You can use Capital Accounts tab to set up yourself on it. In this video I'm going to show you physically how you do it in your bookkeeping records.Ohio Law requires that the Fiscal Office submit an audited annual financial report to the State of Ohio every year. Cuyahoga Valley Career Center's basic financial statements as listed in the table of contents. Advances In and Advances Out are operating transactions (budget) as opposed to balance sheet transactions (GAAP). 4. FOR THE YEAR ENDED DECEMBER 31, 2023. Page. Yes setup directors loan account as asset on balance sheet, then do bank spend and allocate to DLA. When you receive money, do bank receive and allocate to DLA.