Balance sheet is a financial statement that shows company assets, liabilities, equity. This is one of the important reports because it shows the company assets, liabilities, and equity for the given period of time and which in turn it shows the company’s financial status.

This report can be created in three different sections they are Current, Previous, and Custom. The current report can be created by using Today, Current Month, Current Year, Current Quarter, and Previous, report can be created by using Yesterday, Previous month, Previous Year, Previous Quarter. Using Custom to create the report for specific dates, a month, or even a year.

Create the Report,

  • Go to reports
  • Click on the Balance sheet mentioned in the finance report
  • Click on date range choose from the dropdown menu
  • The report can also be filtered by tags
  • Click on tags and select the tags from the dropdown
  • Select cash or accrual in the accounting field
  • If you want to compare the Balance sheet with another month or a year
  • Click on compare with and another date range field will appear
  • Choose from the dropdown menu
  • Click on generate Report
  • Click on open to open as PDF
  • You can download by pressing on the download icon
  • You can edit the headers to your need
  • See screenshot attached Balance sheet report with data