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Statement of financial position at a given date. This is a key financial report. |
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This report is useful for comparing your account balances between financial years as well as getting an overview of your current financial position in terms of assets, liabilities and shareholder equity. |
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See Accounting Basics for more detail |
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See updated article in Actionstep Help Center: https://support.actionstep.com/hc/en-us/articles/360055286773 |