Balance Sheet
Use this report to review the basic financial position of your company, in a cash or accrual basis.
The report examines the relative relationship between a company's assets, liabilities, and owner's equity as of a specified date.
The report contains subtotals for current and long-term assets and liabilities, and owner’s equity accounts. The total assets should always be equal to the total liabilities plus owner’s equity.
Audience
Owners and shareholders
Accounting
CPA
Report versions
The Balance Sheet and its report views are available in two versions:
- Microsoft SQL Server Reporting Services 2005: Viewable over the web, but with limited Customize options
- Financial Statement Designer: Very customizable, but may take longer to view over the web
Microsoft SQL Server Reporting Services 2005 version
Producing the report
From the Reports menu, click Financial > Balance Sheet.
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Note: |
Select a report or customize option only after the report fully loads. |
Report options
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Option |
Description |
|---|---|
|
Period |
The report contains the balance for the current month unless you select a different time period in this field. If you select Select Dates, a start date is required. |
After changing report options, click 
(Refresh).
Customize options
|
Option |
Description |
|---|---|
|
Report title |
You can change the title of the report. |
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Basis to report |
Prints information for a cash or accrual accounting basis. |
| Print logo |
If selected, it prints the company logo from Company > Preferences > General tab > Reports Logo field. Multi-company only. If selected, it prints the logo of the employee's company. |
|
Include close year entries |
If selected, it includes closing entries on the report. |
|
Use account group summary |
If selected - and if the Summarize on Financial Reports check box is selected for the account group - it prints a summary line for all accounts in an account group, instead of amounts for each individual account. |
| Print all accounts | If selected, it prints all accounts. |
|
Print account number |
If selected, it includes account numbers on the report. |
| Capitalize account type | If selected, it displays the headings for the account types and totals in all capitals. |
|
Print customize options on reports |
If selected, it prints a list of the options that you select. |
See also
Financial Statement Designer version
Producing the report
From the Reports menu, click Financial > Financial Statements > Balance Sheet Group.
Report options
|
Option |
Description |
|---|---|
|
|
The report contains the balance for the previous month unless you click |
Change ViewAfter changing the reporting period, click
(Refresh).
Customize options
From the Reports menu, click Manage Financial Statements > Designs. Click Open, and double-click the balance sheet design you want.
See also
Changing a financial statement design
Changing the balance sheet (account groups) template design
