i am trying to add fixed assets and liability to balance sheet on bare bones but there isnt any way to post. so I guess that isn't part of bare bones. any way.. I put the etiire month of nov 2011 in bare bones.. and would like to move the month of transactions to comopany. also I would like to make separate companiesfor varous rental properties and business but use the same bank acct for all of them.. at the moment.. or two bank of account between them... is that possible. also I made a payment from savings by telephone transfer to pay credit card and there is no way to post to the credit card.. it posts from savings to profit loss...
hope I don't have to start all over...
#1 Posted by Admin Support staff on 18 Dec, 2011 02:26 PM
No, the bare bones is a good choice, and you can add any accounts to it to suit your own business. Just add accounts using the + button at the top (see website for details). For the account you'll just need to set the category (such as asset, bank account and so on).
You can indeed have more than one business if you wish, you're not restricted to just one.
Your payment from savings to telephone would probably affect your P&L, giving a loss, assuming you've set the savings account as a bank account, and the telephone as an indirect expense.
For more details read the guide at http://www.easybooksapp.com
Mathew
Admin closed this discussion on 18 Dec, 2011 02:26 PM.