accounting portal.

Accounting Portal quick guide

Loan schedule

1. Pay attention to the annual number of days on which the loan interest is calculated according to the Loan Agreement. For Cyprus banks this is usually calculated on a 360 days calendar year and not a 365 one.

2. On the date of change of the interest rate and in order for the correct number of days to be calculated from the last entry to the current line one, keep one line empty as per the example included below the loan schedule.

Cash Flow working

1. Insert the prior and the current year Balance Sheet figures in the horizontal analysis and justify all the figures movement in the vertical columns.

2. Check that all formulas are correct and that there is no difference appearing in the red box.

Payroll computation

It is a good practice to recalculate employee salaries in addition to the usual payroll software, as payroll softwares deliver false calculations some times. You can recalculate the salaries using our Payroll computation and you can check out our Payroll Portal as well.

Depreciation schedule

Check that all the formulas are correct.

Create an account

Tip
It is a good practice to recalculate employee salaries in addition to the usual payroll software, as payroll softwares deliver false calculations some times. You can use our Payroll computation for that.

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