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Connecting to the Kysu PSA Applications database.
Connecting to the Kysu PSA Applications database.
Enter your unadjusted trial balance, post adjusting entries, and the sheet carries every account to the income statement and balance sheet. Net income and balance checks update as you type.
| Trial balance | Adjustments | Adjusted trial balance | Income statement | Balance sheet | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. | Account | Type | Debit | Credit | Ref | Debit | Credit | Debit | Credit | Debit | Credit | Debit | Credit |
Type amounts in the Trial balance and Adjustments columns; everything to the right is calculated. Tag both sides of each adjusting entry with the same letter in Ref, then describe it under Adjustment notes. Account Type decides whether a balance flows to the income statement or the balance sheet. Press Enter to move down a column.
Financial statements
Financial statements are built from your worksheets. Create a worksheet on the Worksheet tab and its statements appear here.