---
title: "Creating a Tax Balance Sheet for an Individual Company"
description: "After you have defined the master data for Tax Balance, you can create the tax balance sheet(s) at the individual company level."
source_url: https://support.lucanet.cloud/en/documentation/income-taxes/tax-balance/create-single-entity-tax-balance
language: en
last_updated: 2026-05-28
---
# Creating a Tax Balance Sheet for an Individual Company

## Overview

After you have defined the master data for Tax Balance, you can create the tax balance sheet(s) at the individual company level.

The following steps are required to create a tax balance sheet for an individual company:

- [Opening the desired tax balance sheet](https://support.lucanet.cloud/en/documentation/income-taxes/tax-balance/create-single-entity-tax-balance/open-tax-balance.md)
- [Managing GCD master data](https://support.lucanet.cloud/en/documentation/income-taxes/tax-balance/create-single-entity-tax-balance/gcd-master-data.md)
- [Defining settings for the tax balance sheet](https://support.lucanet.cloud/en/documentation/income-taxes/tax-balance/create-single-entity-tax-balance/configure-tax-balance-settings.md)
- [Importing data](https://support.lucanet.cloud/en/documentation/income-taxes/tax-balance/create-single-entity-tax-balance/import-data.md)
- [Creating GAAP reports](https://support.lucanet.cloud/en/documentation/income-taxes/tax-balance/create-single-entity-tax-balance/maintain-gaap-reports.md)
- [Configuring functions](https://support.lucanet.cloud/en/documentation/income-taxes/tax-balance/create-single-entity-tax-balance/configure-functions.md)

## Navigation

A tax balance sheet at the company level is created in the **Company** area.

The area is displayed as follows, for example:

'Company' area