Check ROUNDING; if you don't plan to round to nearest THOUSAND, change to ONES or MILLIONS or BILLIONS; your choice. (Your entry here does not affect any calculations in this file, but it is a helpful notation for reference.)

The next line with blue input characters in PERD ONE needs exact beginning date and ending date. (You cannot use the dates shown, but you can use the same format rules.) For PERD ONE, you must enter BEGINNING and ENDING DATES; for PERD TWO and above, you enter only ending DATE.

Could you have an accounting professional standing by, just in case you have questions?

Now enter BEG BALANCE SHEET info where characters are shown in blue, beginning with CASH. Be sure the Balance Sheet date you are using is identical to the Balance Sheet date shown on FSB. Notice that FSB does not care about current versus long-term. Do not enter anything for NET FIXED ASSETS or TOTAL ASSETS or TOTAL LIABILITIES AND EQUITY; these characters are intentionally not in blue. Leave OTHER NONOPERATING LIABILITIES blank. (You may need to check questionable items with your accounting professional.) Be sure to make pencil notes on your balance sheet about how you translated questionable items; you will need to refer to your notes in the future.

Now input into PERD ONE, END BALANCE SHEET just as you did for BEG BALANCE SHEET.

Next check Column L, which should always show only zeros. (If you are not showing zeros, see if one of your Balance Sheets is out of Balance.)

Now input Income Statement amounts. Be sure that the time span equals exactly what it should, based on the difference between the Beginning and Ending Balance Sheet Dates you entered into FSB for PERD ONE. Do not enter Net Profit characters amount which are intentionally shown in black. Do verify that Net Profit amounts are identical. Save frequently, and especially now.

Note that, because of rounding, you will frequently need to force adjust some items by 1, in order to balance. Where you adjust matters not.

Next check DIVIDENDS AND OTHER in FSB for reasonableness, based on your knowledge of company. (If they don't agree, you may be matching an erroneous Income Statement with two Balance Sheets.) At this point, you have probably discovered any likely errors. But if you want to further insure accuracy, quickly scan all your information for reasonableness.

Now point the mouse cursor at NAME BOX; scroll to PERD1TOP and left click. Go ahead and SET PRINT AREA, then PRINT.

Next point the mouse cursor at NAME BOX; scroll to PERD1BOTTOM and left click. Go ahead and SET PRINT AREA, then PRINT.

Now look over all this information. Make a list of any other questions for you accounting professional. Make another list of any questions you want to discuss with your management team.

Now complete, then print top and bottom for PERD2 and for PERD3.

Next point mouse cursor on NAME BOX. Scroll down to TRENDTABLE, then left click. Should you now SET PRINT AREA, you would print all 13 periods, even though most of them are unused. Instead, re-highlight TRENDTABLE for PERD1 through PERD3 only. SET PRINT AREA, then PRINT.

Now look over TREND TABLE information. Make a list of any other questions for you accounting professional. Make another list of any other questions you want to discuss with your management team.

In no way have you learned about everything you need to know with FSB. However, you have totally completed this quick-start tutorial. You have come a long way. Congratulations.