A balance sheet or statement of financial position is the summary of the balances of an organization (or individual) at a particular point in time.
Assets: Assets are everything that a company owns that has future economic value. Assets can include: cash, investments, accounts receivable, supplies, buildings, inventory, equipment, etc.
Liabilities: Liabilities include the company’s obligations and financial debt: all accounts payable, loans, deferreed revenues, accounts payable, accrued expenses, mortgages, etc.
Equity: Shareholder’s equity is part of a company’s liabilities and includes the funds contributed by the owners plus the retained earnings.
With Toggl Track, you’ll bring order out of chaos. You’ll spot the things that are pushing you forward, and the things that are holding you back. And above all, you’ll make better, more informed decisions.
Sign up for a free account with Toggl Track and discover a better way of working. Here are some of the features you’ll enjoy with a free account:
When you’re working, Toggl Track works with you. It only takes one click to start a new time entry. Not a fan of real-time tracking? Use the Manual or Calendar modes to add time after-the-fact.
At a glance, Toggl Track shows you what you need to know, when you need to know it. All reports can be exported into CSVs or PDFs.
Toggl Track works with 100+ app integrations. Less navigating between tabs. Less distractions. More focus.
With our Toggl Track desktop app, you can automatically track your apps in the background and enable reminders to remind you to track time so you won't forget.
Teams of 10+ are eligible for a personalized demo to see how Toggl Track can meet your time tracking goals