The Accounting Rules Report

Accounting rules are the tests which Mamut Validis applies to your accounting data to examine the basic logical accounting principles that should be evident in your accounts. These are designed to ensure that your financial statements are properly constructed, and that only expected behaviour is recorded for each transaction. Examples might include checking that an account closes in the correct position; checking that purchase and sales transactions are recorded in the correct accounts; and ensuring that there are no unexpected debit or credit entries in accounts where there should not be. Mamut Validis reports any breaches of these rules as potential anomalies and groups them according to the relative importance of the rule.

The Accounting Rules report shows:

The value of all transactions that break the accounting rules, grouped by the importance of the rule; available as a chart or as a table.
The number of different accounting rules broken, grouped by the importance of the rule; available as a chart or as a table.
A list of the transactions identified as potential anomalies, for each rule; with the most important at the top.

How to view the Accounting Rules report

To view potential breaches of accounting rules in your accounting data, follow the steps described below.

From the left-hand menu of the summary page, click Data Analysis - Summary Analysis - Accounting Rules. Alternatively, click directly on the See full results link in the Accounting Rules box. The Accounting Rules screen is then displayed.

For the Value of accounting rules broken and the No. of accounting rules broken boxes, in the upper part of the screen, you can switch between a table view and a chart view of the results by selecting the appropriate buttons.
..View Chart/View Table: To view details of the underlying transactions, click on the buttons in the table shown in the lower part of screen.

You can now view the accounting rules report of your accounting data.

Note! When you first expand a rule, a list of the periods in which potential anomalies occur is displayed. A further expansion displays a list of the transactions that have been identified by Mamut Validis as being in breach of the rule.