Setup mode and live mode
All companies in the Entities app are either in setup mode or live mode.
New companies are automatically placed in setup mode. Companies in setup mode have an extra Setup Mode page.
Setup mode enables the user to enter company history without the production of forms and minutes that have already been filed. Wizards in setup mode do not prompt for the dates of board meetings or resolutions when recording an event.
After you enter a company's historical information, you can switch to live mode. When in live mode, wizards recording changes prompt for dates of board meetings and resolutions. Entities produces forms and minutes relevant to the change.