How do I rename a Statement Area within Financial Statements?

How do I rename a Statement Area within Financial Statements?

Procedure:
Any statement or report can be renamed within the Financial Statements.
An example of where this might be relevant is in relation to the Balance Sheet.  Under the revised AASB 101 standard, the Balance Sheet is now to be called the Statement of Financial Position.  However, the standard also permits the use of other titles.  If you still wish to call this statement a Balance Sheet, see below for how to do this.
 
Open the Financial Statements and complete the following steps:

Step 1: Go to the statement that you want to modify the name.

Step 2: From the ribbon select the Context Sensitive tab (e.g. Balance Sheet tab).

Step 3: Select the alternative name from the drop down box, or type in your preferred name.


 

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