Overview

The Income Statement/Balance Sheet Compact report shows essential income statement and balance sheet information in a concise form. The information in the report is often needed for booking regular periodic activity.

Note that if you want a more granular view of this information, EZLease also provides an Income Statement/ Balance Sheet Detail report. See the following article for more: Income Statement/ Balance Sheet Detail report.

Report Options

For more information on standard report parameters, please see the following article: Report Options.

Special Options

For more: Report - Special Options

Report Output

Like most other reports, the Income Statement/ Balance Sheet reports can be run in PDF [Preview] output or Spreadsheet output (.xlsx).

PDF Output

For all balance sheet accounts, the period end balance is shown. Activity for the period is listed for each income statement account.

Finance leases have two lines of information per period; operating leases have just one line of information. If you run a report for more than one period, a total for all periods is listed, showing the final balance sheet balances and the income statement activity for all periods.

To keep the display more compact, the maximum amount that can be shown in any account (detail or totals) is 999 million, except for the Right-of-Use asset, which displays totals up to 9.999 billion. Spreadsheet output has no maximum. In addition, the gain/loss accounts for additions and terminations are combined.

Note: Future minimum rent and ARO information are not displayed on this report, unlike the Detail version of the report.

Spreadsheet Output

If you create spreadsheet output for this report, all the same accounts are displayed. In addition, if you have entered account numbers for the lease (and you have chosen to include those account numbers in reports), those are output at the end of each line.