Financial Statement

SUGGESTED

I was wondering what the formatting for the financial statements was called. I need to find which one it is for school.

Thanks.

  • 0
    SUGGESTED

    Hi  ,

    Thanks for your question! The formatting for financial statements typically depends on the type of statement you're working on. In Sage 50, financial statements include the following:

    1. Balance Sheet: Displays the company’s financial position at a specific date, showing assets, liabilities, and equity.
    2. Income Statement: Also known as a Profit and Loss statement, it summarizes the company’s revenues, expenses, and profit over a period.
    3. Cash Flow Statement: Shows the flow of cash in and out of the business over a period.

    For details on how to generate and format these statements in Sage 50, you can refer to this helpful guide: Sage 50 Financial Statements.

    Let us know if you need assistance with a specific statement or format for your school project!

    Warm Regards,
    Erzsi

    If this helps, please mark it as verified :)