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EBMS Knowledge Base

Financials

Financials

Back office management and accounting tools.

Financials Overview

Frequently Asked Questions (Financials FAQ)

Fiscal Year

Year End Overview

Closing a Month

Closing a Year

Opening a New Year

Chart of Accounts

Chart of Account Folders

Adding General Ledger Accounts

Changing Account Information

Account History

Find the Source Documents Using the Financial Audit Trail

Account Classification including Cash Flow, Reconcile, and 1099 format settings

Retained Earnings and Other Equity Accounts

Entering General Ledger Beginning Balances

Making an Account Inactive

Changing, Merging, or Moving an Account to another Folder

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Budget

Business Budget Utilities Overview

Creating a Simple Budget

Calculating a Budget Using a Formula

Change a Range of Budget Accounts

Printing Budget Comparison Reports

Connecting the Budget to a Spreadsheet

Importing a budget

Using Variables

Monthly Budgets

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Financial Reporting

Financial Reporting Overview

Balance Sheet

Profit and Loss/Income Statement

Cash Flow Statement

Create Cash Accounting Adjustments

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Transactions and Journals

Financial Transaction Overview

Creating Journal Entries

Viewing or Copying Journals

Account History Tabs

Credit Offset Transactions

Reversing Journal Entries

Year End Adjustment Entries

Adding General Ledger Annual History Tabs

Comprehensive GLT Transaction Reference

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Account Reconciliation

Account Reconciliation Overview

Correcting Differences in Reconciliation

Verifying General Ledger Balances

General Account Adjustments

1099

1099 Overview

Verifying Company Information

Setting 1099 Vendor Information

Viewing 1099 Controls and Changing Threshold Amounts

Printing 1099 Forms

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Departments and Profit Centers

Departments and Profit Centers Overview

Creating New Departments

Creating New Profit Centers

Assigning Direct Expenses to a Profit Center

Allocating Indirect Expenses to a Profit Center

Fine Tune Indirect Cost Ratios

Using a Department as a Company Division or Location

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Fund Accounts

Fund Transfers

Reviewing Fund Balances

Creating Fund Accounts

Bank Feed

Bank Feed Transactions

Manual Feed (Bank File Import)

Configuring Bank Feed and Plaid Integration

Landed Cost

Landed Cost Overview

Landed Cost Adjustment Types

Assigning Default Landed Costs to an Item

Adjusting Landed Costs within a Purchase Order

Fixed Assets and Depreciation

Fixed Asset Depreciation Overview

Depreciation Methods

Adding Fixed Assets

Changing Fixed Asset Information

Changing an Asset's Depreciation Method

Adding or Deleting Fixed Asset Folders

Changing Fixed Asset Defaults

Adding Fixed Assets from an Expense Invoice

Entering Existing Fixed Assets

Adding Costs to a Fixed Asset Manually

Depreciation Reports

Reconciling G/L Depreciation Account Reconciliation

Depreciating Assets using a Monthly Process

Removing Disposed Assets

Selling Fixed Assets within a Sales Invoice

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