Use Balance Sheet reports
Pixie CRM guidance. Follow the route for your workspace, check your role and enabled modules, and verify the result before moving on.
Follow this guide to review assets, liabilities and equity as of a selected date through standard, detail, summary and comparison views.
What you’ll accomplish
Review assets, liabilities and equity as of a selected date through standard, detail, summary and comparison views. It forms part of Pixie CRM Enterprise CRM's Accounting & Bookkeeping module and uses the module's permission-aware controller, status and mapping flow rather than a generic spreadsheet process.
How it works
The module has separate endpoints for Balance Sheet, Detail, Summary and Comparison. Account types and detail types determine grouping.
An incorrect account classification can place a correct balance in the wrong section.
Changes to income-statement presentation do not replace Balance Sheet reconciliation.
Follow these steps
- Go to the standard Balance Sheet.
- Set the as-of date.
- Verify assets equal liabilities plus equity.
- Go to Detail for unexplained balances.
- Use Summary for management presentation.
- Use Comparison with consistent dates.
- Trace differences to Trial Balance and General Ledger.
Settings to check
Check it worked
After the action is saved, Pixie CRM keeps the Accounting record connected to its source and updates the visible status or ledger data supported by this workflow. Review the saved result rather than relying only on a success message. Where the action posts accounting data, total debits and credits must balance and the accounts must match the approved mapping or manual selection.
- Open the saved record and confirm its final status.
- Review the source reference and every debit and credit line where ledger data was created.
- Use the relevant register, ageing, reconciliation or report to verify the wider effect.
Common mistakes to avoid
- Do not use a period-only interpretation for an as-of statement.
- Investigate out-of-balance results immediately.
- Reconcile bank, receivable and payable control accounts.
- Review foreign-currency balances.
- Use the least destructive correction available and record the reason for material changes.
- Do not bypass a permission, approval or closed-period control by changing unrelated data.