Company Setup

• Was your company's first year of business a short year? What was the company's original fiscal year-end? Has the company had any short years since?

• Which sets of depreciation books are required or desired?

• Should you use the AMT book? If so, is an ADS life field desirable?

• If you have assets that you depreciated under another system before you entered them in the application, how do you want to handle any depreciation adjustments?

• Do you need to keep open any of the user books? If so, which book should the user books emulate?

For more information, see Creating a New Company and Working with Companies.