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  •     QAD Glossary

  • Balance Sheet
    The Balance Sheet shows the business’s total assets and liabilities. Assets are anything that the business owns and liabilities are what the company owes against those assets. The difference between the assets and the liabilities is the net worth of the business. This measurement is important because it shows how long the business is expected to stay in financial power.
    The Balance Sheet chart is linked to a grid showing the account balance details.

    Navigation Overview for the Balance Sheet
    Balance Sheet Chart
    This chart shows the total assets and liabilities. The difference between the assets and liabilities is a company’s net worth.

    Balance Sheet Chart
    Account Balance for Report Line Grid
    This grid, which shows the account balance details, contains the following columns:
    Entity Code
    Line Number
    Account Number
    Account Description
    Calc Balance
    Currency Type

    Account Balance for Report Line Grid
    Click the green back arrow to return to the previous chart.