How do I add and populate the Related Party note?

The Related Party note will be output if

• there are postings to disclosure codes 4240.01 - 4248.99, and/or
• The ReportPad 'RelatedParties' has been populated

Adding the postings into the memo codes to output a formatted table:

1. Click Disclosure Data From the Quick Links.
2. Open the Related PartyTransactions section.
3. Add in the figures for the relevant related parties.
4. Click Close to save
   

   TIP: Alternatively, you can enter the disclosures in a MEM posting document

To edit the names of the related parties

1. Ensure all client screens are closed, then open the Client Chart of Accounts (CoA)
2. Scroll down and locate the codes you posted to above
3. Enter the name of the Related Party on the main code for that group.
   

   EXAMPLE: If you posted to 4240.01, you would amend 4240.00.

4. Close the CoA
   

   TIP: If your changes to the CoA have not saved, it indicates you have other client specific screens open. For example, the disclosure data screen or trial balance. Please close all screens and redo you changes.

Adding the text into the ReportPad (or creating a text based note without the postings above)

1. From the Quick Links, click ReportPads.
2. Click Note - SOFP.
3. Type 'Relate' - this will open a small search box and locate the RelatedParties ReportPad for you
4. Enter the required narrative in the ReportPad.
5. Close ReportPad.

Related party heading appears with no content

If you have a note heading "Related Parties" but no content in the note, it is likely you have a blank line in the Related Party ReportPad.

To correct

1. From the Quick Links, click ReportPads.
2. Click Note - SOFP.
3. Type 'Relate' - this will open a small search box and locate the RelatedParties ReportPad for you
4. Ensure there are no lines with nothing on them. Any lines with content must have // at the start and any blank lines should be deleted.
   

   TIP: Highlight everything in the ReportPad and press the 'Comment' button at the bottom. This will put // at the start of every line includeing any blank lines highlighted.