Cimplico Workpapers is built around the core stages of compliance work - preparation, review and certification. This article runs through the main feature areas of Cimplico Workpapers.
Cloud-based platform
Cimplico Workpapers runs entirely in your browser. It isn't a plug-in or add-on to Excel or another program - there's no separate file or system to work on. Work from any device, with changes visible to the rest of the team immediately.
Trial balance and worksheets
The trial balance is the leadsheet for annual compliance jobs. Each account on it links through to a worksheet, which is where evidence, calculations and reconciling entries are added. Internal comments, checklists and reviews are all managed from the same place, so there's no separate screen to navigate to for each one.
Integrations
Xero. Import entities and pull trial balance data directly from Xero.
FYI. Link documents held in FYI to a workpaper, so files stay in your document management system.
Atosa. Import ATO date directly into Calculations through our Atosa integration.
Calculations
A library of more than 100 pre-built calculations covers common Australian tax and compliance work, including company, trust and partnership tax reconciliations, FBT, and PAYG instalments.
Inter-entity reconciliations
Map related-party balances — such as loans, dividends and distributions — between entities, and Cimplico Workpapers checks they reconcile within the workpaper.
Carry forward
Roll prior period workpapers into the current period, bringing forward balances, procedures and structure so nothing needs rebuilding from scratch each year.
File management
Store and organise files hierarchically across workpapers and entities, or bring documents in directly from FYI. Preview files in-browser without downloading them first.
Journals
Draft, review and post journals directly from the workpaper. If the entity is connected to a ledger such as Xero, a posted journal goes straight back to that file — there's no separate step to update the client's ledger. Posting permissions are role-based, so a firm can allow preparers to draft journals while restricting who can post them back to the client file.
Customisable procedures and checklists
Build firm-level templates that apply consistently at both job level and worksheet level.
Control checks and audit trail
Control checks stop a workpaper being finalised while items are outstanding. Every action is recorded in a detailed audit trail.
Workpaper dashboard and insights
Monitor progress firm-wide, with breakdowns by group or entity, so blockers and approaching deadlines are visible before they become a problem.
Collaboration and communication
Tag team members, add internal comments and draft client queries from directly within a workpaper.