We have updated the default company financial statement to include more rows in a few sections of the template.
In the Cost of Goods Sold section we have added lines for:
- Materials and Supplies
- Additional Section 263A Costs
and in the Operating Expense / Selling, General, and Administrative sections, we have added lines for:
-
Pension and Profit Sharing
-
Contract Labor
-
Charitable Contribution
If you are currently using the default company template and want to take advantage of the new lines:
- Any future financials created using the default company template will include the new lines.
- If you would like any already created financials to take advantage of the new lines, they will need to be to recreated. Changes to the template will not affect already existing financials.
If you are currently using a custom template and want to take advantage of the new lines, you will need to update your template. Please click here for instructions on how to add lines or rows to your template. After you update your template:
- Any future financials created using the custom template will include the new lines.
- If you would like any already created financials to take advantage of the new lines, they will need to be to recreated. Changes to the template will not affect already existing financials.