Balance Sheet — Edit

This guide explains how to create and configure a balance sheet report in Manager.io.

Creating a New Balance Sheet

To create a new balance sheet:

1. Go to the Reports tab:

2. Select Balance Sheet, then click New Report:

You are now ready to configure the balance sheet.

Configuring the Balance Sheet

The balance sheet edit form contains the following fields and options:

Title

By default, your report is titled "Balance Sheet." You can enter a different name if desired.

Description

Add a brief explanation to differentiate this report from other balance sheets within your reports list.

Columns

This section allows you to define the columns in the balance sheet report. The available fields include:

• Date — Choose the date for calculating account balances.
• Division — Select a division if your business uses divisions and you want a divisional balance sheet.
• Column name — Enter a custom name for your column. If you leave this field blank, the system will use the selected Date as the name.

Note: Click the Add comparative column button to add additional columns for comparative reporting.

Accounting method

Select either:

• Accrual basis — recognizes transactions when they occur, regardless of when payment is made or received.
• Cash basis — recognizes transactions only when cash is actually received or paid.

Rounding

Select this option to round figures on your report to whole numbers.

Layout

Choose your preferred layout for displaying balance sheet accounts.

Groups to collapse

Select groups to collapse, displaying them as single-line accounts to keep your report concise.

Footer

Optionally add text at the bottom of your balance sheet, such as notes or additional remarks.

Show account codes

If your business uses account codes, choose this option to display the code numbers next to account names in the report.

Exclude zero balances

Tick this option to remove accounts with zero balances from appearing in your balance sheet.