which takes us into the Edit screen Adelaide Accountancy which has various columns in the center column we have all our expense category names and you can set those up any way you would like to the right we have split percentages between business and personal
so for example if you have an automotive expense or you have a car that you’re using eighty percent for business and let’s say twenty percent for personal and you can scroll through and change that then you simply set up your ratios here later when you do your entries and you’re going to see that in a few minutes when we show you some entries
you have the option to choose from business only personal only or a split between the two if you choose split it automatically calculate your entry based on the ratios you place here the same for home office expenses if you have a home office and you have an electric bill come in and you want to split that ten percent to business and ninety percent personal you simply set it up here the way you would like and choose split on the entry and the math will get done for you on the left side of the screen we have items to be here appear on a business
financial statement so if it’s a business related items such as bank charges make sure you leave that check mark on that way that item will appear on your business financial statement if it’s a personal item and it’s not business related such as cable TV leave it unchecked and that way it will not show up in your business statement but only on your overall once you’re done click close that takes us back to our main edit screen and the very bottom
section we have pre written descriptions so instead of writing out your descriptions for your repetitive entries you can choose them off this list and we’re going to show you an example of how that works when we do our entries there’s also sort buttons so if you like you can sort these by alphabetically once you’re done click Save Changes and it’ll take us back to our main working screen okay so we’ve created our bookkeeping file and we’ve completed the setup so