Account Number and Name

This field displays the number and name of the account.

Current Balance

This field displays shows the current balance of this account.

If this is an asset, liability or equity account, the amount shown here is the value of the account. If this is an income, expense, cost of sales, other income or other expense account, the amount shown here is the total of all activity with the account since the beginning of the current fiscal year.

If you want to view more information about the account balance, click the zoom arrow. The Find Transactions window will appear, listing the transactions that make up the current balance.

If you're viewing the equity account named Current Year Earnings, the current balance displayed is your company's year-to-date profit or loss amount.

Current FY column

For this account, you can add or change monthly historical balance for any month in the current fiscal year prior to the conversion month. Months after the conversion month display balances based on the transactions totals. The current month's totals update whenever the account is included in a new transaction. The annual total displays below the monthly totals.

If you'd like to use a calculator, select the plus sign ("+"), the asterisk ("*"), the equal sign ("=") or the space bar on your keyboard to launch the Calculator window.

Last FY column

For this account, you can add or change monthly historical balance for any month in the previous fiscal year prior to the conversion month. The annual total displays below the monthly totals.

If you'd like to use a calculator, select the plus sign ("+"), the asterisk ("*"), the equal sign ("=") or the space bar on your keyboard to launch the Calculator window.

New button

Click this button to begin creating a new account record.

Budgets button

Click this button to open the Prepare Budgets window where you can create monthly budgets for all detail accounts.

OK button

Click this button to accept the entries you've made and close the window.