Balance Sheet

The Balance Sheet is a financial statement that reports assets, liabilities, and shareholder equity at a specific point in time.

1. The row balances are from posted transactions up until as of date selected.
   
2. The report can be condensed by excluding any $0 GL Account results by checking Hide $0.
3. If divisions are set up these can be selected to preview the Balance Sheet by division.  
   
4. Rounding, checked by default, will round totals to the nearest dollar.
   
5. 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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