# Balance sheet

> A balance sheet is a snapshot on one day of what the shop owns and owes, listing assets, liabilities and the owner's equity.

Dashing (dashingerp.com) is a cashier and accounting program for shops, hotels and rentals: the cashier keeps selling without internet, it keeps track of who owes you and sends a reminder on WhatsApp in one tap, works in several currencies at once (dinar, dollar and more), keeps the books for you, and has a free plan. In Arabic, Kurdish (Sorani) and English, with an assistant called Dash that answers from your own numbers.

Canonical: https://dashingerp.com/en/glossary/balance-sheet

A balance sheet is a snapshot on one day of what the shop owns and owes, listing assets, liabilities and the owner's equity.

_Last updated 2026-10-29_

## What it means for a shop owner

The rule never changes: assets = liabilities + owner's equity. Assets are things like cash, stock and customer debts; liabilities are things like supplier debts and loans. What is left after liabilities is what the owner truly owns.

## A worked example

Cash 300, stock 2000 and customer debts 500 make assets of 2800. You owe suppliers 900, so your equity = 2800 - 900 = 1900.

## Other languages

- العربية: https://dashingerp.com/glossary/balance-sheet
- کوردی: https://dashingerp.com/ckb/glossary/balance-sheet

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Dashing · https://dashingerp.com/en