Lesson 1.1: Setting Up Initial Funds

  1. Click New Accounts File on the File menu. This will create a new account with all amounts set to zero.
  2. Ensure that the Initial Funds button is in the down position, so that the Initial Funds text box is editable, and the Initial Funds figure is included in all calculations.
  3. Initial Funds can be entered in two ways:
    1. Type an amount which represents the sum of the opening balances of the Primary and Secondary accounts, into the Initial Funds text box (and then press the ENTER key). Now use the Split clickspin control to split the total between the two accounts. Check the first column of numbers in the table to monitor the balances as they change.
    2. An alternative approach exists, which gives you greater control over the precision of the amounts entered. Click the setup button to the right of the Initial Funds clickspin control, to open a form with individual text boxes for the two accounts. Here you can enter, separately, the opening balances for the Primary and Secondary accounts. Click OK to close the form. The balance figures in the table (and charts) will match those you have just entered. However, if you subsequently use any of the Split controls to adjust the balances, the figures which then appear will be subject to rounding errors (nearest percentage).


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