Balance Sheet
The Balance Sheet is a financial statement that reports assets, liabilities, and shareholder equity at a specific point in time.
- The row balances are from posted transactions up until as of date selected.
- The report can be condensed by excluding any $0 GL Account results by checking Hide $0.
- If divisions are set up these can be selected to preview the Balance Sheet by division.
- Rounding, checked by default, will round totals to the nearest dollar.
- Current Net Income under Retained Earnings in the report is the difference in total revenues and expenses up until as of date.
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