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Difference between revisions of "Balance Sheet"
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|set of accounts included on the Balance Sheet which mainly compose of Assets, Liabilities and Equity. | |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. | + | *Set of Assets can be seen in Assets Tab under [[Chart of Account]] Maintenance Module. |
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| style="vertical-align:middle;text-align:left;width:15%;" |6. '''Current Assets''' | | style="vertical-align:middle;text-align:left;width:15%;" |6. '''Current Assets''' | ||
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| style="vertical-align:middle;text-align:left;width:15%;" |7. '''Non-Current Assets''' | | 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. | |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. | ||
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| style="vertical-align:middle;text-align:left;width:15%;" |8. '''Equity''' | | style="vertical-align:middle;text-align:left;width:15%;" |8. '''Equity''' | ||
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|- style="height:25px;" | |- style="height:25px;" | ||
|Maintenance | |Maintenance | ||
| − | |[[Maintenance]]<nowiki> | </nowiki>[[Chart of Account | + | |[[Maintenance]]<nowiki> | </nowiki>[[Chart of Account]] |
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| 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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|Maintenance Aids | |Maintenance Aids | ||
| − | |[[Chart of Accounts | + | |[[Chart of Accounts Aids]] |
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| colspan="2" style="vertical-align:middle;text-align:center;" |'''Reports Aid''' | | colspan="2" style="vertical-align:middle;text-align:center;" |'''Reports Aid''' | ||
Revision as of 00:30, 7 September 2021
Balance Sheet
Balance Sheet Menu
File:Balance Sheet Menu List.png
Balance Sheet Menu List
Balance Sheet Module refers to an overview report of the user's Organization's Assets. Liabilities and Equity at a given time.
| 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.
|
| 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. |
Notes:
- For detailed instructions on how to Export the Balance Sheet, the user can visit the Balance Sheet Job Aids which can be found here
| Modules | |
|---|---|
| Maintenance | Maintenance | Chart of Account |
| Reports Module (Reports) | |
| Reports | Financial Statement |
| Financial Statements | Balance Sheet | Income 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 |
| Job Aid Modules | |
| Maintenance Aids | Chart of Accounts Aids |
| Reports Aid | |
| Financial Statements | Balance Sheet Aids | Income Statement Aids | General Ledger Aids | General Journal Aids | Trial Balance Aids | Statement of Account Aids | Accounts Receivable Aging Aids | AR Detailed Report Aids | AR Transaction Report Aids | Accounts Payable Aging Aids | AP Detailed Report Aids | AP Transaction Report Aids | Cash Position Aids | Check List Aids | Deposit List Aids | Collection Register Aids |