This article assists users in the Setup phase of Active Workpapers.
A 'Source' is where the financial information is being imported from into Active Workpapers. Linking a source to a binder can be performed during binder setup using the Start Up Wizard.
If you have not yet created your workpaper binder, see the knowledge article: How to create a binder.
Choosing the best source type
Active Workpapers allows many different source types to be used. Linking the most appropriate source type for your situation is extremely important.
There are two fundamental methods to understand:
1. If your firm uses both Active Ledger & Reporting and Active Workpapers, it is important that you connect your Active Ledger & Reporting file as the source of your binder. This is to ensure that any changes made in Active Ledger will be reflected in your binder, and vice versa. See the knowledge article: How to link an Active Ledger source to a binder.
2. If your firm uses Active Workpapers only, then you can choose one of two options:
- Cloud Source (Xero, MYOB, QBO, Class etc). Use this source when your client has a Cloud accounting file that you have access to. See the knowledge article: How to link a cloud source to a binder (Xero, MYOB, etc).
- Excel Source. Use this where your client provides trial balance information from their accounting system. See the knowledge article: How to link an Excel source to a binder (third party solution).
Next article: What is a record?