Setting up an overdraft account in financial statements

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Important reminder!

Licenses for Payroll CS, Trial Balance CS, and Write-Up CS (but not Engagement CS) permanently expired on March 1, 2017. CSA will not include 2017 tax rates or payroll forms, so, for 2017 and beyond, you will need to process payroll in another application. We recommend Accounting CS Payroll and myPay Solutions. For more information, see the following topics.


The Financial Reporter module enables you to use conditional expressions in your financial statement worksheet to set up an overdraft account. This allows you to display an account in a balance sheet as either a Current Asset or a Current Liability based on a debit or credit balance. On a month-to-month basis you can see the changes in the Account reflected in the correct section of the statement without having to make any sign changes based on a debit or credit balance.

See also: Overdraft account example

Alternate method

An alternate method for displaying overdraft information in financial statements is to use an automatic journal entry. For detailed information and examples, please see Automatic Journal Entries in Write-Up CS (PDF).

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