SimplyFS 1.0

SimplyFS is designed to be used with Versions 7.x and 8.x of Accpac Internationals Simply Accounting software.The program prints financial statements using the Simply Accounting data in a format that is appropriate for "Notice to Reader" or "Compilation" engagements. The program allows you to group accounts together and present the total of those groups on the financial statements. The group descri`ptions that appear on the financial statements are editable by you in this program, so even if you only put one of the clients accounts in the group, you can modify the descri`ption to suit external presentation. The program also allows you "flip" accounts with negative balances. For example, setting the flip property on the Cash group will automatically present it as a current liability when cash is in a negative position (i.e. bank is overdrawn) -- this happens without you having to make any entries in Simply Accounting! See Flip for more details on how this feature works.The printed financial statements include the Notice to Reader, Income Statement, and Balance Sheet.