Balance Sheet (Financial Statement)

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The Balance Sheet lists all assets, liabilities, and capital of a business entity as of a specific date, such as the last day of an accounting period or the last day of the year.

Sage 50's Balance Sheet sums totals for the following:

Current Assets

Property and Equipment (Fixed Assets)

Other Assets

Total Assets

Current Liabilities

Long Term Liabilities

Total Liabilities

Total Capital

Total Liabilities plus Capital

When you display or print a financial statement, Sage 50 displays the following options:

Related topics

Learn how to read financial statements

Learn about other financial statements

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