Balance Sheet Reports
A balance sheet reports a companys financial position on a specific date, usually calculated at the end of the quarter or year. A balance sheet is often described as a snapshot of a companys financial condition. A standard company balance sheet has three parts: assets, liabilities, and ownership equity. The way finances balance is as follows; Assets = Liabilities + Equity.
How to view the Balance Sheet Report
- Open Back Office
- Click Report Section.
- See Other Reports
- Click and open Balance Sheet reports.
- When everything balances, all finances have been accounted for.