What Is the Balance Sheet?
The Balance Sheet is a financial statement that lists Assets, Liabilities, and Equity accounts in a structured table or report.
Why the Balance Sheet Matters
Analyze your business’s financial position from three perspectives: Assets, Liabilities, and Equity.
Evaluate your ability to meet financial obligations.
Make informed financial decisions based on accurate data.
ℹ️ Note:
Rewaa Accounting system automatically updates the Chart of Accounts and records Journal Entries precisely and in real time — ensuring accuracy in financial statements.
Accessing the Balance Sheet
Go to Reports > Financial > Balance Sheet.
Click the report to view details.
Select the desired time period.
Choose the location.
The data will appear based on your selections.
Filtering Results
You can filter the report by Cost Centers:
Click Filter.
Select the Cost Center.
Click Apply.
The results will update based on the selected Cost Center.
ℹ️ If you haven’t added any Cost Centers, a pop-up message will appear: “No cost centers have been added.” To learn how to add a Cost Center, [click here].
How to Read the Balance Sheet
The report starts with Assets, followed by Liabilities, then Equity.
Account names appear on the right, and their total balances on the left.
Sub-accounts are displayed below their parent accounts, following the hierarchy in the Chart of Accounts.
Totals appear below each account group, then a grand total is shown.
💡 Example:
If you have two branches — Dammam and Riyadh — and cash registers assigned to each:
The report shows each account, the branch name, register name, and available balance.
Then, the total cash balance per branch.
Finally, the total cash on hand across all branches.
ℹ️ The total row appears in gray.
ℹ️ If a number appears in parentheses, it means the balance is negative (debit).
ℹ️ To calculate the net total, the system subtracts total negative balances from total positive balances.
At the end of the report, you’ll find:
Total Assets
Sum of Total Liabilities + Total Equity
Exporting the Report
Click Export.
To export as an Excel file, select Excel File.
To export as a PDF file, select PDF File.
The file will be downloaded to your device.
FAQs
Why don’t I see the Balance Sheet under Reports?
The Balance Sheet appears after installing the Accounting app. Make sure the app is installed on your account.What does “Issued Capital” mean in the Balance Sheet?
It’s the total value of the shares issued to shareholders. This balance may change when new products are added to the platform.Why isn’t one of my accounts showing in the Balance Sheet?
Only accounts with journal entries recorded during the selected period are displayed.What is the purpose of the filter next to the date?
It filters the results based on Cost Centers.Do manual and automatic journal entries appear in the Balance Sheet?
Yes. Both manual and automated journal entries are reflected in the Balance Sheet.Can I print the Balance Sheet directly from the platform?
No, you cannot print it directly from Rewaa. However, you can print it after exporting it to Excel or PDF.