Financial Report – Fair Value

Financial Report – Fair Value

Before generating a financial report, it’s essential to ensure that each grant in Qapita has an associated Fair Value (at either the Grant Level or Vest Level, as required by IFRS 2) and a designated Grant Date for Accounting. The Grant Date for Accounting determines the start of the expense recognition period for each award.

By default, this date is set to the award’s grant date. However, if you prefer to begin expense recognition from an earlier point (such as the employee’s hire date), you can customize it here.

To update Fair Values:

Step 1: Select whether you want to update Fair Values at the Grant Level or Vest Level.

You'll see the number of pending grants or vesting tranches listed under Pending for fair value updating.

Step 2: Apply filters as needed—such as Grants From, Grants To, Stakeholder Name, and others—to narrow down the dataset.

Step 3: Click View Data to display the relevant grants or vesting tranches.

Step 4: In the displayed list:

• Edit the Grant Date of Accounting for each applicable entry (if required).
• Enter the correct Fair Value in the corresponding column.

Step 5: Click Update Fair Values to save your entries. The system will now reflect the updated Fair Values.

Alternatively, you can use the bulk upload feature for larger updates. Refer to  Helpdesk:Qapita for step-by-step guidance.