Accounting Real Life Tasks - Create A Balance Sheet From A General Ledger Report In 10 Minutes

Join 10,000+ professionals who enrolled in the Controller Academy 🚀 https://controller-academy.com/courses/controller-academy Download file used in the video: https://thefincontroller.com/p/create-balance-sheet-from-general-ledger Normally you need to prepare a Trial Balance before creating a Balance Sheet. But what if you had to create a Balance Sheet with only a General Ledger report? Let me show you how. Time Stamps: 00:00 Intro 00:48 Flow Of Data 01:51 Why You Need To Learn This 02:30 5 Steps To Follow 03:17 Step 1 - Ask If Complete GL 03:47 Step 2 - Walk Through GL 05:05 Step 3 - Draft Header & Categories 08:18 Step 4 - Bring In Amounts 13:20 Step 5 - Check Balance Works ----------------------------------- Hang Out with me on social media: 📸 https://www.instagram.com/the_financial_controller/ 📱https://www.tiktok.com/@thefinancialcontroller https://www.linkedin.com/in/bill-hanna-cpa-7653a851/ DISCLAIMER: Links included in this description might be affiliate links. If you happen to purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week! All views expressed on my channel are mine alone. Not intended as financial or professional advice