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
The following mapping needs to be changed accordingly in the "Mapping" Sheet of each report. Note that the account mapping to each Reporting Code is defined in the Reporting Code configuration worksheet.
| Report Section | Reporting Code |
|---|---|
| Cash | KPI_CASH |
| Accounts Receivable | KPI_ACCOUNT_RECEIVABLE |
| Prepaid Expenses | KPI_PRE_PAID_EXPENSES v |
| Inventory | KPI_INVENTORY |
| Fixed Assets | KPI_FIXED_ASSET |
| Accounts Payable | KPI_ACCOUNTS_PAYABLE |
| Accrued Expenses | KPI_ACCRUED_EXPENSES |
| Tax Payables | KPI_TAX_PAYABLE |
| Intersite Clearing | KPI_INTERSITE_CLEARING |
| Retained Earnings | KPI_RETAINED_EARNINGS |
| Current Earnings | KPI_CURRENT_EARNINGS |
Selection Page:
- Company
- Fiscal Year
- Fiscal period
- Ledger
- Ledger Type
- Budget
- Mapped Dimension 1
- Mapped Dimension 2
- Mapped Dimension 3