Automatically update the financial reports according to the associated accounting data file.
Updating the Chart of Accounts
If accounts were added to the trial balance, the number of new accounts is displayed:
New accounts must be grouped into the proper financial reports Items.
Note: When an account title is changed in the accounting software, the change will also appear in ExcelFSM if the trial balance includes account numbers. If the trial balance does not include account numbers, ExcelFSM will treat an account with a modified title as a new account.
Updated Reports
Any existing reports in your workbook are automatically updated with the new trial balance data:
•Item balances are updated to reflect the new account balances.
•Totals are then updated according to the new Item balances.