All our Profit and Loss, Balance Sheet, Trial Balance, and Not For Profit Summary enquiries share the same screens and the same functionality for consistency purposes.
For more information on the layout and the functionality of the screen please refer to profit and loss summary enquiry.
The purpose of the balance sheet is to provide a snapshot of your company's financials position as at a specified point of time.
The treatment of a nominal account within the balance sheet as an asset or liability account is determined by the Major Heading assigned to each nominal account.
You can only see nominal accounts which are assigned to a balance sheet type major heading. These are major heading 7 to major heading 12.
For more information, please refer to default Major Headings and Reporting Codes.
Note: Any nominal account that has been set up with the Allow Zero Budgets option selected will always be included in the P&L and Balance Sheet enquiries regardless of the Include Zero Lines option on the Advanced Filter panel.
The year and period fields default to the current working or open period and can be changed.
The Balance Sheet Summary Enquiry grid in more detail:
Field | Description |
Place value or Units |
|
Decimal place number |
Note: Only changes the view of the enquiry and does not pull through to the excel report. |
Saved Filters |
|
Cog |
|
The Balance Sheet Summary enquiry headings are as follows:
Headings | Description |
Fixed Assets |
|
Intangible Assets |
|
Current Assets |
|
Current Liabilities |
|
Total Assets Less Current Liabilities |
|
Long Terms Liabilities |
|
Net Assets |
|
Capital Employed |
|
Profit and Loss for Year |
|