Entering Covenant Actual Performance Equations or Result Formulas

  To enter covenant actual performance equations or result formulas:

1. Select Accounts, then User Defined Accounts.

2. In User Defined Accounts, click Covenant and select Working Capital Actual.

3. Under Value is, leave the setting at Calculated by formula in all periods.

4. Enter a formula for the covenant under Formula, using the same formula format as the Custom Ratios.

   You can also enter ratio accounts in formulas. For this example, enter this formula: v2100 - v2600.

5. Select Output Type (currency) and Output Units (default).