i-Genius2.0
8.1 Accounting reports

Balance Sheet

Shows what the school owns (Assets) and owes (Liabilities) as on a date, with totals on both sides.

Balance Sheet
More in Accounting reports
Where to find it
MenuReports › Balance Sheet

Steps

  1. Open Reports > Balance Sheet.
  2. Set To Date.
  3. Click OK.
  4. Tick Expand to open the groups into individual accounts, or Final Balance Sheet for the closing-style sheet (ticking either re-runs the report).
  5. Check Total Liabilities and Total Assets boxes at the bottom; click Print for the printed sheet.

Fields & options

  • To Date (a hidden From Date exists but is not shown)
  • Expand, Final Balance Sheet
  • Total Liabilities, Total Assets
Watch outDouble-click an account line to open its Ledger (group lines open Trial Balance for that group; in Final Balance Sheet mode the capital line does nothing).
TipIf the two totals differ, the books have a mismatch – check the Trial Balance.

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