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You will learn, step by step, how to make what are called fences and inventories. All these tasks are performed once a year, the income statement and the balance sheet. They are mainly used to calculate corporation tax.
Let's see why and how to enter this information.
In this guide, we will use tables to help you get a better idea. If you want to enter your own information, I recommend that you create a spreadsheet and enter it as in the examples which are described one by one. This way you will be ready to save all your closing data.
