Balance sheet
Review your company's financial position with the balance sheet report.
The balance sheet provides a snapshot of your company’s financial position at a specific time. It lists assets and liabilities, helping you understand the financial health of your business, evaluate liquidity, and assess overall financial stability.
Balance sheet report
The balance sheet report organises key financial components, helping you evaluate financial stability and make informed strategic decisions.
| Columns | Description |
|---|---|
| General ledger account | Lists entries tied to your general ledger account, either mapped in Stripe using the map to your chart of accounts feature or default Stripe accounts |
| Ending | Indicates the balance as of the selected ending date or period in the report; when using the compare feature, this column displays balances as of a previous date or period, enabling side-by-side comparative analysis |
| Change | Shows the change between selected periods in the comparison, facilitating analysis of changes in financial position |
The compare feature lets you analyse financial changes over two different dates or periods, identifying trends and shifts in assets and liabilities.
The balance sheet aligns with figures from other Revenue Recognition reports, such as the income statement, debits and credits report, and trial balance, for the same period and currency, ensuring consistency and accuracy across your financial statements.
View and download the report in various formats from our statements page.