Balance Sheet Schedules

From the 'Transaction' menu, select "Schedules - Balance Sheet" to make the various schedules which are attached with the Balance Sheet. From the sub menu choose :

• • "Share Capital" to fill in information about the authorised, subscribed, paid up and called up share capital etc.

  • "Reserves and Surplus" to fill in information about the various reserves and surpluses of the company.

  •  "Secured Debt" to fill in information about the secured loans taken by the company such as debentures, secured term loans.

  • "Unsecured Debt" to fill in information about the unsecured loans taken by the company.

  • "Fixed Assets"  to fill in information about the fixed assets of the company and relating information. It has further been divided into four parts.  

  • "Fixed Asset Classification" to fill in information about the accumulated depreciation, amortization etc. on the fixed assets held. It has further been divided into four parts.

  • "Investments" to fill in information regarding the investments held  by the company.

  • "Sundry Debtors" to fill in information regarding the debtors of the company.

  • "Cash and Bank Balance" to fill in information about the cash and bank balances.

  • "Inventories" to fill in information about the stock.

  • "Other Current Assets" to fill in details about the other currents assets of by the company.

  • "Loans and Advances" to fill in information about the loans and advances given by the company to its subsidiaries, employees, directors etc.

  • "Current Liabilities" to fill in information regarding the liabilities to be met within a year.

  • "Provisions" to fill in information of the various provisions made by the company.

  • "Miscellaneous Expenditure Not Written Off" to fill in information of the miscellaneous expenses which have not been written off as on the date of balance sheet.  

  • "Additional Details" to fill in information regarding deferred tax liability, deferred tax assets, breakup of equity capital etc.

Details of the previous year and current year are to be entered and if the details entered do not match with the given standards, a pop up will be displayed. Using the small icon near the text box, a footnote regarding the details filled in can be entered. The "Add Record" option can be used to add multiple information. By using the "Print" icon on the upper right corner of the screen, a print out of the information entered can be taken.

Click on "Save" to proceed further.