Journaling tool

Init/Opening balance

Assets
PP&E
Accumulated Depreciation
Current assets
Inventory
Accounts Receivable
Cash
Total Current Assets0.00
Total Assets0.00
Equity and Liabilities
Equity
Share Capital- Ordinary
Retained earnings
Total Equity0.00
Non-current Liabilities
Bank Loan (Long Term - IBD)
Current Liabilities
Accounts Payable
Bank Loan (Short Term - IBD)
Total Current Liabilities0.00
Total Equity and Liabilities0.00

Journaling


TransactionDateItemDr.Cr.

Journal entries

Select item:

Enter date:

Enter amt:

Manual inputs for income statement

As of (31.X):

Override: Depreciation (per year):

Override: NET Interest paid:

Transfer Net Income to Retained Earnings?


Add adjustment:

Adjustments:

TransactionDateItemDr.Cr.

Income statement as of 31.

PostValue (pre adjustment)Value (after adjustment)
Sales revenue0.000.00
Cost of goods sold-0.00-0.00
Gross profit0.000.00
Salaries and Wages Expense-0.00-0.00
Rent Expense-0.00-0.00
Depreciation Expense-0.00-0.00
Insurance Expense-0.00-0.00
Income from operations0.000.00
Interest Expense-0.00-0.00
Net Income0.000.00

Financial Position as of 31.

Assets
Property, Plant and Equipment0.00
Accumulated Depreciation -0.00
Net PP&E 0.00
Current assets
Prepaid Insurance0.00
Inventory0.00
Prepaid Rent0.00
Accounts Receivable0.00
Cash0.00
Total Current Assets0.00
Total Assets0.00
Equity and Liabilities
Equity
Share Capital- Ordinary0.00
Retained Earnings (deficit)0.00
Total Equity0.00
Non-current Liabilities
Bank Loan (LT)0.00
Current Liabilities
Bank Loan (ST)0.00
Accounts Payable0.00
Interest Payable0.00
Total Current Liabilities0.00
Total Equity and Liabilities0.00