> ## Documentation Index
> Fetch the complete documentation index at: https://help.ezyiah.com.au/llms.txt
> Use this file to discover all available pages before exploring further.
# Business Entity Selection
> How each entity type shapes a client's Basic Info form and the accounts that appear in their Chart of Accounts
The **Business Entity** you select on a client's Basic Info screen is one of the most consequential choices in their setup. It decides which fields appear on this form, and it also decides which accounts Ezyiah builds into that client's Chart of Accounts. Getting it right the first time keeps a client's balance sheet accurate from day one.
Ezyiah supports five entity types, in this order in the dropdown: **Company**, **Partnership**, **Sole Trader**, **Unit Trust**, and **Discretionary Trust**.
## Where to find it
On a client's **Basic Info** screen, under **Client Info**, the **Business Entity** dropdown sits below Email and Phone Number. Selecting a different entity immediately changes the fields below it, so the form only ever shows what's relevant to that entity.
Changing a client's entity type after transactions have been reconciled can affect how their balance sheet is structured. Set this correctly when you first add the client where possible.
## 1. Company
Selecting Company adds three fields that no other entity has: **Income Tax Percentage**, defaulting to 25%, and **Total Shares** with **Per Share Value** underneath it. These exist because a company is the only entity that issues share capital, and Ezyiah uses them to build the equity section of the company's balance sheet.
Open the **Business Entity** dropdown and choose **Company**.
Check the **Income Tax Percentage** against the client's circumstances before saving, since it defaults to 25% and flows through to their reports.
Enter **Total Shares** and **Per Share Value**. Multiplied together, these give the company's total issued share capital.
Confirm whether the client is registered for GST, then click **Save**. Ezyiah builds the company's Chart of Accounts with the share capital and equity accounts a company needs.
## 2. Partnership
Selecting Partnership removes the share fields entirely. A partnership doesn't issue capital the way a company does, so the form drops straight from Business Entity to GST registration, the shortest form alongside Sole Trader and Discretionary Trust.
Open the **Business Entity** dropdown and choose **Partnership**.
Confirm whether the client is registered for GST, then click **Save**. Ezyiah sets up the Chart of Accounts to reflect each partner's share of the business, ready for the partners to be added.
## 3. Sole Trader
Sole Trader is the simplest entity in Ezyiah. There's no capital structure and no other parties involved, so the form is identical in length to Partnership: Business Entity straight into GST registration.
Open the **Business Entity** dropdown and choose **Sole Trader**.
Confirm whether the client is registered for GST, then click **Save**. Ezyiah sets up a Chart of Accounts structured around the individual as the business, with no equity or ownership accounts to configure.
## 4. Unit Trust
Selecting Unit Trust swaps the company's share fields for their trust equivalent: **Total Units** and **Per Unit Value**. The mechanics are the same as Company, capital divided into units rather than shares, so this is the second-longest form after Company.
Open the **Business Entity** dropdown and choose **Unit Trust**.
Enter **Total Units** and **Per Unit Value**. Multiplied together, these give the trust's total issued unit capital, the equivalent of share capital for a company.
Confirm whether the client is registered for GST, then click **Save**. Ezyiah builds the Chart of Accounts around unit holder equity, ready for unit holders to be added.
## 5. Discretionary Trust
Selecting Discretionary Trust removes the capital fields entirely. A discretionary trust distributes to beneficiaries at the trustee's discretion rather than against fixed shares or units, so like Partnership and Sole Trader, the form goes straight from Business Entity to GST registration.
Open the **Business Entity** dropdown and choose **Discretionary Trust**.
Confirm whether the client is registered for GST, then click **Save**. Ezyiah sets up the Chart of Accounts around trust equity, ready for a beneficiary to be added.