Setting Up AuditWare Chart of Accounts for ALG

Attendance at an “AuditWare Update” or “AuditWare Basics” seminar or the equivalent in experience.

All users should know the basics of how AuditWare computes various amounts listed as accounts in the trial balance of certain fund types and converts them into line items of the financial statements. It is the “magic” behind how all AuditWare products work and is the basis for all future AuditWare products. This seminar will cover the six primary “Setups” which control the creation of basic financial statements, as well as any combining statements which may be active. For primary benefit of ALG product users, the steps in setting up a chart of accounts will also be covered, including steps for overcoming inconsistencies in the chart of accounts. This seminar is vital for new ALG users. For CSD and TSD users, it is an opportunity to “look under the hood” and gain a deeper understanding of how AuditWare works in calculating the annual financial statements.