Steps
- Open the report. In the sidebar, open Payment Accounts and click Balance Sheet. It needs the Account module and account access.
- Pick the date. Set Filter by date to the end date you want, such as month end. The box title shows your business name and the date.
- Read the Liability side. Supplier Due is what you still owe suppliers on purchases up to that date. Total Liability adds up this side.
- Read the Assets side. Customer Due is what customers still owe you after sell returns, Closing stock is the value of stock on hand, and Account Balances lists each payment account's balance. Total Assets adds them up.
- Compare the totals. The gap between Total Assets and Total Liability is roughly the value the business holds on that date.
- Print it. Click Print to print the balance sheet.
What this balance sheet covers
This is a quick snapshot built from SeroPOS data: dues on sales and purchases, stock value and payment account balances. It doesn't include loans, fixed assets or tax owed unless you record them as payment accounts, so it is not a full accountant's balance sheet. For double-entry books, use the Accounting module or hand the figures to your accountant.
Closing stock uses your purchase prices, so record purchases and opening stock for it to be right.
Frequently asked questions
Why is customer due so high on the balance sheet?
It includes every unpaid or partly paid sale up to the date, including old invoices. Check the Supplier & Customer Report to see who owes what, and record payments with Receive Payment. Sales finalised without a payment row also count as due.
Can I export the balance sheet?
The Balance Sheet has a Print button, which you can also send to a PDF printer. It doesn't have the CSV and Excel table buttons that other reports have.