Create a Balance Sheet

If you want a balance sheet that looks like this example, follow the steps listed below.

Note
If the columns in this example do not line up, maximize your browser.               

Report period  mm/ccyy
Period ending  mm/dd/ccyy
All amounts converted to U.S. Dollars   

Current assets

 

 

Cash

43,045.10

 

Accounts Receivable

11,338,102.49

 

Total Current Assets

11,381,147.59

 

Fixed Assets

586,867.32

 

Total Assets

 

11,968,014.91

 

 

 

Liabilities

 

 

Accounts Payable

 (2,532,602.80)

 

Other Liabilities

131,500.00

 

Total Liabilities

 

(2,664,102.80)

 

  1. Use the Financial Reports Format Maintenance (GFM) program to create a format like this:

Seq

Print

Acct

Total 1

Type

Total to add

Line desc

Spaces to indent

Col

Lines to space

Under-line

100

T

 

 

 

 

Current Assets

0

 

0

 

200

Y

100-102

 

A

10

Cash

3

 

0

 

300

Y

110

 

A

10

Accounts Receivable

3

 

0

-

400

Y

 

10

A

20

Total Current Assets

3

 

0

 

500

N

170-171

 

A

20

Fixed Assets

3

 

0

-

600

Y

 

20

A

 

Total Assets

0

2

1

 

700

T

 

 

 

 

Liabilities

0

 

0

 

800

Y

210-212

 

L

30

Accounts Payable

3

 

0

 

900

Y

220-231

 

L

30

Other Liabilities

3

 

0

-

1000

Y

 

30

L

 

Total Liabilities

0

2

0

 

Note
The accounts in this example are from a sample database; yours will be different. You may have additional asset and liability accounts.

Account type determines whether a line is considered to be a debit or credit and whether a credit sign is used.

  1. Use the Financial Reports Header Maintenance (GHH) program to set these parameters:

Report type

Round option

Include commas?

Credit sign

A

1

Selected

(

  1. Use the Financial Reports Print (GP) program to print the report, using these parameters:

Report type

Exclude zero amounts?

Beginning period
Ending period

A

Selected

Same