Help

Addsworth Accounting Help

Guides for Addsworth Accounting on the Mac and Addsworth Companion on iPhone and iPad, in four sections. A task that is done only on the Mac is marked “On your Mac”. Guides marked “In the app” open from the Help button in the app’s toolbar.

Getting Started 7 guides

• Getting Started with Addsworth Accounting

  Learn the core workflow from company setup through reporting.

  7 min

• Using Addsworth Companion on iPhone

  Read your books anywhere and capture draft entries on your iPhone.

  3 min

• Managing Your CompanyIn the app

  Create, edit, switch between, and archive companies, and see what the business type decides about equity accounts.

  7 min · On your Mac

• Using Addsworth Companion on iPad

  Capture drafts, reconcile bank accounts, edit bank details and work on GST/HST reports on your iPad.

  2 min

• Understanding the Dashboard

  Read what each Dashboard section shows and where its figures come from.

  4 min

• Glossary of Accounting TermsIn the app

  Quick-reference definitions for accounting terms used in Addsworth Accounting.

  5 min

• Subscription Management on iOS

  Buy, restore and manage the Addsworth Companion subscription.

  1 min

Operations 13 guides

• Setting Up Your Chart of AccountsIn the app

  Set up account structure, numbering, sub-types, and GIFI code assignments, including the opening equity accounts created for your business type.

  15 min

• GIFI CodesIn the app

  Browse CRA GIFI codes, link them to GL accounts, and audit your GIFI mapping coverage.

  2 min

• Creating Journal EntriesIn the app

  Create, balance, post, and reverse double-entry journals.

  11 min

• Tracking Customer Balances at the GL Level

  Tag journal lines with a customer to see AR by Customer totals.

  6 min

• Tracking Vendor Balances at the GL Level

  Tag journal lines with a vendor to see AP by Vendor totals.

  5 min

• Bank Reconciliation

  Set up bank accounts, clear GL transactions against your statement, and finalize reconciliations.

  11 min

• Importing Bank Transactions

  Prepare and import a CSV file of bank transactions.

  4 min · On your Mac

• Sales Tax Rate HistoryIn the app

  Record effective-dated rate changes on a sales tax jurisdiction so back-dated journal entries always use the rate that was in effect on the transaction date.

  5 min · On your Mac

• Add Rate ChangeIn the app

  Add one effective-dated rate change and apply it to every affected tax code at once, and see why posted journal entries can lock a rate window.

  4 min · On your Mac

• Fiscal Years & Posting PeriodsIn the app

  Create fiscal years, manage period status, control when journals can be posted, and understand the December 31 year-end rule for an unincorporated business.

  7 min · On your Mac

• Year-End Closing EntriesIn the app

  Close revenue and expense accounts at fiscal year-end to the account your business type requires: retained earnings, owner's equity, or partners' capital.

  11 min · On your Mac

• Shareholders & Directors

  Keep the shareholder records that T2 Schedule 50 reports.

  2 min

• Running Financial Reports

  Generate and export key financial statements and reports.

  12 min

Compliance 11 guides

• Tax Centre Overview

  Navigate the Tax Centre hub for GST/HST reports and T2 corporate tax schedules.

  4 min

• GST/HST Tracking & ReportingIn the app

  Track GST/HST collected and input tax credits, and generate the GST/HST report.

  19 min

• GST/HST Registrant Guide: Executive SummaryIn the app

  CRA publication RC4022 summarized: registration, collecting and remitting GST/HST, input tax credits, and self-assessment of real property, emission allowances and imported services with the Self-Assessment picker.

  9 min

• GST/HST Quick Method (RC4058)In the app

  Simplified GST/HST remittance for eligible small businesses: who qualifies, how the rate and one-percent credit work, and how Line 103 is computed.

  10 min

• Provincial Sales Tax (PST/RST/QST)In the app

  Understand split-tax filing for BC, MB, SK, and QC: how Addsworth Accounting separates federal GST from provincial tax, province-specific codes, and filing links.

  7 min

• Saved GST/HST Reports & Filing WorkflowIn the app

  Save a report as a point-in-time snapshot, track its filing status, amend the version you filed, drill from a CRA line to its journals, and resolve the conditions that block marking a report as filed.

  6 min

• Audit Log & Compliance

  Understand what period status changes are logged, how to review and export logs, and CRA retention guidelines.

  3 min · On your Mac

• CRA Place of Supply & Tax-Inclusive EntryIn the app

  Use the Journal Editor's Sales Tax Panel to apply CRA place-of-supply rules and enter tax-inclusive amounts that decompose into base + tax on save.

  11 min

• T2 Schedule 100/125 (GIFI Summary)In the app

  Review purpose, source data, and reconciliation checks for the T2 GIFI Summary.

  6 min

• T2 Schedule 50 (Shareholder Information)In the app

  Report each shareholder who holds 10 percent or more of a share class, and the number CRA takes for each.

  4 min

• T2125 Statement of Business or Professional ActivitiesIn the app

  Prepare CRA Form T2125 for sole proprietors and partners filing a personal T1 return, and keep owner's equity, draws, and partners' capital correctly.

  9 min

Data Management 4 guides

• Importing Data: Chart of Accounts & Opening BalancesIn the app

  Prepare and import Chart of Accounts and Opening Balances from CSV or JSON files.

  6 min · On your Mac

• Settings & Preferences

  Import and export data, back up, use the sample company, and open the legal documents.

  4 min

• iCloud Sync and Your Data

  How your books move between your Mac, iPhone and iPad through iCloud.

  2 min

• Backup & Data Management

  Back up the books, restore a backup, and reset the database.

  7 min · On your Mac