Financial Statements

Related topics

Learn how to read financial statements

Filter a report, form, or financial statement

Select data records to filter a report

Print a report or financial statement

Design a financial statement

Copy a financial statement format from one company to another

Set up or edit a report group

Perform other report or form tasks

Perform other General Ledger tasks

Read the report selection overview

Financial statements give a picture of how your business is doing. In one sense, the whole point of an accounting system is to produce accurate financial statements.

When you display or print a financial statement, Sage 50 displays the following options:

  • Dates: You have the choice of a range of periods, current period, or current three periods. If you select a range, use the From and To list boxes.
  • Budget: Select the budget to use for many financial statements. (Sage 50 Premium Accounting and higher)
  • Account Segments: You can use the Account Segments fields to limit the totals that appear on your financial statement to particular departments, divisions, or whatever other segments you have set up. Each segment of your chart of accounts will appear and you can select a particular segment by using the drop-down lists. If you do not want to limit the totals on the report, simply leave the selections set to All. With this setting, your report will show totals for all accounts, even those that do not match the account segment structure. This field can also be used as a sub-filter for a financial statement that is already filtered. For instance, you may have a statement that filters for a single division yet includes several departments. You can use this field to further filter for a single department. Should you inadvertently set up filtering that eliminates all data, Sage 50 will display a message warning you of this situation. Tell me more about Account Segments. (Sage 50 Premium Accounting and higher)
  • Print Page Numbers: Checking this will print page numbers on the top right corner of the page. Both the page number and the number of pages are indicated. For example, if you are looking at page 2 of a 13-page document, it will display on the report as "Page: 2 of 13."
  • Show Zero Amounts: Select this check box to show accounts with zero amounts.
  • Print All Words Capitalized: Select this check box if you want the report to print in all capital letters.
  • Right Margin/Left Margin: Enter the size of the margins you want, in inches.
  • Center on Page: Select this check box if you want the printed statement to be centered rather than left justified on the form.
  • Number of Copies: Enter the number of copies you want to print. You can enter any number from 1 to 99.
Financial Statements