User can use Account Schedule to create Balance Sheet and Profit & Loss Statement that fit their use.
To create new Account Schedule | ||
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1 | Go to Account Schedule than click [New] to create a new account schedule name. | |
2 | Then input related fields. Name, Description and Default Column Layout. For default Column Layout, user can use system's sample layout. Choose M-BALANCE for Balance Sheet and choose M-NETCHANGE for Profit & Loss Statement. | |
Choose Edit Account Schedule | ||
Choose Insert > Insert G/L Accounts | ||
Select the G/L Accounts to be inserted, then click OK. For example, Balance Sheet only includes Balance Sheet G/L Accounts. | ||
For Balance Sheet, user will need to add a row to include current year's Profit & Loss figures. For Totaling Type column, choose Posting Accounts. Under Totaling column, input Profit & Loss G/L Accounts. | ||
For Totaling Type most commonly use are:
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