This screen is displayed by tapping Balance Sheet in the EasyBooks menu. The screen runs a balance sheet report for your business. From this screen, you can
The balance sheet is a financial statement that lists the assets, liabilities and shareholders' equity for your business at a specific date. The intention is to show what the business owns and owes, as well as the amount invested by the business owners.
The balance sheet follows the formula:
Assets = Liabilities + Shareholders' Equity
EasyBooks splits assets into current and fixed assets. Current assets are the more financially liquid or the two, such as cash in the bank, money owed to you by your customers and any stock. Fixed assets are more long-term, such as buildings, fixtures and fittings, IT equipment and so on.
The Net current assets (liabilities) figure (sometimes called working capital and current capital) shows the difference between the more liquid assets and liabilities and is a good indication of how much money the business has to finance it's day to day operations.
Use the and buttons to change the report date quickly to the previous or next financial period. The report will run for the last date of the financial period selected.
The Next P&L Consolidation date from your Business Settings is used as the date of the report. If this date has not yet passed, the reports uses current date instead.
Use the and buttons to change the report date quickly to the previous or next financial period. The report will run for the last date of the financial period selected.
This button is used to send or print the report. It uses the standard Apple sharing panel and allows you to send the report by email or AirDrop, print it to an Airprint-compatible printer or send it to another app such as Dropbox. Three file formats of the report are available.
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