Enter beginning balances for each asset, liability and equity account as needed. In most cases revenue and expenses begin the year at zero. Typically these balances are entered just once when you first begin using Procare. In subsequent years you’ll use the Calculate
feature to determine beginning balances.
It’s important to have correct beginning balances in order to get meaningful financial reports. Please contact your accountant for help in this area. ... read article
Created on 9/15/2010 3:03:33 PM