- 01
Select the as-of date
The Balance Sheet is a point-in-time report, so use the correct date.
- 02
Review assets and liabilities
Check bank/cash, receivables, inventory, payables, tax, loans and other balances.
- 03
Confirm balance
Assets should equal liabilities plus equity according to the configured reporting structure.
- 04
Reconcile control accounts
Compare AR/AP/inventory supporting reports to their respective general-ledger control balances.
Guide complete
Continue with the next related workflow, or return to the Guide Center to find another task.