You are here: Main Menu > 7. Ledger Menu > A. Financial Reports > 1. Balance Sheet

Balance Sheet

The balance sheet is one of the principal financial statements of a company. It shows the financial position of the company at a specific point in time in terms of assets, liabilities, and owner's equity. If cost centers are used to keep track of different parts or divisions of your company's operations, the balance sheet can also be printed for those specific costs centers. Net•Yield also allows balance sheet reports to be printed in a standard Net•Yield format, or printed in your own custom formats.

Available Actions

Using

Printing

Balance Sheet Fields

Cost Center	Select the cost center(s) you would like to include in the balance sheet.
Period	Enter the accounting period for the balance sheet.
Collapse Cost Centers	Select Y (Y=yes) to have the cost center totaled for each account listed on the balance sheet. If the field is set to N (N=no) all cost centers will print in detail.
Sum by Cost Center	Select Y (Y=yes) to have the balance sheet show a summary by cost center. You may only set this field to yes if you have previously defined a custom format.

Security Required : Ledger - Ledger Reports