How to Enter an S Corporation and Its Cash Flow in AdviserGo

Step 1: Add the S Corporation as a Company

1. From your client’s Dashboard, select (+) Item → Company

2. Enter a descriptive name (e.g., S Corp-HoneyWorth, S Corp).

3. Choose the Owner(s) — typically the client who owns the S corp.

Select "Done".

Step 2: Add Business Income

1. Go to Dashboard → + Item → Income → Other Income.

2. Name it (e.g., S Corp Income).

3.. Select the S corp owner as the recipient.

4. Input the amount of income the business generates each year.

5. Select "Done".

Step 3: Add Shareholder Distributions

1. Go to Dashboard → Company → Company Distributions

2. Select (+) Company Distribution:

3. Enter the Amount:

4. Ensure the "Timing" is correct for the distribution:

Step 5: Review in Cash Flow View

1. Go to Dashboard → Year View → Cash Flow.
   
   

2. You will see the Business owners income listed as "Return of Capital from S-Corp HoneyWorth"

3. The business itself will not show a “net income”, instead, it will be listed under "Not Displayed in Chart".

Links for Cash Flow Modeling for Businesses and Modeling the Sale of a Business