Jazzit has released an update for Jazzit Fundamentals for April 1, 2016


Administrators please click on the link for the log of revisions: Jazzit Fundamentals Update Log

Also check out our new video on "Schedule of the Key Performance Indicators"

Thanks to everyone who sent in their feedback to us! The following changes are included in the April 1, 2016 Jazzit Fundamentals update:

CP – Home Menu

  • Updated the 'Structure' dropdown to include the option for PSAB. When selecting this option, the Engagement Report, Balance Sheet, and Income Statement, are automatically set to the correct structure for the preparation and presentation of PSAB financial statements. The Statement of Changes in Net Financial Assets is also available when PSAB is selected.

  • NOTE: This option is only available for the 9 column statements

TC – Table of Contents

BS2 – 9 col Balance Sheet (PSAB)

RP – Engagement Report (PSAB)

IS2 - 9 Column Income Statement (PSAB)

          NOTE: The accumulated surplus (deficit) can either be shown at the bottom of the Statement of Operations, on a separate page, or turned off completely.

IS/IS2 – 2 and 9 column Income Statements

CA/CB/IA – Property, plant and Equipment/Intangible Assets working papers

K4 – Property, plant and equipment notes

KD – Marketable Securities note

SC5 – Property, plant and equipment schedules

IU – Account analysis

  • Added option to program the 5 available periods in the template options area

  • New functionality including rounding warnings, rounding to specific lines using right-click functionality, and switching header lines on/off

MS - JZMW - Market securities working papers

YC – Year-end checklist

  • Added the previously only available Notice to Reader option for custom "Providing client" wording to Audits and Reviews

RL – Representation letter

K5/KG/K9/KV – Debt notes

KO – Generic 2 column notes

EL – Engagement letter

SCRATIO – Key Performance Indicators