The Reopen SE Ledger tab opens when a instance of income from self employment ledgers is highlighted on the History tab of the Self Employment Income window and the Reopen button is selected.
The Ledger tab is used to enter the monthly income information for the reopened self employment. The entered information will display in the Income List Box after is has been entered in the Income Entry fields and the Add Ledger button is selected.
Income List Box:
Month of Receipt: This column displays the Month and Year the income was earned.
Total Receipts: This column displays the total income received for the business before expenses are considered.
Total Expenses: This column displays the total expenses reported for the business.
Net Income: This column displays the system calculated income figure after the expenses are deducted.
Estimate/Actual: This column displays whether the income figure is based on actual income receipts or an estimate of income.
Income Entry Fields:
Month of Receipt: Enter the Month and Year (MM/YYYY) the income was earned. This field is mandatory.
Total Receipts: Enter the total income received for the business before expenses are considered for the report month. This field is mandatory.
Total Expenses: Enter the total expenses reported for the business during the report month. This field is optional
Estimate/Actual: From the drop down list, select whether the income figure is based on actual income receipts or an estimate of income. There may be one "Estimate" and/or one "Actual" for the same month, but never more than one "Estimate" or one "Actual" for the same month.
Verification: Select the source of verification for the income from the drop down list.
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Select the Add Ledger button to move the information entered in the Entry Fields to the Income List Box above. |
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The Help button displays the help information for the active data collection task. |
NFO2BB77K
(07-2004)