Balance Sheet - Basic
This report is the classic Balance Sheet Statement format that also includes the previous year's selected period.
Key metrics at a glance:
- Actual: This column shows the actual balance of each account for the selected period.
- Budget: This column shows the budgeted balance of each account for the selected period.
- Var $: This column shows the variance between the actual and budgeted balance for each account, calculated as Actual - Budget.
- Var %: This column shows the percentage variance between the actual and budgeted balance for each account, calculated as (Var $ / Budget) * 100.
Mapping and Filtering
Mapping
All the reports in the Balance Sheet section have the same report structure that can be customized based on the Account Grouping of Sage 300.
The following mapping needs to be changed accordingly in the "Mapping" Sheet of each report.
| Report Section | Account Group |
|---|---|
| Cash and Cash Equivalents | 01 |
| Accounts Receivable | 02 |
| Inventory | 03 |
| Other Current Assets | 04 |
| Fixed Assets | 05 |
| Accumulated Depreciation | 06 |
| Other Assets | 07 |
| Accounts Payable | 08 |
| Provision for Income Taxes | 09 |
| Other Current Liabilities | 10 |
| Long Term Liabilities | 11 |
| Dividends | 12 |
| Share Capital | 13 |
| Shareholders' Equity | 14 |
Selection Page:
- Company
- Fiscal Year
- Fiscal period
- Ledger
- Ledger Type
- Budget
- Mapped Dimension 1
- Mapped Dimension 2
- Mapped Dimension 3