Course The Binoculars - the balance sheet (#7)

The last of the three reports. The balance sheet shows two columns: the global balance (the position across the years) and the balance of the current year only. When clicking through, look at the period of an entry, not the date — in the video you see straight away why that difference matters.

Further down you find your outstanding suppliers and customers: invoices for which no payment has been found yet. And finally the suspense account — the account on which we park a document when we are not sure where it belongs. Taking a look there now and then helps us finish your accounts correctly.

This part starts automatically at 17:32 and covers the video up to about 21:20. After that the recording moves on to the questions and the outlook — you find those in part 8. The video is spoken in Dutch, with English subtitles.