This article explains the Balance Sheet report (Statement of Financial Position) in Qoyod, which shows the company’s assets, liabilities, and owners’ equity at a specific point in time, with comparison and advanced analysis options.
Path in Qoyod
Reports › Balance Sheet
What the balance sheet is
A financial statement that shows what the company owns and owes at a specific point in time: assets, liabilities to third parties, and owners’ equity. It helps the business owner understand:
- The company’s financial position.
- Net capital.
- The ratio of liabilities to assets.
- The company’s ability to settle its obligations.
Display and comparison options
- Compare the balance sheet against a previous period: week, month, quarter, or year.
- Choose how many comparison periods to include.
- Set the account level to display.
- Show only the account type without the details.
Advanced analysis
You can surface specific items from assets, liabilities, and equity through the Filter option:
- Custom fields: e.g., view the statement of financial position for a specific branch.
- Products.
- Projects.
- Customers or suppliers.
- Employees.
- Branches and warehouses.
Dimensions
The Dimensions feature lets you compare the statement of financial position across several items at once by selecting multiple custom fields, products, projects, or customers/suppliers.
