Lesson 7: Inventory, General 1-20, Strata Section

Edited

You should now complete the remaining tabs including: Inventory Tab, General 1-10, General 11-20, additional sections in the Misc Section Tab and Strata tab. Each tab is self-explanatory.

Complete the Inventory Tab (if applicable)

  1. If applicable, enter the client's January 1st inventory details in this tab.

Complete the General 1-10 Tab and General 11-20 Tab.

  1. Complete these tabs with the assistance from last year's PT-50P.

Complete additional sections in the Misc Section Tab (if applicable)

  1. If applicable, complete:

    • Schedule C - Construction in Progress

    • Consigned Goods held but not owned by you and not reported in your inventory

    • Leased or Rented Equipment located at your business but not owned by you

Complete the Strata Tab.

  • At this point, you should see "Values from Schedules A, B, & C" to be fully populated with the data entered from the above steps


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