How to sign off on financials

Introduction

Ensuring financial statement accuracy is vital. We've added a new Sign-off feature to Sorted Pro’s Workflow, making it easier to track who has approved financials. Now, the person approving/signing off the financials can simply check the Sign-off checkbox. This action will display an audit trail in the Statement of Financial Position and Operating Statement, and these details can also be viewed when downloading the Sorted Work Paper file. You can conveniently monitor the sign-off status right from the dashboard. With Sorted Pro’s latest feature, tracking approvals is seamless. 

How to sign off on financials:

Step 1: Navigate to the Job Dashboard.

Step 2: Locate the Sign off Pending label.

Step 3: Click on the Statement of Financial Position or Operating Statement.

Step 4: Check the Signed Off checkbox.

Step 5: The signer's name, date, and time will be recorded in the Sorted Workpaper File.

Step 6: The Job Dashboard will reflect the updated status as Signed Off.

Ensure accuracy, accountability and smooth financial management with Sorted Pro's new Signed Off feature!

To learn more about the process , explore best practices, and make the most of our features, please visit our Knowledge Base. You can also check our FAQ section for answers to common questions, or contact our Support team if you need any assistance.

• Related Articles

• Downloading & Reviewing the Sorted Workpaper File

  Introduction This article will showcase how to download the Sorted Workpaper files with supporting documents all in one single PDF file which will help to ease the review and storage of it. The Sorted Workpaper file will now be generated into a ...

• How to efficiently Review with SMSF Sorted

  Introduction In the dynamic world of SMSFs, staying organised and efficient is important. For reviewers using SMSF Sorted, a well-structured workflow can make all the difference in ensuring a thorough review of financial data and associated ...

• SMSF Sorted Release 2.5

  Release Contents New in SMSF Sorted 2.5 We have introduced an exciting new financial workpapers feature to SMSF Sorted. As part of this initial release, workpapers will be available for Property, GST reconciliation, and Tax reconciliation These will ...

• SMSF Sorted Release v3.5

  Introduction We are happy to announce the latest SMSF Sorted release v3.5. This release covers below important topics: Prepared By & Reviewed By Checkbox Selection at Heading Level We have enabled the selection of the Prepared By and Reviewed By ...

• SMSF Sorted Release v3.1.5

  Creating Jobs in Bulk: The bulk jobs feature allows users to create jobs of a financial year for multiple clients in one go. Users can select 50 clients at a time and create the jobs for them with just a few clicks. One of the best part of this ...