Balance Sheet Groups

Balance Sheet Groups is where the names of balance sheet reporting groups are entered. These groups form the columns on various reports and every asset on the register belongs to one of these groups. Therefore any information associated with each asset may be grouped and analysed under these headings for report purposes.

To Add Balance Sheet Groups

1. Open the Fixed Assets folder, click Utilities and then click Balance Sheet Groups.

2. Add a description for each Balance Sheet group you need. For example, 'Land and Buildings', or 'Fixtures and Fittings'.

3. Click OK.