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Assets & Liabilities Report

The Assets & Liabilities report provides a balance sheet view of your financial position.

Key metrics​

MetricDescription
Total assetsEverything you own
Total liabilitiesEverything you owe
EquityAssets minus liabilities
Net worthOverall financial position

Financial ratios​

RatioWhat it measuresGood range
Current ratioShort-term liquidity> 1.5
Quick ratioImmediate liquidity> 1.0
Debt-to-equityFinancial leverage< 2.0

Report sections​

Assets​

CategoryExamples
Current assetsCash, receivables, inventory
Non-current assetsEquipment, property, vehicles
Intangible assetsSoftware, patents
InvestmentsSecurities, deposits

Liabilities​

CategoryExamples
Current liabilitiesPayables, short-term debt
Non-current liabilitiesLong-term loans, mortgages

Equity​

Line itemDescription
Owner's equityCapital invested
Retained earningsAccumulated profits

Columns displayed​

ColumnShows
Current balanceAs of report date
Previous periodPrior month
ChangeDifference
Prior yearSame period last year

Filters​

FilterOptions
As of dateReport date
LocationSpecific store
Compare toPrevious period selection

How to use​

  1. Select report date
  2. Review summary metrics
  3. Check financial ratios against benchmarks
  4. Expand sections for detail
  5. Note any warning indicators
  6. Export for accountants or lenders

Export options​

FormatUse case
CSVAnalysis and import
PDFFormal presentation

Tips​

  • Run monthly for trend tracking
  • Share with accountant quarterly
  • Monitor ratios for financial health
  • Update assets/liabilities when changes occur

Troubleshooting​

IssueSolution
Missing itemsVerify data entry in Finance
Ratios seem offCheck all assets/liabilities are categorized
Report date wrongAdjust the "as of" date filter

What's next​