Navigating the Balance Sheet Report

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The Balance Sheet Report lists your assets and liabilities.

  • Clicking on the triangles to the left of the account names will expand or collapse your accounts.
  • Access the Balance Sheet Report by clicking on the Reports icon and selecting “Balance  Sheet.”

There are a variety of columns in your Balance Sheet Report. Here is a short explanation of each column:

Date Picker—allows you to select the specific time frame for your report (Fiscal Year, Quarter, or Month).

Starting Balance—shows the starting balance, based on the selected date range.

Ending Balance—shows the ending balance, based on the selected date range.

Debits—shows the total debits for the selected date range.

Credits—shows the total credits for the selected date range.

Change +/- —displays the actual difference between the starting and ending balance.

Change %—displays the percentage difference between the starting and ending balance.

Assets less Liabilities—displays the difference between Assets and Liabilities.

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