Setting Up the Financial Reporting Module

Setting Up the Financial Reporting Module

To begin generating financial expense reports in Qapita, follow the setup steps below to configure the necessary inputs. These steps ensure your reports comply with accounting standards and reflect your organization’s reporting preferences.

Step 1: Configure Compensation Cost Settings
Define your accounting logic and assumptions such as valuation methods, amortisation approach, forfeiture treatment, and calculation basis.
→ Refer to: Helpdesk : Qapita 

Step 2: Update Fair Value for Each Grant
Ensure each grant or vesting tranche has an accurate Fair Value and a Grant Date for Accounting.
→ Refer to: Helpdesk : Qapita 

Step 3: Input Historical Costs (if applicable)
Add previously recognized expenses from earlier periods for reconciliation and audit completeness.
→ Refer to: Helpdesk : Qapita 

Step 4: Create a Financial Report
Once all inputs are in place, you're ready to generate the actual report for your selected period.
→ Refer to: Helpdesk : Qapita

Prefer a visual guide?
Check out the full walkthrough video here:
Video: Financial Reporting for Option Awards