Introduction
In this article, we will guide you through the Reporting Basics & Setup. It is recommended that you complete the Key Learning Modules and refer to the Key Learning Articles for more guidance and steps.
It is a good idea to have one person responsible for Maintaining Report Packages at a Business level. From a best practice perspective, we recommend this person does the following annually:
- Clone annual report packages - Change the default date range to the next financial year and save it with the Financial Year in the description.
- Update Reporting Defaults - If there are any report settings that users keep changing at a fund level you should update this at the
- Remove old reports- Remove reports that are 3 years or older you may keep 2 or 3 years or report packages but remove any that are older than that annually.
This article includes:
Key Learning Modules
The Key learning Modules for Reporting with Class are listed in the below table and what you learn.
You need to complete the Class Fundamentals Course in order to progress to the below-listed course.
| Module Name | What this Module Covers |
|---|---|
| Reporting Basics |
|
| Running Reports in Class |
|
Key Learning Articles
Links to recommended articles for this section
| Article | What's in this article |
|---|---|
|
This article gives you an overview of all of the Report Types as listed in this table. |
|
| Live Reports (Section) |
Allow you to drill down to the individual transactions that make up balances in key reports. It also includes the Exception that shows potential validation issues.
|
| Single Reports (Section) |
All the indivudual reports that you can specifically configure with your own settings in Reporting Defaults. These are useful to help accountants find specific information or for your accounting/audit workpapers. |
|
A group of single report in the order of your choice. Usually the reports you give to your client like the financial statements. You can include Custom Reports as part of a report package. |
|
| Reporting Defaults | This is where you can choose the default settings for the single reports you wish to generate |
More Resources
Best Practices: Learn More about Best Practice by reviewing the Best Practice Processing article.
Webinar: We don't currently have a Webinar relating to reports but check out what other webinars we have at https://training.class.com.au/webinars/
What's Next?
Check out the next step 5 - Data Feeds to learn about what Data Feeds are and how best to manage them.