A comparative Balance report is for comparison value per COA at a certain time and is a side-by-side comparison of the entire balance sheet report of a current accounting period and a previous accounting period. A date-to-date comparison within the company helps a business owner or investor identify financial performance trends over time.
I. How to check Comparative Balance
Step 1. Go to Reports and choose Comparative Balance
Note: also use a filter to set the range date and choose the outlet that you want to appear to
You might like to read these related articles below :
To know about the movement of cash in a period: Cash Flow
To view the report of profit and loss of your company on a period: Income Statement
To represent the record-keeping flow in and out of Chart of Account: General Ledger
