Generate a classified balance sheet for an S-corp client that clearly segregates current vs. non-current assets and liabilities in accordance with ASC 210-10-45, ensuring footnotes list restricted cash held in payroll trust accounts and pending tax payment liabilities due within 90 days

Generate generate a classified balance sheet for an s-corp client that clearly segregates current vs. non-current assets and liabilities in accordance with asc 210-10-45, ensuring footnotes list restricted cash held in payroll trust accounts and pending tax payment liabilities due within 90 days for Accounting, Tax Preparation, Bookkeeping, and Payroll Services industry

Accounting, Tax Preparation, Bookkeeping, and Payroll Services

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Upload trial balance, general ledger export, or prior year financial statements for the S-corp client
Select the current filing status and complexity level for accurate balance sheet classification
Indicate which regulatory or stakeholder requirements must be met for the balance sheet presentation
List all restricted cash accounts, amounts held in payroll trusts, escrow accounts, or reserve accounts with restriction details, due dates, and footnote requirements
Provide details on pending federal, state, or local tax liabilities due within 90 days of balance sheet date, including jurisdiction, type, and estimated payment amounts
Specify how to classify borderline liquid assets given the S-corp's operating cycle and industry norms
Indicate the required comprehensiveness of footnotes for disclosure compliance based on entity size and user needs
Note any special S-corp equity considerations including stock redemptions during the year, AAA/OAA/PTI adjustments, outside basis differences, or shareholder loan reclassifications
Identify the primary industry or business type to ensure appropriate chart of accounts mapping and liability classification under ASC 210
Specify the presentation format based on professional standard or client preference for the classified balance sheet layout