Balance Sheet - Revision history

Cyle van Niekerk at 11:26, 2 December 2013

2013-12-02T11:26:22Z

Simon Clive at 05:04, 21 June 2011

2011-06-21T05:04:24Z

Simon Clive at 04:33, 21 June 2011

2011-06-21T04:33:03Z

Simon Clive at 03:03, 21 June 2011

2011-06-21T03:03:21Z

Simon Clive at 03:01, 21 June 2011

2011-06-21T03:01:02Z

Simon Clive at 03:00, 21 June 2011

2011-06-21T03:00:02Z

Simon Clive at 02:58, 21 June 2011

2011-06-21T02:58:37Z

Eliza at 23:05, 8 March 2011

2011-03-08T23:05:58Z

Eliza at 22:54, 27 February 2011

2011-02-27T22:54:32Z

Eliza at 22:50, 27 February 2011

2011-02-27T22:50:42Z

@@ Line 35: / Line 35: @@
 Legislation requires the Balance Sheet to be included in the published financial accounts of all limited companies. In <br>reality, all other organisations that need to prepare accounting information for external users (e.g. charities, clubs, <br>partnerships) will also produce a Balance Sheet since it is an important statement of the financial affairs of the <br>organisation.
-A Balance Sheet does not necessary "value" a company, since assets and liabilities are shown at "historical cost" <br>and some intangible assets (e.g. brands, quality of management, market leadership) are not included.
+A Balance Sheet does not necessarily "value" a company, since assets and liabilities are shown at "historical cost" <br>and some intangible assets (e.g. brands, quality of management, market leadership) are not included.
 '''How to use the Balance Sheet'''

@@ Line 45: / Line 45: @@
 '''Set Date'''
-Select the 'As of' date you require (top right)
+Select the 'As Of' date you require (top right)
 '''Set Departments'''

@@ Line 25: / Line 25: @@
 '''Definition'''
-A [[Balance_Sheet|Balance Sheet]] is a statement of the total assets and liabilities of an organisation at a particular date - usually the <br>last date of a financial or accounting period.
+A Balance Sheet is a statement of the total assets and liabilities of an organisation at a particular date - usually the <br>last date of a financial or accounting period.
 The balance sheet is split into two parts:
@@ Line 33: / Line 33: @@
 (2) A statement showing how the Net Assets have been financed, for example through share capital and retained <br>profits.
-Legislation requires the <span style="text-decoration: underline;" />[[Balance_Sheet|Balance_Sheet]] to be included in the published financial accounts of all limited companies. In <br>reality, all other organisations that need to prepare accounting information for external users (e.g. charities, clubs, <br>partnerships) will also produce a [[Balance_Sheet|Balance sheet]] since it is an important statement of the financial affairs of the <br>organisation.
+Legislation requires the Balance Sheet to be included in the published financial accounts of all limited companies. In <br>reality, all other organisations that need to prepare accounting information for external users (e.g. charities, clubs, <br>partnerships) will also produce a Balance Sheet since it is an important statement of the financial affairs of the <br>organisation.
-A [[Balance_Sheet]] does not necessary "value" a company, since assets and liabilities are shown at "historical cost" <br>and some intangible assets (e.g. brands, quality of management, market leadership) are not included.
+A Balance Sheet does not necessary "value" a company, since assets and liabilities are shown at "historical cost" <br>and some intangible assets (e.g. brands, quality of management, market leadership) are not included.
-'''How to use the [[Balance_Sheet]]'''
+'''How to use the Balance Sheet'''
 *&nbsp;Select the Accounts tab
-*&nbsp;Select the [[Balance_Sheet]] button
+*&nbsp;Select the Balance Sheet button
-*&nbsp;The [[Balance_Sheet]] Report will display
+*&nbsp;The Balance Sheet Report will display
 '''Set Date'''
@@ Line 49: / Line 49: @@
 '''Set Departments'''
-A [[Balance_Sheet]] can be obtained for each or all departments or Cost Centres within your Company Database. The <br>[[Balance_Sheet]] will open by default to display "All" Departments (Cost Centres).
+A Balance Sheet can be obtained for each or all departments or Cost Centres within your Company Database. The <br>Balance Sheet will open by default to display "All" Departments (Cost Centres).
-Un-tick the "All" field to select a specific "Department" (Cost Centre) for your [[Balance_Sheet]] Report, if required.
+Un-tick the "All" field to select a specific "Department" (Cost Centre) for your Balance Sheet Report, if required.
-'''Drilling into the [[Balance_Sheet]]'''
+'''Drilling into the Balance Sheet'''
-The [[Account]]s that appear in the [[Balance_Sheet]] that display an Account Balance (Accounts that are not Header <br>Accounts), can be drilled into, to reveal further detail. This will open the Balance Transaction List of the related <br>transactions pertaining to that [[Account]].
+The Accounts that appear in the Balance Sheet that display an Account Balance (Accounts that are not Header <br>Accounts), can be drilled into, to reveal further detail. This will open the Balance Transaction List of the related <br>transactions pertaining to that Account.
 '''Refresh'''
-The Refresh button will refresh and update the page with the latest information available. This is important if other <br>users have entered transactions into your ERP database while you have your [[Balance_Sheet]] open.<br>
+The Refresh button will refresh and update the page with the latest information available. This is important if other <br>users have entered transactions into your ERP database while you have your Balance Sheet open.<br>

@@ Line 33: / Line 33: @@
 (2) A statement showing how the Net Assets have been financed, for example through share capital and retained <br>profits.
-Legislation requires the <span style="text-decoration: underline;">Balance Sheet</span>[[Balance_Sheet|Balance_Sheet]] to be included in the published financial accounts of all limited companies. In <br>reality, all other organisations that need to prepare accounting information for external users (e.g. charities, clubs, <br>partnerships) will also produce a [[Balance_Sheet|Balance sheet]] since it is an important statement of the financial affairs of the <br>organisation.
+Legislation requires the <span style="text-decoration: underline;" />[[Balance_Sheet|Balance_Sheet]] to be included in the published financial accounts of all limited companies. In <br>reality, all other organisations that need to prepare accounting information for external users (e.g. charities, clubs, <br>partnerships) will also produce a [[Balance_Sheet|Balance sheet]] since it is an important statement of the financial affairs of the <br>organisation.
 A [[Balance_Sheet]] does not necessary "value" a company, since assets and liabilities are shown at "historical cost" <br>and some intangible assets (e.g. brands, quality of management, market leadership) are not included.

@@ Line 33: / Line 33: @@
 (2) A statement showing how the Net Assets have been financed, for example through share capital and retained <br>profits.
-Legislation requires the [[Balance_Sheet]] to be included in the published financial accounts of all limited companies. In <br>reality, all other organisations that need to prepare accounting information for external users (e.g. charities, clubs, <br>partnerships) will also produce a [[Balance_Sheet|Balance sheet]] since it is an important statement of the financial affairs of the <br>organisation.
+Legislation requires the <span style="text-decoration: underline;">Balance Sheet</span>[[Balance_Sheet|Balance_Sheet]] to be included in the published financial accounts of all limited companies. In <br>reality, all other organisations that need to prepare accounting information for external users (e.g. charities, clubs, <br>partnerships) will also produce a [[Balance_Sheet|Balance sheet]] since it is an important statement of the financial affairs of the <br>organisation.
 A [[Balance_Sheet]] does not necessary "value" a company, since assets and liabilities are shown at "historical cost" <br>and some intangible assets (e.g. brands, quality of management, market leadership) are not included.

@@ Line 1: / Line 1: @@
-<menu name=myMenu align=center>
+<menu name="myMenu" align="center">
 More Detail=
 [[Account]]
@@ Line 19: / Line 19: @@
 [[Transaction Journal]]
 [[Trial Balance]]
 </menu>
-== '''Overview''' ==
+== '''Overview'''  ==