How to Generate and use Balance Sheet in Tyms

The Balance Sheet is a snapshot of your company’s financial position, showing assets, liabilities, and equity at a specific point in time.

Step 1: View Balance Sheet

1. Login to your Tyms account (https://app.tyms.io/auth/login).
2. Navigate to the "Accounting Module" from the module list in the top left corner of your screen.
3. Select "Balance Sheet" from the sidebar navigation menu.

Step 2: Customize the Balance Sheet Report

After accessing the Balance Sheet, use these options to tailor the report to your needs:

1. Filtering Options:
   • Select Period: Choose timeframes such as "this quarter end, last quarter end, this half end, last half, or this year end" to view balances as of specific dates.
2. Comparison Options:
   • Compare with last year or last period: View balances side-by-side with previous periods.
   • No Comparison: View the balance sheet without additional data.
3. Grouping Options:
   • Group by Period: Choose a period type, such as "monthly, quarterly, annually, or total only".
   • Group by Branch, Project, or Contact: Assess specific areas or client-related transactions.
4. Zero-Balance Visibility:
   • Show or Hide Zero Balances: Hide zero-balance entries to streamline the report.

Step 3: Export the Report

1. Export the report in Excel or PDF format using the icons at the top-right.

Step 4: AI Insights

1. Use the "Ask Tyms AI" feature to get insights on your balance sheet. (Note: Tyms AI offers insights, not financial advice.)