I support @derrick on this one. Stessa is clearly a single-entry accounting platform, which is great for ease-of-use. Most taxes (e.g., Schedule E) are driven by the P&L so a proper balance sheet wouldn’t seem to top the charts as far as features. That said, my accountants somewhat freaked out when I switched from QBO to Stessa for the very reason that it’s not a double-entry account platform. The current Balance Sheet report is lacking, and I’ve yet to find a good way to “plug” balance sheet entries so that I can even manually maintain some semblance of double-entry accounting in Stessa.
This is likely related to the following requests:
As a minimum viable product feature, we should at least be able to add an “external account” that’s not automatically linked to a bank feed. For example, some bank accounts don’t automatically integrate for whatever reason. That way, users can at least plug transactions against non-linked accounts for balance sheet accounting. The back-end for this seems like it already exists. However, instead of an external account simply connecting, users should be able to first add one manually and then select if they wish to link it to an automated bank feed.