Balance Sheet

Balance sheet is a financial statement which shows company assets, liabilities, equity. This is one the important reports because it shows the company assets, liabilities and equity for the given period of time. Which in turn it shows the company financial status.

This report can created in three different sections they are Current, Previous and Custom. In current, report can be created by using Today, Current Month, Current Year, Current Quarter and Previous, report can be created by using Yesterday, Previous month, Previous Year, Previous Quarter. Using Custom to create the report for a specific dates, a month or even a year.

Steps to create the report

  1. Go to reports
  2. Click on Balance sheet mentioned in finance report
  3. Click on date range choose from the dropdown menu
  4. Select cash or accrual in accounting field
  5. If you want to compare the Balance sheet with another month or a year
  6. Click on compare with and another date range field will appear
  7. Choose from the dropdown menu
  8. Click on generate Report
  9. Click on open to open as PDF
  10. You can download by pressing on download icon
  11. You can edit the headers to your need
  12. See screenshot attached Balance sheet report with data