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All Accounts
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Account Type Inventory
Code A unique code/number for this account (limited to 10 characters)
600
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Name A short title for this account (limited to 150 characters)
Fictional Bank
Description (optional) A description of how this account should be used
Tax The default tax setting for this account
BAS Excluded
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Profit & Loss
Income Revenue Sales
Less Cost of Sates Direct Costs
GROSS PROFIT
Plus Other Income Other Income Less Expenses Expenses Depreciation Overheads
NET PROFIT
Balance Sheet
Current Assets Current Assets Inventory Prepayments Plus Bank Bank Accounts Plus Fixed Assets Fixed Assets Plus Non-current Assets Non-current Assets
TOTAL ASSETS
Less Current Liabilities Current Liabilities Less Non-current Liabilities Liabilities Non-current Liabilities
NET ASSETS Equity Equity Plus Net Profit
TOTAL EQUITY
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okumar Talati –
11:49 AM 15I
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