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Product support for the ended on September 30, 2020.
- Write Up CS
- Payroll CS
- Engagement CS
- Client Bookkeeping Solution
- Financial Analysis CS
Help & How-To Center content for the Creative Solutions Accounting platform may be outdated and is used at your own risk.
Listed here are the GL account groups defined in Accountant's Assistant for use with Client Bookkeeping Solution Financial Statements. (Note that these same account groups can be accessed by choosing Setup > Account Groups either from the CSA main window or from the Accountant's Assistant main window - with the exception of the groups used in the Separate Accounts Method for the Statement of Cash Flow. The latter can be accessed only from Accountant's Assistant.)
- CurrentAssets
- FixedAssets
- AccumulatedDepreciation
- OtherAssets
- CurrentLiabilities
- LongTermLiabilities
- CapitalStock
- PaidinExcess
- TreasuryStock
- For Retained Earnings, CBS Financial Statements uses the following account groups:
The following account groups are used in place of CurrentAssets and CurrentLiabilities, respectively.
- Cash
- AccountsReceivable
- Inventory
- Prepaids
- For Other Current Assets, CBS Financial Statements uses the following account group:
- AccountsPayable
- AccruedLiabilities
- AccruedPayroll
- Revenue
- ReturnsandAllowances
- CostofSales
- OperatingExpenses
- OtherIncome
- GainsandLosses
- OtherExpenses
- FederalIncomeTax
Indirect method
- NetIncome
- DepreciationandAmortization (expense accounts)
- GainsandLosses
- AccountsReceivable
- Inventory
- For Other, CBS Financial Statements uses the following account groups:
- AccountsPayable
- AccruedLiabilities
- AccruedPayroll
Direct method
- For Cash Received from Customers, CBS Financial Statements uses the following account groups:
- NetIncome
- CFDirectOtherIncome
- AccountsReceivable
- For Cash Paid to Suppliers and Employees, CBS Financial Statements uses the following account groups:
- OperatingExpenses
- FederalIncomeTax
- OtherExpenses
- DepreciationExpense
- Investing
- Prepaids
- AccountsPayable
- AccruedLiabilities
- AccruedPayroll
- For Interest Received, CBS Financial Statements uses the following account group:
- For Interest Paid, CBS Financial Statements uses the following account group:
Debit > Credit method
- LongTermLiabilities (debit)
- FixedAssets
- GainsandLosses
- LongTermLiabilities (credit)
- Dividends
- StockProceeds
- CFStockPurchase
Note that the account group Cash is also added as the last item on this statement.
Separate Accounts method
To access these account groups, mark the Use separate Acquisition and Disposal Accounts checkbox on the Financial Statements tab of the Setup > Miscellaneous Information dialog in Accountant's Assistant and then click the Define Cash Flow Account Groups button on that same tab.
- CFNewFixedAssets
- CFFixedAssetSales (proceeds from asset sales)
- CFNewLongTermLiabilities
- CFLongTermLiabilities
- CFDividendsPaid
- CFStockProceeds
Note that the account group Cash is also added as the last item on this statement.
CREATIVE SOLUTIONS ACCOUNTING
