Enter data into the loading
screen data cells (the grey cells are self totaling and do not require data
entry). Detailed information can be entered in the detailed window by clicking
the + sign nest to the relevant row.
If unsure which numbers go into which cells go to Loading
Screen
Ensure your balance sheet balances
Total assets = Total liabilities +
Equity
The difference row shows zero if balanced.
Also
Retained earnings (per the Balance Sheet) for the CURRENT
period = Retained Income per the income
statement CURRENT period + Retained income per the Balance sheet PREVIOUS
period). This is automatically calculated. Check to see if the calculated
number agrees with your current period retained income per the balance sheet.
Opening Retained Earnings
Your balance sheet requires the value of the opening
retained earnings for the first
period of data entry.
The only way to enter the opening retained income is to
click the + sign on retained earnings
If you have adopted
the oldest period first you must enter the opening retained income in the
newest period
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