ATX Trial Balance

[David]

I am using ATX trial balance for the first time for a financial review. I need to show comparative statements that will show 2010 numbers (reviewed by the previous CPA) and the 2011 numbers.

The instructions say to enter beginning balances for the balance sheet accounts only. However, I need to also show the 2010 P&L numbers.

Can those of you who have used ATX Trial Balance tell me the best way to enter the information so that the 2010 P&L will be presented in the comparative statements and the 2010 profit will be reflected in the 2011 retained earnings?

Thanks.

[michaelmars]

HOW ABOUT entering them in the 2010 program as 12/31/10 transaction, thus they will show on the 2011 statement as prior year.

[David]

Thanks for your help.

2011 is the first year I have purchased the trial balance program so I don't have the 2010 program, unless it was included in the 2010 Total Tax Office Package. The 2011 program allows us to enter 2010 transactions. Will that work or will it not transfer the 2010 profit to the 2011 retained earnings?

Thanks.