The Balance Sheet report provides a snapshot of your organization’s financial position as of a specific date.
It shows:
Assets
Liabilities
Equity
This report helps you understand what your organization owns, owes, and its overall net worth at a given point in time.
You can change the date using the date selector or use the predefined date ranges.
By default, the balance sheet will display values in your organization's base currency.
You can change the display currency of the balance sheet to other currencies that have been set up in your organization. For more information about setting up other currencies, refer to Accounting.
At the bottom of the page, click on See All Rates.
You will be shown a list of all exchange rates used to convert foreign currency transactions back to the organization's base currency.
Other information include the date of the exchange rate, as well as the rate type.
Yes, you can download the report in Excel or PDF formats.
See below for an example of the downloaded file.
Yes, enable Print Report Notes in Options to add and format notes below the report. These notes will be included in the exported report.
Yes. You can click the Chart icon to open a visual chart view of your Balance Sheet.
The chart allows you to view trends over multiple periods and switch between:
Assets
Liabilities
Equity
Cash and Cash Equivalents
Net Working Capital
Ratios, such as:
Current Ratio
Liabilities-to-Assets
Equity Ratio
Note: The chart categories and labels are based on your selected report template.
Yes. In the chart view, click the “Periods” link to open the Compare Periods settings.
You can:
Compare with previous months
Select the number of months to display
Adjust the display order
The chart will update automatically based on your selection.
Yes, enable Print Exchange Rates in Options to display them below the report. They will also appear in the exported report.
At your financial year-end, the system dynamically calculates and rolls over the CYE amount to your Retained Earnings account. Any changes to transactions or your financial year-end will automatically update the rolled-over balances.
