Balance sheet
What you own, what you owe, your equity, and your GST position on any date.
Where to find it: Books → Balance sheetOpen in app
Read your balance sheet
- Choose the As of date at the top.
- Assets — what you own: cash and bank (click Show accounts for each account), money customers owe you, stock value and claimable tax credits.
- Liabilities — what you owe: money owed to vendors, GST and TDS payable.
- Owner's equity: capital and profit from earlier years plus this year's profit.
- GST position: tax collected on sales, input credit on purchases and expenses, what you've already paid, and whether GST is Still payable or Credit carried forward.
- Read Things to know at the bottom for how each figure is calculated. Click Print to save as PDF.
Still need help?
Email us at [email protected] — tell us what you were doing and attach a screenshot of any error.