How do I Round Balance Figures to Thousands?
The Financial
Statements gives the user the ability to round the balances to the nearest
dollar, thousand (1,000s) or million (1,000,000s).
Procedure:
Step 1: Select the Global Setup tab |
from the Balances area > select 1000’s from the dropdown
list.
Step 2: Click the "Titles and
Terms" button, ensure
the Column Header is set to 000’s for thousands and
Click OK.
Step 3: A Settings for Reports dialog will appear. Ensure all settings in this window is
set to default and Automatic CaseView Rounding is set to None. This will avoid a
double rounding error for the Financials. Click OK.
The Financial
Statement will look like this.
Step
4: Currency symbols can
also be amended by selecting the Display icon.
Note
Rounding should be applied to
the financial statements just after the initial generation.
The rounding unit will round
all automated balances from the working trial balance automatically.
However, all manually adjusted balances will need to be adjusted.
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