Step 1: Access Balance Sheet Templates
Step 1: Access Balance Sheet Templates
From your GATHER.nexus dashboard, go to Group Financial Reporting → Group Reporting Template.
Step 2: Review Existing Templates
Step 2: Review Existing Templates
Your dashboard lists any existing P&L or Balance Sheet templates.
New users will see an empty list ready for setup.
Step 3: Create a New Template
Step 3: Create a New Template
Click Add GRT (top right).
Select the Balance Sheet tab.
Enter Template Name (e.g., “Group Balance Sheet” or “IFRS Position”).
Choose the Group it applies to.
Select one of the three setup methods.
Option 1: CSV Import (for existing Balance Sheet structures)
Go to Group Financial Reporting → Group Reporting Template and click Add GRT.
Select Balance Sheet and choose Import from CSV.
Download the sample CSV to see required columns and hierarchy. Typical columns: account code, account name, parent/group, classification (current/non-current), and order.
Prepare your file following the sample format (Assets, Liabilities, Equity). Use consistent account numbering if you have it.
Upload via Browse or drag & drop, then click Create & Setup.
Confirm import results (the system shows how many accounts were created).
Edit imported lines if needed: change labels, reorder, or hide accounts.
Click Update & Map Account when you’re satisfied.
Option 2: Industry Standards (GAAP / IFRS scaffold)
From Add GRT, choose Balance Sheet then select Industry Standards.
Preview available templates (e.g., IFRS) to inspect sections and level of detail (current vs non-current assets/liabilities, equity breakdown).
Select the template and click Create & Setup.
The template loads with a standard hierarchy. Review and modify categories to match your reporting needs (add or hide lines, adjust labels).
Save via Update & Map Account.
Option 3: Manual Creation (full custom structure)
From Add GRT, choose Balance Sheet then select I will create Group CoA manually and click Create & Setup.
You’ll start from a basic framework (Assets / Liabilities / Equity). Add sections or subgroups as needed.
Use the management controls to: add a line, edit account details, set parent/child relationships, and reorder the hierarchy.
Build industry- or region-specific categories, and name values clearly for management reporting.
When finished, click Update & Map Account.
Need help? Visit gather.nexus, click the chat icon in the bottom-right corner, or email us at [email protected] for assistance.