To complete this exercise, you must be in the Sample company. To get into it, click on the Gear icon on the top right corner of the screen, then select Sample company.
Note that you will be logged out of your current account. If you are sure, click "Continue" to confirm.
Hands On Practice
Now let's get started with the exercise. As a reminder, here is the scenario:
Craig wants to see how much his assets were worth in the previous month and he’s asked you to help run a report for him.
Here’s what you need to know:
- He uses accrual-based accounting
Here’s what you need to do:
- Run a Balance Sheet report
- Set the reporting period for last month
On the left navigation bar, click "Reports".
Click "Balance Sheet".
*In addition to Favorites, this report can also be found in the Business overview section.*
In the Report period field, select "Last Month".
Confirm that the button next to Accrual is selected.
Click "Run report".
You have now run the Balance Sheet. From here, you could email, print, or export this report for Craig.
🏋️♀️ Get More Practice
This exercise was featured as an Exercise of the Week in the QBO Gym. Do more hands-on exercises just like this by joining our FREE, 5-day Bookkeeping Challenge. [Just click here.](https://www.fastandeasyqbo.com/gym5)
This Scribe is in tip-top shape!Leave feedback if there are any issues with this Scribe
Have something to say?Create an account to leave messages for the author to see!
Press space bar to start a drag.
When dragging you can use the arrow keys to move the item around and escape to cancel.
Some screen readers may require you to be in focus mode or to use your pass through key