Balance Sheet - Basic
This report is the classic Balance Sheet Statement format that also includes the previous year's selected period.
Key metrics at a glance
- Actual – Shows the actual balance of each account for the selected period.
- Budget – Shows the budgeted balance of each account for the selected period.
- Var $ – Shows the variance between the actual and budgeted balance for each account, calculated as Actual - Budget.
- Var % – Shows the percentage variance between the actual and budgeted balance for each account, calculated as (Var $ / Budget) * 100.
Mapping and Filtering
Mapping
All the reports in the Balance Sheet section have the same report structure that can be customized based on the Account Grouping of Acumatica. The following mapping needs to be changed accordingly in the Mapping sheet of each report.
| Report section | Account group |
|---|---|
| Current Assets | 3 |
| Fixed Assets | 5 |
| Other Assets | 8 |
| Current Liabilities | 4 |
| Long Term Liabilities | 7 |
| Capital Stock | 1 |
| Retained Earnings | 23 |
| Current Profit/Loss | 21 |
Filtering
Selection Page
| Company | Fiscal Year | Fiscal Period | Ledger |
| Ledger Type | Budget | Mapped Dimension 1 | Mapped Dimension 2 |
| Mapped Dimension 3 |