Balance Sheet
The Balance Sheet report type is a financial statement that shows a company's financial position (Assets, Liabilities & Equity) at a specific point in time.
Benefits:
Assessing financial position: The balance sheet provides a snapshot of a company's financial position at a specific point in time. This information can be used to assess the company's solvency, liquidity, and financial stability.
Evaluating financial performance: The balance sheet can be used to evaluate a company's financial performance over time. For example, by comparing the balance sheet to previous years, you can see how the company's assets, liabilities, and equity have changed.
Making informed decisions: The balance sheet can be used to make informed decisions about a company's operations, investments, and financing.
The following are the available reports for Balance Sheet: