How to create a Mathematical Accuracy (MA) Suggestion in FSS

In DataSnipper version 6.1 and later, you have the ability to create Mathematical Accuracy (MA) Suggestions with MA Suggestions Editor.

About MA Suggestions Editor

Ensure accuracy in your financial statements with our MA Suggestions Editor. When the Financial Statement Suite doesn’t capture all totals or correctly identify every part of a sum, you can step in. Simply create your own MA suggestions and define their context items. Plus, once you start working on a new version of the financial statement, the created tickmark will also transfer to the next version.

About Financial Statement Suite

Financial Statement Suite (FSS) is a separate paid DataSnipper Add-on module. FSS automatically analyzes your financial statements and helps to both perform and document all financial statement procedures extremely fast, while relying on your judgment – improving standardization and the overall quality of procedures. Plus, once you start working on a new version of the financial statement, the created tickmark will also transfer to the next version.

Prerequisites

• DataSnipper version 6.1 or later
• Financial Statement Suite Add-on Module

Choose your Financial Statement Suite version:

👉 DataSnipper version 25.1 and later

👉 DataSnipper version 6.1

DataSnipper v25.1 - Creating a Mathematical Accuracy Suggestion

Step-by-step guide

1. Begin by clicking the Financial Statement Suite button in the top right-hand corner of the DataSnipper tab within Excel.
   1. Alternatively, you can launch FSS directly from your desktop by creating a shortcut or pinning it to your taskbar for easy access. You can also open an existing project you've already started working on.
2. Financial Statement Suite will open in a new window. You can import an existing tick and tie project from your desktop with the ‘Import Project’ option.
3. You can also click on the blue button to Start a new tick and tie.
4. Import your current (and prior year) version(s) of your financial statement to start the tick & tie.
5. Once you have opened your project, you will see this overview page, including all the tests you can perform in FSS (Mathematical Accuracy, Internal Consistency, Spell Check, Prior Year Consistency and Version Compare).
6. Click on the Mathematical Accuracy tab to open up the Mathematical Accuracy left-side panel.
7. DataSnipper automatically places suggestions of valid totals and errors. By hovering over the numbers, you can quickly analyze the suggestions and place tickmarks.
8. If you identify that a suggestion is missing, you can add it yourself.
9. Click on the sum, and then click ‘Create Suggestion’.
10. Drag your cursor over the numbers that you want to include in the calculation to verify its mathematical accuracy.
11. Click ‘Finish’.
12. You have successfully added a new mathematical accuracy suggestion.
13. Once you start working on a new version of the financial statement, the edited tickmark will also transfer to the next version.
    
    

DataSnipper v6.1 - Creating a Mathematical Accuracy Suggestion

Video Tutorial

Step-by-step guide

1. Begin by clicking the Financial Statement Suite button in the top right-hand corner of the DataSnipper tab within Excel.
2. Select the current and prior year versions of your financial statement to start the tick & tie.
3. DataSnipper automatically places suggestions of valid totals and errors. By hovering over the numbers, you can quickly analyze the suggestions and place tick marks.
4. If you identify that a suggestion is missing, you can add it yourself.
5. Click on the sum, and then click ‘Create Suggestion’.
6. Drag your cursor over the numbers that you want to include in the calculation to verify its mathematical accuracy.
7. Click ‘Finish’.
8. You have successfully added a new mathematical accuracy suggestion.
   
9. Once you start working on a new version of the financial statement, the edited tickmark will also transfer to the next version