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Balance Sheet

The Balance Sheet shows your gym's financial position at a specific point in time — what you own (assets), what you owe (liabilities), and the net worth (equity).

Accessing the report​

Go to Reports → Balance Sheet.

What's shown​

Assets​

  • Current Assets — cash in hand, bank balances, amounts receivable from customers
  • Fixed Assets — equipment, property (if recorded)
  • Inventory — value of stock on hand

Liabilities​

  • Current Liabilities — amounts payable to suppliers, outstanding dues
  • Loans — any borrowings (if recorded)

Equity​

  • Capital — owner's investment
  • Retained Earnings — cumulative profit/loss

Assets = Liabilities + Equity always.

Filters​

FilterOptions
As of DatePoint-in-time snapshot (typically month-end or year-end)

Use cases​

  • Year-end reporting — share with your CA for tax filing
  • Loan applications — banks require a balance sheet to assess creditworthiness
  • Business health — are your assets growing? Are liabilities under control?