11.12. Procedure: Include items of other payables in NFP

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Include in Pfn items of other debts

From 18 January 2018 the reclassification form was further enhanced to easily manage even incomplete accounting statements or with missing detailed items.

When the accounting statement used as a source contains both the TOTAL that the detail a SHORT EVENTS and MEDIUM LUNGO EVENTS, the management of the reclassification of the items to be included in Pfn with no anomaly compared to the norm.

Indeed:
• items a SHORT EVENTS they will be reclassified as Short Term Loans
• items a MEDIUM LUNGO EVENTS will be reclassified as Loans a MLT

Both items are present in the block of main reclassification items.

Often the accounting statements NO show both the TOTAL that the detail a SHORT EVENTS and MEDIUM LUNGO EVENTS but only the TOTAL and the DI IN A MLT.

In this case, you need to resort to the reclassification items (necessary to handle some exceptions) placed at the bottom of the list.

The following procedure shows how to reclassify under financial payables, and then into Pfn, some items of the source reclassified as Other Payables in cases where the source presents the Total payables and the MLT, but do not specify the value of short-term payables.

Procedure valid from 18 January 2018

In cases where the source presents the following structure

• Total Payables to Banks: 100
• of which a MLT: 30 mm

Leanus also needs to calculate short-term debts. To do this, the accessory reclassification items are used
• Total Loans
• of which Loans a MLT

In this way Leanus will calculate by difference the value of the debts a SHORT EVENTS which will be equal to 70.

If the user wishes to include in Pfn, for example, an item previously reclassified as Other Payables, it is sufficient to identify it and reclassify it using the main reclassification items, namely:

• Loans a SHORT
• Loans A MLT
  

For operating procedures view the second part of the guide.

PROCEDURE 1 - From Other Payables to Short-Term Loans

To reclassify an item reclassified as Other Payables under Short-term Loans (and therefore include it in the Pfn)
Log in to Leanus
Select the company you want to analyze
Go * Balance Sheet / Balance Sheet Analysis * e (or Balance Sheet for liquidity)
Click on Other payables
Identify the item (s) that you want to reclassify
Reclassify as Loans a SHORT
Click on Update

PROCEDURE 2 - From Other Payables to Loans a MLT

To reclassify an item reclassified as Other Payables under Loans a MLT (and then include it in the Pfn)
Log in to Leanus
Select the company you want to analyze
Plan your trip Balance Sheet / Balance Sheet Analysis (or Balance Sheet for liquidity)
Click on Other payables
Identify the item (s) that you want to reclassify
Reclassify as Loans a MLT
Update

The Balance Sheet for Liquidity is automatically updated in a manner consistent with the changes entered.