Template Tools - Disclosure Update (Desktop)

What it is: A Template Tools function that applies outstanding disclosure updates to a client file that were not applied during the Year End Close.

What it's for

When Draftworx releases updates to disclosure wording or structure (to align with changes in accounting standards or legislation), these updates are normally applied automatically during a year-end close. If that step was skipped or if updates were released after the close, this function lets the user apply them at any later point without performing a full year-end close again.

How to do it

1. Navigate to Template Tools on the Annual Financial Statements toolbar.
2. Select Disclosure Update.
3. A list of available updates appears. Select the updates that have not yet been applied.
4. Select Apply All Selected Updates.
5. Read the notice and select OK.
6. Read the second notice and select OK again.
7. The selected disclosure updates are now applied to the client file.

Tip: This is also useful after receiving a Draftworx update mid-year — you can apply new disclosures without waiting for the next year-end close.

Related concepts

• Annual Financial Statements
• Reporting Frameworks

Source

https://draftworx.helpjuice.com/desktop/draftworx-desktop-template-tools-disclosure-update

Walkthrough: https://scribehow.com/viewer/Draftworx_Desktop_Template_Tools_Disclosure_Update__DX095__jJ7aHo2HStuFBGmj63Q2PQ