In v6.0 or later, you can use the built-in calculator in the Financial Statement Suite. FSS is a paid add-on module designed to review and document financial statement procedures, increasing the quality of your work while boosting efficiency. It can automatically perform checks like Mathematical Accuracy, Internal Consistency, and Prior Year Consistency on the whole document.
Prerequisites
v6.0 or later
Financial Statement Suite add-on module
About the built-in calculator
Use the built-in calculator in the Financial Statement Suite to quickly verify numbers and spot errors in your financial statements. Next to the auto-sum function, you can add, subtract, multiply, divide, and check for the percentage deviation between two numbers. The calculator lets you perform complex calculations and ensure accuracy and efficiency in assessing your financial statements.
Video tutorial
What the video covers
The video shows where to find the built-in calculator in FSS and how to snip a set of balances to check sums, subtractions, multiplications, divisions, and percentage deviations.
Step-by-step guide
Click Financial Statement Suite (FSS) in the DataSnipper ribbon.
The standalone FSS window opens. You can use an already created project and continue from there, or click Start a new tick and tie and import your annual reports.
You will find the built-in calculator in the top right corner of the Financial Statement Suite.
To start using it, snip over a set of balances within the financial statement and use the calculator to check the math on the sum, subtraction, multiplication, division, or percentage.
The built-in calculator also lets you add or delete a minus symbol on one of the balances, which could have been misinterpreted by the OCR functionalities.
To learn more about the procedures you can perform with the Financial Statement Suite, see How to document a Financial Statement procedure with Financial Statement Suite.