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Difference between revisions of "Balance Sheet"

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<div style="text-align: center;">
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[[Financial Statement]] | [[Balance Sheet]] | [[Balance Sheet Aids]]
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[[Financial Statement]] | [[Balance Sheet]] | [[Chart of Account]]
 
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</div>
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<br />
 
 
==Balance Sheet==
 
==Balance Sheet==
  
 
====Balance Sheet Menu====
 
====Balance Sheet Menu====
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[[File:Balance Sheet Menu.png|center|thumb|1300x1300px|Balance Sheet Menu]]
+
[[File:Financial Statements - Balance Sheet - Record List.png|border|center|1689x1689px]]
 +
 
 +
 
 
'''Balance Sheet''' Module refers to an overview report of the user's Organization's Assets. Liabilities and Equity at a given time.  
 
'''Balance Sheet''' Module refers to an overview report of the user's Organization's Assets. Liabilities and Equity at a given time.  
 +
{| class="wikitable" style="margin: auto;"
 +
|+Balance Sheet Terms on Oojeema Prime:
 +
! style="width:15%;" |Field
 +
!Description
 +
|-
 +
| style="vertical-align:middle;text-align:left;width:15%;" |1. '''Year Filter'''
 +
|Allows the user to Filter a specific year.
 +
|-
 +
| style="vertical-align:middle;text-align:left;width:15%;" |2. '''Export'''
 +
|Allows the user to Export the Report into Spreadsheet
 +
|-
 +
| style="vertical-align:middle;text-align:left;width:15%;" |3. '''Date Range Tab(Monthly, Quarterly, Yearly)'''
 +
|gives the user a set of date range on how they will view their Balance Sheet.
 +
|-
 +
| style="vertical-align:middle;text-align:left;width:15%;" |4. '''Account'''
 +
|set of accounts included on the Balance Sheet which mainly compose of Assets, Liabilities and Equity.
 +
|-
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| style="vertical-align:middle;text-align:left;width:15%;" |5. '''Assets'''
 +
|set of accounts included on the Balance Sheet which mainly compose of Assets, Liabilities and Equity.
  
−
Balance Sheet Terms on Oojeema Prime:
+
*Set of Assets can be seen in Assets Tab under [[Chart of Account]] Maintenance Module.
 +
|-
 +
| style="vertical-align:middle;text-align:left;width:15%;" |6. '''Current Assets'''
 +
|this refers to the assets of a company that are expected to be sold, used, consumed, or exhausted through standard business operations within the given time period.
 +
|-
 +
| style="vertical-align:middle;text-align:left;width:15%;" |7. '''Non-Current Assets'''
 +
|non current assets are usually listed below current assets, these are assets whose benefits will be realized over a certain period(more than a year) and cannot be converted into cash. These assets may include property, equipment, supplies and peripherals.
 +
|-
 +
| style="vertical-align:middle;text-align:left;width:15%;" |8. '''Equity'''
 +
|Equity refers to all values that will be returned to the company's shareholders if the assets were liquidated and all the debts were paid off.
 +
|-
 +
| style="vertical-align:middle;text-align:left;width:15%;" |9. '''Retained Earnings'''
 +
|Retained earning referred to any profits that earned by a company on a certain period, less the dividends and any other distributions paid to the investors. This can be adjusted if there is an entry on the accounting records that changes a revenue or expense account.
 +
|-
 +
| style="vertical-align:middle;text-align:left;width:15%;" |10. '''Liabilities'''
 +
|refers on something that a company owes, usually an amount of money. This can be settled over time through transfers of benefits economically, this may include money, goods or services.
 +
|-
 +
| style="vertical-align:middle;text-align:left;width:15%;" |11. '''Current Liabilities'''
 +
|these are the set of amounts to be paid to creditors within a specific range of date.
 +
|}
 +
 
 +
=====<span class="mw-headline" id="Exporting_Balance_Sheet_Records" style="box-sizing: inherit;">Exporting Balance Sheet Records</span>=====
 +
 
 +
#Click [[Reports]] under Main Menu
 +
#Under Reports page, click Balance Sheet under Financial Statements section
 +
#Under Balance Sheet, click the Export Button on the right side. Take note that the user can filter the year and the tab breakdown if it is Monthly, Quarterly or Yearly
 +
 
 +
[[File:Financial Statements - Balance Sheet - Export.png|border|center|4171x4171px]]
  
−
#'''Date Range'''(Monthly, Quarterly, Yearly) - gives the user a set of date range on how they will view their Balance Sheet.
 
−
#'''Account''' - set of accounts included on the Balance Sheet which mainly compose of Assets, Liabilities and Equity.
 
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#'''Assets''' - set of accounts or anything valuable that the organization owns. It can be land, equipment, or any intellectual property.
 
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#*Set of Assets can be seen in Assets Tab under [[Chart of Account]] Maintenance Module.
 
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#'''Current Assets''' - this refers to the assets of a company that are expected to be sold, used, consumed, or exhausted through standard business operations within the given time period.
 
−
#*Set of Assets can be seen in Assets Tab under [[Chart of Account]] Maintenance Module.
 
−
#'''Non-Current Assets''' - non current assets are usually listed below current assets, these are assets whose benefits will be realized over a certain period(more than a year) and cannot be converted into cash. These assets may include property, equipment, supplies and peripherals.
 
−
#*Set of Non-Current Assets can be seen in Assets Tab under [[Chart of Account]] Maintenance Module.
 
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#*Non-Current Assets can also be seen in [[Fixed Asset Master]] and [[Fixed Asset Class]] since its GL Account is tag on a certain Chart of Account.
 
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#'''Equity''' - Equity refers to all values that will be returned to the company's shareholders if the assets were liquidated and all the debts were paid off.
 
−
#'''Retained Earnings''' - Retained earning referred to any profits that earned by a company on a certain period, less the dividends and any other distributions paid to the investors. This can be adjusted if there is an entry on the accounting records that changes a revenue or expense account.
 
−
#'''Liabilities''' - refers on something that a company owes, usually an amount of money. This can be settled over time through transfers of benefits economically, this may include money, goods or services.
 
−
#'''Current Liabilities''' - these are the set of amounts to be paid to creditors within a specific range of date.
 
  
 
Notes:
 
Notes:
  
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* For detailed instructions on how to Export the Balance Sheet, the user can visit the Balance Sheet Job Aids which can be found [[Balance Sheet Aids|here]]
+
*You can change and filter the year, and the statements if it is Yearly, Quarterly and Monthly for more precise exportation of data
  
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{| class="wikitable"
+
{| class="wikitable" style="margin: auto;"
 
|+Categories:
 
|+Categories:
 
! colspan="2" |'''Modules'''
 
! colspan="2" |'''Modules'''
 
|- style="height:25px;"
 
|- style="height:25px;"
 
|Maintenance
 
|Maintenance
−
|[[Maintenance]]<nowiki> | </nowiki>[[Chart of Account]]<nowiki> | </nowiki>[[Fixed Asset Class]]<nowiki> | </nowiki>[[Fixed Asset Master]]
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|[[Maintenance]]<nowiki> | </nowiki>[[Chart of Account]]
 
|-
 
|-
 
| colspan="2" style="vertical-align:middle;text-align:center;" |'''Reports Module ([[Reports]])'''
 
| colspan="2" style="vertical-align:middle;text-align:center;" |'''Reports Module ([[Reports]])'''
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|-
 
|-
 
|Financial Statements
 
|Financial Statements
−
|[[Balance Sheet]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Income Statement]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[General Ledger]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[General Journal]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Trial Balance]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Statement of Account]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Accounts Receivable Aging]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[AR Detailed Report]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[AR Transaction Report]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Accounts Receivable Aging]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[AP Detailed Report]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[AR Transaction Report]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Accounts Payable Aging]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[AP Detailed Report]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[AP Transaction Report]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Cash Position]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Check List]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Deposit List]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Collection Register]]
+
|[[Balance Sheet]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Income Statement]]<nowiki> | </nowiki>[[Profit and Loss Statement]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[General Ledger]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[General Journal]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Trial Balance]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Statement of Account]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Accounts Receivable Aging]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[AR Detailed Report]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[AR Transaction Report]] [[Accounts Payable Aging]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[AP Detailed Report]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[AP Transaction Report]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Cash Position]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Check List]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Deposit List]] <span style="color: rgb(34, 34, 34)"><nowiki>|</nowiki></span> [[Collection Register]]
−
|-
 
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| colspan="2" style="vertical-align:middle;text-align:center;" |'''Job Aid Modules'''
 
−
|-
 
−
|Maintenance Aids
 
−
|[[Chart of Accounts Aids]]<nowiki> | </nowiki>[[Fixed Asset Class Aids]]<nowiki> | </nowiki>[[Fixed Asset Master Aids]]
 
−
|-
 
−
| colspan="2" style="vertical-align:middle;text-align:center;" |'''Reports Aid'''
 
−
|-
 
−
|Financial Statements
 
−
|[[Balance Sheet Aids]]<nowiki> | </nowiki>[[Income Statement Aids]]<nowiki> | </nowiki>[[General Ledger Aids]]<nowiki> | </nowiki>[[General Journal Aids]]<nowiki> | </nowiki>[[Trial Balance Aids]]<nowiki> | </nowiki>[[Statement of Account Aids]]<nowiki> | </nowiki>[[Accounts Receivable Aging Aids]]<nowiki> | </nowiki>[[AR Detailed Report Aids]]<nowiki> | </nowiki>[[AR Transaction Report Aids]]<nowiki> | </nowiki>[[Accounts Receivable Aging Aids]]<nowiki> | </nowiki>[[AP Detailed Report Aids]]<nowiki> | </nowiki>[[AR Transaction Report Aids]]<nowiki> | </nowiki>[[Accounts Payable Aging Aids]]<nowiki> | </nowiki>[[AP Detailed Report Aids]]<nowiki> | </nowiki>[[AP Transaction Report Aids]]<nowiki> | </nowiki>[[Cash Position Aids]]<nowiki> | </nowiki>[[Check List Aids]]<nowiki> | </nowiki>[[Deposit List Aids]]<nowiki> | </nowiki>[[Collection Register Aids]]
 
 
|}
 
|}
 +
[[Category:Financial Statements]]
 +
[[Category:Financials]]

Latest revision as of 08:55, 8 April 2022

Balance Sheet

Balance Sheet Menu

Financial Statements - Balance Sheet - Record List.png


Balance Sheet Module refers to an overview report of the user's Organization's Assets. Liabilities and Equity at a given time.

Balance Sheet Terms on Oojeema Prime:
Field Description
1. Year Filter Allows the user to Filter a specific year.
2. Export Allows the user to Export the Report into Spreadsheet
3. Date Range Tab(Monthly, Quarterly, Yearly) gives the user a set of date range on how they will view their Balance Sheet.
4. Account set of accounts included on the Balance Sheet which mainly compose of Assets, Liabilities and Equity.
5. Assets set of accounts included on the Balance Sheet which mainly compose of Assets, Liabilities and Equity.
  • Set of Assets can be seen in Assets Tab under Chart of Account Maintenance Module.
6. Current Assets this refers to the assets of a company that are expected to be sold, used, consumed, or exhausted through standard business operations within the given time period.
7. Non-Current Assets non current assets are usually listed below current assets, these are assets whose benefits will be realized over a certain period(more than a year) and cannot be converted into cash. These assets may include property, equipment, supplies and peripherals.
8. Equity Equity refers to all values that will be returned to the company's shareholders if the assets were liquidated and all the debts were paid off.
9. Retained Earnings Retained earning referred to any profits that earned by a company on a certain period, less the dividends and any other distributions paid to the investors. This can be adjusted if there is an entry on the accounting records that changes a revenue or expense account.
10. Liabilities refers on something that a company owes, usually an amount of money. This can be settled over time through transfers of benefits economically, this may include money, goods or services.
11. Current Liabilities these are the set of amounts to be paid to creditors within a specific range of date.
Exporting Balance Sheet Records
  1. Click Reports under Main Menu
  2. Under Reports page, click Balance Sheet under Financial Statements section
  3. Under Balance Sheet, click the Export Button on the right side. Take note that the user can filter the year and the tab breakdown if it is Monthly, Quarterly or Yearly
Financial Statements - Balance Sheet - Export.png


Notes:

  • You can change and filter the year, and the statements if it is Yearly, Quarterly and Monthly for more precise exportation of data
Categories:
Modules
Maintenance Maintenance | Chart of Account
Reports Module (Reports)
Reports Financial Statement
Financial Statements Balance Sheet | Income Statement | Profit and Loss Statement | General Ledger | General Journal | Trial Balance | Statement of Account | Accounts Receivable Aging | AR Detailed Report | AR Transaction Report Accounts Payable Aging | AP Detailed Report | AP Transaction Report | Cash Position | Check List | Deposit List | Collection Register
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