Combining current and non-current notes

To combine current and non-current notes:

  • Click Reports > Options > Setup
  • Select Combine notes by class:
    • Yes - Without total or;
    • Yes - With total

 

Click here to see which notes will combine. There is no option to 'pick and choose' pairings.

 

 

Include derivatives in one note

To include derivatives in one note:

  • Click Reports > Options > Setup
  • Switch Placement - Include derivatives in one note to On
  • The financial position notes for derivatives will turn off (they can be turned back on via Sections > Notes)
  • A new note named Derivative financial instruments will appear and show all balances

 

 

Additional wording

Additional wording applicable for the following 5 notes: 

 

  • Current assets - derivative financial instruments
  • Non-current assets - derivative financial instruments
  • Current liabilities - derivative financial instruments
  • Non-current liabilities - derivative financial instruments
  • Derivative financial instruments


In order to protect against exchange rate movements, the consolidated entity has entered into forward foreign exchange contracts to purchase foreign currencies.

 

Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently remeasured to their fair value at each reporting date. Movements in the fair value are recognised in the statement of profit or loss and other comprehensive income, as they do not qualify for hedge accounting.