The options available for schedule nature are : Source Balance Sheet Schedule, Application Balance Sheet Schedule. Basically it is divided into 6 common schedules namely Assets, Liabilities, Direct Income, Indirect Income, Direct Expenses and Indirect Expenses. Based on 6 categories, all other categories are created.

The schedule creation is the very first activity in the Accounts Module.

The schedules are used in grouping accounts and generating the final reports like Balance Sheet and Profit & Loss as per the required format. The schedules are created as per the requirement.

Click here to go to the Account schedule help screen.