Balance Sheet

In Cargo Books, the balance sheet provides a snapshot of your company's financial position at a specific point in time. It summarizes your assets, liabilities, and equity, helping you understand your business's financial health and track its growth over time.

To View this report

1. Navigate to the left sidebar and click on Reports.

2. Under the Business Overview section, select Balance Sheet.

3. Choose the desired date range by selecting the start and end dates in the Dates between fields

4. Click Run Report.

Different Components of the Report

Let us explore different accounts that this report contains:

Components	Description
ASSETS	Resources owned by the company, including cash, inventory, etc.
TOTAL ASSETS	The sum of all assets.
LIABILITIES AND EQUITY	Debts and obligations owed by the company, and shareholders' equity.
TOTAL LIABILITIES AND EQUITY	The sum of all liabilities and equity.

1. You can click any account to view its drill-down summary.

2. You have the option to export the report in CSV, Excel, or PDF formats for convenient offline access.