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Switch Frameworks or Working Papers (Cloud) ​

What it is: A function within an existing client engagement that lets you change the financial reporting framework or working papers type without creating a new engagement from scratch.

What it's for ​

Sometimes a client's reporting requirements change mid-year — for example, they may need to move from IFRS for SMEs to full IFRS, or a practice may realise the wrong working papers were selected when the engagement was created. This function allows a switch without losing the client's other setup information. Credits are adjusted based on the price difference between the old and new selection.

Important: Switching will replace the Annual Financial Statements or Working Papers. Any work already completed in the AFS or Working Papers will be lost. Ensure this is the right course of action before proceeding.

How to do it ​

Switching the framework ​

  1. Open the client engagement and select Client Setup.
  2. Select Switch Framework / Working Papers.
  3. Select the Framework Dropdown and choose the new framework.
  4. A pricing confirmation pop-up will appear. Review the credit adjustment and select OK.

Switching or adding working papers ​

  1. In the same Switch Framework / Working Papers screen, select the Working Papers Dropdown.
  2. Choose Add Working Papers (to add a new type alongside the existing) or Switch Working Papers (to replace the current type).
  3. Confirm the credit adjustment in the pop-up and select OK.

How credits are adjusted ​

  • If the new selection costs the same as the current one: no credits are deducted.
  • If the new selection is more expensive: the difference is deducted from your balance.
  • If the new selection is less expensive: a refund of the difference can be requested from Draftworx.

Source ​

https://draftworx.helpjuice.com/en_US/cloud/draftworx-cloud-switch-frameworks-working-papers

Walkthroughs: