Entering Balance Sheets for a Small Business Application
The
Balance Sheets sub-pane appears under
Business Financial Details in the
Create Application page for small business applications.
- Enter the details in the fields provided under Current Assets, Non Current Assets, Current Liabilities, Long Term Liabilities, and Business Expenses.
- (Optional) Use the additional tabs on the Balance Sheets pane to enter the balance sheets for the previous two years.
- (Optional) Use Move to liabilities to move the Retained earnings field under Business Expenses. You can use Move to Assets to move the Retained earnings field back to Non Current Assets.