It summarizes a company's assets, liabilities and shareholders' equity at a specific point in time.
These three balance sheet segments give investors an idea as to what the company/organization owns and owes, as well as the amount invested by shareholders.
The balance sheet adheres to the following formula:
Assets = Liabilities + Capital (Shareholders' Equity)
For checking balance sheet report in Epan -
Click on Account > Balance Sheet Menu :
You will get page :
Note : Net profit value using in balance sheet report & after calculation got
Equal value of both side "Total" because of balance sheet basic rule
i.e. : Assets = Liabilities + Capital (Shareholders' Equity).
You can check statements to related "
Current Assests" by digging just one click.
Go further by clicking on "
Trade Receivable (It is a Group Name)".
Go further by clicking on "
Sundry Debtor (It is a Group Name)".
Go further by clicking on "
Name of Ledger".
Now you get transaction record of "
Debtor".
Transaction voucher detail. After analysis of balance sheet you have known about your company what the company owns and owes, as well as the amount invested by shareholders.