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Program Description:
This program allows you to set up several different versions of your Financial Statements.
This is the menu program for Financial Statement setup.
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Program Operation:
Enter a financial Statement code. This is the code you will use to set up and print this set of financial
statements (For example you could have a code: MGMT for the Managerial Financial Statements, a
code FINL for the statements available to outsiders, and a code STMTC for Statement of Changes).
Then enter a short description of this version of the statements. Then enter the number to display. The
valid numbers are: (T)o-date balance or (N)et change in period (ie., Statement of Changes).
After entering the code, you can select a program to set up and process the Financial Statements.
Note: The Financial Statements refer to a COMPLETE set of statements utilizing ALL of the accounts in the chart of accounts. The statements might contain an Income Statement, Statement of Retained Earnings, and a Balance Sheet. Or it might contain a Statement of Changes in Financial Position.