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interim balance

Any balance sheet prepared during a business year. Examples are daily, monthly, quarterly or half-yearly financial statements.

In SAP Business One, an interim balance sheet refers to a provisional or temporary balance of a General ledger account at a specific point in time, usually within a financial reporting period. Interim financial statements are often used for internal management reporting, budgeting or performance analysis and can provide an overview of a company's financial position during a specific period.

In SAP Business One, interim financial statements can be linked to various financial reports such as Lists of totals and balances or balance sheets can be prepared by specifying a particular date range or interim period. These reports provide an overview of account balances, including income, expenses, assets and liabilities, giving businesses insight into their financial performance and helping them to make informed decisions.


Presentation of the chart of accounts in SAP Business One Financials

Finance in SAP Business One

Financial accounting in SAP Business One contains the entries that are required by law and enriches them with ...