Balance Sheet (MoM & YoY)

The Balance Sheet (MoM & YoY) workbook shows a standard balance sheet as of a specific date and includes both Year-over-Year and Month-over-Month comparisons. Year-over-Years columns compare each balance to the same period in the previous year, while Month-over-Month columns compare it to the period right before it. This layout helps finance teams quickly identify movements in Assets, Liabilities, and Equity and understand which accounts are driving the changes.

Selection page

When you open the workbook, the Selection Page appears. It lets you choose what you want to see before the balance sheet loads. The Run As Date and Reporting Book fields are required (shown in grey) and must be completed before you can confirm. All other filters are optional and help you narrow the results.

• Run As Date – (mandatory) the "as of" date for the balance sheet.
• Reporting Book – (mandatory) the primary reporting book used for balances.
• Adjustment Book
• Location – (required for multi-currency) select a single location to avoid mixing currencies.
• Department
• Project
• Customer
• Product Line
• Class

Balance sheet

The report shows account balances as of the selected date. It includes two comparison blocks: Year-over-Year on the left and Month-over-Month on the right.

As of Current Period

Compares the selected as-of date to the same period last year.

• TY (this year): actual balance of each account as of the selected reporting period.
• LY (last year): balance of the same account for the equivalent period in the previous fiscal period.
• Var $: dollar change between TY and LY (TY - LY).
• Var %: percentage change between TY and LY, calculated as (TY - LY) / LY * 100.

Prior Period

Compares the selected period to the immediately prior period.

• PP (prior period): balance as of the prior period.
• Var $: dollar change between TY and PP (TY - PP).
• Var %: percentage change between TY and PP, calculated as (TY - PP) / PP * 100.

Parameters and mapping

Parameters

The workbook shows the key dates and settings it used to generate the Balance Sheet (as-of date, comparison periods, books, and any filters). Review these values to make sure they match your selection. If something looks incorrect, return to the Selection Page, adjust your choices, and open the workbook again. Only the blue cells can be edited and all other values come from the selection page.

Report Setting	Description
Reporting Book	The main book used to calculate balances. Set on the selection page.
Adjustment Book	Optional adjustment book. Set on the selection page.
Combine Reporting and Adjustment	When enabled, the workbook combines the Reporting Book and Adjustment Book results into a single set of balances.
Statistical Accounts	Controls whether statistical (non-financial) accounts are included. These accounts don't represent GL transactions and often store quantities or other operational values used for reporting. Options: Exclude (default), Include, Only.

For each dimension filter (Location, Department, Project, etc.), you can choose whether to include sub-dimensions. Turn this on when you want the selection to include all child values under the dimension you chose (for example, a parent department and all of its sub-departments). If a dimension doesn't show a sub-dimension toggle, it means there is no hierarchy available for that dimension in Sage Intacct.

Mapping

The Balance Sheet is organized into sections: Current Assets, Fixed Assets, Liabilities, Equity, etc. Each section is linked to a Sage Intacct Account Group, which determines which accounts appear in that section and how totals are calculated. You typically update this mapping only if your Intacct Account Groups are different from the default setup. That might happen if you use different group IDs, renamed your financial statement groups, or notice accounts showing up in the wrong place.

Report Section	Account Group
Current Assets	132
Fixed Assets	91
Other Assets	130
Current Liabilities	174
Long Term Liabilities	83
Capital Stock	107
Retained Earnings	209
Current Profit/Loss	117