You can either Include or Exclude the following sections:

• Revenues on the Start Up Expense Schedule.
• Fixed Assets on the Beginning Balance Sheet.
• Long Term Assets on the Beginning Balance Sheet.
• Current Liabilities on the Beginning Balance Sheet.
• Long Term Liabilities on the Beginning Balance Sheet.

• Company Name
• Plan Begin Date
• Start Up Schedule
• Beginning Balance Sheet

The Expense Schedule's date is 'For the Period Ending [Plan Begin Date] - 1 day' and the Beginning Balance Sheet Date is 'As of [Plan Begin Date]'.

Note: The Beginning Balance Sheet Date is set to the date that was entered on the set up panel and the Start Up Schedule's date is set to 1 day prior to what was entered.

Titles are set in the start up section. The date is 'For the period ending [date]' where [date] is 1 day prior to the date you entered in the plan begin date or if you left the date field blank then there will be no date on the Start Up Schedule or on Beginning Balance Sheet.

You can add up to 50 expenses. Expenses Accounts are arranged alphabetically.

You can delete accounts by simply clicking on the delete link next to the account. To delete an entire revenue section go to set up and check that box.

The formula for calculating Net Income is Net Sales less Total Expenses. Therefore, expenses should almost always entered as positive numbers. A negative expense can be used to represent a 'contra expense' such as 'Other Income'.

You can delete accounts from the balance sheet by simply clicking on the delete link next to the account. To delete an entire section go to set up and click on the sections you would like to exclude.

You cannot add accounts to the Balance Sheet, but each section has an account entitled 'Other ...'. If it appears a whole section is missing, go to set up and uncheck that section.

The Balance Sheet will show how much your Company has (Assets) and how much it owes (Liabilities) a specific point in time. The difference between your Company's Assets and Liabilities equals your Company's Net Worth (Capital). So the following is always true: Asset - Liabilities = Capital.

The Starting Balance Sheets Cash and Retained Earnings are calculated amounts. They are calculated as follows:

• Cash is set to (Total Liabilities + Capital) - (All the Assets excluding Cash).
• Retained Earnings is the accumulated Net Income.

• HTML File (Hyperlink Text Markup Language File) - For viewing online. Opens an html formatted internet page.
• Word Document (download or view online) - For downloading the file or for viewing online if you have a software program on your PC that will allow you to do so.
• Excel Spreadsheet (download or view online) - For downloading the file or for viewing online if you have a software program on your PC that will allow you to do so. The file does not contain macros.

Decimal Digits - The number of digits that follows the decimal point (i.e. the cents). To include the cents use 2, otherwise use 0.

Grid Lines - The lines between the cells of the table and a double solid line that surround the table. The options are: None, Horizontal, Vertical or Both.

Alternate Row Colors -To alternate the colors of the rows. Generally alternating the row colors makes it easier to read across long rows.

Format - Controls the color of the title and the color of the tables boarders.

Date Format - If a date was entered on the Set Up panel then the dates format can be set to common formats such as mm/dd/yyyy or yyyy-mm-dd.

To download or view the reports simply click on the 'View / Download Start Up Schedule' or the 'View / Download Beginning Balance Sheet' link. The links are at the bottom of the start up calculator page.