Hi there,

I hope you had a great break and are excited to be back to work (well, as excited as you can be!). The product team are refreshed and ready to tackle another year of awesome updates💪🏻.

Starting things off, this January we pushed the following updates:

• Draft Journals + Tax Rates for Xero entities
• Modified certification functionality
• Cash or accrual trial balance
• Disable the trial balance for non-compliance jobs

⚡️ Draft Journals + Tax Rate

Starting off with one of our biggest updates!

1️⃣ Draft Journal Preview: Now you can see the impact of your draft journals on the worksheet!

2️⃣ Tax Rate Integration for Xero Entities: ou can now add tax rates for Xero entities when creating journals.

Check out the full post on Draft Journals + Tax Rates here: Draft Journals + Tax Rates Breakdown

🛠️ Modified Certification Functionality

One of the main value propositions of Cimplico Workpapers is its superior control & governance over traditional excel-based workpaper solutions.

Our Certification process is one of the flagship control mechanisms. Feedback from users said it could be better - and we agree!

We've now updated the certification functionality to allow higher roles to certify on behalf of lower roles!

e.g. A Reviewer does not have to wait for a Preparer to certify!

⚖️ Cash or Accrual Trial Balance

Wanting to produce workpapers on a Cash basis rather than Accrual? Easy!

When creating a workpaper, simply toggle to Cash or Accrual, or update this in the workpaper settings at any time!

We've also added the accounting basis as a narration from the Trial Balance screen.

😮 Disable Trial Balance for Non-Compliance Jobs

Have you been wanting to do ITR or other non-compliance jobs that don't require a trial balance? No sweat now!

When creating a workpaper, you can now toggle the trial balance off to skip the requirement to provide one!

A manual trial balance can be uploaded at any time after creation if you would like.

👋 That's all for now, see you next month!

After our support documentation? Check out our in-depth learning articles.

Check out our website to see some of our other products & services!