Finan Balance ER icon

Finan Balance ER

Luis Carrillo Benavides (L.C.B)
Free
1,000+ downloads

About Finan Balance ER

Mobile Application details.

This mobile application is ideal for university students and users of accounting information who need to prepare a balance sheet and Income Statement.

The mobile application provides 12 accounts classified under current assets and 12 accounts classified under non-current assets for the preparation of the balance sheet.

In liabilities, the application delivers 12 accounts classified under current liabilities and 6 accounts classified under non-current liabilities.

In the equity section, the app has 6 accounts to calculate the full value of the section.

* Summary of the accounts to be calculated.
-Current Assets = 12 accounts
-Non-Current Assets = 12 accounts.
-Current Liabilities = 12 accounts.
-Non-Current Liabilities = 6 accounts.
-Heritage = 6 Accounts.

The user will have 40 accounts correctly assigned to prepare the balance sheet.

For the complete preparation of the Balance Sheet, the app has a function for calculating the income statement.

Structure of the income statement in the APP

Sales
-Sales cost
= Gross Margin
-Administration expenses
-Selling expenses.
-Depreciation
= Operating Profit
-Financial expenses
+ Other Income
-Other expenses
= Profit before Tax.
- Taxes
= Profit after Tax.

The user will have at his disposal 35 accounts correctly assigned to prepare the Income Statement and obtain the value of the result for the year for the Equity section.

How to use:

The application has a main menu that maps each set of functions for easy access and a return button to the main screen.

Users can calculate and enter the necessary values ​​to achieve the desired result. It should be considered: Entering all the numeric characters and all the text fields are required for a correct calculation and interpretation.

The "Calculate" button shows the corresponding results of each of the components of the balance sheet and Income Statement.

The "Delete" button removes the numeric characters from the corresponding fields for the user to perform new calculations.


Characteristics
• Concept map function of the most relevant concepts of the Balance Sheet and Income Statement.
• The application works without Internet.
• Completely free version for users.

Important: Due to the size of the app in the balance and Income status section, the user at the moment pressing the access button must wait 35 seconds for the spreadsheet to start.

This mobile application is for educational and theoretical purposes.

Finan Balance ER Screenshots