

3

Finance > General Ledger > Account & Journal Information > Accounts Grid Entry.

The final step is to attach the appropriate Reporting Code (2) to each Asset and Liability GL code in the Chart of Accounts using the 'Reporting Codes Grid'.