Balance Sheet
View assets, liabilities, and equity
Balance Sheet
What It Shows
Financial position at a point in time:
- Assets (what you own)
- Liabilities (what you owe)
- Equity (owner's stake)
Generating Report
- Go to Reports > Financial > Balance Sheet
- Select as-of date
- Choose format (vertical/horizontal)
- Generate report
Key Sections
Assets:
- Current assets
- Fixed assets
- Investments
Liabilities:
- Current liabilities
- Long-term debt
Equity:
- Share capital
- Retained earnings