The balance sheet is a financial statement that provides a snapshot of your organization's financial position at a specific point in time. It lists the company's assets, liabilities, and equity to show the net worth of the organization.

The balance sheet is crucial for assessing the company's financial stability and liquidity. Stakeholders use it to evaluate how well resources are being managed and the financial strength of the business.

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.

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:

Yes. In the chart view, click the “Periods” link to open the Compare Periods settings.

You can:

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. Any changes to transactions or your financial year-end will automatically update the rolled-over balances.