Available Buckets for Mapping
Introduction
Manual mapping to specific buckets might be necessary due to variations in how financial data is allocated within partnering software like Class, BGL, etc. Depending on the specific allocation in your software, you might be prompted to manually map line items during the audit process. This will especially occur for each line item if you're using our manual audit job creation option.
Here are the specific line items that might require manual mapping:
Assets
- Cash (Bank and Term Deposit)
- Listed Investments and Managed Funds
- Unlisted Investments
- Real Property
- Collectibles and Personal Use Assets
- Loans by Super Fund
- Receivables
- Taxation Balances
Liabilities
- Payables
Member Entitlement
- Member Entitlements
Income
- Member Receipts
- Realized Gains/Losses and Changes in Market Value
- Rental Income
- Investment Income and Other Income
Expenses
- Expenses
- Member Payments
Manual mapping ensures that the audit process accurately reflects the financial data of the fund, even when software-specific variations exist. It allows for precise and comprehensive auditing, enabling you to maintain the integrity of the audit results despite differences in data presentation across different software platforms.
To learn more about the process, explore best practices, and make the most of our features, please visit our Knowledge Base. Contact our Support team if you need any assistance.
Related Articles
Creating and Processing a Manual Job
Introduction With our latest update, users can effortlessly upload Trial Balance in PDF, CSV, XLSX, and XLS formats. The system automatically stores mapped data at the company level, reducing job processing time. Explore the power of AI-driven ...
Financial Reports
Introduction All Financial Reports of the funds will be available here. However, they defer depending upon the software from which you have imported them. Following are the financial reports of the given accounting software: BGL 360 General Ledger ...
November/December 2017 Release Notes
What's New Welcoming myob AO and SuperMate to the Cloudoffis Family Cloudoffis is now fully integrated with myob AO & SuperMate allowing you to easily connect with your client's funds within this software.As these are desktop versions the process is ...
Process
Introduction The Process is categorized into Assets, Liabilities, Member Entitlements, Income, Expenses, and Review Checklist. All these headings are subdivided into Buckets and they are further divided into Line Items. All of the buckets have their ...
How To Reimport Lead Schedule
Introduction After importing the lead schedule, if there's any information that was added after the import process in the accounting software, this option will help to get that information updated here as well. Follow the steps given below to ...