Account groups and Tax Account Groups

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Statutory Reporter uses Account Groups and (NZ) Tax Account Groups to determine which account balances to display in each section of the financial statements and which notes to include by default.

(NZ) Tax Account Groups are used specifically for Tax Integration (IR10).

Account groups allow modification of the contents of a report without modifying the report definition itself. This means that the same Master Level Report Definitions can be used to generate reports for a variety of client charts.

For example, if the Balance Sheet > Assets and Liabilities > Assets > Current Assets > Cash and Cash equivalents account group contain any accounts with non-zero balances, these account balances will be included in the Current Assets section of the Balance Sheet, as well as the Cash and Cash Equivalents Note. In addition, the Cash and Cash Equivalents accounting policy note will be displayed in the Statement of Significant Accounting Policies.

This example is an AU system but can be used for NZ. NZ systems may have some differences.

	Field / Function	Description
A	Chart of Accounts	Displays a list of accounts in the client ledger for mapping to Account Groups
B	Display accounts filter	Select to display all accounts, unallocated accounts, or duplicate accounts only.
C	Hide/Show Chart of Accounts	Toggles the display of the far left column. Clicking Hide Chart of Accounts hides the Chart of Accounts column, clicking Show chart of Accounts causes this column to reappear.
D	Allocate to group	Allocates the selected account(s) in the Chart of Accounts panel to the selected Account Group folder in the right-hand pane.
E	Include zero balances	Select to display accounts with a balance of zero in the Chart of Accounts panel.
F	List Account Allocation	Generates a text file (.TXT) listing account codes and descriptions for all accounts, and which account group(s) they have been allocated to.
G	Allocated	Displays "Yes" if account has been allocated to an account group and "No" if the account has not yet been allocated to a group.
H	Account Group Details	Displays all Account Group folders and the account code range(s) allocated to each Account Group folders.
I	Search for an account group	Enter all or part of an account code or name to locate the account
J	Accounts allocated to the selected group	Displays a list of accounts (or range) allocated to the selected account group.
K	Display account codes/range	Select to display accounts allocated to the account group by individual account codes or by an account range (e.g. 300:470 instead of 300, 301, 302, 303 ... 470).
L	Edit Range Setting	Opens the Range Settings window. In this window you can choose to separate account balances by Debits or Credits. For example, all accounts in range 680:683 with a debit balance will display under Current Assets in the balance sheet. If any accounts in range 680:683 have a credit balance, the account will appear under Current liabilities in the Balance Sheet.

Related topics

Accessing account groups

Account Groups/Tax Account Groups window

Configuring account groups

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