Understand your Balance Sheet report in Cashflowy - a snapshot of what your business owns and owes.
The Balance Sheet is a snapshot of your business’s financial position at a specific point in time. It shows what you own (assets), what you owe (liabilities), and what’s left over (equity).
Compare balance sheets across different dates to see how your business’s financial position has changed over time. For example, compare January 1 vs. December 31 to see the year’s progress.
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