Issue
How do I make an adjustment to Note #1 Statement of Significant Accounting Policies in Notes to the Financial Statements, for a particular fund?
Resolution
To resolve this issue:
Step 1: Download the current Template
Step 2: Update the Template in Microsoft Word
Step 3: Upload the new template to Class
Step 1: Download the current Template
Navigate to the Fund level > Reports > Run Reports
- Select Notes to the Financial Statements
- Enter the report date
- Select output format as "RTF/Word"
- Click on Run
Step 2: Update the Template in Microsoft Word
Notes to the Financial Statements will be downloaded to your computer in Word format
- Open the Word document
- Make adjustments to Note# 1 in this document
- Save it
- Copy Note#1
Step 3: Upload the new template to Class
Navigate to the Fund level > Reports > Run Reports
- Select Notes to the Financial Statements
- Enter the report date
- Click on Edit Notes Contents button to Note#1 parameter
- From the pop-up screen, paste the updated template
- Click on Save
If the new template should apply to the whole business, process these steps at the Business level > Reports > Reporting Defaults
This process is not revocable. If, in the future, Class updates the Note #1 template it will not be updated for your business. You will need to ensure you update Note #1 with any changes.